First Citizens Asset Management, Inc.
First Citizens Asset Management, Inc. (FCAM) is an SEC-registered investment adviser headquartered in Raleigh, North Carolina. Founded in 2006, FCAM is a wholly owned subsidiary of First-Citizens Bank & Trust Company and ultimately First Citizens BancShares, Inc. FCAM provides investment advisory and sub-advisory services to individuals, corporations, government entities, charitable organizations, and affiliated entities. As of 2025, the firm has 53 employees and manages over 400 discretionary accounts, primarily serving U.S. persons and institutional and retail clients.
Investment Strategy
FCAM delivers both discretionary and non-discretionary investment advisory services tailored to the specific needs of clients. They manage portfolios by taking into account a client's investment objectives, financial situation, risk tolerance, and time horizon. Their service suite includes sub-advisory for affiliated entities and direct management for retail and institutional clients, using a consultative approach to develop investment guidelines and asset allocations. FCAM emphasizes risk management, suitability, and client-focused solutions, offering programs designed to align strategies with unique client goals and objectives, consistent with regulatory standards.
Top Holdings
Equity Positions (21)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IWY | ISHARES TR | 26.43% | $67.8M | 275,157 | $143.91 | $246.51 | +$5.1M |
A AGG | ISHARES TR | 22.64% | $58.1M | 585,707 | $98.47 | $99.20 | -$6.9M |
I IWX | ISHARES TR | 15.28% | $39.2M | 465,765 | $66.97 | $84.19 | -$787.9K |
I IEFA | ISHARES TR | 7.73% | $19.8M | 237,490 | $68.84 | $83.48 | +$1.4M |
I IWS | ISHARES TR | 7.22% | $18.5M | 140,151 | $114.39 | $132.14 | +$2.0M |