{
  "crd_number": 286438,
  "slug": "aegon-real-assets-us-cedar-rapids-ia-286438",
  "primary_business_name": "AEGON REAL ASSETS US",
  "legal_name": "AEGON USA REALTY ADVISORS, LLC",
  "dbas": [
    "AEGON AM",
    "AEGON AM REAL ASSETS",
    "AEGON ASSET MANAGEMENT",
    "AEGON ASSET MANAGEMENT NA",
    "AEGON ASSET MANAGEMENT NORTH AMERICA",
    "AEGON ASSET MANAGEMENT REAL ASSETS",
    "AEGON RA",
    "AEGON REAL ASSETS"
  ],
  "city": "Cedar Rapids",
  "state": "IA",
  "country": "United States",
  "cbsa_code": "16300",
  "metro": {
    "cbsa_code": "16300",
    "common_name": "Cedar Rapids",
    "msa_name": "Cedar Rapids, IA",
    "path": "/advisors/ia/cedar-rapids"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-07-21",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 394495673.0,
  "raum_discretionary": 353055236.0,
  "raum_non_discretionary": 41440437.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 178,
  "advisory_employees": 41,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "insurance_companies": {
      "raum": 353055236.0,
      "count": null,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 41440437.0,
      "count": 14
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "IA",
    "IL"
  ],
  "websites": [
    "https://aegonam.com",
    "https://linkedin.com/company/aegonam"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286438",
  "city_as_filed": "CEDAR RAPIDS",
  "url": "https://advisorcensus.com/firm/aegon-real-assets-us-cedar-rapids-ia-286438",
  "display_name": "Aegon Real Assets US",
  "summary": "Aegon Real Assets US is an SEC-registered investment advisory firm in Cedar Rapids, IA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Aegon Real Assets US (CRD 286438): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Aegon Real Assets US compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Aegon Real Assets US reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other."
    },
    {
      "q": "How much does Aegon Real Assets US charge?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Aegon Real Assets US located?",
      "a": "Aegon Real Assets US' principal office is in Cedar Rapids, IA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Aegon Real Assets US registered with the SEC or a state?",
      "a": "Aegon Real Assets US is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286438."
    },
    {
      "q": "How much does Aegon Real Assets US manage?",
      "a": "Aegon Real Assets US reports $394,495,673 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (89% discretionary)."
    },
    {
      "q": "How have Aegon Real Assets US' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Aegon Real Assets US: Regulatory assets under management: $1,520,237,832 in the October 2021 data and $394,495,673 in the October 2026 data, down 74%. Total employees: 165 in October 2021 and 178 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Aegon Real Assets US serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (14)."
    },
    {
      "q": "Which custodians does Aegon Real Assets US use?",
      "a": "Aegon Real Assets US' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists HSBC, M&T Bank and U.S. Bank as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Aegon Real Assets US report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/286438"
    },
    {
      "q": "What changed in Aegon Real Assets US' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 43 to 41. Regulatory assets under management went from $512,887,508 to $394,495,673 (-23%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1520237832.0,
      "total_employees": 165,
      "filing_date": "2021-08-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1800489550.0,
      "total_employees": 167,
      "filing_date": "2022-09-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1925716973.0,
      "total_employees": 161,
      "filing_date": "2023-08-10"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1898014176.0,
      "total_employees": 170,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1833052440.0,
      "total_employees": 176,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 394495673.0,
      "total_employees": 178,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 43 to 41.",
        "Regulatory assets under management went from $512,887,508 to $394,495,673 (-23%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Regulatory assets under management went from $1,833,052,440 to $512,887,508 (-72%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Separately managed account Clients are charged annual asset management fees up to 2% of the respective total committed or deployed capital amount.",
          "Investors in Real Assets Direct Equity Funds pay annual management fees to Aegon Real Assets US in amounts that are up to 2% of their respective total committed or deployed capital amount during the investment period"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.0,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Separately managed account Clients are charged annual asset management fees up to 2% of the respective total committed or deployed capital amount.",
      "Investors in Real Assets Direct Equity Funds pay annual management fees to Aegon Real Assets US in amounts that are up to 2% of their respective total committed or deployed capital amount during the investment period"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "HSBC",
      "name_as_filed": "HSBC",
      "affiliated": false
    },
    {
      "name": "M&T Bank",
      "name_as_filed": "M&T BANK",
      "affiliated": false
    },
    {
      "name": "U.S. Bank",
      "name_as_filed": "U.S. BANK",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/aegon-real-assets-us-cedar-rapids-ia-286438.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 14,
      "fewer_than_5": false,
      "raum": 41440437.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 353055236.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286438",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}