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
Aegon Real Assets US
Legal name Aegon USA Realty Advisors, LLC
Latest filing Mar 27, 2026
First filing on the tape Jun 20, 2017 · 29 filings
SEC status approved since Jul 21, 2017
RAUM
$394M
reported, Item 5.F
Discretionary
89%
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
178
41 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$394M as of Mar 27, 2026
Mar 29, 2018$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 29, 20180 then
Employees (5.A)178 as of Mar 27, 2026
Mar 29, 2018185 then
Private funds1 as of Mar 27, 2026
Mar 29, 201819 then
RAUM -78% over the last fiscal year-41% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- 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
- $18.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 89%derivedof RAUM
- Institutional
- 89%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- -78%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, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $394M, 18 clientsreportedItem 9.A
- 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)
- compensates persons for client referrals (8.G.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Insurance companies$353M89%
- Pooled investment vehicles$41.4M11%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 21reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $394M for 18 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.11 institutional_share=0.89 related_bd=true related_bank=true bd_reps=2.0derived
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
24 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Natural Resources Alternatives Portfolio I, LLCno longer reported | Real Estate Fund | $435M | 2 | Mar 29, 2018 |
| Natural Resources Alternatives Portfolio 3, LLCno longer reported | Real Estate Fund | $391M | 2 | Mar 30, 2020 |
| Real Estate Alternatives Portfolio 4hr, LLCno longer reported | Real Estate Fund | $248M | 2 | Jun 20, 2017 |
| Aegon Multi-Family Equity Fund, LLCno longer reported | Real Estate Fund | $109M | 3 | Mar 29, 2018 |
| Natural Resources Alternatives Portfolio II, LLCno longer reported | Real Estate Fund | $97.4M | 2 | Mar 29, 2021 |
| Lihtc Fund 53, LLCno longer reported | Real Estate Fund | $87.5M | 2 | Mar 29, 2018 |
| Garnet Lihtc Fund Xxxix, LLCno longer reported | Real Estate Fund | $76.7M | 2 | Jun 20, 2017 |
| Lihtc Fund 56, LLCno longer reported | Real Estate Fund | $70.7M | 2 | Mar 28, 2019 |
| Lihtc Fund 51, LLCno longer reported | Real Estate Fund | $48.5M | 2 | Mar 28, 2019 |
| Garnet Lihtc Fund Xvii, LLCno longer reported | Real Estate Fund | $18.1M | 2 | Jun 20, 2017 |
| Real Estate Alternatives Portfolio 3, L.L.C.no longer reported | Real Estate Fund | $17.7M | 1 | Jun 20, 2017 |
| Aegon Lihtc Fund 61, LLCno longer reported | Real Estate Fund | $14.7M | 1 | Jan 27, 2021 |
| Real Estate Alternatives Portfolio 2, L.L.C.no longer reported | Real Estate Fund | $12.7M | 2 | Jun 20, 2017 |
| Garnet Lihtc Fund Xl, LLC | Real Estate Fund | $11.6M | 2 | Jun 20, 2017 |
| Garnet Lihtc Fund Xxvii, LLC | Real Estate Fund | $10.1M | 7 | Jun 20, 2017 |
| Garnet Lihtc Fund Xxv, LLC | Real Estate Fund | $9.3M | 2 | Jun 20, 2017 |
| Garnet Lihtc Fund Xix, LLCno longer reported | Real Estate Fund | $9.2M | 2 | Jun 20, 2017 |
| Real Estate Alternatives Portfolio 3a, Inc.no longer reported | Real Estate Fund | $8.8M | 2 | Jun 20, 2017 |
| Real Estate Alternatives Portfolio 4mr, LLCno longer reported | Real Estate Fund | $5.3M | 2 | Jun 20, 2017 |
| Garnet Lihtc Fund Xv, LLCno longer reported | Real Estate Fund | $3.8M | 2 | Jun 20, 2017 |
| Garnet Lihtc Fund Xxxiv, LLCno longer reported | Real Estate Fund | $1.7M | 2 | Jun 20, 2017 |
| Garnet Lihtc Fund V, LLCno longer reported | Real Estate Fund | $1.5M | 2 | Jun 20, 2017 |
| Garnet Lihtc Fund Vi, LLCno longer reported | Real Estate Fund | $1.1M | 6 | Jun 20, 2017 |
| Garnet Lihtc Fund Xxiii, LLCno longer reported | Real Estate Fund | $1,001 | 2 | Jun 20, 2017 |
Owners and control persons
Schedule A and B, latest filing
- Ann Lara Osterhaus · Elected Manager And Presidentcontrolsince 03/2021 · owns less than 5%
- C Christopher Thompson · Chief Executive Officer And Elected Managercontrolsince 06/2019 · owns less than 5%
- Ann Lara Osterhaus · Elected Manager And Presidentcontrolsince 03/2021 · owns F of Aegon USA Asset Management Holding, LLC
- C Christopher Thompson · Elected Managercontrolsince 06/2019 · owns F of Aegon USA Asset Management Holding, LLC
- Alina Sayre · Chief Compliance Officersince 11/2023 · owns less than 5%
Entity owners
- Aegon USA Asset Management Holding, LLC · Memberdirect · owns 75% or more
- Aegon International B.V. · Ownerindirect · owns 75% or more of Transamerica Corporation
- Aegon Ltd. · Ownerindirect · owns 75% or more of Aegon International B.V. · public reporting company
- Ausa Holding, LLC · Ownerindirect · owns 75% or more of Aegon USA Asset Management Holding, LLC
- Transamerica Corporation · Ownerindirect · owns 75% or more of Aegon International B.V.
Related persons
Schedule D 7.A
- Aegon Asset Management Pan-Europe Bvinvestment advisern
- Aegon Investment Management B.V.investment advisern
- Aegon Asset Management USinvestment adviserpooled vehicle sponsornRAUM $89B
- Garnet Community Investments Xl, LLCpooled vehicle sponsorn
- Garnet Community Investments Xxv, LLCpooled vehicle sponsorn
- Garnet Community Investments Xxvii, LLCpooled vehicle sponsorn
- Garnet Community Investments, LLCpooled vehicle sponsorn
- Transamerica Casualty Insurance Companyreal estaten
- Transamerica Financial Life Insurance Companyreal estaten
- Transamerica Life Insurance Companyreal estaten
Advisers that list Aegon Real Assets US as a related person
Offices
Schedule D 1.F, the 25 largest
- San Francisco, CA7 employees
- Chicago, IL2 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Mar 27, 2026selection of other advisers (Item 5.G.7): yes on the filing of 2025-09-15, no on the filing of 2026-03-27peers: institutional managers, $100M to $500M (108)
- institutional asset share shiftChange between filings · filing Mar 27, 2026institutional share of RAUM moved from 25.0% to 89.0% between the annual amendments of 2025-03-28 and 2026-03-27peers: institutional managers, $100M to $500M (108)
- RAUM down 50 %Change between filings · filing Mar 27, 2026RAUM (Item 5.F) moved from $1,833,052,440 to $394,495,673 (-78.0%) between the annual amendments of 2025-03-28 and 2026-03-27; the peer median change was +9.0% (93 comparable advisers, 1.0th percentile of changes)peers: institutional managers, $100M to $500M (93) · 1.1% percentile
What changed
consecutive filings, newest first
- Accounts · 25 to 21Sep 15, 2025 to Mar 27, 2026
- Advisory employees · 43 to 41Sep 15, 2025 to Mar 27, 2026
- Advisory activities · 3 to 2Sep 15, 2025 to Mar 27, 2026
- BD registered reps · 3 to 2Sep 15, 2025 to Mar 27, 2026
- Pooled vehicle clients · 20 to 14Sep 15, 2025 to Mar 27, 2026
- Assets in custody · $513M to $394MSep 15, 2025 to Mar 27, 2026
- Employees · 176 to 178Sep 15, 2025 to Mar 27, 2026
- Private funds · 3 to 1Sep 15, 2025 to Mar 27, 2026
- Discretionary RAUM · $442M to $353MSep 15, 2025 to Mar 27, 2026
- Non-discretionary RAUM · $70.5M to $41.4MSep 15, 2025 to Mar 27, 2026
- Pooled vehicle RAUM · $70.5M to $41.4MSep 15, 2025 to Mar 27, 2026
- RAUM · $513M to $394MSep 15, 2025 to Mar 27, 2026
- Accounts · 33 to 25Mar 28, 2025 to Sep 15, 2025
- Pooled vehicle clients · 28 to 20Mar 28, 2025 to Sep 15, 2025
- Assets in custody · $1.8B to $513MMar 28, 2025 to Sep 15, 2025
- Discretionary RAUM · $1.8B to $442MMar 28, 2025 to Sep 15, 2025
- Non-discretionary RAUM · $70.5M to $70.5MMar 28, 2025 to Sep 15, 2025
- Pooled vehicle RAUM · $1.4B to $70.5MMar 28, 2025 to Sep 15, 2025
- RAUM · $1.8B to $513MMar 28, 2025 to Sep 15, 2025
- Advisory employees · 42 to 43Mar 26, 2024 to Mar 28, 2025
- Assets in custody · $1.9B to $1.8BMar 26, 2024 to Mar 28, 2025
- Employees · 170 to 176Mar 26, 2024 to Mar 28, 2025
- Financial planning clients · unset to Mar 26, 2024 to Mar 28, 2025
- Discretionary RAUM · $1.9B to $1.8BMar 26, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $41.6M to $70.5MMar 26, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $1.4B to $1.4BMar 26, 2024 to Mar 28, 2025
- RAUM · $1.9B to $1.8BMar 26, 2024 to Mar 28, 2025
- Advisory employees · 49 to 42Nov 10, 2023 to Mar 26, 2024
- BD registered reps · 5 to 3Nov 10, 2023 to Mar 26, 2024
- Assets in custody · $1.9B to $1.9BNov 10, 2023 to Mar 26, 2024
- Employees · 161 to 170Nov 10, 2023 to Mar 26, 2024
- Discretionary RAUM · $1.9B to $1.9BNov 10, 2023 to Mar 26, 2024
- Non-discretionary RAUM · $52.8M to $41.6MNov 10, 2023 to Mar 26, 2024
- Pooled vehicle RAUM · $1.4B to $1.4BNov 10, 2023 to Mar 26, 2024
- RAUM · $1.9B to $1.9BNov 10, 2023 to Mar 26, 2024
- Advisory employees · 51 to 49Dec 21, 2022 to Mar 29, 2023
- Assets in custody · $1.8B to $1.9BDec 21, 2022 to Mar 29, 2023
- Employees · 167 to 161Dec 21, 2022 to Mar 29, 2023
- Discretionary RAUM · $1.7B to $1.9BDec 21, 2022 to Mar 29, 2023
- Non-discretionary RAUM · $59.9M to $52.8MDec 21, 2022 to Mar 29, 2023
Signals
24 dated events
- Aegon Real Assets Us reported RAUM $512.9M, down 72% from $1.8B (2025-03-28 to 2025-09-15)Sep 15, 2025 · RAUM change · derived
- James Thomas Scherer (Elected Manager) no longer on Schedule A of Aegon Real Assets Us (listed 2023-11-10, absent 2024-03-26)Mar 26, 2024 · Control person left · inference
- Anthony James Mautino (Chief Compliance Officer) no longer on Schedule A of Aegon Real Assets Us (listed 2023-08-10, absent 2023-11-10)Nov 10, 2023 · Control person left · inference
- Alina Sayre (Chief Compliance Officer) appeared on Schedule A of Aegon Real Assets UsNov 10, 2023 · Control person joined · fact
- F Caitlin Dunne (Chief Legal Officer And Secretary) no longer on Schedule A of Aegon Real Assets Us (listed 2023-03-29, absent 2023-08-10)Aug 10, 2023 · Control person left · inference
- Karolina Alexia Gottschalch (Executive Vice President) no longer on Schedule A of Aegon Real Assets Us (listed 2022-11-04, absent 2022-12-21)Dec 21, 2022 · Control person left · inference
- F Caitlin Dunne (Chief Legal Officer And Secretary) appeared on Schedule A of Aegon Real Assets UsSep 1, 2022 · Control person joined · fact
- Scott Cote (President) no longer on Schedule A of Aegon Real Assets Us (listed 2022-05-09, absent 2022-09-01)Sep 1, 2022 · Control person left · inference
- Aron Hansen (Chief Legal Officer And Secretary) no longer on Schedule A of Aegon Real Assets Us (listed 2022-05-09, absent 2022-09-01)Sep 1, 2022 · Control person left · inference
- Karolina Alexia Gottschalch (Executive Vice President) appeared on Schedule A of Aegon Real Assets UsAug 30, 2021 · Control person joined · fact
- Ann Lara Osterhaus (Elected Manager And Evp) appeared on Schedule A of Aegon Real Assets UsMar 29, 2021 · Control person joined · fact
- Marie Stephanie Phelps (Chief Financial Officer And Elected Manager) no longer on Schedule A of Aegon Real Assets Us (listed 2020-11-20, absent 2021-01-27)Jan 27, 2021 · Control person left · inference
- Christoph Gabler (Executive Vice President) no longer on Schedule A of Aegon Real Assets Us (listed 2020-03-30, absent 2020-07-31)Jul 31, 2020 · Control person left · inference
- William Kirk Buese (Elected Manager) no longer on Schedule A of Aegon Real Assets Us (listed 2020-03-30, absent 2020-07-31)Jul 31, 2020 · Control person left · inference
- Darlene Greene (Head Of Human Resources Us) no longer on Schedule A of Aegon Real Assets Us (listed 2019-10-07, absent 2020-02-14)Feb 14, 2020 · Control person left · inference
- Jay Richard Wirth (General Counsel) no longer on Schedule A of Aegon Real Assets Us (listed 2019-10-07, absent 2020-02-14)Feb 14, 2020 · Control person left · inference
- K James Schaeffer (Aam Executive Committee Member) no longer on Schedule A of Aegon Real Assets Us (listed 2019-10-07, absent 2020-02-14)Feb 14, 2020 · Control person left · inference
- Alan Douglas Weih (Aam Executive Committee Member) no longer on Schedule A of Aegon Real Assets Us (listed 2019-10-07, absent 2020-02-14)Feb 14, 2020 · Control person left · inference
- James Thomas Scherer (Elected Manager) appeared on Schedule A of Aegon Real Assets UsFeb 14, 2020 · Control person joined · fact
- Aron Hansen (Chief Legal Officer And Secretary) appeared on Schedule A of Aegon Real Assets UsFeb 14, 2020 · Control person joined · fact
- Douglas Gary Black (President) no longer on Schedule A of Aegon Real Assets Us (listed 2019-04-25, absent 2019-06-26)Jun 26, 2019 · Control person left · inference
- C Christopher Thompson (Aam Executive Committee Member) appeared on Schedule A of Aegon Real Assets UsApr 25, 2019 · Control person joined · fact
- Charles David Feltman (Executive Vice President) no longer on Schedule A of Aegon Real Assets Us (listed 2018-11-12, absent 2019-03-28)Mar 28, 2019 · Control person left · inference
- Aegon Usa Realty Advisors, Llc filed its initial SEC registration (Form ADV)Jun 20, 2017 · First SEC registration · fact
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/aegonamreportedpublic record, Form ADV, Sep 17, 2026
- Website
- AEGONAM.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 319-355-5408reportedpublic record, Form ADV, Mar 27, 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
- Institutional managerderiveda 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
Aegon Real Assets US 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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