Asset Management Group of Bank of Hawaii

It is a division of Bank of Hawaii, not a separate legal entity. The group operates within the bank's trust department, sharing the bank's charter, balance sheet, and regulatory oversight. This means client assets are managed under a fiduciary framework governed by the Office of the Comptroller of the Currency, with the bank's capital and reputation standing behind the advisory relationship.

The group predominantly serves Hawaii-based high-net-worth families, trusts, and local nonprofits. The client roster reflects multi-generational wealth tied to Hawaii's land, banking, and commercial dynasties. Institutional relationships include local endowments and foundations that prefer a fiduciary manager with deep understanding of Hawaii's tax code, real-estate-heavy balance sheets, and inter-island family dynamics (public record).

No. The group historically constructs portfolios using individual securities — equities, municipal bonds, and corporate debt — within separately managed accounts. It does not market its own line of mutual funds or exchange-traded products, distinguishing it from asset managers that derive revenue from internal fund fees.

Investment decisions rest with portfolio managers inside the trust department, overseen by an internal investment policy committee and ultimately the bank's board-level trust committee. Bank of Hawaii Corporation, as a publicly traded entity (NYSE: BOH), maintains a formal governance structure that separates trust investment management from the bank's proprietary trading and lending operations. Specific named investment leads are not publicly disclosed.

Bank of Hawaii reports consolidated trust and custody assets, which include assets the group manages alongside purely custodial or administrative accounts. A discreet AUM figure for the Asset Management Group's discretionary portfolios is not broken out in public filings, making peer comparisons difficult. Allocators typically request this figure directly during manager due diligence.