First American Bank
First American Bank is a privately held, full-service bank headquartered in Chicago, Illinois, serving individuals, families, and businesses primarily in Illinois, Wisconsin, and Florida. The bank, established in 1974, has grown to over 60 locations and offers a comprehensive suite of personal and commercial banking services, including wealth management, retirement plan services, and customized investment solutions. The bank caters to consumers, business clients, and plan administrators, providing community-focused relationship banking with the resources of a larger institution.
Investment Strategy
First American Bank's investment strategy centers on creating custom line-ups of investment options tailored to meet the risk preferences and goals of their clients. As both investment manager and advisor, it offers diversified portfolios including target-risk model portfolios, collective investment trusts, and various retirement plans. The bank uses stringent criteria to select, monitor, and analyze investment fund options, with an emphasis on performance, cost-effectiveness, and risk diversification. Their approach spans traditional and self-directed brokerage services, focusing on meeting fiduciary responsibilities and maximizing retirement and wealth management outcomes.
Top Holdings
Equity Positions (176)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC. | 10.40% | $165.5M | 650,123 | $77.03 | $254.63 | +$32.0M |
A AVGO | BROADCOM INC | 6.85% | $109.0M | 330,455 | $34.61 | $329.91 | +$14.3M |
M MSFT | MICROSOFT CORP COM | 6.52% | $103.8M | 200,474 | $179.26 | $517.95 | +$4.7M |
N NVDA | NVIDIA CORPORATION | 4.39% | $69.8M | 374,368 | $32.37 | $186.58 | +$10.6M |
G GOOGL | ALPHABET INC | 4.34% | $69.0M | 283,883 | $77.86 | $243.10 | +$19.5M |