NISA Investment Advisors (NISA) is an American

asset management Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

firm headquartered in Clayton,

Missouri Missouri is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Ranking List of U.S. states and territories by area, 21st in land area, it is bordered by eight states (tied for the most with Tennessee ...

History

The predecessor of NISA was National Investment Services of America, an investment management firm based in

Milwaukee Milwaukee ( ), officially the City of Milwaukee, is both the most populous and most densely populated city in the U.S. state of Wisconsin and the county seat of Milwaukee County. With a population of 577,222 at the 2020 census, Milwaukee is ...

Wisconsin Wisconsin () is a state in the upper Midwestern United States. Wisconsin is the 25th-largest state by total area and the 20th-most populous. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake M ...

. In 1994, National Investment Services of America split up into three separate entities. Jess Yawitz and Bill Marshall who were employees there founded one of the three separate entities, NISA Investment Advisors. Prior to this both of them were faculty members of Olin Business School at

Washington University in St. Louis Washington University in St. Louis (WashU or WUSTL) is a private research university with its main campus in St. Louis County, and Clayton, Missouri. Founded in 1853, the university is named after George Washington. Washington University is r ...

who then moved to New York City to work at

Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

. When the firm started it had 20 employees and had $3.9 billion in assets under management. Originally NISA remained in Milwaukee but later moved to Clayton. In 2017, Marshall and Yawitz sold their ownership stakes in the firm to senior management. Marshall and Yawitz retired from their roles of managing the firm in 2018 and at the end of 2021 respectively. David Eichhorn who was with firm since 1999, was selected to succeed them as CEO of the firm. NISA is 100% employee-owned.

References

External links

* {{Major asset management companies Companies based in St. Louis County, Missouri Companies established in 1994 Financial services companies established in 1994 Financial services companies of the United States Investment management companies of the United States 1994 establishments in Wisconsin