Hedge Fund Database

FIRST CITIZENS ASSET MANAGEMENT, INC

Adviser information for FIRST CITIZENS ASSET MANAGEMENT, INC last updated from Form ADV on March 31st, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location South Carolina, United States

Employees

Total Number of Employees 52
Investment Advisory/Research 32
Registered Broker-Dealer Representatives 50
Registered State Investment Advisers 52
Licensed Agents of an Insurance Company 45
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 1,783 $495.8M
Non-Discretionary 16 $27.1M
Total 1,799 $523.0M

Clients

Type Number RAUM
Individuals 1,786 $467.4M
HNW Individuals <5 $2.7M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans <5 $358
Charitable organizations <5 $616,697
State or municipal gov entities 8 $52.2M
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses <5 $57,496
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 26-50

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)
Compensation % of AUM
Other Business Activities Registered representative of a broker-dealer

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 69.8M
Portfolio Manager 69.8M
Both for Same 69.8M
Portfolio Manager to Program Sponsor
FIRST CITIZENS ASSET MANAGEMENT INC FIRST CITIZENS ASSET MANAGEMENT INC

Identifiers

SEC RIA File Number 801-79917
SEC ERA File Number 801-79917
SEC CIK Numbers 1964116
SEC CRD Numbers 140777
Legal Entity Identifier None

Principal Office

4300 SIX FORKS RD.
RALEIGH
NC
United States
Monday - Friday, 8:30 - 5:00
Tel: 800-229-0205, Fax: 919-716-2230

Websites

www.firstcitizens.com/

Chief Compliance Officer

PAULA HEFFRON
CHIEF COMPLIANCE OFFICER
100 E TRYON RD.
RALEIGH
NC
United States
Tel: 919-716-2492
Fax: 919-716-2230
(Full email address available in API data)

Regulatory Contact

ERAINE PARKER
COMPLIANCE OFFICER
100 E TRYON RD.
RALEIGH
NC
United States
Tel: 919-716-2177
(Full email address available in API data)

Industry Affiliates

FIRST CITIZENS CAPITAL SECURITIES, LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer
FIRST CITIZENS INSTITUTIONAL ASSET MANAGEMENT, LLC Other investment adviser, including financial planners
FIRST CITIZENS INVESTOR SERVICES, INC. Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersInsurance company or agency
FIRST-CITIZENS BANK AND TRUST COMPANY, INC Banking or thrift institution
NEUSE TITLE SERVICES Insurance company or agency
SVB ASSET MANAGEMENT Other investment adviser, including financial planners
SVB WEALTH Other investment adviser, including financial planners

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
BOGACZYK, STEVEN, FRED Individual – DIRECTOR, CHIEF FINANCIAL OFFICER 02/2016 < 5%
FIRST-CITIZENS BANK AND TRUST COMPANY, INC. Domestic Entity – PARENT COMPANY 05/2005 > 75%
FIRST CITIZENS BANCSHARES, INC Domestic Entity FIRST CITIZENS BANK AND TRUST COMPANY, INC SHAREHOLDER 10/2014 > 75%
WILSON, MICHAEL, CHRISTOPHER Individual – DIRECTOR, PRESIDENT 07/2015 < 5%
CILIANO, BRENT Individual – DIRECTOR 01/2016 < 5%
HEFFRON, PAULA, KAY Individual – DIRECTOR, CHIEF COMPLIANCE OFFICER 01/2021 < 5%
NOLAN, PATRICK, FRANCIS Individual – INVESTMENT OFFICER 12/2021 < 5%
WALSH, WILLIAM, JAMES Individual – DIRECTOR 02/2024 < 5%
MCCALLUM, CORY, MICHAEL Individual – DIRECTOR 02/2024 < 5%

No. Employees, Historic

60300201920202021202220232024202548 on 5/6/201948 on 1/10/202046 on 6/1/202046 on 6/26/202041 on 4/1/202141 on 4/23/202141 on 12/14/202141 on 1/21/202243 on 3/31/202243 on 4/5/202243 on 12/2/202249 on 3/30/202349 on 8/10/202349 on 8/19/202349 on 11/27/202349 on 2/29/202452 on 3/30/202452 on 3/30/202452 on 3/31/2024

RAUM, Historic

600M300M02019202020212022202320242025155221633 on 5/6/2019155221633 on 1/10/2020135772449 on 6/1/2020135772449 on 6/26/2020109823007 on 4/1/2021109823007 on 4/23/2021109823007 on 12/14/2021109823007 on 1/21/2022105832923 on 3/31/2022105832923 on 4/5/2022105832923 on 12/2/2022273656161 on 3/30/2023273656161 on 8/10/2023273656161 on 8/19/2023273656161 on 11/27/2023273656161 on 2/29/2024522986899 on 3/30/2024522986899 on 3/30/2024522986899 on 3/31/2024

No. Clients, Historic

2,0001,00002019202020212022202320242025819 on 5/6/2019819 on 1/10/2020692 on 6/1/2020692 on 6/26/2020594 on 4/1/2021594 on 4/23/2021594 on 12/14/2021594 on 1/21/2022544 on 3/31/2022544 on 4/5/2022544 on 12/2/20221273 on 3/30/20231273 on 8/10/20231273 on 8/19/20231273 on 11/27/20231273 on 2/29/20241799 on 3/30/20241799 on 3/30/20241799 on 3/31/2024

Holdings

From latest 13F, filed August 12th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
INVESCO EXCH TRADED FD TR II SR LN ETF 617K 29K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES INC CORE MSCI EMKT 11M 204K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR CORE MSCI EAFE 22M 302K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR S&P SML 600 GWT 215K 2K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR RUS 1000 VAL ETF 410K 2K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR RUS TP200 GR ETF 66M 306K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR RUS MDCP VAL ETF 17M 143K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR NATIONAL MUN ETF 14M 136K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR MBS ETF 299K 3K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR INTRM GOV CR ETF 383K 4K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR RUS TP200 VL ETF 40M 540K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR RUS MD CP GR ETF 8M 68K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR MSCI ACWI ETF 520K 5K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR S&P MC 400VL ETF 557K 5K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR CORE US AGGBD ET 58M 602K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR 7-10 YR TRSY BD 537K 6K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR EAFE SML CP ETF 2M 40K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR 10-20 YR TRS ETF 3M 30K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR EAFE VALUE ETF 684K 13K FIRST CITIZENS INVESTOR SERVICES, INC.
ISHARES TR FALN ANGLS USD 516K 20K FIRST CITIZENS INVESTOR SERVICES, INC.
J P MORGAN EXCHANGE TRADED F US VALUE FACTR 8M 196K FIRST CITIZENS INVESTOR SERVICES, INC.
PROSHARES TR DJ BRKFLD GLB 1M 26K FIRST CITIZENS INVESTOR SERVICES, INC.
SPDR S&P 500 ETF TR TR UNIT 310K 569 FIRST CITIZENS INVESTOR SERVICES, INC.
SPDR SER TR BLOOMBERG EMERGI 250K 13K FIRST CITIZENS INVESTOR SERVICES, INC.
SPDR SER TR BLOOMBERG HIGH Y 509K 5K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD BD INDEX FDS TOTAL BND MRKT 230K 3K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD INDEX FDS REAL ESTATE ETF 2M 28K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 2M 44K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD SCOTTSDALE FDS VNG RUS2000GRW 516K 3K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 4M 53K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD WHITEHALL FDS EM MK GOV BD ETF 262K 4K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD WHITEHALL FDS INTL HIGH ETF 1M 15K FIRST CITIZENS INVESTOR SERVICES, INC.
VANGUARD WHITEHALL FDS HIGH DIV YLD 681K 6K FIRST CITIZENS INVESTOR SERVICES, INC.