Rreef America L.L.C. (Chicago)


Rreef America L.L.C. is a large advisory firm based in Chicago. It manages $27.25 billion of regulatory assets for 90 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Georgia, Illinois, and 6 other states.

Rreef America L.L.C provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Rreef America L.L.C: assets under management

The assets under management (AUM) of Rreef America L.L.C. is $27.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and $18.36 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $27.25 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $302.81 million each.
Rreef America L.L.C has custody of $31.22 billion in cash and securities for 23 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rreef America L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Rreef America L.L.C serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Rreef America L.L.C is pooled investment vehicles with 49 clients and $17.02 billion of assets under management. Among the 4 most similar advisory firms, Rreef America L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $24.51 billion for 83 clients. 42% of the firm’s clients are foreign persons or businesses.

Rreef America L.L.C also advises several private funds. Namely, one other private fund and two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Rreef America L.L.C.

The company employs 168 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Bryan Dejonge Chief financial officer 1 Mar 2007 Other 5303846
Pierre Cherki Global chief executive officer 1 Jul 2010 Other 5487591
Inc. Ropro U.S. Holding Managing member / owner 1 Dec 2010 75% - 100% 58-2364501
Jennifer Murphy Cattier Chief legal officer 1 Jan 2013 Other 4175467
Cattier Jennifer Chief legal officer 1 Jan 2013 Other 4175467
Michelle Sharon Goveia Chief compliance officer 1 Apr 2014 Other 2860014
Michael Raymond Luciano Chief operating officer 1 Apr 2014 Other 1660842
Berit Block Chief legal officer 1 Sep 2015 Other 6568747
Michael Joseph Gilligan Chief financial officer 1 Jan 2018 Other 2760911
Jonathan Philip Panek Chief legal officer 1 Nov 2018 Other 7065403

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Deutsche Bank Americas Holding Corp. Indirect owner 1 Apr 2002 75% - 100% 13-3645372
Db Usa Corporation Indirect owner 1 Apr 2002 75% - 100% 13-4060471
Deutsche Bank Ag Indirect owner 1 Apr 2002 75% - 100% 13-2944988
Deutsche Bank Americas Holding Corp. Shareholder 1 Nov 2016 75% - 100% 13-3645372
Deutsche Asset Management Usa Corporation Shareholder 1 Nov 2016 75% - 100% 81-4622928
Deutsche Asset Management Us Holding Corporation Shareholder 1 Aug 2017 75% - 100% 82-2196192
Deutsche Asset Management Usa Corporaton Shareholder 1 Aug 2017 75% - 100% 81-4622928
Deutsche Bank Ag Shareholder 1 Apr 2018 75% - 100% 13-2944988
Dws Group Gmbh & Co. Kgaa Shareholder 1 Apr 2018 75% - 100% foreign
Db Beteiligungs Holding Gmbh Shareholder 1 Apr 2018 75% - 100% foreign
Dws Usa Corporation Shareholder 1 May 2018 75% - 100% 82-2196192

Based in Chicago

The principal office where Rreef America L.L.C. performs its advisory services is located at 222 S. Riverside Plaza, Chicago, IL 60606, 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 312-537-7000. The normal business hours are 8:30 am - 5 pm on Monday - Friday. You can find more information about the New York firm at rreef.com.