# USAA Investment Services Company

> USAA Investment Services Company is an SEC-registered investment advisory firm in San Antonio, TX, registered since 2022, with no regulatory assets under management reported in its Form ADV filing dated September 14, 2026.

- CRD: 5475
- Filed as: USAA INVESTMENT SERVICES COMPANY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Antonio, TX
- Filing period: October 2026
- Form ADV filing dated: September 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/5475
- AdvisorCensus page: https://advisorcensus.com/firm/usaa-investment-services-company-san-antonio-tx-5475

## Quick answers

**How is USAA Investment Services Company compensated?**
On its Form ADV (Item 5.E, October 2026), USAA Investment Services Company reports these compensation arrangements: other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is USAA Investment Services Company located?**
USAA Investment Services Company's principal office is in San Antonio, TX, according to its Form ADV; the October 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is USAA Investment Services Company registered with the SEC or a state?**
USAA Investment Services Company is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 5475.

**How have USAA Investment Services Company's assets and staff changed since 2022?**
In the Form ADV data for USAA Investment Services Company: Total employees: 169 in October 2022 and 176 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does USAA Investment Services Company serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,456); high net worth individuals (179).

**Does USAA Investment Services Company report any disciplinary disclosures?**
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/5475

**What changed in USAA Investment Services Company's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- Other

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,456 | $0 |
| High net worth individuals | 179 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Other

### Firm details
- Registered since: 2022 (4 years)
- Employees: 176 total, 91 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Colorado Springs, CO
- Phoenix, AZ
- Plano, TX
- Tampa, FL

### Websites listed on Form ADV (Item 1.I)
- [bing.com](https://bing.com)
- [google.com](https://google.com)
- [mobile.usaa.com](https://mobile.usaa.com)
- [reddit.com](https://reddit.com)
- [snapchat.com](https://snapchat.com)
- [usaa.com](https://usaa.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | 169 | September 21, 2022 |
| October 2023 | Not reported | 154 | May 5, 2023 |
| October 2024 | Not reported | 154 | March 29, 2024 |
| October 2025 | Not reported | 152 | May 29, 2025 |
| October 2026 | Not reported | 176 | September 14, 2026 |

Total employees: 169 in October 2022 and 176 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 106 to 91.
- No longer lists an office in Tampa, FL.
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. USAA Investment Services Company (CRD 5475): Form ADV filing data as of October 2026.