Usaa Federal Savings Bank (San Antonio)

Name: Usaa Federal Savings Bank
Address: 10750 Mcdermott Freeway, San Antonio, TX, 78288
Telephone: 210-498-6001

Usaa Federal Savings Bank is a large advisory firm based in San Antonio. It manages $605.17 million of regulatory assets for 650 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

Usaa Federal Savings Bank provides portfolio management for individuals and small businesses and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Usaa Federal Savings Bank: assets under management

The assets under management (AUM) of Usaa Federal Savings Bank is $605.17 million. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $378.03 million in discretionary accounts and $227.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $584.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $75.71 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Usaa Federal Savings Bank for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Usaa Federal Savings Bank

Robert George Davis has been acting as President since 1 Jan 1997. Alfred Anthony Valenzuela joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
United Services Automobile Association (Usaa) (Parent Of Usaa Capital Corp.)	(indirect) shareholder	1 Dec 1983	Other	74-0959140
James Edward Olsson	Director	1 Nov 1984	Other	4361972
Judy Kay Mccormick	Vice president	1 Oct 1985	Other	4362006
Michael Joseph Broker	Vice president	1 Jun 1987	Other	4361988
Rosemary Martinez Elizalde	Senior vice president - sr. financial officer/treasurer	1 Dec 1987	Other	4361985
David Earl Kumpe	Assistant vice president-bank counsel	1 Jul 1991	Other	4362076
Usaa Capital Corp. (Parent Of Usaa Federal Savings Bank)	Shareholder	1 Jan 1993	Other	51-0291843
David Maurice Robinson	Director	1 Mar 1993	Other	4361977
Jane Bosma Phipps	Director	1 Nov 1993	Other	4361974
Carlos Rene Montemayor	Director	1 Nov 1994	Other	4361967
Arthur Rojas Emerson	Director	1 Feb 1995	Other	4361962
Mark Henry Wright	Director, president, ceo	1 Sep 1995	Other	2734001
Carryl Seaman Joseph	Senior vice president	1 Feb 1996	Other	4361979
David Sharman	Vice president - sr. trust officer	1 Apr 1996	Other	2400802
Robert George Davis	Chairman/director	1 Jan 1997	Other	2798031
David Earl Kumpe	Assistant vice president-bank counsel, senior trust officer	1 Jul 2001	Other	4362076
Robert Reneau Taylor	Senior vice president	1 Apr 2002	Other	4361992
Michael Albert Luby	Senior vice president, operations	1 Jul 2002	Other	4646165
Susan Louise Dick	Vice president & senior trust officer	1 Sep 2003	Other	1881516
Steven Alan Bennett	Senior vice president, banking counsel	1 Sep 2003	Other	4753098
Mark Andrew Ferguson	Chief compliance officer	1 Oct 2004	Other	4865572
Ron Digiacomo	Senior vice president, general counsel & secretary	1 Nov 2004	Other	5011943
Mark Henry Wright	Director & chairman of the board, president, ceo	1 Dec 2004	Other	2734001
Robert George Davis	Director & chairman of the board	1 Aug 2005	Other	2798031
Fritz David Bohne	Vice president, senior financial officer & treasurer	1 Sep 2005	Other	5077671
Michael Albert Luby	President, ceo & director	1 Oct 2005	Other	4646165
Alfred Anthony Valenzuela	Director	1 Jun 2006	Other	5175833

Based in San Antonio

The principal office where Usaa Federal Savings Bank performs its advisory services is located at 10750 Mcdermott Freeway, San Antonio, TX 78288, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 210-498-6001 or by fax 210-498-3207. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at usaa.com.