City National Asset Management, Inc. (Beverly Hills)

City National Asset Management, Inc. is a large advisory firm based in Beverly Hills. It manages $6.01 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Illinois.

City National Asset Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

City National Asset Management: assets under management

The assets under management (AUM) of City National Asset Management, Inc. is $6.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 64% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $400.4 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay City National Asset Management, Inc. 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.

Careers at City National Asset Management, Inc.

Shelley B. Thompson has been acting as President since 1 May 2003. Julianne Marie Fries joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alan Gerard Remedios	Senior vice president, director	1 Nov 1999	Other	2633772
City National Bank	Owner	1 Mar 2001	75% - 100%	95-1780067
Michele Carole Maslow	Chief financial officer	1 Mar 2001	Other	4123493
Kathleen Mcnamara Saldana	Chief compliance officer	1 Mar 2001	Other	2564287
Richard Alan Weiss	President, director	1 Mar 2001	Other	1543644
Rodney J Olea	Senior vice president, director	1 Mar 2001	Other	4377682
Richard Barnett	Vice president, director	1 Mar 2001	Other	1667160
Brian Garbe	Vice president, director	1 Mar 2001	Other	2188874
William J. Souza	Chief legal officer	1 Mar 2001	Other	4347138
Vernon Clark Kozlen	Chairman, director	1 Mar 2001	Other	4085477
Brian L Garbe	Senior vice president, director	1 Mar 2001	Other	2188874
Oliver P. Campbell	Vice president, senior trader	1 May 2001	Other	4649425
Barbara Bruser	Senior vice president, director	1 Oct 2002	Other	4628422
Shelley B. Thompson	Director	1 May 2003	Other	4664450
Tammie Sue Klink	Chief compliance officer	1 Sep 2004	Other	4859517
Kathleen Mcnamara Saldana	Chief compliance officer	1 Jul 2005	Other	2564287
Richard Daniel Byrd	Chairman, director	1 Sep 2005	Other	2869575
Valerie Yvette Lewis	Chief compliance officer	1 Sep 2005	Other	2030023
Alan Gerard Remedios	Senior vice president, director	1 May 2007	Other	2633772
Ottis Heald	Senior vice president, director - equity investments	1 Jun 2010	Other	2788490
Gregory Stanton Kaplan	Senior vice president, director - fixed income investments	1 Jun 2010	Other	2883720
Paul Single	Senior vice president and director, fixed income investments	1 Jun 2010	Other	1544898
William C Miller	Senior vice president and director - fixed income investments	1 Jun 2010	Other	2556352
Richard Scott Gershen	Chairman	1 Jun 2010	Other	2192421
Gregory Paul Francoeur	Senior vice president & director	1 Jun 2010	Other	2635132
William Jay Freeman	Senior vice president & director	1 Jun 2010	Other	4650630
Timothy George Albert Solberg	Senior vice president, director - sub-advised funds	1 Jan 2011	Other	1428529
Bruce David Simon	Chairman and president	1 Feb 2011	Other	1976549
Kelly Owen Schmalhausen	Chief compliance officer	1 May 2011	Other	2340178
Julianne Marie Fries	Chief compliance officer	1 Aug 2012	Other	1713102

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
City National Corporation	Owner	1 Mar 2001	75% - 100%	95-2568550

Based in Beverly Hills

The principal office where City National Asset Management, Inc. performs its advisory services is located at 400 N. Roxbury Drive, Suite 700, Beverly Hills, CA 90210, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-888-6363 or by fax 310-888-6018. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.