MINNEAPOLIS, MNCRD 111912Latest ADV March 27, 2026
U.S. Bancorp Asset Management, Inc. is an SEC registered investment adviser organized as a corporation with a primary office location in Minneapolis, MN.
Assets Under Management
$427.5B
Employees
322
Offices
50 offices
Total Clients
881
Primary office
MINNEAPOLIS, MN
800 NICOLLET MALL, MAIL STOP BC-MN-17UL, MINNEAPOLIS, MN, United States
Portfolio management for individuals and small businesses
Portfolio management for investment companies
Fee models offered
3 types reported
Asset based fees
Other fee arrangements
Performance-based fees
Sources checked May 13, 2026
Client Coverage Demographics
Top client segmentGovernment represent 75.4% of total clients.
Top client categories% of clientsClients
1
Government
75.4%
664
2
CD-FRI, HIGHER EDUCATION, HEALTHCARE
7.2%
63
3
Charitable
6.4%
56
4
Corporations
4.9%
43
5
Pension Plans
2.5%
22
Categories with <5 clients
Banking or thrift institutions<5 clients
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$427.5Bas of March 27, 2026
Discretionary99.8%
$426.6B
100% of total RAUM99.8%
Non-discretionary0.2%
$898M
0% of total RAUM0.2%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Latest AUM$427.5B
Total Accounts2,340
10Y AUM Change+$361.6B (+549.2%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees322
Clients per Employee3:1
10Y Employee Change+226 (+235.4%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.