SEC-Registered Investment Adviser
U.S. Bancorp Asset Management, INC.
Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated August 28, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.
Registration
- Status
- Approved
- Registered since
- April 13, 2001
- Principal office
- 800 Nicollet Mall, Mail Stop Bc-Mn-17ul, Minneapolis, MN 55402
- Organized as
- Corporation, DE
- Fiscal year end
- December
- Other offices
- 50
Scale
- Regulatory AUM
- $427.5B
- Discretionary / non-discretionary
- $426.6B / $897.8M
- Attributable to non-US clients
- $185.0M
- Accounts
- 2,340
- Clients
- 0
- Employees
- 322, 62 in advisory roles
- Private funds advised
- 1
- Private fund gross assets
- $5.1B
- Fund types
- 1 liquidity funds
- Funds with Form D records
- 1 issuer in AltStreet's ledger, $791.4M reported sold across them
Business, clients and compensation, as filed
- Advisory activities
- portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients
- Compensated by
- a percentage of assets under management, performance-based fees and other
- Client types
- individuals (other than high net worth) (0); high net worth individuals (0); banking or thrift institutions; investment companies (9); business development companies (0); pooled investment vehicles (20); pension and profit sharing plans (22); charitable organizations (56); state or municipal government entities (664); other investment advisers (0); insurance companies (4); sovereign wealth funds and foreign official institutions (0); corporations or other businesses (43); other (63)
- Related persons include
- a broker-dealer, another investment adviser, a banking or thrift institution and an insurance company or agency
- Affiliates
- 2 broker-dealers
Form ADV Item 11 disclosures
The firm answered yes to the following Item 11 questions. The answers cover the firm and its advisory affiliates; the Disclosure Reporting Pages on IAPD identify the subject and the outcome.
- felony charge pending (Item 11A(2))
- SEC or CFTC finding of a violation of regulations or statutes (Item 11C(2), 3 reported)
- SEC or CFTC order against the firm or an affiliate (Item 11C(4), 3 reported)
- SEC or CFTC civil money penalty or cease-and-desist (Item 11C(5), 3 reported)
- other regulator finding of a false statement or omission (Item 11D(1), 5 reported)
- other regulator finding of a violation (Item 11D(2), 8 reported)
- other regulator order, denial, suspension or revocation (Item 11D(4), 11 reported)
- civil court injunction (Item 11H(1)(a))
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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.