{"url":"https://nivawealth.com/firms/rbc-global-asset-management-u-s-107173","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/107173","regulatoryAum":104487615868,"crd":"107173","secFileNumber":"801-20303","legalName":"RBC Global Asset Management (u.s.) Inc.","displayName":"RBC Global Asset Management (u.s.)","website":null,"linkedinUrl":"https://www.linkedin.com/company/rbc-global-asset-management/","founded":null,"organization":"Minnesota corporation","fiscalYearEnd":"October","headquarters":{"street":"250 Nicollet Mall, Suite 1550","city":"Minneapolis","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55401-7585"},"tradeNames":["RBC Bluebay"],"registration":{"secApproved":"27 December 1983","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":212,"advisory":37,"brokerDealerReps":64,"insuranceAgents":0,"promoters":3},"aum":{"discretionary":104487615868,"discretionaryAccounts":245,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":62915070,"nonUsClientsPct":36,"nonAumClients":5},"clientTypes":[{"label":"Individuals (other than HNW)","clients":69,"regulatoryAum":62915070},{"label":"High-net-worth individuals","clients":3,"regulatoryAum":21498738},{"label":"Investment companies","clients":13,"regulatoryAum":29417492848},{"label":"Pooled investment vehicles","clients":74,"regulatoryAum":41955969404},{"label":"Pension and profit-sharing plans","clients":18,"regulatoryAum":4674917377},{"label":"Charitable organizations","clients":2,"regulatoryAum":170581657},{"label":"State or municipal government entities","clients":31,"regulatoryAum":12920025945},{"label":"Other investment advisers","clients":2,"regulatoryAum":593198185},{"label":"Insurance companies","clients":3,"regulatoryAum":1407527753},{"label":"Sovereign wealth funds and foreign official institutions","clients":1,"regulatoryAum":902995348},{"label":"Corporations and other businesses","clients":29,"regulatoryAum":12360493543}],"fees":[],"feeNotes":[],"custodians":[{"name":"U.S. Bank National Association","shortName":"U.S. Bank National Association","location":"Cincinnati, OH","smaAssets":8611692457},{"name":"Jpmorgan Chase Bank, National Association","shortName":"J.P. Morgan","location":"Columbus, OH","smaAssets":8829214117},{"name":"State Street Bank and Trust","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":4614004861}],"custodyNote":"RBC Global Asset Management (u.s.) has custody of $5.68B for 80 clients.","otherCustodians":[],"leadership":[{"name":"Donald Sanya","title":"Director, Chief Executive Officer","crd":"5837159"},{"name":"Brandon Lew","title":"President, Chief Financial Officer","crd":"5047196"},{"name":"Jessica Rausch","title":"Chief Operating Officer","crd":"5934338"},{"name":"Christina Weber","title":"Chief Compliance Officer","crd":"6041124"},{"name":"Pan Gao","title":"Director","crd":"6236221"},{"name":"Biswajit Mukerji","title":"Director","crd":"7968532"},{"name":"Vikesh Nemani","title":"Director","crd":"3072086"},{"name":"Wlodzimierz Skiba","title":"Director","crd":"4603176"},{"name":"Damon Williams","title":"Director","crd":"5530176"}],"ownership":[{"label":"RBC USA Holdco Corporation","detail":"Direct owner in the 75% or more ownership band and a control person, since November 2010."},{"label":"Royal Bank of Canada","detail":"Indirect owner: a ultimate owner of RBC USA Holdco Corporation in the 75% or more band and a control person, since November 2010.","parent":"RBC USA Holdco Corporation"},{"label":"RBC US Group Holdings LLC","detail":"Indirect owner: a direct owner of RBC USA Holdco Corporation in the 75% or more band and a control person, since June 2018.","parent":"RBC USA Holdco Corporation"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"750 Washington BLVD","city":"Stamford"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"227 West Monroe","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"225 Franklin Street","city":"Boston"}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"250 Nicollet Mall, Suite 1550","city":"Minneapolis","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"612-376-7000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["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 advisers (including private fund managers)","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"U.S. government/agency bonds","percent":29},{"label":"U.S. state and local bonds","percent":1},{"label":"Sovereign bonds","percent":3},{"label":"Investment grade corporate bonds","percent":40},{"label":"Non-investment grade corporate bonds","percent":14},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":2},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":5,"detail":"Money Market and Securitized Assets"}],"privateFunds":14},"sources":{"adv1FilingDate":"21 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/107173/PDF/107173.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does RBC Global Asset Management (u.s.) have?","answer":"RBC Global Asset Management (u.s.) has 245 clients and manages $104.5 billion for them, as of May 2026. They include 74 pooled investment vehicles, 69 other individuals and 31 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does RBC Global Asset Management (u.s.) offer?","answer":"RBC Global Asset Management (u.s.) provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does RBC Global Asset Management (u.s.) use?","answer":"RBC Global Asset Management (u.s.)’s separately managed account assets are held at Jpmorgan Chase Bank, National Association (Columbus, OH), with $8,829,214,117, U.S. Bank National Association (Cincinnati, OH), with $8,611,692,457 and State Street Bank and Trust (Boston, MA), with $4,614,004,861. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does RBC Global Asset Management (u.s.) have?","answer":"RBC Global Asset Management (u.s.) has 0 investment adviser representatives registered with state securities authorities, out of 212 employees, and 37 perform investment advisory functions. 64 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does RBC Global Asset Management (u.s.) invest in?","answer":"At the end of its last fiscal year, RBC Global Asset Management (u.s.)’s separately managed accounts held 40% investment grade corporate bonds, 29% U.S. government and agency bonds, 14% high-yield corporate bonds, 5% exchange-traded equities, 5% money market and securitized assets, 3% sovereign bonds, 3% cash and equivalents, 2% pooled vehicles (private funds and similar) and 1% state and local bonds. It advises 14 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns RBC Global Asset Management (u.s.)?","answer":"RBC Global Asset Management (u.s.) is owned through a holding company by Royal Bank of Canada and RBC US Group Holdings LLC. Its direct owner is RBC USA Holdco Corporation (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does RBC Global Asset Management (u.s.) get paid?","answer":"RBC Global Asset Management (u.s.) is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}