The FIRST NATIONAL ADVISERS is a publicly held investment adviser that advises $2.67Bn in regulatory assets under management held in 0 SEC fund types across 3 investment strategies. FIRST NATIONAL ADVISERS is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 50.42% over the last 5-years.
The Group has been registered with the SEC for 24.71 years and is comprised of 3 filing and 0 relying advisers. They operate out of 7 office locations with their Headquarters at 14010 FNB PARKWAY SUITE 200, OMAHA, NE. The Group has been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 77 employees comprised of 61 investment and 16 non-investment staff. The total number of Employees increased by 45.28% over the last 5-years.
Their $2.67Bn in assets advised are owned by 0 private funds, 6 public funds and BDCs and 0 other accounts. Assets of Investment Companies (IC) clients own $2.31Bn or 86.54% of Total Assets and High Net Worth Individuals own $286.23mn or 10.7% of Total Assets.
The Group's top investment strategies include Long/Short Equity, FI/Credit - Diverse and Multi Strat, representing 53.97%, 38.92% and 7.1% of total assets, respectively.
They advise 3 types of clients, top clients are Investment Companies (IC) and High Net Worth Individuals.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses advisory fees, fixed fees and management fees.
FIRST NATIONAL ADVISERS names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In FIRST NATIONAL ADVISERS's case, they have 19 business conditions that require high process maturity and 1 Watch Factors.