The FIRST CITIZENS ASSET MANAGEMENT, INC is a publicly held investment adviser that advises $39.33Bn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. FIRST CITIZENS ASSET MANAGEMENT, INC is a SMA An SMA manager is a manager whose >=75% of total assets under management are in separately managed accounts, which are discretionary client-specific accounts rather than pooled vehicles. Manager. Assets decreased by 54.01% over the last 5-years.
The Group has been registered with the SEC for 26.45 years and is comprised of 5 filing and 0 relying advisers. They operate out of 60 office locations with their Headquarters at 222 2ND STREET, SAN FRANCISCO, CALIFORNIA. The Group has been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 532 employees comprised of 281 investment and 251 non-investment staff. The total number of Employees increased by 10.6% over the last 5-years.
Their $39.33Bn in assets advised are owned by 2 private funds, 0 public funds and BDCs and 634 other accounts. Assets of Corporations or Other Businesses clients own $32.74Bn or 83.23% of Total Assets and High Net Worth Individuals own $3.35Bn or 8.51% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, representing 100% of total assets, respectively.
They advise 9 types of clients, top clients are Corporations or Other Businesses and High Net Worth Individuals.
The Group uses 0 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 5 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 2 private funds with $829.19mn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
FIRST CITIZENS ASSET MANAGEMENT, INC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.