Itau Usa Asset Management Inc.
- Regulatory AUM
- $9.3B
- Discretionary
- $9.3B
- Clients
- 63
- Avg AUM / client
- $147M
- Accounts
- 65
- Employees
- 26
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 16 | $102M | 1.1% |
| Pooled investment vehicles (non-investment companies) | 47 | $7.5B | 80.4% |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $1.7B | 18.5% |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Piper, William, Scott | Chief Investment Officer | Jun 2012 (14y) | Less than 5% | |
| Goodall, Kenneth Ray | Chief Compliance Officer | Sep 2018 (8y) | Less than 5% | |
| Duarte, Joan, Christine | Director | May 2021 (5y) | Less than 5% | |
| Salamonde, Carlos, Augusto | Director | May 2021 (5y) | Less than 5% | |
| Brantes, Fernando, Jose | Director | Mar 2024 (2y) | Less than 5% | |
| Dacosta, Maurice Michael | Chief Financial Officer | Mar 2024 (2y) | Less than 5% | |
| Mcclanan, Julia Chen | General Manager / Director | Mar 2024 (2y) | Less than 5% | |
| Penteado, Arlindo, De Souza | Director | Mar 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Itb Holding Brasil Participações Ltda | Shareholder | Dec 2016 | A | 75% or more |
| Itaú Unibanco Holding S.A. | Shareholder | Feb 2009 | B | ≈ 42.19% – 100% via Itaú Unibanco S.A. |
| Itaú Unibanco S.A. | Shareholder | Nov 2004 | B | ≈ 56.25% – 100% via Itb Holding Brasil Participações Ltda |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Itaú Unibanco Holding S.A.: 75% – 100% of Itaú Unibanco S.A. × 75% – 100% of Itb Holding Brasil Participações Ltda × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Itaú Unibanco S.A.: 75% – 100% of Itb Holding Brasil Participações Ltda × 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.36 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
- • Other fees
- • PAYMENT OF INDIRECT AND DIRECT EXPENSES +ADMINISTRATIVE FEE
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Citibank $1.4B (15% of AUM) Mar 2026
- J.P. Morgan $1.3B (16% of AUM) Mar 2022
- Hsbc Securities Services $347M (4% of AUM) Mar 2026
- State Street $309M (11% of AUM) Dec 2018
- Banco Itau (Suisse) S.A. $108M (4% of AUM) Dec 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗