RIA · CRD 16164SEC-Registered

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Transamerica Financial Advisors

Transamerica Financial Advisors, LLC is an SEC-registered investment adviser in Philadelphia, PA, registered since 1991. The firm manages $2.1 billion in...

Transamerica Financial Advisors

Transamerica Financial Advisors, LLC is an SEC-registered investment adviser in Philadelphia, PA, registered since 1991. The firm manages $2.1 billion in assets, with $1.7 billion managed on a discretionary basis. It has 991 employees and 991 investment advisers.

General information

Firm type

RIA

Year founded

1954

Location

Region

North America

Country

United States

City

Philadelphia

Corporate office

Los Angeles, CA, United States

Principals

Mark Mullin

CEO, Transamerica

Paul H. Hatch

Executive Vice President, Transamerica Financial Advisors

Sector focus

Financial ServicesInsuranceRetirement & Pensions

Frequently asked questions

What is the relationship between Transamerica Financial Advisors and Aegon?

Transamerica Financial Advisors LLC is a wholly owned subsidiary of Aegon N.V., a Dutch life insurance and pensions conglomerate. The firm operates as the U.S. retail distribution platform for Aegon's insurance and retirement products.

Does Transamerica Financial Advisors invest in private equity or venture capital?

Transamerica Financial Advisors does not act as a direct investor in private equity or venture capital. It serves as a broker-dealer and RIA facilitating access to public securities, mutual funds, and insurance products for retail clients. Aegon's institutional investment arm is separate.

What regulatory actions has Transamerica Financial Advisors faced?

In December 2023, FINRA fined Transamerica Financial Advisors $2 million for alleged supervisory failures related to variable annuity exchanges and recommendations (per FINRA, 2023). The firm neither admitted nor denied the charges.

How many advisors work under Transamerica Financial Advisors?

Exact numbers are not publicly disclosed. As a regional broker-dealer, it supports hundreds of independent and employee advisors, but stated headcount is not published.

What types of assets does Transamerica Financial Advisors manage?

The firm's advisory and brokerage platforms handle variable annuities, fixed annuities, life insurance, mutual funds, ETFs, and separately managed accounts. It does not manage alternative assets or direct investments.

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