18 LOS ANGELES BUSINESS JOURNAL MAY 30, 2016 THE LIST ...
18 LOS ANGELES BUSINESS JOURNAL
MAY 30, 2016
THE LIST
MONEY MANAGEMENT FIRMS
Ranked by assets managed in Los Angeles County as of Dec. 31
NEXT WEEK The Largest Minority-Owned Businesses in Los Angeles County
THE PACESETTER: Capital Group Cos. tops the list of the largest money management firms in Los Angeles County, with assets of $1.39 trillion as of Dec. 31. The company operates the American Funds family of mutual funds. Capital is headquartered in downtown Los Angeles and has 28 offices worldwide. It launched a new fixedincome fund, American Funds Strategic Bond Fund, in April.
MILESTONE: L.A.-based Payden & Rygel surpassed $100 billion in assets under management in April.
Stock Tips The percentage of U.S. mutual fund assets by fund type.
18% Money Market
9% Hybrid
21% Bonds
52% Equity
Managing to Rise The number of companies managing mutual funds in the U.S. increased. (in thousands) 9.6
9.2
8.8
8.4
8.0
7.6
'11 '12 '13 '14 '15
Source: Investment Company Institute
Market Rebound
Rank Firm
? name ? address ? website
Assets Managed in L.A. County1
? 2015
? 2014
? equity
Portfolio Mix
? fixed income
? cash ? real equivalent estate
? other
L.A. County Staff
? portfolio
managers
? researchers
Profile
? headquarters ? client contact(s)
Chief Investment Officer
? name
? phone
Capital Group
1
333 S. Hope St. Los Angeles 90071
$1,390.3 78% 15% $1,396.8
7% 0% 0%
52 Los Angeles 57 Walt Best
Timothy D. Armour (213) 486-9200
Western Asset Management Co.
2
385 E. Colorado Blvd. Pasadena 91101
206.8 206.4
0 100
0
0
0
28 Pasadena 21 Goran Hagegard
Kenneth Leech (626) 844-9400
Guggenheim Partners Investment
3
Management 100 Wilshire Blvd.
Santa Monica 90401
198.8
18
73
195.9
0
0
9
N/A New York/Chicago Scott Minerd
N/A N/A
(310) 576-1270
TCW Group Inc.
4
865 S. Figueroa St., Suite 1800 Los Angeles 90017
180.7
10
85
163.4
0
0
5
19 Los Angeles 87 Joseph Carieri
Alex McCulloch
Michael P. Reilly Tad Rivelle (213) 244-0000
Primecap Management Co.
5
225 S. Lake Ave., Suite 400 Pasadena 91101
102.6 100
0
0
0
0
104.0
5 Pasadena
N/A
11 Douglas E. McCrary (626) 304-9222
Payden & Rygel
6
333 S. Grand Ave. Los Angeles 90071
95.3
2
98
0
0
0
83.7
25 Los Angeles
Investment Policy
25 Brian W. Matthews Committee
James P. Sarni
(213) 625-1900
Ares Management
7
2000 Avenue of the Stars, 12th Floor Los Angeles 90067
93.5 N/A N/A N/A N/A N/A 86.0
N/A Los Angeles N/A N/A
Antony Ressler (310) 201-4100
Merrill Lynch
8
350 S. Grand Ave., Suite 2700 Los Angeles 90071
91.9 N/A N/A N/A N/A N/A 95.9
N/A Charlotte, N.C. N/A Dominic Chow
Ashvin Chhabra (800) 937-0620
CBRE Global Investors
9
515 S. Flower St., 31st Floor Los Angeles 90071
89.0
0
0
0 100
0
90.6
N/A Los Angeles N/A Michael
McMenomy
Ritson Ferguson (213) 683-4200
Morgan Stanley
10
444 S. Flower St., 34th Floor Los Angeles 90071
86.3 N/A N/A N/A N/A N/A 74.9
N/A New York N/A N/A
N/A (213) 486-8915
DoubleLine Capital
11
333 S. Grand Ave., 18th Floor Los Angeles 90071
84.8
0
99
0
0
1
63.6
N/A Los Angeles
Jeffrey Gundlach
N/A Gregory Uythoven (213) 633-8200
Oaktree Capital Management
12
333 S. Grand Ave., 28th Floor Los Angeles 90071
75.3
4
44
0
9
43
71.3
N/A Los Angeles N/A Jake Scannell
Bruce Karsh (213) 830-6300
UBS Financial Services Inc.
13
725 S. Figueroa St., Suite 4100 Los Angeles 90017
58.0
45
35
11
0
9
56.6
N/A Zurich & Basel, N/A Switzerland
Ron Meraz
Michael Ryan (213) 253-9417
Causeway Capital Management
14
11111 Santa Monica Blvd., 15th Floor Los Angeles 90025
41.2 100
0
0
0
0
36.3
11 Los Angeles 16 Paul O'Grady
Sarah Ketterer (310) 231-6100
Wells Fargo & Co.
15
707 Wilshire Blvd. Los Angeles 90017
30.2
36
34
26.9
9
4
19
16 San Francisco N/A Joe DeFur
Erik H. Davidson (800) 869-3557
FPA
16
11601 Wilshire Blvd., Suite 1200 Los Angeles 90025
30.1
45
47
33.6
7
0
2
12 Los Angeles 15 Robert Yun
N/A (800) 982-4372
Hotchkis and Wiley Capital Management
17
725 S. Figueroa St., 39th Floor Los Angeles 90017
28.4
89
9
2
0
1
32.2
18 Los Angeles
George Davis
3 Sheldon Lieberman (213) 430-1000
City National Corp.
18
555 S. Flower St. Los Angeles 90071
4,600
27.8
37
37
24
0
2
26.2
N/A Los Angeles N/A Bruce Simon
Bruce Simon (310) 888-6300
Angeles Investment Advisors
4,500
27.0 N/A N/A N/A N/A N/A
N/A Santa Monica
Michael A. Rosen
19
429 Santa Monica Blvd., Suite 650 Santa Monica 90401
4,400
N/A
N/A Sandra Kridel
(310) 393-6300
20 Canyon Partners2
2000 Avenue of th22e0011S01 tars,
4,578
14,415t6h
Floor
Los Angeles 900627012
4,289
2013
canyonpartners.co20m14
4,146
4,068
4,300 4,200 4,100
21.1 N/A N/A N/A N/A N/A 23.7
N/A Los Angeles N/A Ingrid Kiefer
Joshua Friedman Mitchell Julis (310) 272-1000
1 In billions.
and typographical errors sometimes occur. Please send corrections or additions on
2 Includes Canyon Capital Advisors, Canyon4C,0ap0i0tal Realty Advisors and ICE Canyon.
Nth/eAm-sNelovteAs.vaFiilrambsleaNreotrea:nIknefdorbmyaatisosnetfsorutnhdiserlimstapnr'a1og1veidmeed'n1bt2yinreLp.'A1re.3sCeonut'an1tti4yveosffio'c1fe5tsheasfiormf s
Dec. 31, 2015. To the best of our knowledge, this information is accurate as of press time.
company letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ?2016 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100.
While every effort is made to ensure the accuracy and thoroughness of the list, omissions
Researched by David Nusbaum and Tyler St. Bernard
Shaking Out
MAY 30, 2016
THE LIST
LOS ANGELES BUSINESS JOURNAL 19
MONEY MANAGEMENT FIRMS
DISCUSSION: Colony Capital, NorthStar Asset Management Group Inc., and NorthStar Realty Finance Corp. said this month that they have begun negotiations on an all-party stock merger.
Target Funds
$800 700
S60T0RATEGIES: Kayne Anderson Rudnick I5n0v0estment Management added multiple institutional a4n00d separately managed a3c0c0ount portfolio strategies last y'1e1ar. It'1a2dde'd13a glo'1b4al '15 small-cap strategy fund this year and will launch its first long-short portfolio later in the year.
Index on the Rise
22% 20 18 16 14 12
'11 '12 '13 '14 '15
Fund of Funds Net assets of mutual funds that invest in other funds have
Finucrenasded ion pfopFuluarinty.d(instrillions)
$2.1 1.7 1.3 0.9 0.5 0.1
'11 '12 '13 '14 '15
Source: Investment Company Institute
Bounce Back
$16
Rank Firm
? name ? address ? website
Assets Managed in L.A. County1
? 2015
? 2014
? equity
Portfolio Mix
? fixed income
? cash ? real equivalent estate
? other
L.A. County Staff
? portfolio
managers
? researchers
Profile
? headquarters ? client contact(s)
Chief Investment Officer
? name
? phone
First Quadrant
21
800 E. Colorado Blvd., Suite 900 Pasadena 91101
$20.3 23% 0% 0% 0% 77% $23.1
N/A Pasadena N/A Jim Tufts
Max Darnell (626) 795-8220
Kayne Anderson Capital Advisors
22
1800 Avenue of the Stars, Third Floor Los Angeles 90067
20.2 N/A N/A N/A N/A N/A 27.3
N/A Los Angeles N/A N/A
Bob Sinnott (800) 638-1496
Colony Capital
23
515 S. Flower St., 44th Floor Los Angeles 90071
19.0
0
0
0 100
0
19.0
N/A Santa Monica
Kevin Traenkle
N/A Rommel Marseille (310) 282-8820
Los Angeles Capital Management and
24
Equity Research 11150 Santa Monica Blvd., Suite 200
Los Angeles 90025
18.9 100
0
0
0
0
18.8
6 Los Angeles
Hal W. Reynolds
13 Thomas D. Stevens (310) 479-9998
Crescent Capital Group
25
11100 Santa Monica Blvd., Suite 2000 Los Angeles 90025
18.5
0 100
0
0
0
17.0
N/A Los Angeles N/A Joseph T. Viola
Committee (310) 235-5900
Cetera Advisors Network2
26
200 N. Sepulveda Blvd., Suite 1300 El Segundo 90245
16.8 N/A N/A N/A N/A N/A 19.0
N/A El Segundo N/A N/A
Douglas King (800) 879-8100
Analytic Investors
27
555 W. Fifth St., 50th Floor Los Angeles 90013
12.9
91
0
0
0
9
11.7
N/A Los Angeles N/A George Matthews
Dennis Bein Gregory McMurran (213) 688-3015
Wilshire Associates Inc.
28
1299 Ocean Ave., Suite 700 Santa Monica 90401
12.4 N/A N/A N/A N/A N/A 12.2
N/A Santa Monica N/A N/A
N/A (310) 451-3051
Post Advisory Group
29
1620 26th St., Suite 6500 Santa Monica 90404
11.1
0 100
0
0
0
9.5
5 Santa Monica 11 Hugh Costello
Henry Chyung (310) 996-9600
Pacific Income Advisers2
30
1299 Ocean Ave., Second Floor Santa Monica 90401
10.2
0 100
0
0
0
10.5
8 Santa Monica 5 Austin Rutledge
Lloyd McAdams (310) 393-1424
NWQ Investment Management Co.
31
2049 Century Park East, 16th Floor Los Angeles 90067
9.8
79
21
0
0
0
12.1
N/A Los Angeles N/A George Webb
Jon D. Bosse (310) 712-4000
Kayne Anderson Rudnick Investment
32
Management 1800 Avenue of the Stars, Second Floor
Los Angeles 90067
9.6
87
13
0
0
0
9.4
9 Los Angeles 6 Stephen Rigali
Douglas S. Foreman (800) 231-7414
Beach Point Capital Management
33
1620 26th St., Suite 6000N Santa Monica 90404
9.5
7
80
13
0
0
8.3
N/A Santa Monica N/A John Quintanar
Carl Goldsmith Scott Klein (310) 996-9700
Aristotle Capital Management
34
11100 Santa Monica Blvd., Suite 1700 Los Angeles 90025
9.3
97
0
3
0
0
8.8
5 Los Angeles
Howard Gleicher
12 Ranjit Sufi
Gary Lisenbee
Patrick Schussman (310) 478-4005
Advanced Research Investment Solutions
35
9150 Wilshire Blvd., Suite 220 Beverly Hills 90212
9.1
30
30
1
4
35
8.4
2 Beverly Hills 5 Damien Bisserier
Alex Shahidi (424) 283-3800
First Republic Investment Management
36
1888 Century Park East Los Angeles 90067
9.0
52
32
8
0
8
7.3
26 San Francisco 11 George Buza
N/A (888) 201-3726
Santa Barbara Asset Management
37
2049 Century Park East, 17th Floor Los Angeles 90067
7.7
95
0
5
0
0
7.5
1 Los Angeles 6 Emily Fox
James M. Boothe (310) 552-5100
American Realty Advisors
38
801 N. Brand Blvd., Suite 800 Glendale 91203
7.4
0
0
0 100
0
6.8
8 Glendale 1 Jay Butterfield
Kirk Helgeson (818) 545-1152
BNY Mellon Wealth Management
39
10250 Constellation Blvd., Suite 2100 Los Angeles 90067
6.8 N/A N/A N/A N/A N/A 5.6
N/A New York N/A David Emmes
Leo P. Grohowski (310) 551-7600
Northern Trust
40
2049 Century Park East, Suite 3600 Los Angeles 90067
6.8
49
41
2
4
4
7.6
16 Chicago
Richard K. Barnett
1 Michele L. Havens (800) 257-0901
1 In billions. 2 Financial information from SEC filings. N/A - Not Available Note: Information for this list provided by representatives of the firms themselves. Firms are ranked by assets under management in L.A. County offices as of Dec. 31, 2015. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions
and typographical errors sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ?2016 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100.
Researched by David Nusbaum and Tyler St. Bernard
Continued on page 20
4,600
4,500
20 LOS ANGELES BUSINESS JOURNAL
THE LIST
MAY 30, 2016
MONEY MANAGEMENT FIRMS Continued from page 19
Target Funds
$800 700 600 500 400 300
'11 '12 '13 '14 '15
InOinFdvFeIseCtmEx:eMnout lmtnifaanmtaighlyereWhRittiiesre
2T2r%ust Co. opened an office in Orange County this year.
20 18 16 14 12
'11 '12 '13 '14 '15
Fund of Funds
$2.1 1.7 1.3 0.9 0.5 0.1
'11 '12 '13 '14 '15
Bounce Back Net assets of U.S. mutual funds
Bdoeculinnedclaest Back year. (in trillions)
$16
15
14
13
12
11
'11 '12 '13 '14 '15
Fallow Funds
MaFrekweetr ARmeebricoaun hnoduseholds are
invested in mutual funds than are not.
56% Did not own
44% Owned
Source: Investment Company Institute
4,600
Rank Firm
? name ? address ? website
Assets Managed in L.A. County1
? 2015
? 2014
? equity
Portfolio Mix
? fixed income
? cash ? real equivalent estate
? other
L.A. County Staff
? portfolio
managers
? researchers
Profile
? headquarters ? client contact(s)
Chief Investment Officer
? name
? phone
Everett Harris & Co.
41
888 W. Sixth St.,10th Floor Los Angeles 90017
$6.8 60% 35% $6.7
5% 0% 0%
N/A Los Angeles N/A Anny Choe
Jim Ward (213) 625-2677
Lowe Enterprises
42
11777 San Vicente Blvd., Suite 900 Los Angeles 90049
6.5
0
0
0 100
0
6.3
N/A Los Angeles N/A Mike Lowe
Bleecker Seaman Brad Howe (310) 820-6661
Bel Air Investment Advisors
43
1999 Avenue of the Stars, Suite 3200 Los Angeles 90067
belair-
6.1
40
41
17
0
2
6.5
2 Los Angeles 4 Todd M. Morgan
N/A (310) 229-1500
Fiduciary Trust International
44
444 S. Flower St., Suite 3200 Los Angeles 90071
5.6
66
11
6.4
7
1 15
4 Los Angeles 2 Stephen J. Dutka
Ronald Sanchez (800) 421-9683
Coast Asset Management
45
11150 Santa Monica Blvd., Suite 1400 Los Angeles 90025
5.6 N/A N/A N/A N/A N/A 4.2
N/A Los Angeles
Dave E. Smith
N/A Andrew Lam Chan (310) 576-3500
Whittier Trust Co.
46
1600 Huntington Drive South Pasadena 91030
5.2
62
15
7.8
3 10 10
6 South Pasadena 15 Tim K. McCarthy
Sandip A. Bhagat (626) 441 5111
Empyrean Capital Partners2
47
10250 Constellation Blvd., Suite 2950 Los Angeles 90067
5.1 N/A N/A N/A N/A N/A 5.8
N/A Los Angeles N/A N/A
Amos Meron (310) 843-3000
D.A. Davidson & Co.
48
624 S. Grand Ave., 26th Floor Los Angeles 90017
indv
5.1
65
20
10
0
5
5.5
N/A Los Angeles N/A N/A
N/A (213) 620-1850
Flaherty & Crumrine Inc.
49
301 E. Colorado Blvd., Suite 720 Pasadena 91101
flaherty-
5.0
0 100
0
0
0
5.0
N/A Pasadena N/A Chad Conwell
Committee (626) 795-7300
Bay Mutual Financial2
50
2425 Olympic Blvd., Suite 140E Santa Monica 90404
4.9 N/A N/A N/A N/A N/A 4.9
N/A Santa Monica N/A N/A
Martin W. "Bud" Pernoll (310) 586-3222
Camden Asset Management
51
2029 Century Park East, Suite 2010 Los Angeles 90067
4.4 N/A N/A N/A N/A N/A 4.2
4 Los Angeles N/A Barbara Detwiler
John Wagner (310) 203-4200
Bradford & Marzec
52
333 S. Hope St., Suite 4050 Los Angeles 90071
4.3
0 100
0
0
0
4.5
N/A Los Angeles N/A Zee Marzec
N/A (213) 687-9170
Mesa West Capital
53
11755 Wilshire Blvd., Suite 2100 Los Angeles 90025
4.1
0
0
0 100
0
3.3
N/A Los Angeles N/A Ryan Krauch
N/A (310) 806-6317
Halbert Hargrove
54
111 Ocean Blvd., 23rd Floor Long Beach 90802
4,600
3.8
45
25
4.1
1
6 23
N/A Long Beach N/A Russ Hill
Russ Hill (562) 435-5657
Churchill Management Group
55
5900 Wilshire Blvd., Suite 400 Los Angeles 90036
4,500 4,400
3.7
40
9
51
0
0
3.4
6 Los Angeles 2 Ted L. Fern
Fred A. Fern (877) 937-7110
RNC Genter Capital Management
56 11601 Wilshire Blv20d1.0, 25th4F,5l7o8or
Los Angeles 9002225001112
4,456 4,289
2013 2014
4,146
Ivory Investment Managem4,0e6n8 t
57
11755 Wilshire Blvd., Suite 1350 Los Angeles 90025
4,300 4,200
3.7
32
49
4.5
2
0 17
4,100
3.5 N/A N/A N/A N/A N/A
4,000
2.6
'11 '12 '13 '14 '15
10 Los Angeles 9 Cameron Lavey
Brian Elliott
N/A Los Angeles N/A Craig Pollak
Daniel J. Genter (800) 877-7624
Curtis Macnguyen (310) 899-7300
U.S. Bank
58
633 W. Fifth St. Los Angeles 90071
3.5
48
36
Shaking Out 2.5
5
9
3
4 Minneapolis 1 Stephen Sherline
Tim Leach (213) 615-6566
Tradewinds Global Investors
59
2049 Century Park East, 20th Floor Los Angeles 90067
3.4 100
0
0
0
0
4.6
9 Los Angeles 6 Michael Mullane
Emily Alejos Andrew Thelen (310) 552-8900
Capital Research + Consulting2
60
15 S. Raymond Ave., Suite 200 Pasadena 91105
3.3 N/A N/A N/A N/A N/A 3.3
N/A Pasadena N/A Michael Haney
Steven Arnold (626) 844-1440
1 In billions. 2 Financial information from SEC filings. N/A - Not Available Note: Information for this list provided by representatives of the firms themselves. Firms are ranked by assets under management in L.A. County offices as of Dec. 31, 2015. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions
and typographical errors sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ?2016 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100.
Researched by David Nusbaum and Tyler St. Bernard
MAY 30, 2016
THE LIST
LOS ANGELES BUSINESS JOURNAL 21
MONEY MANAGEMENT FIRMS
SALE: Banc of California sold subsidiary Palisades Group in April to an entity owned by Stephen Kirch and Jack Macdowell, who serve as Palisades' chief executive and chief investment officer, respectively. The Irvine bank purchased Palisades in 2013.
EMPLOYEE: Clifford Swan Investment Counselors became completely employee-owned at the end of last year.
Target Funds
$800 700 600 500 400 300
'11 '12 '13 '14 '15
Index on the Rise Index funds have increased
Itanhsesdiertpes.exrceontangetohf meutuRalifsuned
22% 20 18 16 14 12
'11 '12 '13 '14 '15
Source: Investment Company Institute
Rank Firm
? name ? address ? website
Assets Managed in L.A. County1
? 2015
? 2014
? equity
Portfolio Mix
? fixed income
? cash ? real equivalent estate
? other
L.A. County Staff
? portfolio
managers
? researchers
Profile
? headquarters ? client contact(s)
Chief Investment Officer
? name
? phone
Dalton Investments
61
1601 Cloverfield Blvd., Suite 5050 N Santa Monica 90404
$3.3 95% 5% 0% 0% 0% $3.2
4 Los Angeles 7 Belita Ong
Arthur Hebert Adam Woodward
James Rosenwald III (424) 231-9100
LourdMurray
62
9777 Wilshire Blvd., Suite 1018 Beverly Hills 90212
3.1
65
23
3.3
4
6
2
2 Beverly Hills
Blaine Lourd
2 Jonathan Sumilang Palmer Murray
(310) 300-9898
Huber Capital Management
63
2321 Rosecrans Ave., Suite 3245 El Segundo 90245
3.0
97
0
3
0
0
3.5
5 El Segundo 2 Cindy Emanuel
Joseph R. Huber (310) 207-8400
Palisades Group
64
11755 Wilshire Blvd., Suite 1700 Los Angeles 90025
palisades.
3.0 N/A N/A N/A N/A N/A 2.8
N/A Los Angeles N/A Stephen Kirch
Jack Macdowell (424) 280-7560
Main Street Advisors2
65
3110 Main St., Suite 310 Santa Monica 90405
N/A
2.7 N/A N/A N/A N/A N/A 2.9
N/A Santa Monica N/A Paul Wachter
N/A (310) 392-7607
Focused Investors2
66
9777 Wilshire Blvd., Suite 910 Beverly Hills 90212
2.7 N/A N/A N/A N/A N/A 2.9
N/A Beverly Hills N/A N/A
Bruce Veaco (310) 734-1200
Signature Estate & Investment Advisors
67
2121 Avenue of the Stars, Suite 1600 Los Angeles 90067
2.6
60
26
2.1
5
0
9
10 Los Angeles 7 N/A
Deron McCoy (310) 712-2323
Mar Vista Investment Partners
68
11150 Santa Monica Blvd., Suite 320 Los Angeles 90025
2.4
91
0
9
0
0
2.3
4 Los Angeles 2 Silas Myers
N/A (310) 917-2800
Clifford Swan Investment Counselors
69
177 E. Colorado Blvd., Suite 550 Pasadena 91105
2.4
66
25
2.5
8
0
1
15 Pasadena
Peter Boyle
9 Linda Davis Taylor (626) 792-2228
Westmount Asset Management
70
2049 Century Park East, Suite 2500 Los Angeles 90067
2.3
50
25
2.0
0
0
25
11 Los Angeles 2 Mike Amash
Jim Berliner (310) 556-2502
Lombardia Capital Partners2
71
55 S. Lake Ave., Suite 750 Pasadena 91101
2.1 N/A N/A N/A N/A N/A 3.7
7 Pasadena 3 Vincent Williams
Alvin Marley (626) 568-2792
Covington Capital Management
72
601 S. Figueroa St., Suite 2000 Los Angeles 90017
2.1
55
40
2.0
5
0
0
10 Los Angeles
Gary Arakawa
N/A Jeffrey Glassman (213) 629-7500
EP Wealth Advisors
73
21515 Hawthorne Blvd., Suite 1200 Torrance 90503
2.0 N/A N/A N/A N/A N/A 1.8
N/A Torrance N/A N/A
Kevin Ashworth (310) 543-4559
CS Capital Management Inc.
74
222 N. Sepulveda Blvd., Suite 2000 El Segundo 90245
1.8
0
0
0 100
0
1.3
3 El Segundo 2 N/A
Michael McHargue (310) 988-7300
AMI Asset Management Corp.
75
10866 Wilshire Blvd., Suite 770 Los Angeles 90024
1.8
82
16
1.5
2
0
0
3 Los Angeles 7 Matt Humiston
Chris Sessing (424) 320-4000
Glendon Capital Management
76
1620 26th St., Suite 2000N Santa Monica 90404
N/A
1.7 N/A N/A N/A N/A N/A 1.7
N/A Santa Monica N/A N/A
Matthew Barrett (310) 907-0450
CitizensTrust Wealth Management and
77
Investment Services 701 N. Haven Ave.
Ontario 91764
investing
1.7
42
44
1.6
9
6
0
3 Ontario 3 Dan Banis
Don Evenson (888) 734-4222
Morton Capital Management
78
27200 Agoura Road, Suite 200 Calabasas 91301
1.5
25
23
1.4
7
9
36
9 Calabasas 1 Eric Selter
Sasan Faiz Lon Morton (818) 222-4727
Sierra Investment Management Inc.
79
3420 Ocean Park Blvd., Suite 3060 Santa Monica 90405
1.5
1
99
0
0
0
1.7
2 Santa Monica 2 Joy Bunzel
Terri Spath (310) 452-1887
Camden Capital
80
2301 Rosecrans Ave., Suite 2110 El Segundo 90245
1.5
42
31
1.5
4
5
18
3 El Segundo
John M. Krambeer
3 John M. Krambeer (310) 725-0210
1 In billions. 2 Financial information from SEC filings. N/A - Not Available Note: Information for this list provided by representatives of the firms themselves. Firms are ranked by assets under management in L.A. County offices as of Dec. 31, 2015. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions
and typographical errors sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ?2016 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100.
Researched by David Nusbaum and Tyler St. Bernard
Continued on page 22
22 LOS ANGELES BUSINESS JOURNAL
THE LIST
MAY 30, 2016
MONEY MANAGEMENT FIRMS Continued from page 21
ACQUISITION: Rothschild Merchant Banking acquired L.A.-based West Gate Horizons Advisors in September. West Gate Horizons was a $1.5 billion private debt lender. With the acquisition, Rothschild now manages $3.3 billion in private debt.
Target Funds Net assets of target date
Tmautrugal feuntdsF. (uinnbildlionss)
$800 700 600 500 400 300
'11 '12 '13 '14 '15
Source: Investment Company Institute
Rank
Firm
? name ? address ? website
Assets Managed in L.A. County1
? 2015
? 2014
? equity
Portfolio Mix
? fixed income
? cash ? real equivalent estate
? other
L.A. County Staff
? portfolio
managers
? researchers
Profile
? headquarters ? client contact(s)
Chief Investment Officer
? name
? phone
Summa Group of Oppenheimer & Co.
81
10880 Wilshire Blvd., 23rd Floor Los Angeles 90024
summagroup
$1.52 N/A N/A N/A N/A N/A N/A
N/A Los Angeles N/A Robert Dalie
Brian Werdesheim Jeffrey Werdesheim (310) 446-7501
Abacus Wealth Partners3
82
429 Santa Monica Blvd., Suite 500 Santa Monica 90401
1.4 N/A N/A N/A N/A N/A 1.4
N/A Santa Monica N/A Brent Kessel
Darius Gagne (888) 422-2287
Granite Investment Partners
83
2121 Rosecrans Ave., Suite 2360 El Segundo 90245
granitepartners-
1.4 100
0
0
0
0
1.2
8 El Segundo 3 Brad G. Slocum
Douglas J Morse
N/A (310) 933-3199
Rothschild Credit Management (North
884
America)4 633 W. Fifth St., Suite 6600
Los Angeles 90071
1.4
0 100
0
0
0
1.5
1 Los Angeles
Michael D. Hatley
6 Michael D. Hatley (213) 621-3700
Lido Advisors
85
9100 Wilshire Blvd., Suite 350 West Tower Beverly Hills 90212
1.3
51
14
15
14
6
1.1
N/A Beverly Hills N/A Greg Kushner
Jason Ozur (310) 278-8232
First Western Capital Management3
86
1900 Avenue of the Stars, Suite 900 Los Angeles 90067
1.3
21
79
1.4
0
0
0
7 Los Angeles
Kenneth Malamed
3 Kenneth Malamed (310) 229-2940
Poplar Forest Capital
87
70 S. Lake Ave., Suite 930 Pasadena 91101
1.3
96
0
4
0
0
1.4
3 Pasadena 5 Chris Morphy
Dale Harvey (626) 304-6000
Patterson Capital Corp.3
88
11100 Santa Monica Blvd., Suite 1950 Los Angeles 90025
1.3
0 100
0
0
0
1.6
2 Los Angeles 2 N/A
Joseph Patterson (310) 556-2496
SSI Investment Management
89
9440 Santa Monica Blvd., Eighth Floor Beverly Hills 90210
ssi-
1.3
38
47
1.6
0
0 15
N/A Los Angeles N/A James Kowal
Walid Shinnawi
George Douglas (310) 595-2000
BLX Group3
90
777 S. Figueroa St., Suite 800 Los Angeles 90017
1.2 N/A N/A N/A N/A N/A 1.0
N/A Los Angeles N/A N/A
Craig Underwood (213) 612-2200
Gamble Jones Investment Counsel
91
301 E. Colorado Blvd., Suite 802 Pasadena 91101
1.2
75
20
1.2
5
0
0
N/A Pasadena N/A Tim Garrity
Robert Souza (626) 795-7583
Penniall & Associates Inc.
92
123 S. Marengo Ave., Suite 200 Pasadena 91101
1.2
25
45
0.8
5
5 10
2 Pasadena
Anne P. Averill
3 David R. Penniall (626) 795-3062
Cliffwater
93
4640 Admiralty Way, 11th Floor Marina del Rey 90292
1.1 N/A N/A N/A N/A N/A 1.3
N/A Marina del Rey N/A N/A
Stephen L. Nesbitt (310) 448-5000
Howard Capital Management
94
11601 Wilshire Blvd., Suite 2080 Los Angeles 90025
1.1
50
50
1.0
0
0
0
N/A Los Angeles N/A Jason Kaplan
David Robinson (310) 473-9100
Cove Street Capital
95
2101 E. El Segundo Blvd., Suite 302 El Segundo 90245
0.9 100
0
0
0
0
1.0
1 El Segundo 4 Paul Hinkle
Jeff Bronchick (424) 221-5897
One Capital Management
96
2945 Townsgate Road, Suite 300 Westlake Village 91361
0.9
58
36
0.8
3
4 N/A
6 Westlake Village 6 Patrick Bowen
Steven Cowley (805) 409-8150
Wescap Group
97
330 N. Brand Blvd., Suite 1150 Glendale 91203
0.9
55
41
0.9
0
1
3
N/A Burbank N/A Rick Weinlein
Joel Edstrom (818) 563-5170
North Pier Fiduciary Management
98
3415 S. Sepulveda Blvd., Suite 1100 Los Angeles 90034
0.9
65
25
0.8
8
1
1
3 Los Angeles 3 Corey Thompson
Jim Scheinberg
James I. Scheinberg (800) 403-7065
Chelsea Management Co.
99
444 S. Flower St., Suite 2350 Los Angeles 90071
0.8
43
53
0.9
4
0
0
N/A Los Angeles N/A Sally Gallagher
Tom Techentin
Frederick J. Ruopp (213) 362-9200
Joel R. Mogy Investment Counsel Inc.3
100
315 S. Beverly Drive, Suite 400 Beverly Hills 90212
0.8 N/A N/A N/A N/A N/A 0.8
N/A Beverly Hills N/A N/A
Joel Mogy (310) 552-0529
1 In billions. 2 Business Journal estimate. 3 Financial information from SEC filings. 4 Formerly West Gate Horizons Advisors. N/A - Not Available Note: Information for this list provided by representatives of the firms themselves. Firms are ranked by assets under management in L.A. County offices as of Dec. 31, 2015. To the best of our knowledge, this information is accurate as of press time.
While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ?2016 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100.
Researched by David Nusbaum and Tyler St. Bernard
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