DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
First Citizens Institutional Asset Management, LLC
Legal name First Citizens Institutional Asset Management LLC
Latest filing Mar 30, 2026
First filing on the tape Nov 9, 2016 · 23 filings
SEC status approved since Mar 20, 2017
RAUM
$829M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
25
25 advisory (5.B.1)
Offices
12
beyond the principal office
Private funds
2
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$829M as of Mar 30, 2026
Mar 30, 2018$237M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 30, 20181 then
Employees (5.A)25 as of Mar 30, 2026
Mar 30, 20189 then
Private funds2 as of Mar 30, 2026
Mar 30, 20181 then
RAUM +1.7% over the last fiscal year+1.6% a year over threeIARs 1 to 0offices 3 to 12
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
- Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $415MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived13 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- -100%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
- Ownership
- a bank, bancorp or trust company is a 50 percent or greater ownerderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$829M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 2reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Cit Northbridge Credit LLC | Hedge Fund | $911M | 2 | Jul 18, 2017 |
| Cit Clo I Ltd.no longer reported | Securitized Asset Fund | $240,000 | 3 | Feb 14, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Tanika Cherie Harris · Chief Compliance Officercontrolsince 12/2018 · owns less than 5%
- James Hudak · Presidentcontrolsince 01/2024 · owns less than 5%
- Adrian Mark Carlson · Senior Vice President & Treasury Controllersince 11/2011 · owns less than 5%
- Nmn Harvey Doppelt · Managing Directorsince 06/2014 · owns less than 5%
- Wai-Hung Eric Fong · Directorsince 05/2015 · owns less than 5%
- Thomas Neal Legan · Managing Directorsince 06/2017 · owns less than 5%
- Nmn Kathleen Nassaney · Directorsince 08/2009 · owns less than 5%
- Nmn Barrie Saltzman · Vice Presidentsince 01/2017 · owns less than 5%
- Martha Kathleen Sawka · Vice President Corporate Treasurysince 11/2011 · owns less than 5%
- Lawrence Peter Skavla · Managing Directorsince 06/2017 · owns less than 5%
- Lise Andrea Voulgaropoulos · Directorsince 11/2018 · owns less than 5%
Entity owners
- Cit Loan Corporation · Memberdirect · owns 75% or more
- First Citizens Bancshares, Inc. · Shareholderindirect · owns 75% or more of First Citizens Bank & Trust Company · public reporting company
- First Citizens Bank & Trust Company · Shareholderindirect · owns 75% or more of Cit Loan Corporation
Related persons
Schedule D 7.A
- First Citizens Asset Management, Incinvestment advisernRAUM $465M
- First Citizens Bank & Trust Companyy
- First Citizens Capital Securities, LLCbroker-dealern
- First Citizens Investor Services, Inc.broker-dealerinvestment adviserreal estatenRAUM $2.6B
- Neuse Title Servicesreal estaten
- Svb Asset Managementinvestment advisernRAUM $32B
- Svb Wealthinvestment advisernRAUM $3.1B
Advisers that list First Citizens Institutional Asset Management, LLC as a related person
Offices
Schedule D 1.F, the 25 largest
- Chicago, IL1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Mar 30, 2026discretionary share of RAUM of 0% against a peer median of 100% (784 comparable advisers, 0.0th percentile, 33.7 robust deviations)peers: asset managers, $500M to $1B (784) · 0.0% percentile
- office count surgeChange between filings · filing Mar 30, 2026offices other than the principal office (Item 1.F.5) moved from 3.0 to 12.0 (+300.0%) between the annual amendments of 2025-03-28 and 2026-03-30; the peer median change was 0.0% (40 comparable advisers, 100.0th percentile of changes)peers: asset managers, $500M to $1B (40) · 100% percentile
What changed
consecutive filings, newest first
- Advisory employees · 16 to 25Nov 25, 2025 to Mar 30, 2026
- BD registered reps · 3 to 1Nov 25, 2025 to Mar 30, 2026
- Employees · 28 to 25Nov 25, 2025 to Mar 30, 2026
- State-registered IARs · 1 to 0Nov 25, 2025 to Mar 30, 2026
- Other offices · 3 to 12Nov 25, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $815M to $829MNov 25, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $815M to $829MNov 25, 2025 to Mar 30, 2026
- RAUM · $815M to $829MNov 25, 2025 to Mar 30, 2026
- Financial planning clients · 0 to 0Jun 6, 2025 to Nov 25, 2025
- Private funds · 1 to 2Mar 28, 2025 to Jun 6, 2025
- Accounts · 1 to 2Mar 29, 2024 to Mar 28, 2025
- Advisory employees · 14 to 16Mar 29, 2024 to Mar 28, 2025
- BD registered reps · 1 to 3Mar 29, 2024 to Mar 28, 2025
- Business name · CIT ASSET MANAGEMENT LLC to FIRST CITIZENS INSTITUTIONAL ASSET MANAGEMENT, LLCMar 29, 2024 to Mar 28, 2025
- Pooled vehicle clients · 1 to 2Mar 29, 2024 to Mar 28, 2025
- Assets in custody · 1201234.0 to unsetMar 29, 2024 to Mar 28, 2025
- Employees · 21 to 28Mar 29, 2024 to Mar 28, 2025
- Other offices · 1 to 3Mar 29, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $911M to $815MMar 29, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $911M to $815MMar 29, 2024 to Mar 28, 2025
- RAUM · $911M to $815MMar 29, 2024 to Mar 28, 2025
- BD registered reps · 2 to 1Sep 12, 2023 to Mar 29, 2024
- Assets in custody · $926,000 to $1.2MSep 12, 2023 to Mar 29, 2024
- Employees · 22 to 21Sep 12, 2023 to Mar 29, 2024
- Legal name · CIT ASSET MANAGEMENT LLC to FIRST CITIZENS INSTITUTIONAL ASSET MANAGEMENT LLCSep 12, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $881M to $911MSep 12, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $881M to $911MSep 12, 2023 to Mar 29, 2024
- RAUM · $881M to $911MSep 12, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $791M to $881MJul 25, 2023 to Sep 12, 2023
- Pooled vehicle RAUM · $791M to $881MJul 25, 2023 to Sep 12, 2023
- RAUM · $791M to $881MJul 25, 2023 to Sep 12, 2023
- Accounts · 2 to 1Apr 1, 2022 to Mar 31, 2023
- Assets in custody · $2.8M to $926,000Apr 1, 2022 to Mar 31, 2023
- Custody of client assets · true to falseApr 1, 2022 to Mar 31, 2023
- Non-discretionary RAUM · $472M to $791MApr 1, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $428M to $791MApr 1, 2022 to Mar 31, 2023
- RAUM · $472M to $791MApr 1, 2022 to Mar 31, 2023
- Advisory employees · 11 to 14Feb 1, 2022 to Apr 1, 2022
- Assets in custody · $2.8M to $2.8MFeb 1, 2022 to Apr 1, 2022
- Employees · 16 to 22Feb 1, 2022 to Apr 1, 2022
Signals
12 dated events
- First Citizens Institutional Asset Management, Llc reported 12 offices beyond its principal office, up from 3 (2025-11-25 to 2026-03-30)Mar 30, 2026 · Office count change · derived
- Curtice Philip Robbins (President Manager) no longer on Schedule A of First Citizens Institutional Asset Management, Llc (listed 2023-09-12, absent 2024-03-29)Mar 29, 2024 · Control person left · inference
- James Hudak (President) appeared on Schedule A of First Citizens Institutional Asset Management, LlcMar 29, 2024 · Control person joined · fact
- First Citizens Institutional Asset Management, Llc reported RAUM $790.8M, up 68% from $471.7M (2022-04-01 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- Louise Fakadej Sarah Mcavoy (Executive Vice President/Officer) no longer on Schedule A of First Citizens Institutional Asset Management, Llc (listed 2021-11-05, absent 2022-02-01)Feb 1, 2022 · Control person left · inference
- Curtice Philip Robbins (President) appeared on Schedule A of First Citizens Institutional Asset Management, LlcMar 31, 2020 · Control person joined · fact
- First Citizens Institutional Asset Management, Llc reported RAUM $374.1M, up 83% from $204.9M (2019-03-29 to 2020-03-31)Mar 31, 2020 · RAUM change · derived
- Jonathan Neil Wessan (President/Officer/Director) no longer on Schedule A of First Citizens Institutional Asset Management, Llc (listed 2019-03-29, absent 2020-03-31)Mar 31, 2020 · Control person left · inference
- Louise Fakadej Sarah Mcavoy (Executive Vice President/Officer) appeared on Schedule A of First Citizens Institutional Asset Management, LlcMar 29, 2019 · Control person joined · fact
- Jonathan Neil Wessan (President/Officer/Director) appeared on Schedule A of First Citizens Institutional Asset Management, LlcJan 16, 2019 · Control person joined · fact
- Tanika Cherie Harris (Chief Compliance Officer) appeared on Schedule A of First Citizens Institutional Asset Management, LlcJan 16, 2019 · Control person joined · fact
- Cit Asset Management Llc filed its initial SEC registration (Form ADV)Nov 9, 2016 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- First Citizens Institutional Asset Management, LLC · Independent Sponsorsshared crd · capital_provider
- First Citizens Institutional Asset Management, LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- firstcitizens.com/commercial/solutions/asset-based-lendingreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 212-461-5761reportedpublic record, Form ADV, Mar 30, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026