City National Securities, INC.
Assets Under Management
$1.6B
Number of Clients
1,638
Number of Advisors
108
Average Client AUM
$972K
AUM per Advisor
$14.7M
Compensation
Fee-Only (AUM)
About This Firm
City National Securities (CNS) sponsors a wrap fee program providing wealth management services. Clients receive goal assessment, risk profiling, asset allocation, money management, performance reporting, and ongoing monitoring. CNS's affiliate, City National Rochdale (CNR), provides investment advisory and portfolio management as a sub-advisor.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1M+ | 1.00% |
Applies to Moderate Growth & Income, Growth & Income, Capital Growth, and Aggressive Capital Growth strategies. Fees are negotiable in certain circumstances.
Fee Estimator
This is a wrap fee program where you pay a single bundled fee covering portfolio management, transaction costs, and custodial services. The annual fee is based on the market value of your assets. There is a minimum annual fee of $500. Additional fees apply for IRA maintenance ($35 annually) and termination ($125). Transaction fees for equities and ETFs are $3.50. Check disbursements are $5.00 and wire transfers are $15.00. Fees are negotiable in certain circumstances. CNS compensates CNR for investment advisory services in the amount of 0.30% of the fees paid by clients.
Areas of Practice
Location
555 South Flower Street, 11th Floor, Los Angeles, CA, 90071