- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 3050 K Street NW, Suite 201 Washington DC United States of America 20007
- IPO Date
- Mar 7, 2023
- Business
- The RBB Fund, Inc. is an independent multiple series trust that serves as a turnkey platform for exchange-traded funds (ETFs) and mutual funds, enabling investment advisors to outsource fund establishment, servicing, and corporate governance while focusing on asset management. Founded in 1988 and headquartered in Wilmington, Delaware, with key operational offices in Milwaukee, Wisconsin, the company oversees more than $28 billion in assets across over 70 mutual fund and ETF offerings from 12 investment advisors and over 20 unaffiliated subadvisors; its open-architecture model emphasizes cost efficiencies, scalability, and compliance integrity. Core offerings include passively managed ETFs such as the US Treasury 6 Month Bill ETF (XBIL), which invests in the most recently issued on-the-run 6-month US Treasury bills to track the Bloomberg US Treasury Bellwether 6M Total Return USD Unhedged Index, alongside active equity, fixed-income, and multi-sector strategies like those from F/m Investments LLC, First Eagle Investments, and Emerald Advisers.
The platform supports a diverse range of products, including short-term Treasury bill ETFs; large-cap focused equity funds; life sciences innovation ETFs; enhanced Nasdaq-100 strategies; and multi-asset income funds incorporating corporate bonds, mortgage-backed securities, high-yield obligations, and municipal debt. RBB targets institutional and retail investors seeking low-cost, efficient access to specialized strategies, with primary operations in the United States and growing emphasis on ETF conversions from separately managed accounts or mutual funds.
Recent developments include the launch of multiple ETFs in 2024 and 2025, such as the F/m Emerald Life Sciences Innovation ETF (LFSC), Tweedy Browne Insider + Value ETF, Wayfinder ETFs suite by Gladius Capital Management, and First Eagle Investments' active equity ETFs; strategic onboarding of advisors like Twin Oak from Goldman's ETF Accelerator and First Eagle; and executive additions including Steven Plump as CEO and President in 2022, Craig Urciuoli as Director of Marketing and Business Development, and Thomas Reynolds as Assistant Treasurer. In 2025, RBB facilitated Chesnut Street fund acquisitions and continued ETF growth amid assets surpassing $23 billion, reflecting expanded scale without bank or service provider affiliation.