Voyageur Asset Management, Inc. (Minneapolis)

Voyageur Asset Management, Inc. is a large advisory firm based in Minneapolis. It manages $14.21 billion of regulatory assets for 420 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 46 other states.

Voyageur Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Voyageur Asset Management: assets under management

The assets under management (AUM) of Voyageur Asset Management, Inc. is $14.21 billion. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $12.44 billion in discretionary accounts and $1.77 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $32.16 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $53.64 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Voyageur Asset Management, Inc. 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 Voyageur Asset Management, Inc.

John Christopher Appel has been acting as President since 1 Jan 1985. James Frederick Mccain joined the executive team most recently as the Compliance Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dain Rauscher Corporation	Shareholder	1 Sep 1983	75% - 100%	41-1228350
John Christopher Appel	Director	1 Jan 1985	Other	1615721
Irving Weiser	Director	1 Jan 1995	Other	1522347
Daniel Joseph Collins	Cfo	1 Dec 2000	Other	4220092
Louis Vincent Nanne	Sr managing director, nat'l sales mgr	1 Dec 2000	Other	2156122
John Godfrey Taft	Director and ceo	1 Dec 2000	Other	1007933
Jennifer Ann Lammers	Compliance officer	1 Dec 2000	Other	3249095
James Frederick Mccain	Compliance manager	1 Apr 2001	Other	2668895

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Royal Bank Of Canada	Parent company	1 Jan 2001	75% - 100%	13-5357855
Rbc Holdings (Usa) Inc.	Indirect owner	1 Jan 2001	75% - 100%	13-3237290

Based in Minneapolis

The principal office where Voyageur Asset Management, Inc. performs its advisory services is located at 90 S 7 Th Street, Ste 4300, Minneapolis, MN 55402 4115, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 612-376-7000 or by fax 612-376-7157. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday.