DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Rreef America L.L.C.

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 109596SEC 801-55209websiteIAPD
Latest filing Sep 17, 2026
First filing on the tape Nov 21, 2011 · 106 filings
SEC status approved since Jan 27, 1998
RAUM
$34B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
175
132 advisory (5.B.1)
Offices
9
beyond the principal office
Private funds
0
reported on Schedule D
History
106 filings and snapshots on the tape
RAUM$34B as of Jul 24, 2026
Mar 30, 2012$13B then
HNW client RAUM$0 as of Jul 24, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Jul 24, 2026
Mar 30, 20120 then
Employees (5.A)175 as of Jul 24, 2026
Mar 28, 2013219 then
Private funds21 as of Jul 24, 2026
Mar 30, 20123 then
RAUM +17% over the last fiscal year-9.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Sep 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$286MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
33%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived10 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisersreportedItem 5.G
Custody
$32B, 26 clientsreportedItem 9.A
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$16B47%
  • Investment companies$6.8B20%
  • Sovereign wealth funds$6.6B19%
  • State and municipal entities$3.1B9.1%
  • Pension and profit-sharing plans$1.5B4.4%
  • Insurance companies$119M0.3%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
20reported
Charitable clients
0reported
Accounts
120reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$32B for 26 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.67 institutional_share=0.33 related_bd=true related_bank=true bd_reps=6.0 bank_owner=truederived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      19 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Rreef Global Opportunities Fund II, LLCno longer reportedReal Estate Fund$3.4B47Mar 30, 2012
      Rin III Ltd.Securitized Asset Fund$751M1Mar 28, 2024
      Dws Infrastructure Debt Opportunities LLCOther Private Fund$631M9Mar 30, 2020
      Dws Infrastructure Debt Opportunities Feeder (Cactus) L.P.Other Private Fund$523M2Mar 30, 2020
      Rin Ltd.no longer reportedSecuritized Asset Fund$450M11Mar 31, 2015
      Rin IV Ltd.Securitized Asset Fund$400M1Mar 30, 2022
      Four Columns Junior Capital Fund Vi, LPPrivate Equity Fund$377M4Mar 30, 2022
      Rin II Ltd.Securitized Asset Fund$368M11Mar 29, 2019
      Rin V LLCSecuritized Asset Fund$360M1Mar 28, 2024
      Rin Vi LLCSecuritized Asset Fund$301M1Mar 28, 2024
      Four Columns Junior Capital Fund Vi-R, LPPrivate Equity Fund$207M2Mar 31, 2023
      Rin Vii LLCSecuritized Asset Fund$159M1Mar 28, 2024
      Four Columns Junior Capital Fund Vi-A, LPPrivate Equity Fund$145M5Mar 30, 2022
      Rreef Retrofit Partners, L.P.no longer reportedOther Private Fund$133M17Mar 31, 2015
      Dws Offshore Infrastructure Debt Opportunities Feeder LPOther Private Fund$61.8M6Mar 30, 2020
      Rreef Real Estate Securities Commingled Fund, LLCno longer reportedOther Private Fund$61.1M6Mar 30, 2012
      Dws Infrastructure Debt Opportunities Feeder (E) L.P.Other Private Fund$46.7M1Mar 30, 2020
      Structured Debt Fund, LLCno longer reportedReal Estate Fund$11.0M6Mar 30, 2012
      Dynamic Infrastructure Securities FundOther Private Fund$1.8M7Mar 30, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • Joseph Michael Gilligan · Chief Financial Officercontrol
        since 01/2018 · owns less than 5%
      • Sharon Michelle Goveia · Chief Compliance Officercontrol
        since 04/2014 · owns less than 5%
      • Todd William Henderson · Co-Chief Executive Officercontrol
        since 05/2021 · owns less than 5%
      • Freddi Klassen · Chief Operating Officercontrol
        since 09/2023 · owns less than 5%
      • Philip Jonathan Panek · Chief Legal Officercontrol
        since 11/2018 · owns less than 5%
      • W. John Vojticek · Co-Chief Executive Officercontrol
        since 05/2021 · owns less than 5%
      Entity owners
      • Ropro U.S. Holding, Inc. · Managing Member / Owner
        direct · owns 75% or more
      • Db Beteiligungs-Holding Gmbh · Shareholder
        indirect · owns 75% or more of Dws Group Gmbh & Co. Kgaa
      • Deutsche Bank Ag · Shareholder
        indirect · owns 75% or more of Db Beteiligungs-Holding Gmbh · public reporting company
      • Dws Group Gmbh & Co. Kgaa · Shareholder
        indirect · owns 75% or more of Dws USA Corporation
      • Dws USA Corporation · Shareholder
        indirect · owns 75% or more of Ropro U.S. Holding, Inc.
      Related persons
      Schedule D 7.A
      • Dbre Global Real Estate Management Ib, Ltd.
        investment advisern
      • Dbx Advisors LLC
        investment adviserbanknRAUM $29B
      • Deutsche Alternative Asset Management (Uk) Limited
        investment advisern
      • Deutsche Bank (China) Co., Ltd., Shanghai Branch
        custodiann
      • Deutsche Bank (Malaysia) Berhad
        custodiann
      • Deutsche Bank A.S.
        custodiann
      • Deutsche Bank Ag
        broker-dealerpooled vehicle sponsorCPO or CTAcustodiany
      • Deutsche Bank Ag Bangkok Branch
        custodiann
      • Deutsche Bank Ag Hungary Branch
        custodiann
      • Deutsche Bank Ag Jakarta Branch
        custodiann
      • Deutsche Bank Ag Mumbai Branch
        custodiann
      • Deutsche Bank Ag Taipei Branch
        custodiann
      • Deutsche Bank Ag, Amsterdam Branch
        custodiann
      • Deutsche Bank Ag, Amsterdam Branch (Belgium)
        custodiann
      • Deutsche Bank Ag, Amsterdam Branch (France)
        custodiann
      • Deutsche Bank Ag, Amsterdam Branch (Portugal)
        custodiann
      • Deutsche Bank Ag, Colombo Branch
        custodiann
      • Deutsche Bank Ag, Filiale New York Branch
        custodiann
      • Deutsche Bank Ag, Frankfurt
        custodiann
      • Deutsche Bank Ag, Ho Chi Minh City Branch
        custodiann
      • Deutsche Bank Ag, Hong Kong Branch
        custodiann
      • Deutsche Bank Ag, Karachi Branch
        custodiann
      • Deutsche Bank Ag, London Branch
        custodiann
      • Deutsche Bank Ag, Manila Branch
        custodiann
      • Deutsche Bank Ag, Seoul Branch
        custodiann
      • Deutsche Bank Ag, Singapore Branch
        custodiann
      • Deutsche Bank Aktiengesellschaft Filiale Prag, Organizacni Slo?Ka
        custodiann
      • Deutsche Bank National Trust Company
        n
      • Deutsche Bank Polska S.A.
        custodiann
      • Deutsche Bank S.A. Banco Alem?O
        custodiann
      Advisers that list Rreef America L.L.C. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY28 employees
      • San Francisco, CA24 employees
      • Dallas, TX11 employees
      • Costa Mesa, CA7 employees
      • Atlanta, GA3 employees
      • Boston, MA3 employees
      • Seattle, WA2 employees
      • Marina Del Rey, CA2 employees
      • Hunt Valley, MD1 employees
      What changed
      consecutive filings, newest first
      • Financial planning clients · to unset
        Jul 24, 2026 to Sep 17, 2026
      • Private funds · 21 to unset
        Jul 24, 2026 to Sep 17, 2026
      • Succession · false to unset
        Jul 24, 2026 to Sep 17, 2026
      • Accounts · 119 to 120
        Dec 12, 2025 to Mar 31, 2026
      • Advisory employees · 135 to 132
        Dec 12, 2025 to Mar 31, 2026
      • BD registered reps · 8 to 6
        Dec 12, 2025 to Mar 31, 2026
      • Charity clients · 1 to 0
        Dec 12, 2025 to Mar 31, 2026
      • Corporate clients · 1 to 0
        Dec 12, 2025 to Mar 31, 2026
      • Pension plan clients · 15 to 20
        Dec 12, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 64 to 58
        Dec 12, 2025 to Mar 31, 2026
      • Assets in custody · $33B to $32B
        Dec 12, 2025 to Mar 31, 2026
      • Employees · 170 to 175
        Dec 12, 2025 to Mar 31, 2026
      • Private funds · 19 to 21
        Dec 12, 2025 to Mar 31, 2026
      • Discretionary RAUM · $29B to $34B
        Dec 12, 2025 to Mar 31, 2026
      • Pension RAUM · $2.9B to $1.5B
        Dec 12, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $14B to $16B
        Dec 12, 2025 to Mar 31, 2026
      • RAUM · $29B to $34B
        Dec 12, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Jun 27, 2025 to Jul 30, 2025
      • Accounts · 118 to 119
        Jan 17, 2025 to Apr 30, 2025
      • Advisory employees · 138 to 135
        Jan 17, 2025 to Apr 30, 2025
      • BD registered reps · 6 to 8
        Jan 17, 2025 to Apr 30, 2025
      • Corporate clients · 6 to 1
        Jan 17, 2025 to Apr 30, 2025
      • Pooled vehicle clients · 58 to 64
        Jan 17, 2025 to Apr 30, 2025
      • Assets in custody · $37B to $33B
        Jan 17, 2025 to Apr 30, 2025
      • Employees · 149 to 170
        Jan 17, 2025 to Apr 30, 2025
      • Private funds · 14 to 19
        Jan 17, 2025 to Apr 30, 2025
      • Discretionary RAUM · $32B to $29B
        Jan 17, 2025 to Apr 30, 2025
      • Pension RAUM · $2.6B to $2.9B
        Jan 17, 2025 to Apr 30, 2025
      • Pooled vehicle RAUM · $15B to $14B
        Jan 17, 2025 to Apr 30, 2025
      • RAUM · $32B to $29B
        Jan 17, 2025 to Apr 30, 2025
      • Accounts · 126 to 118
        Mar 7, 2024 to Mar 28, 2024
      • Advisory employees · 134 to 138
        Mar 7, 2024 to Mar 28, 2024
      • BD registered reps · 5 to 6
        Mar 7, 2024 to Mar 28, 2024
      • Corporate clients · 7 to 6
        Mar 7, 2024 to Mar 28, 2024
      • Pension plan clients · 17 to 15
        Mar 7, 2024 to Mar 28, 2024
      • Pooled vehicle clients · 63 to 58
        Mar 7, 2024 to Mar 28, 2024
      • Assets in custody · $43B to $37B
        Mar 7, 2024 to Mar 28, 2024
      • Employees · 144 to 149
        Mar 7, 2024 to Mar 28, 2024
      • Private funds · 10 to 14
        Mar 7, 2024 to Mar 28, 2024
      • Discretionary RAUM · $46B to $32B
        Mar 7, 2024 to Mar 28, 2024
      Signals
      12 dated events
      • Rreef America L.L.C. reported RAUM $31.8B, down 32% from $46.5B (2024-03-07 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • Freddi Klassen (Chief Operating Officer) appeared on Schedule A of Rreef America L.L.C.
        Oct 25, 2023 · Control person joined · fact
      • Pierce Cynthia Nestle (Chief Operating Officer) no longer on Schedule A of Rreef America L.L.C. (listed 2023-06-20, absent 2023-07-27)
        Jul 27, 2023 · Control person left · inference
      • Rreef America L.L.C. reported RAUM $50.9B, up 34% from $38.1B (2022-01-14 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Todd Henderson (Co-Chief Executive Officer) appeared on Schedule A of Rreef America L.L.C.
        May 28, 2021 · Control person joined · fact
      • Raymond Michael Luciano (Chief Executive Officer) no longer on Schedule A of Rreef America L.L.C. (listed 2021-04-09, absent 2021-05-28)
        May 28, 2021 · Control person left · inference
      • W. John Vojticek (Co-Chief Executive Officer) appeared on Schedule A of Rreef America L.L.C.
        May 28, 2021 · Control person joined · fact
      • Pierce Cynthia Nestle (Chief Operating Officer) appeared on Schedule A of Rreef America L.L.C.
        Jul 28, 2020 · Control person joined · fact
      • Pierre Cherki (Chief Executive Officer) no longer on Schedule A of Rreef America L.L.C. (listed 2020-07-17, absent 2020-07-28)
        Jul 28, 2020 · Control person left · inference
      • Rreef America L.L.C. reported RAUM $35.9B, up 32% from $27.3B (2019-12-06 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Philip Jonathan Panek (Chief Legal Officer) appeared on Schedule A of Rreef America L.L.C.
        Jan 18, 2019 · Control person joined · fact
      • Rreef America L.L.C. reported RAUM $28.1B, up 43% from $19.7B (2018-02-12 to 2018-03-29)
        Mar 29, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/dws-group-comreportedpublic record, Form ADV, Sep 18, 2026
      Website
      dws.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-537-7000reportedpublic record, Form ADV, Sep 17, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      Rreef America L.L.C. is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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