TIAA-CREF, a New York-based teachers retirement company that also provides 529 college savings accounts, announced Thursday that it has opened 16 offices.
Fran Nolan, the executive vice president of client services at TIAA-CREF, said in a press release that the offices will help the company get closer to its 3.2 million retirement plan participants at 15,000 institutions nationally.
The new offices are in Buffalo, Melville, and Albany, N.Y.; Lansing and Ann Arbor, Mich.; Houston and Austin, Tex.; Roseland, N.J.; Cambridge, Mass.; Iowa City; Lexington, Ky.; Nashville; Omaha; Salt Lake City; and Palo Alto and Pasadena, Calif.
Each is staffed with client service professionals who can give customized investment guidance. The offices will also be used to provide financial planning seminars and educational workshops for plan administrators.
TIAA-CREF had $345 billion of assets under management at Dec. 31.
