Diversified Investment Advisors

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Diversified Investment Advisors
Type Corporate Division
Founded 1963
Headquarters Purchase NY
Key people Peter Kunkel, President, Mark Mullin, CFO
Industry Full Service Retirement Consulting
Products 401(k), 403(b), 457 plans, defined benefit administration & consulting, investment management, recordkeeping, reporting and TRO inclusive of human resource outsourcing, non qualifieds, IRA, Roth IRA's and similar products
Employees 900 employees
Website www.divinvest.com

[edit] History

Established as an original division of MONY (Mutual of NY) and its predecessors, DIA spun off as a separate entity in the early 1990s. Diversified Investment Advisors has over 50 years of multi-product, retirement services only industry experience. The primary focus is as recordkeeper, acting as a "manager of managers" with regard to asset allocation. They offer flexible line of products for Defined Contribution 401(k),403(b),Executive Compensation 457's plans as well traditional DB pension offerings. Plan Sponsor has rated them among the best mid market providers in terms of Consulting, Relationship Management and Employee Education and Conversion. They also offer a complete line of after plan products such as IRA's and Roth accounts.

Affiliated companies include Transamerica Insurance. The parent Co., AEGON N.V. of The Hague, Netherlands is one of the largest insurance companies in the world, employing 27,000 worldwide. DIA has regional offices located in Boston (DAS)(Diversified Actuarial Services), NYC, Los Angeles, San Francisco, Dallas, Little Rock, Chicago, Cincinnati, Charlotte and also maintains a large facility in Cedar Rapids IA.