TEACHERS ADVISORS INC

The Teachers Advisors Inc. was founded in 1993 and is a privately owned investment manager. The company is one of the subsidiary entities acting under the Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF) Asset Management company that provides investment advice and portfolio management services to the companies under the TIAA-CREF umbrella. Some of the various entities its provides its service to include pension and profit sharing plans, investment companies, pooled investment vehicles, Taft- Hartley plans, commingled funds, and separate accounts and join ventures vehicles, among others. The company currently has over $93 billion in total assets under management that are held in 86 accounts, averaging just over $1 billion each. While its number of accounts has not seen much growth over the recent years, its total assets under management has more than quadrupled from its $20 billion point in 2010. The company itself has a market value of approximately $53 billion, having an increase of $20 billion from its valuation just two years ago. Its largest investment holdings are in Apple Inc., Exxon Mobil, Wells Fargo & Co., and Johnson & Johnson. The company employs over 1000 people in its offices in New York, San Francisco, London, Boston, Chicago and Charlotte. Its parent company TIAA-CREF Asset Management holds the majority ownership in the company with the remaining shares largely split among executives. Teachers Advisors largely caters to investment companies, although its wide client base also includes a variety of others. The company generates its revenue through a mixture of percentage of assets and fixed fees. Some of the notable mutual funds offered through its parent company TIAA-CREF Asset Management company include US. Growth & Income, U.S. Social Choice Equity, International Opportunities, Emerging Markets Equity Index, Bond Index, Lifecycle Retirement Income, and Money Market funds. The current CEO Robert Leary also acts as the executive vice president of TIAA-CREF.