United States Trust Company, National Association (New York)

Name: United States Trust Company, National Association
Address: 114 West 47 Th Street, New York, NY, 10036 1532
Telephone: 212-852-1000

United States Trust Company, National Association is a large advisory firm based in New York. It manages $5.54 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2006.

United States Trust Company, National Association provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

United States Trust Company, National Association: assets under management

The assets under management (AUM) of United States Trust Company, National Association is $5.54 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.54 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $197.79 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay United States Trust Company, National Association for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at United States Trust Company, National Association

Frances Aldrich Sevilla Sacasa has been acting as President since 1 Dec 2005. Keith Thomas Banks has served as the Chief Investment Officer since 1 Jul 2007 and Peter Kevin Scaturro is the Chief Executive Officer of United States Trust Company, National Association family office. Colin Moore joined the executive team most recently as the Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
U.S. Trust Corporation	100% owner	1 Jun 1991	75% - 100%	13-3818952
John Jeffrey Apruzzese	Managing director; equity investments	1 Dec 1995	Other	2519904
Alexander David Powers	Managing director; fixed income investments	1 Mar 1998	Other	1788171
Mary Martinez	Managing director; chief operating officer - investment management	1 Jun 2004	Other	5138216
James Lee Bailey	Executive vice president & chief operating officer	1 Dec 2004	Other	4650508
Peter Kevin Scaturro	Chief executive officer	1 May 2005	Other	4101793
Leo P. Grohowski	Executive vice president and chief investment officer	1 Oct 2005	Other	4359380
Frances Aldrich Sevilla Sacasa	President	1 Dec 2005	Other	2891126
Hiam Arfa	Chief compliance officer	1 Sep 2006	Other	2409975
Joan Ellen Hoffman	Chief compliance officer	1 Jan 2007	Other	1565558
Frances Aldrich Sevilla Sacasa	President, chief executive officer and director	1 May 2007	Other	2891126
Nb Holdings Corporation	Shareholder	1 Jul 2007	75% - 100%	56-1857749
Keith Thomas Banks	Chief investment officer	1 Jul 2007	Other	2460880
Randall Thomas Royther	Head of cash investments	1 Jul 2007	Other	1903957
Stephen C Peacher	Head of long term fixed income investments	1 Jul 2007	Other	1567536
Linda Jean Wondrack	Chief compliance officer	1 Jul 2007	Other	1589187
Colin Moore	Head of equity investments	1 Jul 2007	Other	5393486
Colin Moore	Chief investment officer	1 Nov 2007	Other	5393486

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bank Of America Corporation	Shareholder - nb holdings corporation	1 Sep 1998	75% - 100%	56-0906609
The Charles Schwab Corporation	Parent company of u.s. trust corporation	1 May 2000	75% - 100%	94-3025021

Based in New York

The principal office where United States Trust Company, National Association performs its advisory services is located at 114 West 47 Th Street, New York, NY 10036 1532, which is also the mailing address of the firm. An additional office of the firm is in Princeton, NJ. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212-852-1000 or by fax 212-852-1310. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.ustrust.com.