Dws Investment Management Americas, Inc.

Registered investment adviser · New York, NY · CRD #104518

Form ADV data as of 2026-09-01

Regulatory assets

$199.66 billion

Total accounts

550

Employees

452

Disclosure events

135

Firm details

Website: http://www.dws.com
Telephone: 212-454-4500
SEC file number: 801-252
Most recent Form ADV filing: 2026-07-01
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 15 disclosure questions answered Yes, covering 135 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Charged with a felony (past 10 years)
SEC or CFTC found a false statement or omission
SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC entered an order in connection with investment-related activity
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
Another regulator found a violation of investment-related regulations or statutes
Another regulator entered an order in connection with investment-related activity (past 10 years)
Another regulator denied, suspended, or revoked a registration or restricted activity
A self-regulatory organization found a violation of its rules
Currently subject to a regulatory proceeding that could result in a disclosure under 11.C., 11.D., or 11.E.
A court enjoined the firm in connection with investment-related activity (past 10 years)
A court found involvement in a violation of investment-related statutes or regulations
A court dismissed an investment-related civil action under a settlement agreement
Currently subject to a civil proceeding that could result in a disclosure under 11.H.(1)

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$196.43 billion
Non-discretionary regulatory assets under management	$3.23 billion
Total regulatory assets under management	$199.66 billion
Discretionary accounts	540
Non-discretionary accounts	10
Total accounts	550
Regulatory assets under management attributable to non-U.S. persons	$66.21 billion

People

Total employees (excluding clerical)	452
Employees performing investment advisory functions (including research)	91
Employees who are registered representatives of a broker-dealer	114
Employees registered as investment adviser representatives with a state	0
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	1

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$2.8 million
Clients for whom a related person has custody	1
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	2

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)Performance-based fees

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)

Other business activities

Commodity pool operator or commodity trading advisor

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered security-based swap dealerCommodity pool operator or commodity trading advisorFutures commission merchantBanking or thrift institutionTrust companySponsor or syndicator of limited partnershipsSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys securities from or sells securities to advisory clients (principal transactions)
Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Executes agency cross transactions involving advisory client securities
Recommends securities for which it serves as underwriter or general partner
Recommends securities in which it has another sales interest
Brokers or dealers selected under 8.C.(3) are related persons
Receives soft dollar benefits
Compensates a non-employee for client referrals

Client types

Type of client	Clients	Assets
High net worth individuals	7	$91.9 million
Banking or thrift institutions	2	$2.08 billion
Investment companies	55	$69.21 billion
Business development companies	1	$372.0 million
Pooled investment vehicles (other than investment companies and BDCs)	7	$15.13 billion
Pension and profit sharing plans (not the participants or government plans)	4	$1.91 billion
Charitable organizations	3	$2.17 billion
State or municipal government entities (including government pension plans)	2	$1.78 billion
Other investment advisers	3	$119.1 million
Insurance companies	47	$86.74 billion
Sovereign wealth funds and foreign official institutions	3	$5.08 billion
Corporations or other businesses not listed above	20	$13.49 billion
Other	5	$1.50 billion