U.S. Bancorp Asset Management, Inc
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Overview
U.S. Bancorp Asset Management, Inc is an advisory company that has its headquarters in Minneapolis, Minnesota. The firm controls $146.7 billion in assets under management over 88 client accounts, placing it among the largest firms in the country by assets under management (AUM). The company has a large team, including 17 financial advisors. U.S. Bancorp Asset Management, Inc is not a registered broker-dealer, meaning the company is not able to buy and sell securities for its clients' and own accounts and instead must go through a broker-dealer company to do so. Securities are tradable financial investments such as options, bonds and equities.
U.S. Bancorp Asset Management, Inc administers all of the company's accounts on a discretionary basis. Discretionary management means that buy and sell choices for the client's account are made by a portfolio manager without requiring client permission. The investment advisory firm oversees an average of $1.7 billion for every customer account. An average financial advisor at U.S. Bancorp Asset Management, Inc administers about five client accounts, making it one of the more personalized advisor firms in the country.
The company's central office is located at 800 Nicollet Mall, Minneapolis, Minnesota 55402. U.S. Bancorp Asset Management, Inc is permitted to provide services to clients throughout 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
U.S. Bancorp Asset Management, Inc by the Numbers
$146.7 billion
106
88
$1.7 billion
Fee Structure
Fees for financial management largely are based on which services the firm provides the client. Fees charged by U.S. Bancorp Asset Management, Inc most likely include the following fee types: asset-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 10% of firms
Other
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
Types of Clients
U.S. Bancorp Asset Management, Inc works with investment companies, pooled investment vehicles, insurance companies and corporations. Out of its 88 clients, U.S. Bancorp Asset Management, Inc's biggest client group by number of accounts is corporations. Just 4% of the firm's accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
U.S. Bancorp Asset Management, Inc does not have any disclosures.
Please visit its Form ADV for more details.
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