U.S. Bancorp Piper Jaffray Inc. (Minneapolis)


U.S. Bancorp Piper Jaffray Inc. is a large advisory firm based in Minneapolis. It manages $2.07 billion of regulatory assets for 12,796 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 42 other states.

U.S. Bancorp Piper Jaffray provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and security ratings or pricing services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

U.S. Bancorp Piper Jaffray: assets under management

The assets under management (AUM) of U.S. Bancorp Piper Jaffray Inc. is $2.07 billion. The firm's AUM has gone down by -86% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $391.57 million in discretionary accounts and $1.68 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $169.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $160.34 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay U.S. Bancorp Piper Jaffray Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at U.S. Bancorp Piper Jaffray Inc.

Daniel Charles Rohr has been acting as President since 1 May 1998. Joseph Daniel Fleming joined the executive team most recently as the Cco.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Andrew Scott Duff President, director, management committee, ceo 1 Jan 1996 Other 719526
Addison Lewis Piper Chairman of board, director, management committee 1 Jan 1996 Other 363930
Ross Eugene Rogers Management committee 1 Oct 1996 Other 842414
John Jeffrey Sagness Srop 1 Aug 1997 Other 2376215
U.S. Bancorp Piper Jaffray Companies Inc. Parent 1 May 1998 75% - 100% 41-1233380
Daniel Charles Rohr Director 1 May 1998 Other 3058367
Richard Alford Zona Director 1 May 1998 Other 3058385
Piper Jaffray Companies Parent 1 May 1998 75% - 100% 41-1233380
Richard Troy Chase Clo, secretary, management committee 1 Oct 1998 Other 2949113
Joseph Daniel Fleming Cco, crop 1 Mar 1999 Other 2093776
Paul Peter Karos Management committee 1 Jun 1999 Other 1315955
Sandra Gay Sponem Cfo, management committee 1 Aug 1999 Other 2271877
David Wood Maclennan Management committee 1 Sep 2000 Other 2025872
Brian John Ranallo Management committe 1 Jan 2001 Other 1763011
Thomas Stephen Jr Schreier Director, management committee 1 Jan 2001 Other 2801855
William Jeffrey Emptage Management committee 1 Jan 2001 Other xxx-xx-xxxx
James Louis Chosy Chief legal officer 1 Feb 2001 Other xxx-xx-xxxx
Sandra Gay Sponem Coo, cfo, management committee 1 Jun 2001 Other 2271877
Paul Donald Grangaard Management committee, director 1 Oct 2001 Other 1484814
James Louis Chosy Chief legal officer; management committee 1 May 2002 Other 2701516
Thomas Patrick Schnettler Management committee; director 1 May 2002 Other 1544445
Michael Dean Duffy Chief information officer; management committee 1 May 2002 Other 1368058
Barry Jon Nordstrand Director 1 May 2002 Other 1722653
Barry Jon Nordstrand Director; management committee 1 Aug 2002 Other 1722653
Inc. U.S. Bancorp Investments Shareholder 1 Mar 2003 Other 17868
Pamela L. Clayton Management committee 1 Apr 2003 Other 4668462
Robert Wayne Peterson Management committee 1 Apr 2003 Other 2441207
Pamela Lynn Clayton Management committee 1 Apr 2003 Other 4668462
Joseph Daniel Fleming Cco 1 Oct 2003 Other 2093776
Theresa Seto Alewine Crop 1 Oct 2003 Other 2741548

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
U.S. Bancorp Shareholder 1 May 1998 75% - 100% 41-0255900

Based in Minneapolis

The principal office where U.S. Bancorp Piper Jaffray Inc. performs its advisory services is located at 800 Nicollet Mall, Minneapolis, MN 55402, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-303-6000 or by fax 612/303-6295. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at piperjaffray.com.

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