U.S. BANCORP ASSET MANAGEMENT, INC.
Adviser information for U.S. BANCORP ASSET MANAGEMENT, INC. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 77 |
|---|---|
| Investment Advisory/Research | 17 |
| Registered Broker-Dealer Representatives | 13 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 88 | $176.1B |
| Non-Discretionary | 0 | $0 |
| Total | 88 | $176.1B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 6 | $142.7B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $6.2B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $159.6M |
| State or municipal gov entities | 5 | $2.9B |
| Other investment advisers | 0 | $0 |
| Insurance companies | 6 | $1.2B |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 30 | $22.9B |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 7 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMADMINISTRATION FEES |
Principal Office
800 NICOLLET MALLMAIL STOP BC-MN-H04N
MINNEAPOLIS
MN
United States
Monday - Friday, 8:00 A.M. - 5:00 P.M. CENTRAL TIME
Tel: 612-303-3457, Fax: 612-303-4767
Chief Compliance Officer
LEO J. KARWEJNA
CHIEF COMPLIANCE OFFICER
800 NICOLLET MALL
4TH FLOOR
MINNEAPOLIS
MN
United States
Tel:
717-213-3847
L***********@*********M
(Full email address available in API data)
Regulatory Contact
RICHARD J. ERTEL
CHIEF COUNSEL & SECRETARY
800 NICOLLET MALL
MAIL STOP BC-MN-H04N
MINNEAPOLIS
MN
United States
Tel:
612-303-7987
Fax:
612-303-4767
R************@*********M
(Full email address available in API data)
Industry Affiliates
| PFM ASSET MANAGEMENT LLC | Other investment adviser, including financial plannersPension consultant |
| PFM FUND DISTRIBUTORS, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| U.S. BANCORP INVESTMENTS, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersInsurance company or agency |
| U.S. BANK NATIONAL ASSOCIATION | Broker-dealer, municipal securities dealer, or gov securities broker or dealerRegistered security-based swap dealerBanking or thrift institution |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| MOUNT VERNON LIQUID ASSETS PORTFOLIO, LLC | Liquidity Fund | $6,200.6M | $0.0M | 221 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| U.S. BANK NATIONAL ASSOCIATION | Domestic Entity | – | SHAREHOLDER | 03/2001 | > 75% |
| U.S. BANCORP | Domestic Entity | U.S. BANK NATIONAL ASSOCIATION | SHAREHOLDER | 07/1958 | > 75% |
| ERTEL, RICHARD, JUDE | Individual | – | DIRECTOR, CHIEF COUNSEL AND SECRETARY | 01/2011 | < 5% |
| THOLE, ERIC, JAMES | Individual | – | DIRECTOR, CHIEF EXECUTIVE OFFICER & PRESIDENT | 06/2014 | < 5% |
| PALMER, JAMES, DAVID | Individual | – | DIRECTOR, CHIEF INVESTMENT OFFICER | 06/2014 | < 5% |
| STEVENSON, JILL, MICHELE | Individual | – | HEAD OF OPERATIONS AND MUTUAL FUNDS TREASURER | 09/2014 | < 5% |
| KARWEJNA, LEO, JOSEPH | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2024 | < 5% |