James Louis  Hamalainen net worth and biography

James Hamalainen Biography and Net Worth

Jim Hamalainen is Executive Vice President, Chief Investment Officer

Prior to joining American Equity, he was EVP, Chief Risk Officer, at Brighthouse Financial, where he built a risk function focused on implementing proactive processes to manage risk.  Prior to his time at Brighthouse, Mr. Hamalainen served as SVP, Treasury and Investment Management at Ameriprise Financial from 2010 to 2016.  Before that he served in a number of finance, risk management and investment roles at Ameriprise and American Express Financial Advisors. 

He started his career at IDS Financial Services after earning degrees from the University of North Dakota and the University of Minnesota.

What is James Louis Hamalainen's net worth?

The estimated net worth of James Louis Hamalainen is at least $1.08 million as of September 19th, 2023. Mr. Hamalainen owns 19,216 shares of American Equity Investment Life stock worth more than $1,082,053 as of April 28th. This net worth estimate does not reflect any other investments that Mr. Hamalainen may own. Additionally, Mr. Hamalainen receives a salary of $1,870,000.00 as EVP at American Equity Investment Life. Learn More about James Louis Hamalainen's net worth.

How old is James Louis Hamalainen?

Mr. Hamalainen is currently 59 years old. There are 5 older executives and no younger executives at American Equity Investment Life. Learn More on James Louis Hamalainen's age.

What is James Louis Hamalainen's salary?

As the EVP of American Equity Investment Life Holding, Mr. Hamalainen earns $1,870,000.00 per year. There are 2 executives that earn more than Mr. Hamalainen. The highest earning executive at American Equity Investment Life is Mr. Anant Bhalla, President, CEO & Director, who commands a salary of $4,780,000.00 per year. Learn More on James Louis Hamalainen's salary.

How do I contact James Louis Hamalainen?

The corporate mailing address for Mr. Hamalainen and other American Equity Investment Life executives is 6000 Westown Parkway, West Des Moines IA, 50266. American Equity Investment Life can also be reached via phone at (515) 221-0002 and via email at [email protected]. Learn More on James Louis Hamalainen's contact information.

Has James Louis Hamalainen been buying or selling shares of American Equity Investment Life?

James Louis Hamalainen has not been actively trading shares of American Equity Investment Life in the last ninety days. Most recently, James Louis Hamalainen sold 81,969 shares of the business's stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $54.11, for a transaction totalling $4,435,342.59. Following the completion of the sale, the executive vice president now directly owns 19,216 shares of the company's stock, valued at $1,039,777.76. Learn More on James Louis Hamalainen's trading history.

Who are American Equity Investment Life's active insiders?

American Equity Investment Life's insider roster includes Axel André (CFO), Anant Bhalla (CEO), Joyce Chapman (Director), Ronald Grensteiner (EVP), James Hamalainen (EVP), Robert Howe (Director), Ted Johnson (CFO), Jeffrey Lorenzen (EVP), John Matovina (Director), Alan Matula (Director), David Mulcahy (Director), and Gerard Neugent (Director). Learn More on American Equity Investment Life's active insiders.

Are insiders buying or selling shares of American Equity Investment Life?

In the last twelve months, American Equity Investment Life insiders bought shares 4 times. They purchased a total of 1,062 shares worth more than $42,341.99. In the last twelve months, insiders at the financial services provider sold shares 9 times. They sold a total of 563,299 shares worth more than $30,415,632.40. The most recent insider tranaction occured on September, 21st when CFO Axel Andre sold 29,273 shares worth more than $1,576,936.51. Insiders at American Equity Investment Life own 1.8% of the company. Learn More about insider trades at American Equity Investment Life.

Information on this page was last updated on 9/21/2023.

James Louis Hamalainen Insider Trading History at American Equity Investment Life

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/19/2023Sell81,969$54.11$4,435,342.5919,216View SEC Filing Icon  
9/15/2023Sell68,915$54.03$3,723,477.4519,216View SEC Filing Icon  
8/10/2023Sell16,248$53.32$866,343.3619,216View SEC Filing Icon  
See Full Table

James Louis Hamalainen Buying and Selling Activity at American Equity Investment Life

This chart shows James Louis Hamalainen's buying and selling at American Equity Investment Life by year and by quarter.

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American Equity Investment Life Company Overview

American Equity Investment Life logo
American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. The company was incorporated in 1995 and is based in West Des Moines, Iowa.
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Today's Range

Now: $56.31
Low: $56.20
High: $56.39

50 Day Range

MA: $55.79
Low: $55.11
High: $56.32

2 Week Range

Now: $56.31
Low: $37.40
High: $56.40

Volume

337,968 shs

Average Volume

685,503 shs

Market Capitalization

$4.47 billion

P/E Ratio

26.31

Dividend Yield

0.67%

Beta

0.8