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.
Sit Fixed Income Advisors II, LLC
Minneapolis, MN
CRD 108271
Firm filing updated June 22, 2026 ·
- $15BAssets
- 35Advisory staff
- 158Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Charities31
- Pooled vehicles24
- Insurance companies23
- High net worth individuals15
- Pension and profit sharing plans8
- and 3 more14
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | Fewer than 5 clients | $0 |
| High net worth individuals | 15 | $248.4 million |
| Banking or thrift institutions | Fewer than 5 clients | $0 |
| Investment companies | 1 | $587.7 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 24 | $1.4 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $1.6 billion |
| Charitable organizations | 31 | $4.2 billion |
| State or municipal government entities (including government pension plans) | 6 | $1.9 billion |
| Other investment advisors | Fewer than 5 clients | $0 |
| Insurance companies | 23 | $4.8 billion |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $0 |
| Corporations or other businesses not listed above | 7 | $223.2 million |
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 4 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- 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
Assets and accounts
- Regulatory assets$15.0 billion
- Accounts158
- Discretionary$14.8 billion · 155 accounts
- Non-discretionary$139.2 million · 3 accounts
People
- Employees73
- Advisory staff35
- Broker-dealer reps0
- Licensed insurance agents0
Registration details
- SEC-registered investment advisor. CRD 108271, SEC file 801-55201.
- Registered with the SEC as an investment advisor (status date on record: January 27, 1998).
Is Sit Fixed Income Advisors II, LLC a fiduciary?
Short answer: Sit Fixed Income Advisors II, LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
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.