FAF Advisors, Inc.Minneapolis, MN, United States

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FAF Advisors Company Description

Such an offspring makes a parent proud. A subsidiary of U.S. Bancorp, FAF Advisors (formerly U.S. Bancorp Asset Management) provides financial advisory, private asset management, and securities lending services. It is also the advisor to the First American Funds, a family of more than 40 mutual funds. The company has more than $100 billion of assets under management. FAF Advisors mainly serves institutional clients, overseeing portfolios for investors such as corporations, pension plans, insurance companies, government entities, and not-for-profit organizations. It also serves private clients. The company changed its name in 2006 to emphasize its connection with the First American Funds.

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The Company Description provides a historical perspective of FAF Advisors's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of FAF Advisors's evolution in the marketplace.

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