Asset manager · New York, NY
Nomura Corporate Research and Asset Management Inc
SEC-registered investment adviser · CRD 110411 · SEC 801-38965
At a glance
Nomura Corporate Research and Asset Management Inc is an SEC-registered investment adviser based in New York, New York, with $37.6 billion in regulatory assets under management as of its Form ADV filed June 24, 2026. Its largest client group by assets is state or municipal government entities. By Form ADV it is a asset manager, ranked 254th of 3,218 asset managers and 545th of 17,210 SEC-registered advisers by assets.
Main office 212-667-9000nomuracapitalmanagement.comAs filed on Form ADV
- Regulatory AUM
- $38B
- Rank among asset managers
- #254 of 3,218
- Rank among all SEC RIAs
- #545 of 17,210
- Rank in New York
- #139 of 2,591
- Clients
- 66
- Accounts
- 66
- Discretionary
- 99% of AUM
- Employees
- 50
- Advisory staff
- 25
- Offices
- 1
Owners and executives on its Form ADV
- David O. CrallPresident, Chief Executive Officer, Chief Investment Officer, Managing Director, Board of Director
- Stephen S. KotsenManaging Director and Portfolio Manager
- Amy Y. ChangManaging Director and Portfolio Manager
- Neil A. DanieleChief Compliance Officer
- Eugene N. ShusterManaging Director - Head of Risk
- Melanie J. HawthorneHead of Legal
- Steven Nicholas AloupisBoard of Director - Chairman
- Meno V. StroemerManaging Director, Portfolio Manager
- Eugene James ChiulliTreasurer, Chief Financial Officer
- Yusuke N. AndohBoard of Director
Custody and brokerage
Broker-dealer
Hybrid RIA
Nomura Corporate Research and Asset Management Inc is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Delaware Distributors, L.P., Instinet, LLC, Nomura Bank (luxembourg) S.A., Nomura Securities International, Inc. and The Nomura Trust & Banking Co., LTD..
- Delaware Distributors, L.P. ↗CRD 14232
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, June 2026
- Instinet, LLC ↗CRD 7897
- Nomura Bank (luxembourg) S.A.
- Nomura Securities International, Inc. ↗CRD 4297
- The Nomura Trust & Banking Co., LTD.
Its Form ADV brochure (filed June 2026) names Nomura Securities International as the broker-dealer its advisers are registered with.
ker-Dealers Some of our employees are registered securities representatives of Nomura Securities International, Inc., (“Nomura Securities”), an affiliated broker-dealer registered with the SEC and a member of the Financial Industry Regulat
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| State or municipal government entities | 20 | $18B | 49% |
| Pooled investment vehicles | 22 | $10B | 27% |
| Sovereign wealth funds and foreign official institutions | 4 | $3.0B | 8% |
| Pension and profit sharing plans | 8 | $3.0B | 8% |
| Investment companies | 4 | $2.1B | 6% |
| Insurance companies | 7 | $652M | 2% |
| Corporations or other businesses | 1 | $265M | <1% |
Disciplinary disclosures
Nomura Corporate Research and Asset Management Inc answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗nomuracapitalmanagement.com ↗
AtlasMembers
The full record on Nomura Corporate Research and Asset Management Inc
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 336 peers of its type and size
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- Owners and executives, with titles and stakes
- 10 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Nomura Corporate Research and Asset Management Inc manage?
Nomura Corporate Research and Asset Management Inc reports $37.6 billion in regulatory assets under management across 66 accounts, 99% of it on a discretionary basis, on its Form ADV filed June 24, 2026.
What kind of firm is Nomura Corporate Research and Asset Management Inc?
Nomura Corporate Research and Asset Management Inc is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Nomura Corporate Research and Asset Management Inc’s clients?
By assets, its largest client types are state or municipal government entities ($18.4 billion, 20 clients); pooled investment vehicles ($10.1 billion, 22 clients); sovereign wealth funds and foreign official institutions ($3.0 billion, 4 clients).
Does Nomura Corporate Research and Asset Management Inc have any disciplinary history?
Nomura Corporate Research and Asset Management Inc answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Nomura Corporate Research and Asset Management Inc’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-06-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →