# SVB Wealth Advisory

SVB Wealth Advisory is a Bank / Wealth / Trust based in Santa Clara, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Santa Clara, United States
- **Region:** North America
- **Address:** Santa Clara, CA, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** svb.com
- **LinkedIn:** linkedin.com/company/svb-securities

## Regulatory record

- **Reports private funds:** No

## About

SVB Wealth Advisory is a wealth manager based in Santa Clara, US. It manages approximately $1.5 billion in assets, primarily serving clients in North America.

## People

- Greg Becker — President and CEO of SVB Financial Group

## Questions

### What happened to SVB Wealth Advisory during the bank's failure?

The registered investment advisor was not included in the bridge bank asset transfer to First Citizens BancShares. Its custodial assets were caught in the FDIC receivership, and advisory clients lost access to managed portfolios for a period. The entity did not continue as a going concern; its operational existence effectively terminated when the parent failed (per FDIC receivership filings, 2023).

### What types of clients did SVB Wealth Advisory serve?

Founders, senior executives, and general partners of venture-backed companies made up the core client base. The firm also managed assets for venture capital and private equity firms that banked with SVB, often constructing bespoke treasury management and wealth integration programs around liquidity events.

### Did SVB Wealth Advisory invest client assets into SVB's own funds?

Yes. SVB Capital managed venture capital and private credit funds that were regularly allocated into client portfolios. The advisory's independence as a fiduciary was frequently questioned in the aftermath of the bank's failure, given the concentration of client assets in affiliated private investment vehicles (per The Wall Street Journal, March 2023).

### Where did the advisory's assets go after March 2023?

Some client assets were eventually released by the FDIC, but the book of advisory relationships fragmented. Former SVB wealth management advisors moved in large numbers to First Republic Bank, JP Morgan Private Bank, and independent firms. There was no single acquirer of the RIA, making the dissolution a dispersed, advisor-by-advisor migration rather than a portfolio sale.

## Related profiles

- [SVB Investment Services](https://altss.com/profile/svb-investment-services)
- [SW OH Regional Council of Carpenters Pension Plan](https://altss.com/profile/sw-oh-regional-council-of-carpenters-pension-plan)

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

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