Nikko Asset Management Americas, Inc. (New York)

Name: Nikko Asset Management Americas, Inc.
Address: 605 Third Avenue, New York, NY, 10158
Telephone: 212-610-6100

Nikko Asset Management Americas, Inc. is a large advisory firm based in New York. It manages $5.11 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, District of Columbia, Kansas, Louisiana, and Virginia.

Nikko Asset Management Americas provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nikko Asset Management Americas: assets under management

The assets under management (AUM) of Nikko Asset Management Americas, Inc. is $5.11 billion. The firm's AUM has gone down by -60% since the beginning of its operation, and $4.92 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.78 billion in discretionary accounts and $335.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $318.43 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $41.96 million.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is sovereign bonds, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nikko Asset Management Americas, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Gerard Daniello serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, and state or municipal government entities. The largest group of clients of John Gerard Daniello is pooled investment vehicles with 6 clients and $4.93 billion of assets under management. Among the 8 most similar advisory firms, Nikko Asset Management Americas has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.11 billion for 9 clients. 55% of the firm’s clients are foreign persons or businesses.

Nikko Asset Management Americas also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Nikko Asset Management Americas, Inc.

The company employs 29 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Gerard Daniello has been acting as President since 1 Nov 2007. Lawrence Stephen Prager has served as the Chief Investment Officer since 1 Aug 2010. Inc. Sumitomo Mitsui Trust Holdings joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Nikko Am Americas Holding Co.	Shareholder	1 Apr 1997	75% - 100%	13-3940718
Inc. Nikko Americas Holding Co.	Shareholder	1 Apr 1997	75% - 100%	13-3940718
John Gerard Daniello	Director	1 Nov 2007	Other	4582625
Marc Harry Steglitz	Director	1 Nov 2007	Other	2481514
Hiroki Tsujimura	Cio alternative investments	1 Nov 2007	Other	2302926
Jeff Yim Yu Lee	Executive vice president	1 Nov 2007	Other	2519049
Frank Donald Orzechowski	President, ceo & cfo	1 Nov 2007	Other	2156231
Masayuki Ishihara	Co-cio fi, eq, & asset allocation	1 Nov 2007	Other	2303029
John Schrier	Chief counsel	1 Nov 2007	Other	5410593
Laurie Ann Vicari	Chief compliance officer	1 Nov 2007	Other	4937221
Thomas Michael Juterbock	Co-cio fi, eq, & asset allocation	1 Nov 2007	Other	1722682
Elliot Weinstein	Secretary	1 Nov 2007	Other	5465215
Christina L Alfandary	Director	1 Apr 2009	Other	2099008
Jeffrey Michael Herring	First vice president, chief financial officer, chief operating officer	1 Apr 2009	Other	4251373
Lawrence Stephen Prager	Chief investment officer	1 Aug 2010	Other	1431953
Lawrence Stephen Prager	Director, senior managing director, chief investment officer	1 Nov 2010	Other	1431953
Christina L Alfandary	Director, first vice president, senior managing director	1 Nov 2010	Other	2099008
Charles Michael Metcalfe	Director	1 Feb 2011	Other	1281505
Andrew Ross Long	Director	1 Apr 2014	Other	6223921
Soung Foon Choa	Chief compliance officer	1 Nov 2014	Other	5557638
Gary Lamont Beckham	Chief compliance officer	1 Jan 2015	Other	4350387
David Jonathan Semaya	Director	1 Feb 2015	Other	1807547
Fred Deserio	Director, vice president, senior managing director	1 Jun 2015	Other	2257787
Armand Aponte	Head of legal	1 Jan 2016	Other	4823360
Marvin Sanders Rosen	Director	1 Jan 2016	Other	1599313
Junichi Sayato	Director	1 Dec 2016	Other	6528352
Kunihiro Asai	Director	1 Feb 2019	Other	7116736

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Nikko Cordial Corporation	Shareholder	1 Mar 1984	75% - 100%	foreign entity
Nikko Principal Investments Japan Ltd	Shareholder	1 Mar 2004	75% - 100%	foreign entity
Inc. Nam Holdings	Shareholder	1 Mar 2004	25% - 50%	foreign entity
Nikko Asset Management Co Ltd	Shareholder	1 Sep 2004	75% - 100%	110997
Citigroup Japan Holdings Ltd	Shareholder	1 Aug 2007	50% - 75%	foreign entity
Citigroup Inc.	Shareholder	1 Aug 2007	75% - 100%	52-1568099
Nikko Citi Holdings Inc.	Shareholder	1 May 2008	75% - 100%	foreign entity
Nikko Citi Holdings Inc.	Shareholder	1 Jun 2009	75% - 100%	foreign entity
Nikko Citi Nam Holdings G.K.	Shareholder	1 Jun 2009	50% - 75%	foreign entity
Nam Investment Holdings G.K.	Shareholder	1 Jun 2009	50% - 75%	foreign entity
Ltd. The Sumitomo Trust And Banking Co.	Shareholder	1 Oct 2009	75% - 100%	foreign entity
Sumitomo Mitsui Trust Holdings Inc.	Shareholder	1 Apr 2011	75% - 100%	foreign entity
Limited Sumitomo Mitsui Trust Bank	Shareholder	1 Apr 2012	75% - 100%	foreign entity
Inc. Sumitomo Mitsui Trust Holdings	Shareholder	1 Apr 2012	75% - 100%	foreign entity
Inc. Sumitomo Mitsui Trust Holdings	Shareholder	1 Jul 2019	75% - 100%	foreign entity

Based in New York

The principal office where Nikko Asset Management Americas, Inc. performs its advisory services is located at 605 Third Avenue, New York, NY 10158, 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 212-610-6100 or by fax 212-610-6140. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at en.nikkoam.com/.