Broker-dealer firm · Saint Paul, MN
U.S. Bancorp Advisors, LLC
SEC-registered investment adviser · CRD 14455 · SEC 801-70084
At a glance
U.S. Bancorp Advisors, LLC is an SEC-registered investment adviser based in Saint Paul, Minnesota, with $1.8 billion in regulatory assets under management as of its Form ADV filed September 25, 2026. Its largest client group by assets is individuals, and it reports 3,245 individual clients. By Form ADV it is a broker-dealer firm, ranked 139th of 391 broker-dealer firms and 3,861st of 17,210 SEC-registered advisers by assets.
Main office 800-888-4700As filed on Form ADV
- Regulatory AUM
- $1.8B
- Rank among broker-dealer firms
- #139 of 391
- Rank among all SEC RIAs
- #3,861 of 17,210
- Rank in Minnesota
- #60 of 276
- Individual clients
- 3,245
- High-net-worth clients
- 436
- Accounts
- 3,992
- Discretionary
- 94% of AUM
- Employees
- 379
- Advisory staff
- 141
- Offices
- 175
Owners and executives on its Form ADV
- Shane T TriplettManager
- Shannon Keith ClarkChief Financial Officer and Manager
- Kimberly Nicole FergusonPresident, Chief Executive Officer and Manager
- Eileen BejasaManager
- Kyle Norman SalstromChief Compliance Officer and Manager
- Carlos Alonso AriasManager
- Joel Ira FloumManager
- Eileen Renee MenacherManager
- Stephen Ward SteinerChief Operations Officer and Manager
- Matthew Ryan McCarthyChief Legal Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
U.S. Bancorp Advisors, LLC is a hybrid RIA: 274 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Btig, LLC, U.S. Bancorp Investments, Inc. and U.S. Bank National Association.
- Btig, LLC ↗CRD 122225
- U.S. Bancorp Investments, Inc. ↗CRD 17868
- U.S. Bank National Association
Its Form ADV brochure (filed July 2026) names U.S. Bancorp Investments as the broker-dealer its advisers are registered with.
Compensation for Client Referrals to USBI Registered representatives of USBI are eligible to receive compensation for referral of clients to USBA for brokerage or investment advisory services.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 2,809 | $1.1B | 62% |
| High-net-worth individuals | 436 | $567M | 32% |
| Corporations or other businesses | 73 | $84M | 5% |
| Pension and profit sharing plans | 25 | $26M | 1% |
| Charitable organizations | – | $2M | <1% |
Disciplinary disclosures
U.S. Bancorp Advisors, LLC answers yes to 14 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Other
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on U.S. Bancorp Advisors, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 104 peers of its type and size
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- Owners and executives, with titles and stakes
- 10 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 8Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does U.S. Bancorp Advisors, LLC manage?
U.S. Bancorp Advisors, LLC reports $1.8 billion in regulatory assets under management across 3,992 accounts, 94% of it on a discretionary basis, on its Form ADV filed September 25, 2026.
What kind of firm is U.S. Bancorp Advisors, LLC?
U.S. Bancorp Advisors, LLC is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are U.S. Bancorp Advisors, LLC’s clients?
By assets, its largest client types are individuals ($1.1 billion, 2,809 clients); high-net-worth individuals ($567 million, 436 clients); corporations or other businesses ($84 million, 73 clients).
Does U.S. Bancorp Advisors, LLC have any disciplinary history?
U.S. Bancorp Advisors, LLC answers yes to 14 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is U.S. Bancorp Advisors, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-25), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →