Rbc Global Asset Management (U.S.) Inc.
- Regulatory AUM
- $104B
- Discretionary
- $104B
- Clients
- 245
- Avg AUM / client
- $426M
- Accounts
- 245
- Employees
- 212
AUM over time
Annual snapshots from Form ADV filings · as of May 21, 2026
Asset allocation (SMA assets by investment type)
as of May 21, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 69 | $62.9M | 0.06% |
| High net worth individuals | 3 | $21.5M | 0.02% |
| Banking or thrift institutions | 0 | $0 | — |
| Investment companies | 13 | $29.4B | 28.2% |
| Pooled investment vehicles (non-investment companies) | 74 | $42.0B | 40.2% |
| Pension and profit sharing plans | 18 | $4.7B | 4.47% |
| Charitable organizations | 2 | $171M | 0.16% |
| State or municipal government entities | 31 | $12.9B | 12.4% |
| Other investment advisers | 2 | $593M | 0.57% |
| Insurance companies | 3 | $1.4B | 1.35% |
| Sovereign wealth funds and foreign official institutions | 1 | $903M | 0.86% |
| Corporations and other businesses | 29 | $12.4B | 11.8% |
Private funds (12)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $5.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Emerging Markets Equity Series Of Global Asset Management Strategies, Llc | Other Private Fund | Delaware | $2.4B | 46 |
| Bbam Us Clo Iii, Ltd. | Securitized Asset Fund | Cayman Islands | $586M | 1 |
| International Equity Fund | Other Private Fund | Massachusetts | $501M | 37 |
| Global Funds Spc Total Return Credit Sp | Other Private Fund | Cayman Islands | $469M | 4 |
| Bbam Us Clo Ii, Ltd. | Securitized Asset Fund | Cayman Islands | $422M | 1 |
| Bbam Us Clo I, Ltd. | Securitized Asset Fund | Cayman Islands | $416M | 1 |
| Global Funds Spc Emerging Market Select Bond Sp | Hedge Fund | Cayman Islands | $196M | 3 |
| Global Funds Spc Emerging Market Long Duration Credit Fund Sp | Hedge Fund | Cayman Islands | $101M | 1 |
| Global Equity Leaders Series Of Global Asset Management Strategies, Llc | Other Private Fund | Delaware | $57.8M | 2 |
| Leo Funding I Limited | Securitized Asset Fund | Cayman Islands | $54.0M | 1 |
| Fossil Fuel Free Series Of Global Asset Management Strategies, Llc | Other Private Fund | Delaware | $38.3M | 4 |
| Global Equity Series Of Global Asset Management Strategies, Llc | Other Private Fund | Delaware | $13.9M | 2 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Elevator Division Retirement Benefit Plan Board Of Trustees Elevator Division Retirement Plan | Long Island City, NY | 2024 |
| Tuscaloosa Plumbers & Steamfitters Local 372 Pension Plan Tuscaloosa Plumbers & Steamfitters Local 372 Pension Plan | Tuscaloosa, AL | 2024 |
| Laborers Local 754 Pension Plan Trustees Of Laborers Local 754 Pension Plan | 2024 | |
| 32 Bj School Workers Pension Fund Board Of Trustees Of The 32 Bj School Workers Pension Fund | 2024 | |
| B.A.C. Local No. 3 Pension Plan Board Of Trustees, B.A.C. Local No. 3 Pension Trust | 2024 | |
| B.A.C. Local No. 3 Defined Contribution Pension Plan Board Of Trustees, B.A.C. Local 3 Pension Trust Fund | 2024 | |
| Sheet Metal Workers Pension Fund Of Local Union No. 19 Sheet Metal Workers Pension Fund Of Local Union | 2024 | |
| Eskridge Auto Group Profit Sharing Plan Eskridge Auto Group, Inc. | 2024 | |
| Retirement Security Plan National Rural Electric Cooperative Association | Arlington, VA | 2024 |
| Bac Local No. 1 Washington Pension Trust Bac Local No. 1 Washington Pension Trust | 2024 | |
| Apartment Employees' Pension Trust Apartment Employees' Pension Trust | 2024 | |
| Florida Trowel Trades Pension Trust Fund Florida Trowel Trades Pension Trust Fund | 2024 | |
| Iron Workers Locals 40, 361 & 417 Pension Fund Board Of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund | 2024 | |
| Minnesota Bakers Union Pension Plan Minnesota Bakers Union Pension Plan | 2024 | |
| Consolidated Edison Retirement Plan Consolidated Edison Company Of New York, Inc. | 2024 | |
| National Electrical Benefit Fund Trustees Of The National Electrical Benefit Fund | 2024 | |
| National Electrical Annuity Plan Trustees Of The National Electrical Annuity Plan | 2024 | |
| Sheet Metal Workers Local Union No. 28 Pension Fund Board Of Trustees Of Smw Lu No. 28 Pension Fund | 2024 | |
| Teamsters Employers Local 945 Pension Fund Board Of Trustees Teamsters Local 945 Pension Fund | 2024 | |
| Metal Lathers Local 46 Pension Fund Board Of Trustees Of Metal Lathers Local 46 Pension Fund | Woodside, NY | 2024 |
| Pension Fund Of Heat And Frost Insulators Local 12 Board Of Trustees Pension Fund Of Heat And Frost Insulators Local 12 | 2024 | |
| North Central States Regional Council Of Carpenters Pension Fund Joint Board Of Trustees Of North Central States Regional Council Of | 2024 |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Williams, Damon, Grant | Director | Jan 2013 (14y) | Less than 5% | |
| Weber, Christina, Marie | Chief Compliance Officer | Jun 2018 (8y) | Less than 5% | |
| Chung Mclean, Yonette, Beverly | Director | Aug 2019 (7y) | Less than 5% | |
| Moonsammy, Byrn, N | Chief Financial Officer | Nov 2020 (6y) | Less than 5% | |
| Skiba, Wlodzimierz, Andrzej | Director | Nov 2021 (5y) | Less than 5% | |
| Nemani, Vikesh | Director | Apr 2022 (4y) | Less than 5% | |
| Lew, Brandon, Daniel | President, Director | Aug 2024 (2y) | Less than 5% | |
| Mukerji, Biswajit | Director | Aug 2024 (2y) | Less than 5% | |
| Rausch, Jessica, Lynn | Chief Operating Officer | Aug 2024 (2y) | Less than 5% | |
| Sanya, Donald, Elijah | Chief Executive Officer, Director | Aug 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Rbc Usa Holdco Corporation | Direct Owner | Nov 2010 | A | 75% or more |
| Royal Bank Of Canada | Ultimate Owner | Nov 2010 | B | ≈ 56.25% – 100% via Rbc Usa Holdco Corporation |
| Rbc Us Group Holdings Llc | Direct Owner | Jun 2018 | B | ≈ 56.25% – 100% via Rbc Usa Holdco Corporation |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Royal Bank Of Canada: 75% – 100% of Rbc Usa Holdco Corporation × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Rbc Us Group Holdings Llc: 75% – 100% of Rbc Usa Holdco Corporation × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (12, $5.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Emerging Markets Equity Series Of Global Asset Management Strategies, Llc | Other Private Fund | $2.4B | $10.0M | 46 |
| Bbam Us Clo Iii, Ltd. | Securitized Asset Fund | $586M | $250K | 1 |
| International Equity Fund | Other Private Fund | $501M | $3.0M | 37 |
| Global Funds Spc Total Return Credit Sp | Other Private Fund | $469M | $100K | 4 |
| Bbam Us Clo Ii, Ltd. | Securitized Asset Fund | $422M | $250K | 1 |
| Bbam Us Clo I, Ltd. | Securitized Asset Fund | $416M | $250K | 1 |
| Global Funds Spc Emerging Market Select Bond Sp | Hedge Fund | $196M | $100K | 3 |
| Global Funds Spc Emerging Market Long Duration Credit Fund Sp | Hedge Fund | $101M | $1.0M | 1 |
| Global Equity Leaders Series Of Global Asset Management Strategies, Llc | Other Private Fund | $57.8M | $10.0M | 2 |
| Leo Funding I Limited | Securitized Asset Fund | $54.0M | $50.0M | 1 |
| Fossil Fuel Free Series Of Global Asset Management Strategies, Llc | Other Private Fund | $38.3M | $10.0M | 4 |
| Global Equity Series Of Global Asset Management Strategies, Llc | Other Private Fund | $13.9M | $10.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (22)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Elevator Division Retirement Benefit Plan | Board Of Trustees Elevator Division Retirement Plan | 1,618 | $259M | 11/01/2024 |
| Tuscaloosa Plumbers & Steamfitters Local 372 Pension Plan | Tuscaloosa Plumbers & Steamfitters Local 372 Pension Plan | 223 | $69.3M | 07/01/2024 |
| Laborers Local 754 Pension Plan | Trustees Of Laborers Local 754 Pension Plan | 285 | $83.2M | 07/01/2024 |
| 32 Bj School Workers Pension Fund | Board Of Trustees Of The 32 Bj School Workers Pension Fund | 5,309 | $625M | 07/01/2024 |
| B.A.C. Local No. 3 Pension Plan | Board Of Trustees, B.A.C. Local No. 3 Pension Trust | 838 | $188M | 07/01/2024 |
| B.A.C. Local No. 3 Defined Contribution Pension Plan | Board Of Trustees, B.A.C. Local 3 Pension Trust Fund | 702 | $126M | 07/01/2024 |
| Sheet Metal Workers Pension Fund Of Local Union No. 19 | Sheet Metal Workers Pension Fund Of Local Union | 1,833 | $519M | 05/01/2024 |
| Eskridge Auto Group Profit Sharing Plan | Eskridge Auto Group, Inc. | 146 | $27.7M | 04/01/2024 |
| Retirement Security Plan | National Rural Electric Cooperative Association | 56,128 | $11.5B | 01/01/2024 |
| Bac Local No. 1 Washington Pension Trust | Bac Local No. 1 Washington Pension Trust | 737 | $163M | 01/01/2024 |
| Apartment Employees' Pension Trust | Apartment Employees' Pension Trust | 522 | $31.5M | 01/01/2024 |
| Florida Trowel Trades Pension Trust Fund | Florida Trowel Trades Pension Trust Fund | 527 | $57.2M | 01/01/2024 |
| Iron Workers Locals 40, 361 & 417 Pension Fund | Board Of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund | 1,826 | $729M | 01/01/2024 |
| Minnesota Bakers Union Pension Plan | Minnesota Bakers Union Pension Plan | 848 | $227M | 01/01/2024 |
| Consolidated Edison Retirement Plan | Consolidated Edison Company Of New York, Inc. | 10,314 | $15.6B | 01/01/2024 |
| National Electrical Benefit Fund | Trustees Of The National Electrical Benefit Fund | 343,794 | $20.4B | 01/01/2024 |
| National Electrical Annuity Plan | Trustees Of The National Electrical Annuity Plan | 89,789 | $18.1B | 01/01/2024 |
| Sheet Metal Workers Local Union No. 28 Pension Fund | Board Of Trustees Of Smw Lu No. 28 Pension Fund | 1,989 | $364M | 01/01/2024 |
| Teamsters Employers Local 945 Pension Fund | Board Of Trustees Teamsters Local 945 Pension Fund | 385 | $100M | 01/01/2024 |
| Metal Lathers Local 46 Pension Fund | Board Of Trustees Of Metal Lathers Local 46 Pension Fund | 802 | $545M | 01/01/2024 |
| Pension Fund Of Heat And Frost Insulators Local 12 | Board Of Trustees Pension Fund Of Heat And Frost Insulators Local 12 | 391 | $155M | 01/01/2024 |
| North Central States Regional Council Of Carpenters Pension Fund | Joint Board Of Trustees Of North Central States Regional Council Of | 7,316 | $1.8B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/21/2026 | 4.51 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ROYAL BANK OF CANADA IS ALLEGED TO HAVE VIOLATED SECTION 4C(A) OF THE COMMODITY EXCHANGE ACT, AND COMMISSION REGULATION 1.38(A), BY KNOWINGLY ENTERING INTO PURCHASES AND SALES OF SINGLE STOCK FUTURES AND NARROW-BASED INDEX FUTURES CONTRACTS OPPOSITE ITS SUBSIDIARIES WITH THE EXPRESS OR IMPLIED UNDERSTANDING THAT THE POSITION WOULD BE OFFSET OR DELIVERED OPPOSITE EACH OTHER. Status: Final Summary: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT VIOLATED SECTION 4C(A) OF THE COMMODITY EXCHANGE ACT, AND COMMISSION REGULATION 1.38(A), BY KNOWINGLY ENTERING INTO PURCHASES AND SALES OF SINGLE STOCK FUTURES AND NARROW-BASED INDEX FUTURES CONTRACTS OPPOSITE ITS SUBSIDIARIES WITH THE EXPRESS OR IMPLIED UNDERSTANDING THAT THE POSITIONS WOULD BE OFFSET OR DELIVERED OPPOSITE EACH OTHER; THEREFORE THE FIRM IS FINED $35,000,000.00 AND IS PERMANENTLY PERMANENTLY RESTRAINED, ENJOINED, AND PROHIBITED FROM DIRECTLY OR INDIRECTLY ENTERING INTO OR CONFIRMING THE EXECUTION OF A TRANSACTION THAT IS, IS OF THE CHARACTER OF, OR IS COMMONLY KNOWN TO THE TRADE AS A WASH SALE, OR IS A FICTITIOUS SALE. THE FIRM IS ALSO PERMANENTLY RESTRAINED, ENJOINED, AND PROHIBITED FROM DIRECTLY OR INDIRECTLY EXECUTING ANY NONCOMPETITIVE TRANSACTION.
Allegations: FAILURE TO HAVE SUFFICIENT SUPERVISION AND CONTROLS IN ITS FX TRADING BUSINESS. Status: Final Sanction Detail: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS. Summary: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS.
Allegations: FAILURE TO MAKE AND KEEP BOOKS, RECORDS, AND ACCOUNTS, WHICH, IN REASONABLE DETAIL, ACCURATELY AND FAIRLY REFLECT THE TRANSACTIONS AND DISPOSITIONS OF THE ASSETS OF THE ISSUER. FAILURE TO DEVISE AND MAINTAIN A SYSTEM OF INTERNAL ACCOUNT CONTROLS SUFFICIENT TO PROVIDE REASONABLE ASSURANCE THAT TRANSACTIONS ARE RECORDED TO PERMIT PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. Status: Final Sanction Detail: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE ENTRY OF THE ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS AND IMPOSING A CEASE-AND-DESIST ORDER Summary: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE ENTRY OF THE ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS AND IMPOSING A CEASE-AND-DESIST ORDER
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- J.P. Morgan $8.8B (8% of AUM) May 2026
- U.S. Bank $8.6B (8% of AUM) May 2026
- State Street $4.6B (4% of AUM) May 2026
- BNY Mellon $3.0B (4% of AUM) Oct 2025
- Comerica Bank Trust National Association $2.6B (3% of AUM) Aug 2024
- Wells Fargo $1.6B (4% of AUM) Nov 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 21, 2026.
View current Form ADV (SEC/IAPD) ↗