Victory Capital is a global investment management firm operating a next-generation, integrated multi-boutique business model. As of June 30, 2019, Victory Capital had AUM of $64.1 billion. On April 30, 2019, prior to completion of the acquisition of USAA® Asset Management Company, Victory Capital had AUM of $61.0 billion and USAA Asset Management Company had AUM of $81.3 billion. On a pro forma basis, Victory Capital’s firmwide AUM is estimated to be $142.3 billion as of April 30, 2019.¹
Our differentiated model is comprised of nine autonomous investment franchises, each with an independent culture and investment approach. Additionally, we offer a Solutions Platform, featuring our VictoryShares ETF brand.
Our Investment Franchises and Solutions Platform are supported by a centralized distribution, marketing and operational environment, in which our investment professionals—unencumbered by other responsibilities—can focus solely on the pursuit of investment excellence.
Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors, including USAA members through its direct member channel. Through its Investment Franchises and Solutions Platform, Victory Capital offers a diverse array of independent investment approaches and innovative investment vehicles designed to drive better investor outcomes. This includes actively managed mutual funds and separately managed accounts, rules-based and active ETFs, multi-asset class strategies, custom solutions and a 529 College Savings Plan.
We are headquartered in San Antonio, TXH, with offices in Cleveland, Cincinnati and Rocky River, OH; San Francisco, CA; Denver, CO; Birmingham, MI; New York, NY; Boston, MA; and Des Moines, IA. Additionally, we have investment professionals in London, Hong Kong and Singapore.
As a next generation, integrated multi-boutique investment management firm, Victory Capital connects the right talent with the right resources in the right environment. Our investment professionals are empowered to be their best. Unique talents are amplified. And our energies are focused on what really matters - helping our clients meet their goals.
Build Trust: We go to great lengths to fulfill our commitments and we work hard to do the right thing for our clients.
Respect Autonomy: We value independent decision-making and respect the autonomy of each of our Investment Franchises and Solutions Platform.
Invest Personally: We are invested in our clients' success. We demonstrate that commitment by investing our time, energy, and our own assets in our strategies.
Create Alignment: We work together toward a common objective - helping our clients to achieve their goals. We have approximately $100MM² invested in our own products.
¹ Based on AUM for Victory Capital and USAA Asset Management Company as of April 30, 2019. AUM for the USAA Asset Management Company includes $10.4 billion that is invested in USAA Mutual Funds through the managed money product offered by USAA’s brokerage platform. Victory Capital did not acquire the USAA brokerage business.
² Reflects amount invested by employees as of December 31st, 2018.