Svb Asset Management is a large advisory firm based in San Francisco. It manages $38.47 billion of regulatory assets for 678 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona, California, Colorado, and 15 other states.
Svb Asset Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Svb Asset Management is $38.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 16000% since the beginning of its operation, and $1.4 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Svb Asset Management for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, other investment advisers, pooled investment vehicles, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Bruce E Wallace is corporations or other businesses with 663 clients and $38.14 billion of assets under management. Among the 8 most similar advisory firms, Svb Asset Management has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $38.47 billion for 672 clients. 3% of the firm’s clients are foreign persons or businesses.
Svb Asset Management doesn't advise any private funds.
The company employs 60 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Bruce E Wallace has been acting as President since 1 May 2011. James Evert Anderson has served as the Chief Investment Officer since 1 Nov 2002. Ninh Danh Chung joined the executive team most recently as the President, Ceo And Director.
The principal office where Svb Asset Management performs its advisory services is located at 505 Howard Street, San Francisco, CA 94105, which is also the mailing address of the firm. An additional office of the firm is in Newton, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 866-719-9117. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at svb.com/assetmanagement.