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

Name: U.S. Bancorp Piper Jaffray Inc.
Address: 800 Nicollet Mall, Minneapolis, MN, 55402
Telephone: 612-303-6000

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. 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 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.