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MFWire: First American Funds
MUTUAL FUND FAMILY PROFILES [BETA]
To Update this information contact Editors@InvestmentWires.com or call Armie Lee at 212-331-8995 x111.

U.S. Bancorp Asset Management
800 Nicollet Mall
Minneapolis, MN  55402-7020
Google Maps

Contact
Main Phone: 612-303-3381
Web Site: http://www.firstamericanfunds.com/

Mutual Fund Brand(s)
First American Funds

Research Links
  • SEC Fund Filings by CIK

  • Background:
    U.S. Bancorp Asset Management, Inc. is the advisor to FAF Funds money market and short-term fixed income funds owned by U.S. Bancorp.

    Nuveen Sale
    On July 29, 2010, Nuveen [profile] purchased U.S. Bancorp's long-term mutual fund assets that carried the FAF Advisors brand for $80 million and a 9.5 percent stake in Nuveen. U.S. Bancorp retained control of the FAF money market funds.

    FAF Advisors, the investment advisor to the remaining FAF Funds rebranded as U.S. Bancorp Asset Management, Inc. after the sale.
    Sponsored Opportunities



    Key People:
    Eric Thole
    President and CEO, U.S. Bancorp Asset Management
    Lou Martine
    Head of Distribution, U.S. Bancorp Asset Management
    Jim Palmer
    Head of Investments, FAF Funds
    Ruth Mayr
    Chief Compliance Officer, U.S. Bancorp Asset Management
    Rick Ertel
    General Counsel, U.S. Bancorp Asset Management
    Ken Delecki
    Head of Securities Lending, U.S. Bancorp Asset Management
    Joseph Ulrey
    Retired CEO, U.S. Bancorp Asset Management, President First American Funds,
    Carol Sinn
    Senior Business Line Risk Manager, U.S. Bancorp Asset Management
    Jeff Hyde
    Finance Director, U.S. Bancorp Asset Management
    Story Archive for U.S. Bancorp Asset Management
    Published On Story Headline Publication
    5/30/2025 Monthly Outflows Jump By $41B MFWire.com
    11/29/2024 Goldman Pulls Ahead With $21B, But Industry Inflows Slow MFWire.com
    3/27/2024 Schwab Pulls Ahead With $10.4B MFWire.com
    11/28/2022 Goldman Leads With $22B MFWire.com
    10/26/2022 With $17B, Schwab Leads Again MFWire.com
    8/24/2022 Money Funds Rake In $29B MFWire.com
    6/25/2018 Week In Preview, June 25-July 1 MFWire.com
    7/11/2017 Follow the Fundsters - July 11, 2017 MFWire.com
    5/5/2017 ICI GMM 2017 Wrap Up MFWire.com
    10/5/2016 Filings for Fundsters - October 5, 2016 MFWire.com
    1/3/2011 Two Mutual Fund Families Walk Down the Aisle on New Year's Eve MFWire.com
    7/29/2010 Nuveen Cracks the Top 40 with its FAF Deal MFWire.com
    7/29/2010 A Midwest Fund Firm is Sold MFWire.com
    7/21/2010 First American Funds Lowers Sales Charges on a Pair of Funds MFWire.com
    2/3/2010 Putnam, T. Rowe and Aberdeen Top a List of Best Fund Families MFWire.com
    12/23/2009 FAF is on the Hunt to Fill a Sales Management Post MFWire.com
    11/30/2009 B Shares' Plight Attracts the WSJ's Attention MFWire.com
    8/7/2009 Thornburg Drops a Trio of B Shares MFWire.com
    6/9/2009 First American Jettisons B Shares in Five of its Funds MFWire.com
    3/27/2009 First American Plans to Merge Two Funds and Tweak Another MFWire.com
    12/8/2008 First American Taps a New 401k Sales Head 401kWire.com
    10/30/2008 New IRS Regs Drive Another Fund Firm Out of 403bs 401kWire.com
    10/2/2008 WSJ Posts List of Money Fund Guarantee Participants MFWire.com
    9/17/2008 UPDATE 1 | Shrapnel From Lehman Implosion Hits Bent and Co. MFWire.com
    9/5/2008 Industry Trade Group Comes Out Against Money Fund Rule MFWire.com
    8/29/2008 Money-Fund Directors Slam Proposed Credit Rule Change MFWire.com
    7/9/2008 FAF Makes Sub-Advisor Switch MFWire.com
    7/1/2008 First American Takes its Global Infrastructure Fund to the Masses MFWire.com
    5/22/2008 First American Funds Taps a New Distribution King MFWire.com
    4/4/2008 Two More Fund Firms to Ax B Shares MFWire.com
    8/2/2007 First American Adds Three Quant Funds MFWire.com
    11/2/2006 Midwest Provider Increases Investment Options 401kWire.com
    3/22/2006 Oppenheimer, Gartmore Families Win Lipper 2006 Overall Awards MFWire.com
    2/22/2006 U.S. Bancorp Adopts a New Brand MFWire.com
    9/14/2005 Fido Ramps up Advisor-Sold Effort 401kWire.com
    8/2/2005 U.S. Bancorp Makes Sales Push MFWire.com
    4/19/2005 AEFA Battles State Regulators MFWire
    3/23/2005 Fund Firms Leak Account Numbers MFWire.com
    3/3/2005 Franklin Advisors Loses CCO to US Bancorp MFWire.com
    9/27/2004 Boston Company, JPMorgan Land Subadvisory Contracts MFWire.com
    8/26/2004 Grocer Coop Picks U.S. Bank for DC Plan 401kWire.com
    7/7/2004 Bank Fund Firm Offers R-Shares 401kWire.com
    4/26/2004 Which Funds Best Comply with Fiduciary Standards? 401kWire.com
    2/25/2003 Status Quo for US Bancorp Funds MFWire.com
    2/5/2003 First American Renames Slate of Funds MFWire.com
    12/19/2002 US Bankcorp Names Marketer MFWire.com
    10/10/2002 Bank Recruits Manager to Bolster Partnerships MFWire.com
    5/17/2002 First American Finalizes Mergers MFWire.com
    4/10/2002 Bank Taps e401k for SoloK 401kWire.com
    3/28/2002 US Bancorp Creates Distribution Ties MFWire.com
    9/17/2001 A Conference Put on Hold MFWire.com
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