Data Dictionary
Item Number B886
INVESTMENT MANAGEMENT AGENCY ACCOUNTS - MANAGED ASSETSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCFDB886 | 2001-12-31 | 9999-12-31 | No | Multiple Forms |
| RCONB886 | 2001-12-31 | 9999-12-31 | No | FFIEC 041 |
| RCONB886 | 2001-12-31 | 9999-12-31 | No | FFIEC 051 |
| SVGLB886 | 2002-03-31 | 2008-12-31 | Yes | OTS 1313 |
| SVGLB886 | 2009-03-31 | 2011-12-31 | No | OTS 1313 |
| UBPRB886 | 2001-12-31 | 9999-12-31 | No |
Data Description:
Includes the market value for all individual and institutional investment management agency accounts that are administered within the fiduciary area of the institution. Investment management agencies are those agency accounts in which the institution has investment discretion; however, title to the assets remain with the client. Include accounts in which the institution serves as a sub-advisor. Exclude investment management agency accounts that are administered in bank subsidiaries that are SEC registered investment advisors. Include those mutual funds that are advised by the fiduciary area that is a separately identifiable department or division (as defined in section 217 of the Gramm-Leach-Bliley Act). Classes of the same mutual fund should be combined and reported as a single account.
Report the total market value of assets held in managed fiduciary accounts. An account should be categorized as managed if the institution has investment discretion. Investment discretion is defined as the sole or shared authority (whether or not that authority is exercised) to determine what securities or other assets to purchase or sell on behalf of the fiduciary related account. An institution that delegates its authority over investments and an institution that receives delegated authority over investments are BOTH deemed to have investment discretion. An entire account should be reported as either managed or non-managed based on the predominant responsibility of the reporting institution.
COMPARABILITY:
Beginning 3/31/02, reported on Schedule FS for the SVGL report.
NOTE:
Reported on Schedule RC-T Fiduciary and Related Services for the FFIEC 031 and 041 reports.
Reported on Schedule T for the FFIEC 002 report.
For the UBPR series, the FDIC's Data Element name is H-INVMASS