# City National Bank Investment Management

City National Bank Investment Management is a Bank / Wealth / Trust based in Los Angeles, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 1954
- **Assets under management:** Undisclosed
- **Website:** cnb.com
- **LinkedIn:** https://www.linkedin.com/company/city-national-bank

## Regulatory record

- **Reports private funds:** No

## About

City National Bank Investment Management is a wealth manager based in Los Angeles, US. It focuses on investment management services for high net worth individuals and families in North America.

## Questions

### What is the relationship between City National Bank Investment Management and RBC?

Royal Bank of Canada acquired City National Bank in 2015 for $5.4 billion and retained the City National brand and Los Angeles headquarters. The investment management group sits inside City National Bank, which operates as a wholly owned subsidiary within RBC's global wealth-management division. This gives the unit access to RBC Global Asset Management's institutional capabilities while maintaining a separate West Coast client franchise and regulatory footprint.

### How much does City National Bank Investment Management have under discretionary management?

City National Bank does not publicly disaggregate the investment management unit's discretionary AUM from total client assets under administration. The bank reported approximately $96 billion in combined client assets across all lines at year-end 2024 (per RBC annual report, 2024), a figure that includes deposits, loans, custody, and managed accounts. Standalone investment-management AUM is not disclosed.

## Related profiles

- [City and Guilds (1966) Pension Scheme](https://altss.com/profile/city-and-guilds-1966-pension-scheme)
- [City National Bank Profit Sharing Plan](https://altss.com/profile/city-national-bank-profit-sharing-plan)

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Last updated: 2026-06-03T20:00:00.000Z

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