Svb Asset Management (San Francisco)

Name: Svb Asset Management
Address: 505 Howard Street, San Francisco, CA, 94105
Telephone: 866-719-9117

Svb Asset Management is a large advisory firm based in San Francisco. It manages $38.47 billion of regulatory assets for 678 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona, California, Colorado, and 15 other states.

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

Svb Asset Management: assets under management

The assets under management (AUM) of Svb Asset Management is $38.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 16000% since the beginning of its operation, and $1.4 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $38.47 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $56.74 million each.

Investments

The firm invests in cash and cash equivalents the most. They account for 38% of the total AUM. The second-largest asset type is government bonds, which make up 28% of the firm’s portfolio. Investments in other assets form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Svb Asset Management 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.

What kind of clients Bruce E Wallace serves?

The firm provides services to insurance companies, other investment advisers, pooled investment vehicles, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Bruce E Wallace is corporations or other businesses with 663 clients and $38.14 billion of assets under management. Among the 8 most similar advisory firms, Svb Asset Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $38.47 billion for 672 clients. 3% of the firm’s clients are foreign persons or businesses.

Svb Asset Management doesn't advise any private funds.

Careers at Svb Asset Management

The company employs 60 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Bruce E Wallace has been acting as President since 1 May 2011. James Evert Anderson has served as the Chief Investment Officer since 1 Nov 2002. Ninh Danh Chung joined the executive team most recently as the President, Ceo And Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Silicon Valley Bank	Parent	1 Nov 2002	75% - 100%	92-2875288
James Evert Anderson	Chief investment officer	1 Nov 2002	Other	2735530
Lauren Amber Friedman	Chief financial officer, director	1 Nov 2002	Other	2112387
John H Chung	Chief legal and compliance officer	1 Nov 2002	Other	1774868
John Thomas Bentley	Director	1 Nov 2002	Other	1232198
Kenneth Parmalee Wilcox	Director	1 Nov 2002	Other	4487249
Joseph Richard Conway	Chief compliance officer	1 Apr 2003	Other	1666588
Tom Robert Wagner	Director	1 Jun 2003	Other	2747274
Marc Joseph Verissimo	Acting chief finanacial officer	1 Oct 2003	Other	4489960
Derek Paul Witte	Corporate secretary	1 Mar 2004	Other	4774556
Jack Jenkins Stark	Chief financial officer	1 May 2004	Other	4835352
Jack Francis Jenkins Stark	Chief financial officer	1 May 2004	Other	4835352
William Brian Mahon	Chief compliance officer	1 Sep 2004	Other	2992662
Adam Charles Dean	President	1 Mar 2006	Other	3117304
Lauri Lynn Moss	Director	1 Nov 2006	Other	1377807
Michael David Selfridge	Director	1 Nov 2006	Other	5305942
Gregory Wayne Becker	Director	1 Nov 2006	Other	4511265
Michael Richard Descheneaux	Director	1 May 2007	Other	5340978
Joseph Wade Morgan	Chief investment officer	1 Jun 2008	Other	4816078
Thomas Marsh Vertin	Director	1 Mar 2009	Other	5650529
John Gary Utschig	Chief compliance officer & anti-money laundering	1 Nov 2009	Other	2526045
Joseph Wade Morgan	Chief investment officer and director	1 May 2010	Other	4816078
Lauri Lynn Moss	President & ceo, director	1 May 2011	Other	1377807
Kamran Fouad Husain	Director and chief financial officer	1 May 2011	Other	5947865
Loo Oun Yee Annie	Secretary	1 May 2011	Other	5948734
Bruce E Wallace	Director	1 May 2011	Other	5675826
Claire Elisabeth Grosjean	Chief financial officer	1 May 2011	Other	5259805
Jeffrey Naylor Schnitz	Managing director and director	1 Sep 2011	Other	2659365
Ninh Danh Chung	Director	1 Aug 2015	Other	3040183
Joan Parsons	Director	1 Aug 2015	Other	6562317
Amena Piracha	Secretary	1 Aug 2015	Other	5935305
Wendy W Cheung	Aml officer``	1 Sep 2015	Other	6564213
Darcey Noel Hall	Anti-money laundering officer	1 Feb 2016	Other	2599719
David Michael Sabow	Director	1 Aug 2017	Other	5138501
Kara Nicole Hackenburg	Chief compliance officer	1 Oct 2017	Other	2675466
Ninh Danh Chung	President, ceo and director	1 Mar 2019	Other	3040183
William Stevenson	Director	1 Mar 2019	Other	7091639

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Svb Financial Group	Parent	1 Feb 1999	75% - 100%	91-1962278
Silicon Valley Bancshares	Parent	1 Feb 1999	75% - 100%	91-1962278

Based in San Francisco

The principal office where Svb Asset Management performs its advisory services is located at 505 Howard Street, San Francisco, CA 94105, which is also the mailing address of the firm. An additional office of the firm is in Newton, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 866-719-9117. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at svb.com/assetmanagement.