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.