Daiwa Asset Management (America) Ltd. (New York)

Daiwa Asset Management (America) Ltd. is a large advisory firm based in New York. It manages $374.32 million of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2011.

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

Daiwa Asset Management (America): assets under management

The assets under management (AUM) of Daiwa Asset Management (America) Ltd. is $374.32 million. The firm's AUM has gone down by -76% since the beginning of its operation, and $374.32 million of the total AUM is attributable to clients outside of the United States.

The firm manages $116.97 million in discretionary accounts and $257.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $16.08 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Daiwa Asset Management (America) Ltd. for their services and products based on a percentage of assets under management and fixed fees. 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 Masahiro Hotchi serves?

The only and largest group of clients of Masahiro Hotchi is pooled investment vehicles with 23 clients and $374.32 million of assets under management. Among the 11 most similar advisory firms, Daiwa Asset Management (America) has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $374.32 million for 23 clients. 100% of the firm’s clients are foreign persons or businesses.

Daiwa Asset Management (America) doesn't advise any private funds.

Careers at Daiwa Asset Management (America) Ltd.

The company employs 19 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. No 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.

Masahiro Hotchi has been acting as President since 1 May 2012. Allan Bruce Campbell has served as the Chief Investment Officer since 1 Jan 1995. Atsushi Tahara joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daiwa Asset Management Co. Ltd.	Share holder	1 Aug 1990	75% - 100%	13-3240714
Allan Bruce Campbell	Chief investment officer	1 Jan 1995	Other	2199256
Hiroshi Noriishi	Director	1 May 2007	Other	5484068
Koichiro Sekiguchi	Director	1 May 2007	Other	2111055
Anna Timone	Chief compliance officer	1 Jul 2009	Other	4683415
Yoshihiro Hasegawa	Director	1 May 2010	Other	1991719
Hiroshi Nakamura	President	1 Nov 2010	Other	5864528
Atsushi Tahara	Director	1 Nov 2010	Other	1764193
Jun Murofushi	Director	1 Jul 2011	Other	5991174
Daniel Beneat	Director of research and investments	1 Sep 2011	Other	5990248
Masahiro Hotchi	President	1 May 2012	Other	2111055
Atsushi Osugi	Director	1 May 2012	Other	6062784
Prumiys Dulger	Chief compliance officer	1 May 2012	Other	2984140
Shokichi Utsunomiya	Director	1 Nov 2012	Other	1763412
Tadashi Kitahara	Director	1 Jun 2014	Other	6353011
Chiaki Kawazu	Director	1 Jun 2014	Other	1864551
Yuji Kumahara	Director	1 Jun 2014	Other	6353021
Atsushi Kobayashi	Director	1 Jun 2014	Other	6354204
Masahiro Hotchi	President/chief compliance officer	1 Jun 2014	Other	2111055
Efraim Spagnoletti	Chief compliance officer	1 Aug 2014	Other	4370110
Yoshihiro Sugibayashi	Director	1 Dec 2015	Other	6593079
Yuka Shimada	President	1 Apr 2016	Other	6635212
Yoshinori Okada	Director	1 Nov 2016	Other	6724083
Jun Shiota	President	1 Apr 2017	Other	5052929
Naohiko Nishibayashi	Director	1 Apr 2017	Other	6790328
Tomokazu Nebu	Director	1 Nov 2017	Other	6885969
Nebu Tomokazu	Director	1 Nov 2017	Other	6885969
Atsushi Tahara	Director	1 Apr 2018	Other	1764193
Hiroyuki Chida	Director	1 Apr 2018	Other	6947259

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Daiwa Securities Group Inc.	Share holder	1 Aug 1999	75% - 100%	foreign

Based in New York

The principal office where Daiwa Asset Management (America) Ltd. performs its advisory services is located at 32 Old Slip, 11 Th Floor, New York, NY 10005 3538, 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 212-612-6250 or by fax 212-612-7110. The normal business hours are 9:00am-5:00pm on Monday - Friday.