In 2016, we furthered our single-minded focus by renaming the firm New England Asset Management, Inc. (NEAM, Inc.), previously having had other monikers. We will continue to support our promise of providing dedicated teams, actionable tools and tailored solutions to our clients. Our ownership structure and vision remain unchanged, our commitment unwavering. We look forward to the next 30 years, and beyond, of successful collaboration with our clients, our employees and our valued partners.
1As of June 30, 2019, NEAM's unaffiliated insurance company client assets under management were $70.5 billion, managed by both NEAM, Inc. and its affiliate. $67.3 billion of which were managed by NEAM, Inc. and the remaining $3.2 billion of which were managed by NEAM, Inc's affiliate.