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.
RBC Global Asset Management (U.S.) Inc.
Minneapolis, MN
CRD 107173
Firm filing updated May 21, 2026 ·
- $104.5BAssets
- 37Advisory staff
- 245Accounts
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
- Pooled vehicles74
- Individuals69
- State or municipal government entities (including government pension plans)31
- Corporations or other businesses29
- Pension and profit sharing plans18
- and 1 more13
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 69 | $62.9 million |
| High net worth individuals | Fewer than 5 clients | $21.5 million |
| Banking or thrift institutions | Fewer than 5 clients | $0 |
| Investment companies | 13 | $29.4 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 74 | $42.0 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 18 | $4.7 billion |
| Charitable organizations | Fewer than 5 clients | $170.6 million |
| State or municipal government entities (including government pension plans) | 31 | $12.9 billion |
| Other investment advisors | Fewer than 5 clients | $593.2 million |
| Insurance companies | Fewer than 5 clients | $1.4 billion |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $903.0 million |
| Corporations or other businesses not listed above | 29 | $12.4 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 6 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Other: "INVESTMENT MANAGEMENT THROUGH SPONSORED WRAP PROGRAMS"
- 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)
- Other: "INVESTMENT MANAGEMENT THROUGH SPONSORED WRAP PROGRAMS"
Assets and accounts
- Regulatory assets$104.5 billion
- Accounts245
- DiscretionaryAll accounts
People
- Employees212
- Advisory staff37
- Broker-dealer reps64
- Licensed insurance agents0
- Planning clients0
Registration details
- SEC-registered investment advisor. CRD 107173, SEC file 801-20303.
- Registered with the SEC as an investment advisor (status date on record: December 27, 1983).
Is RBC Global Asset Management (U.S.) Inc. a fiduciary?
Short answer: RBC Global Asset Management (U.S.) 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: 64 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 has a related insurance company or agency.
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.