US Asset Management provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
US Asset Management reports 48 clients. They include 30 state or municipal government entities, 11 pension and profit-sharing plans, and 7 high-net-worth individuals. Of its assets, 95.3% ($342M across 38 accounts) are managed with discretion; $16.9M across 11 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | 0% |
| High-net-worth individuals | 15% | 3% |
| Banking or thrift institutions | Fewer than 5 | 0% |
| Pension and profit-sharing plans | 23% | 5% |
| Charitable organizations | Fewer than 5 | 0% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses; Other | 63% | 93% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | $0 | 0.0% | — |
| High-net-worth individuals | 7 | $9.28M | 2.6% | $1.33M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | 11 | $16.9M | 4.7% | $1.54M |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | 30 | $290M | 81.0% | $9.68M |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $0 | 0.0% | — |
| Other | Fewer than 5 | $41.9M | 11.7% | — |
| Total | 48 | $358M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $9.28M
- AUM share
- 2.6%
- Avg. per client
- $1.33M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 11
- Regulatory AUM
- $16.9M
- AUM share
- 4.7%
- Avg. per client
- $1.54M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 30
- Regulatory AUM
- $290M
- AUM share
- 81.0%
- Avg. per client
- $9.68M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $41.9M
- AUM share
- 11.7%
- Avg. per client
- —
Total
- Clients
- 48
- Regulatory AUM
- $358M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
US Asset Management is paid through a percentage of assets under management and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Emery Levick owns 75% or more of US Asset Management. The leadership team of US Asset Management includes Chief Compliance Officer Michael Flaherty. It has 6 employees, 4 of them in advisory roles.
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 soliciting firm
- Owns 75% or more of US Asset Management, LLC
Emery Levick
Control person · since June 2010
US Asset Management’s regulatory assets grew from $253M (March 2021) to $358M (March 2026); clients rose from 25 to 48 and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $358M | 48 | 6 | 1 |
| Apr 2025April 2025 | $321M | 42 | 5 | 1 |
| Mar 2024March 2024 | $467M | 45 | 6 | 1 |
| Mar 2023March 2023 | $395M | 38 | 4 | 1 |
| May 2022May 2022 | $275M | 25 | 4 | 1 |
| Mar 2021March 2021 | $253M | 25 | 6 | 1 |
Besides its headquarters, US Asset Management has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 211 N. Whitfield Street, Suite 201, PittsburghHQ
Contact and registration details
- Legal name
- US Asset Management, LLC
- Headquarters
- 211 N. Whitfield Street, Suite 201, Pittsburgh, PA 15206-3030
- Website
- usasset.net
- Phone
- 412-231-8209
- SEC file
- 801-61680
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
US Asset Management’s named custodian for separately managed accounts is M&T Bank ($246M). US Asset Management does not have custody of client assets.
- M&T BankM&T Bank · Buffalo, NY · $246M100%
At year end, US Asset Management’s separately managed accounts were largely in stocks (42%) and funds (25%). Its reported 13F holdings for the quarter ended 30 June 2026 total $131M across 112 positions; the largest are Apple Inc. (8.0%), Nvidia Corp. (7.9%) and Alphabet Inc.- A (5.9%).
What the accounts hold
- Stocks42%
- Funds25%
- Pooled vehicles18%
- Registered funds7%
- Bonds9%
- U.S. government and agency bonds6%
- State and local bonds2%
- Investment grade corporate bonds1%
- Cash7%
- Other17%
- Us asset managed collective trusts, structured notes, 401(k) and 457(b) plans17%
How many clients does US Asset Management have?
US Asset Management has 48 clients and manages $358 million for them, as of March 2026. They include 30 state or municipal government entities, 11 pension and profit-sharing plans, and 7 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 March 2026
What services does US Asset Management offer?
US Asset Management provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does US Asset Management use?
US Asset Management’s separately managed account assets are held at M&T Bank (Buffalo, NY), with $246M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 March 2026
How many financial advisors does US Asset Management have?
US Asset Management has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does US Asset Management invest in?
At the end of its last fiscal year, US Asset Management’s separately managed accounts held 42% exchange-traded equities, 18% pooled vehicles (private funds and similar), 17% other, 7% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents, 6% U.S. government and agency bonds, 2% state and local bonds and 1% investment grade corporate bonds. The 17% other category is described as: US Asset Managed Collective Trusts, Structured Notes, 401(k) and 457(b) Plans.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns US Asset Management?
US Asset Management’s direct owner is Emery Levick (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 5 March 2026
How does US Asset Management get paid?
US Asset Management is paid through a percentage of assets under management and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact US Asset Management?
US Asset Management’s main office is at 211 N. Whitfield Street, Suite 201, Pittsburgh, PA 15206-3030. Its phone number is 412-231-8209. Its website is usasset.net.