First Citizens Asset Management, INC
Assets Under Management
$167.0M
Number of Clients
409
Number of Advisors
68
Average Client AUM
$408K
AUM per Advisor
$2.5M
Compensation
Fee-Only (AUM)
About This Firm
FCAM offers sub-advisory services to affiliated entities (FCIS and SVBW) and direct investment advisory services to individuals, corporations, and municipalities. FCAM creates model portfolios using funds, ETFs, and income-oriented models. Retail services include wrap programs, separately managed accounts (SMA), and unified managed accounts (UMA). FCAM does not offer wrap fee programs to new clients and will not accept any new wrap fee accounts.
Fee Structure
FCAM charges asset-based fees, which may cover investment management, monitoring of third-party managers, IAR services, execution costs, and custody. Sub-advisory fees range from 0.04% to 0.50% of AUM and may be negotiable. Retail service fees are billed in advance, monthly or quarterly, depending on the program. Fees may be negotiable based on account composition, complexity, and client relationships. FCAM does not aggregate accounts for fee determination. Clients will also incur separate investment management fees and operating expenses charged within mutual funds and ETFs.
Areas of Practice
Location
8540 Colonnade Center Drive, Raleigh, NC, 27615