City National Rochdale
Assets Under Management
$68.2B
Number of Clients
16,838
Number of Advisors
117
Average Client AUM
$4.0M
AUM per Advisor
$582.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
City National Rochdale (CNR) is a wholly-owned subsidiary of City National Bank. CNR offers discretionary investment management through its Wrap Program, which bundles advisory, brokerage (through CNR Securities), and custodial services. Clients are introduced by Referring Advisors. CNR invests in various asset classes, including equities and fixed income.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.11% |
| $500K - $1.0M | 1.10% |
| $1.0M - $2.0M | 1.07% |
| $2.0M - $3.0M | 0.87% |
| $3.0M - $5.0M | 0.84% |
| $5.0M - $10.0M | 0.63% |
| $10M+ | 0.51% |
The Investment Advisory Fee and Program Fee are bundled into one total management fee (the “Wrap Fee”).
Fee Estimator
City National Rochdale's Wrap Program charges a bundled annual fee covering investment advisory and program costs. The Investment Advisory Fee is 1.00% on the first $2,000,000 of assets, 0.80% on the next $3,000,000, 0.60% on the next $5,000,000, and 0.50% on amounts above $10,000,000. The Program Fee ranges from 0.11% to 0.01% based on account value. Fixed income trades incur transactional costs. A separate fee may be paid to a Referring Partner. Clients are also responsible for miscellaneous administrative fees charged by Pershing.
Areas of Practice
Location
400 Park Avenue, 10th Floor, New York, NY, 10022