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.
Itau USA Asset Management
New York, NY
Itau USA Asset Management Inc., CRD 156313
Firm filing updated August 7, 2026 ·
- $9.3BAssets
- 14Advisory staff
- 65Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- OtherYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
Who the firm serves
- Pooled vehicles47
- High net worth individuals16
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 16 | $101.7 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 47 | $7.5 billion |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $1.7 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 pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$9.3 billion
- Accounts65
- DiscretionaryAll accounts
People
- Employees26
- Advisory staff14
- Broker-dealer reps6
- Licensed insurance agents0
Registration details
- Legal name: Itau USA Asset Management Inc. SEC-registered investment advisor. CRD 156313, SEC file 801-72400.
- Registered with the SEC as an investment advisor (status date on record: June 17, 2011).
Is Itau USA Asset Management a fiduciary?
Short answer: Itau USA Asset Management is registered with the SEC as an investment advisor.
More detail
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.
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: 6 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.