U.S. Bancorp Asset Management, INC.
Assets Under Management
$402.8B
Number of Clients
899
Number of Advisors
N/A
Average Client AUM
$448.1M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)
About This Firm
USBAM offers investment advisory services to institutional clients, including pooled investment vehicles, separately managed accounts (SMAs), outsourced chief investment officer (OCIO) services, and structured products. Strategies are tailored to client needs and may include fixed income, money market securities, and multi-asset class mandates.
Fee Structure
Fees are based on a percentage of managed assets and vary depending on the type of account, permitted investments, investment style, service requirements, and account size. The firm uses a general guideline for fixed income and OCIO discretionary management, but fees are negotiable. There is a minimum annual account fee that may be waived. Non-discretionary advice and structured product engagements are typically charged a fixed fee. Consulting services are charged either a fixed fee or a fee based on a percentage of assets.
Areas of Practice
Location
800 Nicollet Mall, Mail Stop Bc-Mn-17Ul, Minneapolis, MN, 55402