SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
DWS Investment Management Americas, Inc.
New York, NY
CRD 104518
Firm filing updated September 17, 2026 ·
- $199.7BAssets
- 91Advisory staff
- 550Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Investment companies55
- Insurance companies47
- Corporations or other businesses20
- High net worth individuals7
- Pooled vehicles7
- and 1 more1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 7 | $91.9 million |
| Banking or thrift institutions | Fewer than 5 clients | $2.1 billion |
| Investment companies | 55 | $69.2 billion |
| Business development companies | 1 | $372.0 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $15.1 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $1.9 billion |
| Charitable organizations | Fewer than 5 clients | $2.2 billion |
| State or municipal government entities (including government pension plans) | Fewer than 5 clients | $1.8 billion |
| Other investment advisors | Fewer than 5 clients | $119.1 million |
| Insurance companies | 47 | $86.7 billion |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $5.1 billion |
| Corporations or other businesses not listed above | 20 | $13.5 billion |
| Other: "NON-US GOVT/NON-GOVT PENSION" | 5 | $1.5 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 5 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$199.7 billion
- Accounts550
- Discretionary$196.4 billion · 540 accounts
- Non-discretionary$3.2 billion · 10 accounts
People
- Employees452
- Advisory staff91
- Broker-dealer reps114
- Licensed insurance agents0
Registration details
- SEC-registered investment advisor. CRD 104518, SEC file 801-252.
- Registered with the SEC as an investment advisor (status date on record: November 1, 1940).
Is DWS Investment Management Americas, Inc. a fiduciary?
Short answer: DWS Investment Management Americas, Inc. is registered with the SEC as an investment advisor. Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 114 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.