Money management firms: ranked by assets managed as of Dec. 31, 2005.EXECUTIVE SUMMARY Strong equity markets helped the 25 largest money management firms increase assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. in L.A. County to $1.78 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. as of Dec. 31, up 18 percent from a year earlier. No. 1 Capital Research and Management Co. and its sister company, No. 3 Capital Guardian guardian In law, one who has, or is legally appointed to, the care and management of another, usually a minor. A natural guardian is a guardian by natural relationship (usually the father or mother). Trust Co., accounted for more than half of the list's total with just over $1 trillion. Two firms on the list invest solely in real estate. Colony Capital  This article may contain improper references to .Please help [ improve this article] by removing . , No. 22, saw the largest percentage increase in assets under management. The Los Angeles-based real estate investor A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. saw its portfolio increase to $6.1 billion, up 135 percent from the previous year. CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. Investors LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , No. 18, jumped four spots as its portfolio increased by 45 percent to $8.9 billion. Transamerica Investment Management LLC, No. 13, also moved up four spots as its portfolio doubled to $18.3 billion. Among those moving down were Provident prov·i·dent adj. 1. Providing for future needs or events. 2. Frugal; economical. [Middle English, from Latin pr Investment Council Inc., No. 24, which fell one spot as its assets declined to $4.4 million, down 27 percent from the year earlier. Overall, the 25 largest money management firms employ 332 portfolio managers and 403 researchers in local offices. THE PACESETTER Capital research and management company Los Angeles-based Capital Research and Management Co. remained the largest money management firm in L.A. County, with assets totaling $857 billion as of Dec. 31-a more than 21 percent increase from a year earlier. Capital Research, part of the Capital Group Cos., is an investment adviser to American Funds  Please see the discussion on the talk page. "We hold investments on the equity side for about four years," said spokesman Chuck chuck a hand grip to be attached to intramedullary pins to enable the surgeon to rotate or drive them into bone. Freadhoff. Capital Research's portfolio is heavily weighted toward equities, which account for 78 percent of its investments. The balance is made up of fixed-income (12 percent) and cash (10 percent). The firm's funds that have produced the greatest returns over the past year have invested in foreign markets. "Those funds with international exposure have had the best returns," said Freadhoff. The company continues to expand as assets grow. It plans to open a 520,000-square-foot facility in Irvine Irvine, town, Scotland Irvine (ûr`vĭn), town (1991 pop. 32,507), North Ayrshire, SW Scotland, on the Irvine River estuary. Industries include iron and brass foundries. Other products are chemicals, electric goods, and clothing. next year that will be a center for investor and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . It has four similar centers in the U.S., the newest of which is in Scottsdale Scottsdale, city (1990 pop. 130,069), Maricopa co., central Ariz.; settled in 1895 by Winfield Scott, inc. 1951. It is a resort and retirement center in the Phoenix metropolitan area. , Ariz. Including the regional center, the firm managed $950 billion last year. The company is looking to add employees to its offices in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, as well. "Information technology and accounting are our two critical needs," said Freadhoff. Overall, Capital Research employs 28 portfolio managers and 42 researchers in L.A. County offices.
Rank Firm (Ranking in 2005) Assets Minimum Equity Fixed
name Managed Account Income
address (billions) (millions)
Web site 2005
2004
1 Capital Research and $857 varies 78% 12%
Management Co. (1) $703.6
333 S. Hope St.
Los Angeles 90071
capgroup.com
2 Western Asset 187.4 75 0 100
Management (3) 150.4
385 E. Colorado Blvd.
Pasadena 91101
westernasset.com
3 Capital Guardian Trust 157.3 10-50 90 8
Co. (2) 162.1
333 S. Hope St.
Los Angeles 90071
capgroup.com
4 TCW Group (4) 123 varies 43 48
865 S. Figueroa St., 110
Suite 1800 Los Angeles
90017
tcw.com
5 Dimensional Fund 86.4 2-10 90 10
Advisors Inc. (5) 65.2
1299 Ocean Ave.
Santa Monica 90401
dfafunds.com
6 Boston Co. Asset 64 5 100 0
Management (8) 33.5
400 S. Hope St.,
Fifth Floor
Los Angeles 90071
mellonglobal-
investments.com
7 Payden & Rygel (6) 55.7 varies 6 94
333 S. Grand Ave. 54
Los Angeles 90071
payden-rygel.com
8 Primecap Management 52.3 N/A 97 0
Co. (7) 46.3
225 S. Lake Ave.,
Suite 400
Pasadena 91101
primecapmanagement.com
9 NWO Investment 31.8 2 94 6
Management Co. LLC (9) 30.9
2049 Century Park
East, 16th Floor
Los Angeles 90067
nwq.com
10 Hotchkis and Wiley 29.6 25 100 0
Capital Management LLC 19.5
(13)
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
hwcm.com
11 First Quadrant 26.6 20 28 0
L.P. (12) 21
800 E. Colorado
Blvd., Suite 900
Pasadena 91101
firstquadrant.com
12 Wells Fargo & Co. (11) 24 0.1 50 40
333 S. Grand Ave., 23.5
Suite 540
Los Angeles 90071
wellsfargo.com
13 Oaktree Capital 23.6 1-3 0 55
Management LLC (11) 22.5
333 S. Grand Ave.,
28th Floor
Los Angeles 90071
oaktreecap.com
14 Transamerica Investment 18.3 10 63 34
Management LLC (17) 9.2
1150 S. Olive St.,
Suite 2700
Los Angeles 90015
transamerica.com
15 Metropolitan West 16.4 5-25 0 100
Asset Management LLC (15) 14.1
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
mwamllc.com
16 City National 14.4 1 71 23
Corp. (20) 12.3
400 N. Roxbury Drive
Beverly Hills 90210
cnb.com
17 Analytic Investors 10.2 20 42 0
500 S. Grand Ave. 6.5
Los Angeles 90071
aninvestor.com
18 First Pacific Advisors 9.9 varies 47 32
Inc. (18) 8.4
11400 W. Olympic
Blvd., Suite 1200
Los Angeles 90064
firstpacad.com
19 CB Richard Ellis 8.9 N/A 0 0
Investors LLC (22) 6.1
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
cbreinvestors.com
20 Kayne Anderson Rudnik 8.5 1 90 10
Investment Management 10.3
LLC (16)
1800 Avenue of the
Stars, Second Floor
Los Angeles 90067
kayne.com
21 Post Advisory Group 8 50 0 100
LLC (21) 6.4
11755 Wilshire Blvd.,
Suite 1400
Los Angeles 90025
postadvisory.com
22 Northern Trust Bank of 7.4 2 54 38
California N.A. (19) 7.5
355 S. Grand Ave.,
Suite 2600
Los Angeles 90071
ntrs.com
23 Colony Capital 6.1 10 0 0
1999 Avenue of the 2.6
Stars, Suite 1200
Los Angeles 90067
colonyinc.com
24 U.S. Trust Co. (24) 5.2 5 35 28
515 S. Flower St., 5
Suite 2700
Los Angeles 90071
ustrust.com
25 Provident Investment 4.4 5 94 1
Counsel Inc. (23) 6
300 N. Lake Ave.
Pasadena 91101
provnet.com
Rank Firm (Ranking in 2005) Cash Real Other
name Equivalent Estate
address
Web site
1 Capital Research and 10% 0% 0
Management Co. (1)
333 S. Hope St.
Los Angeles 90071
capgroup.com
2 Western Asset 0 0 0
Management (3)
385 E. Colorado Blvd.
Pasadena 91101
westernasset.com
3 Capital Guardian Trust 2 0 0
Co. (2)
333 S. Hope St.
Los Angeles 90071
capgroup.com
4 TCW Group (4) 0 1 8
865 S. Figueroa St.,
Suite 1800 Los Angeles
90017
tcw.com
5 Dimensional Fund 0 0 0
Advisors Inc. (5)
1299 Ocean Ave.
Santa Monica 90401
dfafunds.com
6 Boston Co. Asset 0 0 0
Management (8)
400 S. Hope St.,
Fifth Floor
Los Angeles 90071
mellonglobal-
investments.com
7 Payden & Rygel (6) 0 0 0
333 S. Grand Ave.
Los Angeles 90071
payden-rygel.com
8 Primecap Management 3 0 0
Co. (7)
225 S. Lake Ave.,
Suite 400
Pasadena 91101
primecapmanagement.com
9 NWO Investment 0 0 0
Management Co. LLC (9)
2049 Century Park
East, 16th Floor
Los Angeles 90067
nwq.com
10 Hotchkis and Wiley 0 0 0
Capital Management LLC
(13)
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
hwcm.com
11 First Quadrant 0 0 72
L.P. (12)
800 E. Colorado
Blvd., Suite 900
Pasadena 91101
firstquadrant.com
12 Wells Fargo & Co. (11) 7 2 1
333 S. Grand Ave.,
Suite 540
Los Angeles 90071
wellsfargo.com
13 Oaktree Capital 0 5 40
Management LLC (11)
333 S. Grand Ave.,
28th Floor
Los Angeles 90071
oaktreecap.com
14 Transamerica Investment 3 0 0
Management LLC (17)
1150 S. Olive St.,
Suite 2700
Los Angeles 90015
transamerica.com
15 Metropolitan West 0 0 0
Asset Management
LLC (15)
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
mwamllc.com
16 City National 5 1 0
Corp. (20)
400 N. Roxbury Drive
Beverly Hills 90210
cnb.com
17 Analytic Investors 0 0 58
500 S. Grand Ave.
Los Angeles 90071
aninvestor.com
18 First Pacific Advisors 20 0 1
Inc. (18)
11400 W. Olympic
Blvd., Suite 1200
Los Angeles 90064
firstpacad.com
19 CB Richard Ellis 0 100 0
Investors LLC (22)
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
cbreinvestors.com
20 Kayne Anderson Rudnik 0 0 0
Investment Management
LLC (16)
1800 Avenue of the
Stars, Second Floor
Los Angeles 90067
kayne.com
21 Post Advisory Group 0 0 0
LLC (21)
11755 Wilshire Blvd.,
Suite 1400
Los Angeles 90025
postadvisory.com
22 Northern Trust Bank of 3 3 2
California N.A. (19)
355 S. Grand Ave.,
Suite 2600
Los Angeles 90071
ntrs.com
23 Colony Capital 0 100 0
1999 Avenue of the
Stars, Suite 1200
Los Angeles 90067
colonyinc.com
24 U.S. Trust Co. (24) 24 10 3
515 S. Flower St.,
Suite 2700
Los Angeles 90071
ustrust.com
25 Provident Investment 5 0 0
Counsel Inc. (23)
300 N. Lake Ave.
Pasadena 91101
provnet.com
Rank Firm (Ranking in 2005) L.A. County Staff Chief Investment
name client contact Officer
address portfolio managers name
Web site researchers phone
1 Capital Research and Chuck Freadhoff James F.
Management Co. (1) 28 Rothenberg
333 S. Hope St. 42 (213) 486-9200
Los Angeles 90071
capgroup.com
2 Western Asset Veronica Amici S. Kenneth Leech
Management (3) 15 (626) 844-9400
385 E. Colorado Blvd. 25
Pasadena 91101
westernasset.com
3 Capital Guardian Trust Andy Stenovec David Fisher
Co. (2) Michelle Savoy (213) 486-9200
333 S. Hope St. 16
Los Angeles 90071 35
capgroup.com
4 TCW Group (4) Garrett A. Walls Jeffrey E.
865 S. Figueroa St., 40 Gundlach
Suite 1800 Los Angeles 92 (213) 244-0000
90017
tcw.com
5 Dimensional Fund David Schneider David Booth
Advisors Inc. (5) 14 (310) 395-8005
1299 Ocean Ave. 6
Santa Monica 90401
dfafunds.com
6 Boston Co. Asset Robert T. Harkins David Cameron
Management (8) WND (213) 553-9500
400 S. Hope St., WND
Fifth Floor
Los Angeles 90071
mellonglobal-
investments.com
7 Payden & Rygel (6) Greg Brown Investment Policy
333 S. Grand Ave. 26 Committee
Los Angeles 90071 33 (213) 625-1900
payden-rygel.com
8 Primecap Management Roderick M. Brower Howard B. Schow
Co. (7) 6 (626) 304-9222
225 S. Lake Ave., 9
Suite 400
Pasadena 91101
primecapmanagement.com
9 NWO Investment Patrick M. Schloss Jon D. Bosse
Management Co. LLC (9) 3 (310) 712-4000
2049 Century Park 15
East, 16th Floor
Los Angeles 90067
nwq.com
10 Hotchkis and Wiley George Davis WND
Capital Management LLC 12 (213) 430-1000
(13) 2
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
hwcm.com
11 First Quadrant Rick Roberts Max Darnell
L.P. (12) 4 (626) 795-8220
800 E. Colorado 12
Blvd., Suite 900
Pasadena 91101
firstquadrant.com
12 Wells Fargo & Co. (11) Joe DeFur Dean A. Junkans
333 S. Grand Ave., 33 (800) 464-6027
Suite 540 7
Los Angeles 90071
wellsfargo.com
13 Oaktree Capital Erin Kurutz Howard Marks
Management LLC (11) 6 (213) 830-6300
333 S. Grand Ave., 48
28th Floor
Los Angeles 90071
oaktreecap.com
14 Transamerica Investment David Lubchenco Gary Rolle
Management LLC (17) 14 (866) 846-1800
1150 S. Olive St., 9
Suite 2700
Los Angeles 90015
transamerica.com
15 Metropolitan West Chris Scibelli Tad Rivelle
Asset Management 11 (310) 966-8900
LLC (15) 12
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
mwamllc.com
16 City National Richard Byrd Richard A. Weiss
Corp. (20) 40 (310) 888-6300
400 N. Roxbury Drive 14
Beverly Hills 90210
cnb.com
17 Analytic Investors Gregory McMurran Dennis Bein
500 S. Grand Ave. 7 (213) 688-3015
Los Angeles 90071 6
aninvestor.com
18 First Pacific Advisors Andrea Maitra WND
Inc. (18) Cheryl Schmitz (310) 473-0225
11400 W. Olympic 7
Blvd., Suite 1200 0
Los Angeles 90064
firstpacad.com
19 CB Richard Ellis Michael McMenomy Robert Zerbst
Investors LLC (22) 6 (213) 683-4200
865 S. Figueroa St., 6
Suite 3500
Los Angeles 90017
cbreinvestors.com
20 Kayne Anderson Rudnik Steve Rigali Allan Rudnick
Investment Management 11 (800) 231-7414
LLC (16) 6
1800 Avenue of the
Stars, Second Floor
Los Angeles 90067
kayne.com
21 Post Advisory Group John Quintanar Lawrence A. Post
LLC (21) Ralph Canada (310) 996-9600
11755 Wilshire Blvd., 4
Suite 1400 9
Los Angeles 90025
postadvisory.com
22 Northern Trust Bank of Kathleen Knight Patrick Everett
California N.A. (19) Donald Berghoff (213) 346-1300
355 S. Grand Ave., Mel Clark
Suite 2600 8
Los Angeles 90071 0
ntrs.com
23 Colony Capital Kevin Traenkle Jonathan Grunzweig
1999 Avenue of the 6 (310) 282-8820
Stars, Suite 1200 0
Los Angeles 90067
colonyinc.com
24 U.S. Trust Co. (24) Greg Zappas Leo Growhowski
515 S. Flower St., WND (213) 861-5000
Suite 2700 WND
Los Angeles 90071
ustrust.com
25 Provident Investment Jeffrey D. WND
Counsel Inc. (23) Anderson (626) 449-8500
300 N. Lake Ave. 9
Pasadena 91101 7
provnet.com
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