{
  "crd_number": 111097,
  "slug": "u-s-global-investors-inc-san-antonio-tx-111097",
  "primary_business_name": "U.S. GLOBAL INVESTORS, INC.",
  "legal_name": "U.S. GLOBAL INVESTORS, INC.",
  "dbas": [],
  "city": "San Antonio",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "41700",
  "metro": {
    "cbsa_code": "41700",
    "common_name": "San Antonio",
    "msa_name": "San Antonio-New Braunfels, TX",
    "path": "/advisors/tx/san-antonio"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1968-06-16",
  "years_registered": 58,
  "period": "2026-10-01",
  "filing_date": "2026-09-29",
  "carried_forward": false,
  "raum_total": 1671990540.0,
  "raum_discretionary": 1671990540.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 19,
  "advisory_employees": 7,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 1650195263.0,
      "count": 10
    },
    "pooled_investment_vehicles": {
      "raum": 21795277.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://facebook.com/USFunds",
    "https://instagram.com/usglobal",
    "https://linkedin.com/company/u-s-global-investors",
    "https://pinterest.com/usfunds",
    "https://tiktok.com/@usfunds",
    "https://tiktok.com/@usglobales",
    "https://twitter.com/USFunds",
    "https://twitter.com/USGlobalETFs",
    "https://usfunds.com",
    "https://usglobaletfs.com",
    "https://usglobalindex.com",
    "https://youtube.com/channel/UCDkX1zvbWPyWc99esHOhwRQ",
    "https://yputube.com/c/usglobalinvestorssanantonio"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111097",
  "city_as_filed": "SAN ANTONIO",
  "url": "https://advisorcensus.com/firm/u-s-global-investors-inc-san-antonio-tx-111097",
  "display_name": "U.S. Global Investors, Inc.",
  "summary": "U.S. Global Investors, Inc. is an SEC-registered investment advisory firm in San Antonio, TX, registered since 1968, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 29, 2026.",
  "citation": "AdvisorCensus. U.S. Global Investors, Inc. (CRD 111097): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is U.S. Global Investors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), U.S. Global Investors, Inc. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is U.S. Global Investors, Inc. located?",
      "a": "U.S. Global Investors, Inc.'s principal office is in San Antonio, TX, according to its Form ADV."
    },
    {
      "q": "Is U.S. Global Investors, Inc. registered with the SEC or a state?",
      "a": "U.S. Global Investors, Inc. is an SEC-registered investment advisory firm, registered since 1968. Status as filed: Approved. CRD 111097."
    },
    {
      "q": "How much does U.S. Global Investors, Inc. manage?",
      "a": "U.S. Global Investors, Inc. reports $1,671,990,540 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have U.S. Global Investors, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for U.S. Global Investors, Inc.: Regulatory assets under management: $4,229,265,159 in the October 2021 data and $1,671,990,540 in the October 2026 data, down 60%. Total employees: 20 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does U.S. Global Investors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (10); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does U.S. Global Investors, Inc. 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/111097"
    },
    {
      "q": "What changed in U.S. Global Investors, Inc.'s recent Form ADV filings?",
      "a": "In the October 2026 filing data: Regulatory assets under management went from $1,323,872,389 to $1,671,990,540 (+26%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4229265159.0,
      "total_employees": 20,
      "filing_date": "2021-09-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 4229265159.0,
      "total_employees": 20,
      "filing_date": "2022-09-13"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2370216554.0,
      "total_employees": 24,
      "filing_date": "2023-09-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1562478832.0,
      "total_employees": 24,
      "filing_date": "2024-09-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1562478832.0,
      "total_employees": 24,
      "filing_date": "2024-09-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1671990540.0,
      "total_employees": 19,
      "filing_date": "2026-09-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Regulatory assets under management went from $1,323,872,389 to $1,671,990,540 (+26%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 6 to 7.",
        "Regulatory assets under management went from $1,562,478,832 to $1,323,872,389 (-15%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/u-s-global-investors-inc-san-antonio-tx-111097.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 10,
      "fewer_than_5": false,
      "raum": 1650195263.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 21795277.0
    }
  ],
  "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/111097",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}