First Citizens Asset Management, Inc

First Citizens Asset Management, Inc. (FCAM) provides investment advisory and sub‑advisory services to individuals (including high‑net‑worth clients), trusts, estates, corporations and similar entities, as well as municipalities and other institutional clients. FCAM acts as a sub‑adviser to affiliated firms First Citizens Investor Services, Inc. (FCIS) and SVB Wealth LLC (SVBW) and, as of December 31, 2025, managed approximately $465 million in client assets.

The firm constructs and manages global multi‑asset model portfolios across three implementation frameworks — Funds, ETFs, and Income‑Oriented strategies — using dynamic asset allocation, manager research, and a combination of fundamental, quantitative and technical analysis. Portfolios are managed primarily on a discretionary basis, are reviewed at least quarterly by FCAM and its board, and the firm also offers SMA and UMA programs that can incorporate third‑party managers.

Distinctive features include FCAM’s ownership structure as a wholly owned non‑bank subsidiary of First‑Citizens Bank and its affiliation with an in‑house broker‑dealer, FCIS; certain investment adviser representatives are dually registered as FCIS registered representatives and may effect transactions or sell insurance products in that capacity. The brochure discloses an SEC order in 2019 related to mutual fund share‑class selection and notes that FCAM now credits 12b‑1 fees back to advisory accounts, items that bear on the firm’s use of affiliated brokerage and potential conflicts of interest.