Updated:
Asset Management Group of Bank of Hawaii
The Asset Management Group functions as the fiduciary investment arm within Bank of Hawaii Corporation, a regional bank holding company headquartered in...
Asset Management Group of Bank of Hawaii
The Asset Management Group functions as the fiduciary investment arm within Bank of Hawaii Corporation, a regional bank holding company headquartered in Honolulu. Unlike standalone asset managers, the group integrates investment management with trust services, estate settlement, and private banking — a bundled model characteristic of regional trust companies. Its client base is concentrated among Hawaii residents, with additional exposure to Guam and Pacific Island markets through the bank's broader footprint. Investment strategies center on US equities and fixed-income separately managed accounts, with portfolio construction emphasizing tax-aware yield and capital preservation. The group typically allocates client assets into individual securities rather than proprietary funds, drawing on internal research and external manager selection where advantageous. Typical portfolios reflect a mainland-US large-cap bias, tempered by the currency and regulatory considerations of Hawaii's uniquely high cost of living and concentrated real-estate wealth. Asset-class exposure spans domestic large-cap equities, municipal and corporate bonds, and cash equivalents. Scale is opaque: Bank of Hawaii Corporation reported consolidated trust assets under administration but does not break out discretionary AUM for the Asset Management Group specifically. The group operates from the bank's downtown Honolulu headquarters on South King Street. Adjacent service lines include Bank of Hawaii's Wealth Management division, which coordinates private banking and brokerage services alongside the group's investment management, housed within the same trust department that has been managing local family fortunes for generations. A structural differentiator is this group's embeddedness in a publicly regulated regional bank. Investment decisions and fiduciary oversight sit under OCC supervision and the bank's own board-level risk committees, creating a compliance posture distinct from independent RIAs. The succession story is institutionalized: individual portfolio managers operate within a chartered trust company framework that predates modern RIA structures by decades, meaning client relationships typically outlast any single investment officer on the account.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Honolulu
Corporate office
Honolulu, HI, United States
Frequently asked questions
Is Asset Management Group a separate entity or part 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.
What type of clients does the group primarily serve?
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).
Does the group offer proprietary mutual funds or ETFs?
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.
How are investment decisions made and who bears fiduciary responsibility?
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.
Is the group's AUM 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.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: