Bnp Paribas Asset Management Usa, Inc. (New York)


Bnp Paribas Asset Management Usa, Inc. is a large advisory firm based in New York. It manages $47.5 billion of regulatory assets for 111 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Bnp Paribas Asset Management Usa provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bnp Paribas Asset Management Usa: assets under management

The assets under management (AUM) of Bnp Paribas Asset Management Usa, Inc. is $47.5 billion. The firm's AUM has grown by 15% since the beginning of its operation, and $40.91 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $46.23 billion in discretionary accounts and $1.28 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $432.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $318.91 million.

Investments

The firm invests in government bonds the most. They account for 60% of the total AUM. The second-largest asset type is sovereign bonds, which make up 25% of the firm’s portfolio. Investments in other assets form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bnp Paribas Asset Management Usa, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert William Hawley serves?

The firm provides services to investment companies, pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Robert William Hawley is sovereign wealth funds and foreign official institutions with 27 clients and $27.39 billion of assets under management. Among the 11 most similar advisory firms, Bnp Paribas Asset Management Usa has the highest percentage of sovereign wealth funds and foreign official institutions out of all clients.

The amount of regulatory assets under management is $44.5 billion for 97 clients. 68% of the firm’s clients are foreign persons or businesses.

Bnp Paribas Asset Management Usa also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Bnp Paribas Asset Management Usa, Inc.

The company employs 151 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert William Hawley has been acting as President since 1 Jan 2016. Timothy William Trotter joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Bnp Paribas Asset Management Usa Holdings Direct owner 1 Jul 1973 75% - 100% 13-2725448
Robin Sue Meister Chief compliance officer / chief legal officer / secretary 1 Sep 1998 Other 4347379
Pascal Didier Roland Biville Director 1 Dec 2006 Other 5268697
John Joseph Barletta Chief financial officer / treasurer 1 Jul 2011 Other 4782310
Amanda Raynor Chief operating officer 1 Jul 2015 Other 6631474
Daniel Albert Klein Director / chief executive officer / president 1 Oct 2015 Other 6011117
Robert William Hawley Director 1 Jan 2016 Other 828024
Philippe Michel Ditisheim Director 1 Mar 2017 Other 6802676
Gary Charles Friedman Chief financial officer / treasurer 1 Jul 2017 Other 6836617
Pierri Alfredo Sandro Director 1 Dec 2017 Other 6906332
Andrew William Alter Chief legal officer / secretary 1 Jan 2019 Other 4183449
Timothy William Trotter Chief compliance officer 1 Jun 2019 Other 2875029

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bnp Paribas Indirect owner 1 Jun 2001 75% - 100% 94-1677765
Bnp Paribas S.A. Indirect owner 1 Jun 2001 75% - 100% 94-1677765
Bnp Paribas Usa Inc. Indirect owner 1 Jan 2017 75% - 100% 13-1929559
Corp. Bnp Paribas Us Wholesale Holdings Indirect owner 1 Jan 2017 75% - 100% 74-1953834

Based in New York

The principal office where Bnp Paribas Asset Management Usa, Inc. performs its advisory services is located at 200 Park Avenue, New York, NY 10166, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-681-3181. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at institutional.bnpparibas-am.com.