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

U.S. Global Investors, Inc.

Asset manager (funds and pooled vehicles)San Antonio, TexasCRD 111097SEC 801-4868websiteIAPD
Latest filing Feb 19, 2026
First filing on the tape Mar 30, 2012 · 26 filings
SEC status approved since Jun 16, 1968
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.3B
derived; firm RAUM over IAPD count
Employees
22
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$1.3B as of Feb 19, 2026
Sep 27, 2012$1.6B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Feb 19, 2026
Sep 27, 20120 then
Employees (5.A)22 as of Feb 19, 2026
Sep 24, 201365 then
Private funds: no history
RAUM -15% over the last fiscal year-32% a year over threeIARs 0 to 1
Practice profile
derived from the filing of Feb 19, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$1.3BderivedRAUM 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
$120MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
22.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-15%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-basedreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.3B98%
  • Pooled investment vehicles$20.3M1.5%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Frank Edward HolmesSan Antonio, TxJul 14, 1999n/a0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Monica Blanco · Chief Compliance Officercontrol
        since 10/2019 · owns less than 5%
      • Christine Lisa Callicotte · Chief Financial Officercontrol
        since 07/2013 · owns less than 5%
      • Edward Frank Holmes · Director, Chief Executive Officer, Chief Investment Officercontrol
        since 10/1989 · owns 75% or more
      • Francis Thomas Lydon · Directorcontrol
        since 06/1997 · owns less than 5%
      • Howard Jerold Rubinstein · Director, Chairman Of The Boardcontrol
        since 10/1989 · owns less than 5%
      • David Roy Terracina · Directorcontrol
        since 12/1994 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Advisers that list U.S. Global Investors, Inc. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 9 to 11
        Sep 25, 2024 to Sep 18, 2025
      • Advisory employees · 6 to 7
        Sep 25, 2024 to Sep 18, 2025
      • Pooled vehicle clients · unset to 1.0
        Sep 25, 2024 to Sep 18, 2025
      • Employees · 24 to 22
        Sep 25, 2024 to Sep 18, 2025
      • Financial planning clients · 0 to 0
        Sep 25, 2024 to Sep 18, 2025
      • State-registered IARs · 0 to 1
        Sep 25, 2024 to Sep 18, 2025
      • Discretionary RAUM · $1.6B to $1.3B
        Sep 25, 2024 to Sep 18, 2025
      • Pooled vehicle RAUM · unset to 20257574.0
        Sep 25, 2024 to Sep 18, 2025
      • RAUM · $1.6B to $1.3B
        Sep 25, 2024 to Sep 18, 2025
      • Accounts · 12 to 9
        Sep 30, 2023 to Sep 25, 2024
      • Discretionary RAUM · $2.4B to $1.6B
        Sep 30, 2023 to Sep 25, 2024
      • RAUM · $2.4B to $1.6B
        Sep 30, 2023 to Sep 25, 2024
      • Accounts · 11 to 12
        Sep 13, 2022 to Sep 30, 2023
      • Advisory employees · 5 to 6
        Sep 13, 2022 to Sep 30, 2023
      • Employees · 20 to 24
        Sep 13, 2022 to Sep 30, 2023
      • Discretionary RAUM · $4.2B to $2.4B
        Sep 13, 2022 to Sep 30, 2023
      • RAUM · $4.2B to $2.4B
        Sep 13, 2022 to Sep 30, 2023
      • Accounts · 10 to 11
        Sep 21, 2021 to Sep 13, 2022
      • BD registered reps · 1 to 0
        Sep 21, 2021 to Sep 13, 2022
      • Accounts · 3 to 10
        Mar 18, 2021 to Sep 21, 2021
      • Discretionary RAUM · $1.7B to $4.2B
        Mar 18, 2021 to Sep 21, 2021
      • RAUM · $1.7B to $4.2B
        Mar 18, 2021 to Sep 21, 2021
      • Accounts · 11 to 3
        May 21, 2020 to Oct 1, 2020
      • Advisory employees · 7 to 5
        May 21, 2020 to Oct 1, 2020
      • Employees · 23 to 20
        May 21, 2020 to Oct 1, 2020
      • Discretionary RAUM · $512M to $1.7B
        May 21, 2020 to Oct 1, 2020
      • RAUM · $512M to $1.7B
        May 21, 2020 to Oct 1, 2020
      • Accounts · 12 to 11
        Aug 15, 2019 to Sep 19, 2019
      • Employees · 24 to 23
        Aug 15, 2019 to Sep 19, 2019
      • Discretionary RAUM · $484M to $512M
        Aug 15, 2019 to Sep 19, 2019
      • RAUM · $484M to $512M
        Aug 15, 2019 to Sep 19, 2019
      • Employees · 21 to 24
        May 20, 2019 to Aug 15, 2019
      • Employees · 25 to 21
        Sep 26, 2018 to May 20, 2019
      • Financial planning clients · unset to 0
        Sep 26, 2018 to May 20, 2019
      • Discretionary RAUM · $604M to $484M
        Sep 26, 2018 to May 20, 2019
      • RAUM · $604M to $484M
        Sep 26, 2018 to May 20, 2019
      • Accounts · 13 to 12
        Sep 19, 2017 to Sep 26, 2018
      • Advisory activities · 2 to 1
        Sep 19, 2017 to Sep 26, 2018
      • Other offices · unset to 0.0
        Sep 19, 2017 to Sep 26, 2018
      • Discretionary RAUM · $712M to $604M
        Sep 19, 2017 to Sep 26, 2018
      Signals
      6 dated events
      • U.S. Global Investors, Inc. reported RAUM $1.6B, down 34% from $2.4B (2023-09-30 to 2024-09-25)
        Sep 25, 2024 · RAUM change · derived
      • U.S. Global Investors, Inc. reported RAUM $2.4B, down 44% from $4.2B (2022-09-13 to 2023-09-30)
        Sep 30, 2023 · RAUM change · derived
      • U.S. Global Investors, Inc. reported RAUM $4.2B, up 147% from $1.7B (2021-03-18 to 2021-09-21)
        Sep 21, 2021 · RAUM change · derived
      • U.S. Global Investors, Inc. reported RAUM $1.7B, up 234% from $512.4M (2020-05-21 to 2020-10-01)
        Oct 1, 2020 · RAUM change · derived
      • Monica Blanco (Chief Compliance Officer) appeared on Schedule A of U.S. Global Investors, Inc.
        Oct 15, 2019 · Control person joined · fact
      • Michael Joseph O'Donnell (Chief Compliance Officer) no longer on Schedule A of U.S. Global Investors, Inc. (listed 2018-09-26, absent 2019-05-20)
        May 20, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/u-s-global-investorsreportedpublic record, Form ADV, Sep 17, 2026
      Website
      USFUNDS.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      210-308-1234reportedpublic record, Form ADV, Feb 19, 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
      $1.3Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026