Nikko Asset Management Americas, Inc. (New York)

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. 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 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

Indirect Owners

The SEC currently registers 15 indirect owners.

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/.

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