Data / Investment advisers / Serving state and municipal governments

Investment advisers serving state and municipal governments: 1,201 firms and $4.4 trillion in AUM

Name: Investment advisers serving state and municipal governments: Form ADV data
Creator: SpecStream
License: https://creativecommons.org/licenses/by/4.0/

1,201 SEC registered investment advisers report state and municipal governments among their clients in Form ADV item 5.D, and together they attribute $4.4 trillion of their assets under management to them, in the SEC's file of November 2, 2026. The adviser with the most is Asset Management One Co., LTD.

SpecStream is the live web data engine for teams and agents. It reads the SEC's Form ADV files every month, and this page is that reading, keyed on the CRD number. Ask for the advisers you track by state, city, size, client type or private funds, and new registrations and filings arrive in your sheet, CRM, Slack or agent as the SEC publishes them.

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1,201Advisers
$4.4 trillionAUM from this client type
1,175Advisers over $100 million
November 2, 2026File date

Advisers serving state and municipal governments

Ranked by the AUM the adviser attributes to this client type. Each row links to the firm page where it has one, and to its SEC record. The first 300 of 1,201 are shown.

Adviser	City	State	Clients of this type	AUM from this type	Total AUM	Source
Asset Management One Co., LTD.	Tokyo	Japan	16	$249.18 billion	$470.54 billion	adviserinfo.sec.gov
Blackrock Financial Management, Inc	New York	NY	54	$172.83 billion	$1.60 trillion	adviserinfo.sec.gov
Federated Investment Counseling	Pittsburgh	PA	22	$156.97 billion	$207.21 billion	adviserinfo.sec.gov
Sbi Funds Management Limited	Mumbai	India	3	$133.04 billion	$219.93 billion	adviserinfo.sec.gov
Nisa Investment Advisors, LLC	St. Louis	MO	22	$107.59 billion	$343.89 billion	adviserinfo.sec.gov
U.S. Bancorp Asset Management, Inc.	Minneapolis	MN	664	$102.20 billion	$427.48 billion	adviserinfo.sec.gov
Pacific Investment Management Company LLC	Newport Beach	CA	108	$95.27 billion	$3.67 trillion	adviserinfo.sec.gov
Mellon Investments Corporation	Pittsburgh	PA	89	$86.96 billion	$873.87 billion	adviserinfo.sec.gov
Nomura Asset Management Co., LTD.	Tokyo	Japan	64	$79.79 billion	$601.79 billion	adviserinfo.sec.gov
Rhumbline Advisers	Boston	MA	124	$78.33 billion	$136.48 billion	adviserinfo.sec.gov
Tiaa-Cref Tuition Financing, Inc.	New York	NY	9	$70.51 billion	$70.51 billion	adviserinfo.sec.gov
Wellington Management Company LLP	Boston	MA	95	$69.81 billion	$1.43 trillion	adviserinfo.sec.gov
Meeder Public Funds, Inc.	Dublin	OH	529	$64.86 billion	$70.16 billion	adviserinfo.sec.gov
J.P. Morgan Investment Management Inc.	New York	NY	155	$63.67 billion	$3.52 trillion	adviserinfo.sec.gov
Arrowstreet Capital, Limited Partnership	Boston	MA	28	$59.59 billion	$351.32 billion	adviserinfo.sec.gov
Alliancebernstein L.P.	Nashville	TN	49	$56.31 billion	$763.40 billion	adviserinfo.sec.gov
Fidelity Management & Research Company LLC	Boston	MA	6	$55.90 billion	$5.69 trillion	adviserinfo.sec.gov
T. Rowe Price Associates, Inc.	Baltimore	MD	92	$53.87 billion	$2.20 trillion	adviserinfo.sec.gov
Russell Investments	Seattle	WA	24	$52.05 billion	$81.09 billion	adviserinfo.sec.gov
Pathway Capital Management, LP	Irvine	CA	7	$48.80 billion	$97.82 billion	adviserinfo.sec.gov
Loomis, Sayles & Company, L.P.	Boston	MA	171	$45.62 billion	$386.88 billion	adviserinfo.sec.gov
Record Currency Management Limited	London	United Kingdom	12	$43.35 billion	$114.16 billion	adviserinfo.sec.gov
Principal Real Estate	Des Moines	IA	52	$41.03 billion	$105.65 billion	adviserinfo.sec.gov
Acadian Asset Management	Boston	MA	66	$40.50 billion	$177.46 billion	adviserinfo.sec.gov
Payden & Rygel	Los Angeles	CA	42	$39.39 billion	$158.23 billion	adviserinfo.sec.gov
Chandler Asset Management Inc	San Diego	CA	236	$37.75 billion	$45.31 billion	adviserinfo.sec.gov
Hilltop Securities Asset Management, LLC	Dallas	TX	60	$37.70 billion	$37.70 billion	adviserinfo.sec.gov
Hamilton Lane	Conshohocken	PA	21	$36.82 billion	$141.83 billion	adviserinfo.sec.gov
Captrust	Raleigh	NC	49	$36.55 billion	$1.24 trillion	adviserinfo.sec.gov
Government Portfolio Advisors LLC	Portland	OR	73	$35.07 billion	$35.09 billion	adviserinfo.sec.gov
Baillie Gifford Overseas LTD	Edinburgh	United Kingdom	57	$34.69 billion	$144.00 billion	adviserinfo.sec.gov
LSV Asset Management	Chicago	IL	37	$30.45 billion	$104.25 billion	adviserinfo.sec.gov
Invesco Advisers, Inc.	Atlanta	GA	30	$29.64 billion	$749.52 billion	adviserinfo.sec.gov
Dodge & Cox	San Francisco	CA	54	$29.40 billion	$466.56 billion	adviserinfo.sec.gov
Neuberger Berman Investment Advisers LLC	New York	NY	44	$27.81 billion	$398.65 billion	adviserinfo.sec.gov
Pgim, Inc.	Newark	NJ	35	$26.71 billion	$1.13 trillion	adviserinfo.sec.gov
Galliard Capital Management	Minneapolis	MN	47	$26.54 billion	$80.27 billion	adviserinfo.sec.gov
Empower Advisory Group, LLC	Greenwood Village	CO	2,400	$25.56 billion	$195.43 billion	adviserinfo.sec.gov
Allspring Global Investments, LLC	Charlotte	NC	65	$25.26 billion	$475.78 billion	adviserinfo.sec.gov
Mondrian Investment Partners Limited	London	United Kingdom	29	$24.86 billion	$49.31 billion	adviserinfo.sec.gov
Blackrock Advisors, LLC	New York	NY	Fewer than 5	$24.69 billion	$1.10 trillion	adviserinfo.sec.gov
Walter Scott & Partners Limited	Edinburgh	United Kingdom	47	$24.00 billion	$66.67 billion	adviserinfo.sec.gov
Fisher Investments	Plano	TX	20	$23.74 billion	$386.67 billion	adviserinfo.sec.gov
DWS International GMBH	Frankfurt Am Main	Germany	25	$22.63 billion	$228.87 billion	adviserinfo.sec.gov
Lazard Asset Management LLC	New York	NY	54	$21.50 billion	$120.52 billion	adviserinfo.sec.gov
Northern Trust Global Investments LTD	London	United Kingdom	22	$19.91 billion	$208.39 billion	adviserinfo.sec.gov
MFS Institutional Advisors Inc.	Boston	MA	51	$19.67 billion	$113.59 billion	adviserinfo.sec.gov
RBC Global Asset Management (UK) Limited	London	United Kingdom	18	$19.01 billion	$178.01 billion	adviserinfo.sec.gov
Dimensional Fund Advisors LP	Austin	TX	32	$18.86 billion	$1.02 trillion	adviserinfo.sec.gov
Xponance LLC	Philadelphia	PA	42	$18.72 billion	$24.27 billion	adviserinfo.sec.gov
Adrian Lee & Partners	Co Dublin	Ireland	6	$18.56 billion	$23.40 billion	adviserinfo.sec.gov
Jpmorgan Asset Management (UK) Limited	London	United Kingdom	23	$18.55 billion	$484.10 billion	adviserinfo.sec.gov
Nomura Corporate Research and Asset Management Inc	New York	NY	20	$18.43 billion	$37.56 billion	adviserinfo.sec.gov
Connor Clark & Lunn Investment Management LTD	Vancouver, BC	Canada	23	$18.30 billion	$85.59 billion	adviserinfo.sec.gov
Portfolio Advisors LLC	Darien	CT	Fewer than 5	$18.05 billion	$47.84 billion	adviserinfo.sec.gov
Income Research + Management	Boston	MA	44	$17.81 billion	$130.65 billion	adviserinfo.sec.gov
CBRE Investment Management Indirect Limited	London	United Kingdom	31	$17.35 billion	$50.42 billion	adviserinfo.sec.gov
Voya Investment Management Co. LLC	New York	NY	52	$17.33 billion	$274.95 billion	adviserinfo.sec.gov
PNC Capital Advisors LLC	Baltimore	MD	40	$17.24 billion	$50.88 billion	adviserinfo.sec.gov
Sterling Capital Management LLC	Charlotte	NC	112	$17.22 billion	$69.23 billion	adviserinfo.sec.gov
Valley View Consulting LLC			76	$16.40 billion	$16.40 billion	adviserinfo.sec.gov
Record Currency Management Inc	New York	NY	Fewer than 5	$15.81 billion	$19.66 billion	adviserinfo.sec.gov
Barrow Hanley Global Investors	Dallas	TX	36	$15.80 billion	$59.04 billion	adviserinfo.sec.gov
Ptma Investment Advisors	Denver	CO	71	$15.72 billion	$104.24 billion	adviserinfo.sec.gov
New England Asset Management, Inc.	Farmington	CT	14	$15.23 billion	$111.72 billion	adviserinfo.sec.gov
Brandes Investment Partners, LP	LA Jolla	CA	24	$14.99 billion	$40.65 billion	adviserinfo.sec.gov
Gi Partners	Scottsdale	AZ	1	$14.94 billion	$35.74 billion	adviserinfo.sec.gov
Earnest Partners, LLC	Atlanta	GA	88	$14.93 billion	$42.61 billion	adviserinfo.sec.gov
Schroder Investment Management North America Inc	New York	NY	33	$14.61 billion	$150.40 billion	adviserinfo.sec.gov
Pzena Investment Management LLC	New York	NY	29	$14.48 billion	$81.44 billion	adviserinfo.sec.gov
Blackrock Investment Management, LLC	Princeton	NJ	12	$14.15 billion	$676.69 billion	adviserinfo.sec.gov
AQR Capital Management, LLC	Greenwich	CT	17	$13.88 billion	$311.70 billion	adviserinfo.sec.gov
Garcia Hamilton & Associates LP	Houston	TX	148	$13.70 billion	$24.86 billion	adviserinfo.sec.gov
Mackay Shields LLC	New York	NY	34	$13.08 billion	$159.52 billion	adviserinfo.sec.gov
Ascensus Investment Advisors, LLC	Needham	MA	27	$12.97 billion	$12.97 billion	adviserinfo.sec.gov
RBC Global Asset Management (U.S.) Inc.	Minneapolis	MN	31	$12.92 billion	$104.49 billion	adviserinfo.sec.gov
Causeway Capital Management LLC	Los Angeles	CA	19	$12.67 billion	$62.24 billion	adviserinfo.sec.gov
William Blair Investment Management, LLC	Chicago	IL	54	$11.93 billion	$65.60 billion	adviserinfo.sec.gov
Schroder Investment Management North America LTD	London	United Kingdom	16	$11.81 billion	$82.55 billion	adviserinfo.sec.gov
Western Asset Management Company	Pasadena	CA	21	$11.64 billion	$184.99 billion	adviserinfo.sec.gov
Pictet Asset Management SA	Geneva	Switzerland	18	$11.59 billion	$330.70 billion	adviserinfo.sec.gov
Invesco Asset Management LTD.	Henley-On-Thames	United Kingdom	12	$11.48 billion	$187.60 billion	adviserinfo.sec.gov
Jennison Associates	New York	NY	29	$10.72 billion	$214.84 billion	adviserinfo.sec.gov
Antares Capital Advisers LLC	Chicago	IL	Fewer than 5	$10.32 billion	$47.39 billion	adviserinfo.sec.gov
Metlife Investment Management, LLC	Whippany	NJ	41	$10.04 billion	$563.78 billion	adviserinfo.sec.gov
Conning, Inc.	Hartford	CT	17	$9.85 billion	$106.90 billion	adviserinfo.sec.gov
Dfa Australia Limited	Sydney	Australia	19	$9.84 billion	$361.60 billion	adviserinfo.sec.gov
Dimensional Fund Advisors LTD	London	United Kingdom	19	$9.84 billion	$364.73 billion	adviserinfo.sec.gov
Marathon-London	London	United Kingdom	14	$9.82 billion	$39.04 billion	adviserinfo.sec.gov
Redtree Investment Group	Cincinnati	OH	371	$9.67 billion	$9.68 billion	adviserinfo.sec.gov
Fiam LLC	Smithfield	RI	39	$9.66 billion	$347.73 billion	adviserinfo.sec.gov
UBS Asset Management (Americas) LLC	New York	NY	141	$9.41 billion	$588.22 billion	adviserinfo.sec.gov
TCW Asset Management Company LLC	Los Angeles	CA	17	$9.33 billion	$81.18 billion	adviserinfo.sec.gov
GQG Partners	Fort Lauderdale	FL	9	$9.04 billion	$163.86 billion	adviserinfo.sec.gov
Pinebridge Investments LLC	New York	NY	23	$8.85 billion	$76.73 billion	adviserinfo.sec.gov
Rock Creek Group LLC	Washington	DC	5	$8.73 billion	$18.38 billion	adviserinfo.sec.gov
WCM Investment Management	Laguna Beach	CA	51	$8.73 billion	$96.77 billion	adviserinfo.sec.gov
Deep Blue Investment Advisors	Tampa	FL	25	$8.58 billion	$18.16 billion	adviserinfo.sec.gov
Shuster Advisory Group, LLC	Pasadena	CA	103	$8.53 billion	$10.32 billion	adviserinfo.sec.gov
Nepc, LLC	Boston	MA	73	$8.52 billion	$152.72 billion	adviserinfo.sec.gov
Gallagher Fiduciary Advisors, LLC	Rolling Meadows	IL	36	$8.44 billion	$194.82 billion	adviserinfo.sec.gov
Robert W. Baird & Co. Incorporated	Milwaukee	WI	76	$8.18 billion	$394.07 billion	adviserinfo.sec.gov
Clarion Partners	New York	NY	8	$8.15 billion	$73.68 billion	adviserinfo.sec.gov
Morgan Stanley	Purchase	NY	1,423	$8.11 billion	$1.96 trillion	adviserinfo.sec.gov
Gulf International Bank (UK) Limited	London	United Kingdom	Fewer than 5	$8.03 billion	$8.03 billion	adviserinfo.sec.gov
Bridgewater Associates, LP	Westport	CT	Fewer than 5	$7.96 billion	$150.16 billion	adviserinfo.sec.gov
NB Alternatives Advisers LLC	Dallas	TX	9	$7.87 billion	$160.24 billion	adviserinfo.sec.gov
Artisan Partners Limited Partnership	Milwaukee	WI	19	$7.81 billion	$183.62 billion	adviserinfo.sec.gov
Abrdn Investments Limited	Edinburgh	United Kingdom	20	$7.68 billion	$206.50 billion	adviserinfo.sec.gov
Vinva Investment Management	Sydney, NSW	Australia	6	$7.47 billion	$42.90 billion	adviserinfo.sec.gov
Abbott Capital Management LLC	New York	NY	5	$7.45 billion	$15.56 billion	adviserinfo.sec.gov
Doubleline Capital LP	Tampa	FL	14	$7.45 billion	$93.32 billion	adviserinfo.sec.gov
Strategic Advisers LLC	Boston	MA	92	$7.35 billion	$1.37 trillion	adviserinfo.sec.gov
Arga Investment Management, LP	Miami	FL	26	$7.30 billion	$24.57 billion	adviserinfo.sec.gov
Voya Retirement Advisors, LLC	Windsor	CT	175	$7.29 billion	$37.47 billion	adviserinfo.sec.gov
Shenkman Capital Management, Inc.	New York	NY	18	$7.22 billion	$36.54 billion	adviserinfo.sec.gov
Cambridge Associates, LLC	Boston	MA	5	$7.16 billion	$326.70 billion	adviserinfo.sec.gov
Truston Asset Management	Seoul	Korea, South	Fewer than 5	$7.12 billion	$13.75 billion	adviserinfo.sec.gov
Omnicap Group LLC	El Segundo	CA	6	$6.51 billion	$6.51 billion	adviserinfo.sec.gov
Cohen & Steers Capital Management Inc.	New York	NY	21	$6.47 billion	$85.67 billion	adviserinfo.sec.gov
Metropolitan West Asset Management LLC	Los Angeles	CA	14	$6.45 billion	$78.52 billion	adviserinfo.sec.gov
Harding Loevner LP	Bridgewater	NJ	17	$6.12 billion	$32.06 billion	adviserinfo.sec.gov
Longfellow Investment Management Co. LLC	Boston	MA	24	$6.10 billion	$23.44 billion	adviserinfo.sec.gov
HSBC Global Asset Management (UK) Limited	London	United Kingdom	3	$6.05 billion	$260.22 billion	adviserinfo.sec.gov
Boston Partners	Boston	MA	37	$5.95 billion	$116.17 billion	adviserinfo.sec.gov
Harris \| Oakmark	Chicago	IL	10	$5.88 billion	$109.48 billion	adviserinfo.sec.gov
Sands Capital Management, LLC	Arlington	VA	16	$5.87 billion	$44.30 billion	adviserinfo.sec.gov
LM Capital Group, LLC	San Diego	CA	26	$5.64 billion	$6.10 billion	adviserinfo.sec.gov
Wasatch Advisors LP	Salt Lake City	UT	27	$5.54 billion	$23.35 billion	adviserinfo.sec.gov
Principal Asset Management	Des Moines	IA	78	$5.54 billion	$427.71 billion	adviserinfo.sec.gov
Oaktree Capital Management, L.P.	Los Angeles	CA	12	$5.49 billion	$183.29 billion	adviserinfo.sec.gov
Numeric Investors LLC	Boston	MA	9	$5.48 billion	$94.40 billion	adviserinfo.sec.gov
Marquette Associates, Inc.	Chicago	IL	52	$5.34 billion	$47.06 billion	adviserinfo.sec.gov
Manulife Investment Management (US) LLC	Boston	MA	15	$5.32 billion	$228.04 billion	adviserinfo.sec.gov
Jacobs Levy Equity Management	Florham Park	NJ	9	$5.28 billion	$28.01 billion	adviserinfo.sec.gov
Leading Edge Investment Advisors,Llc	San Francisco	CA	12	$5.17 billion	$5.17 billion	adviserinfo.sec.gov
Cooke & Bieler, L.P.	Philadelphia	PA	25	$5.11 billion	$10.56 billion	adviserinfo.sec.gov
Driehaus Capital Management LLC	Chicago	IL	7	$5.10 billion	$26.12 billion	adviserinfo.sec.gov
Panagora Asset Management Inc	Boston	MA	11	$5.06 billion	$44.13 billion	adviserinfo.sec.gov
Goldentree Asset Management LP	New York	NY	10	$5.00 billion	$70.14 billion	adviserinfo.sec.gov
Brigade Capital Management, LP	New York	NY	11	$4.94 billion	$33.02 billion	adviserinfo.sec.gov
Todd Asset Management LLC	Louisville	KY	5	$4.90 billion	$6.18 billion	adviserinfo.sec.gov
Raymond James & Associates, Inc.	St. Petersburg	FL	117	$4.82 billion	$500.96 billion	adviserinfo.sec.gov
SLC Management	Wellesley Hills	MA	16	$4.80 billion	$76.41 billion	adviserinfo.sec.gov
Pugh Capital Management, Inc.	Seattle	WA	17	$4.78 billion	$12.82 billion	adviserinfo.sec.gov
Syzygy Asset Management, LLC	Newport Beach	CA	5	$4.68 billion	$32.22 billion	adviserinfo.sec.gov
Ramirez Asset Management, Inc.	New York	NY	17	$4.66 billion	$12.27 billion	adviserinfo.sec.gov
Centersquare Investment Management LLC	Conshohocken	PA	24	$4.62 billion	$13.70 billion	adviserinfo.sec.gov
GCM Grosvenor L.P.	Chicago	IL	10	$4.54 billion	$95.49 billion	adviserinfo.sec.gov
General Atlantic Service Company, L.P.	New York	NY	Fewer than 5	$4.52 billion	$125.26 billion	adviserinfo.sec.gov
Victory Capital Management Inc.	San Antonio	TX	19	$4.51 billion	$282.71 billion	adviserinfo.sec.gov
Goldman Sachs Asset Management, L.P.	New York	NY	7	$4.39 billion	$2.65 trillion	adviserinfo.sec.gov
Westfield Capital Management Company, L.P.	Boston	MA	38	$4.29 billion	$29.81 billion	adviserinfo.sec.gov
Grantham Mayo van Otterloo & Co LLC	Boston	MA	9	$4.29 billion	$80.97 billion	adviserinfo.sec.gov
Candriam S.C.A.	Strassen	Luxembourg	12	$4.28 billion	$154.66 billion	adviserinfo.sec.gov
Brandywine Global Investment Management, LLC	Philadelphia	PA	42	$4.26 billion	$65.44 billion	adviserinfo.sec.gov
UBS Financial Services Inc.	Weehawken	NJ	357	$4.26 billion	$915.79 billion	adviserinfo.sec.gov
Pinestone Asset Management Inc.	Montreal, Quebec	Canada	8	$4.25 billion	$54.13 billion	adviserinfo.sec.gov
Abrdn Asia Limited	Singapore	Singapore	9	$4.25 billion	$40.27 billion	adviserinfo.sec.gov
Capital International, Inc.	Los Angeles	CA	15	$4.24 billion	$64.25 billion	adviserinfo.sec.gov
Magellan Investment Partners	Sydney, NSW	Australia	9	$4.22 billion	$20.80 billion	adviserinfo.sec.gov
Pgim Quantitative Solutions	Newark	NJ	7	$4.21 billion	$110.95 billion	adviserinfo.sec.gov
CS McKee	Warrendale	PA	320	$4.18 billion	$11.65 billion	adviserinfo.sec.gov
Virtus Fixed Income Advisers, LLC	Hartford	CT	11	$4.18 billion	$34.91 billion	adviserinfo.sec.gov
Lord, Abbett & Co. LLC	Jersey City	NJ	14	$4.15 billion	$270.39 billion	adviserinfo.sec.gov
Guggenheim Partners Investment Management, LLC	New York	NY	11	$4.01 billion	$240.66 billion	adviserinfo.sec.gov
Frontier Capital Management Co LLC	Boston	MA	13	$3.93 billion	$9.60 billion	adviserinfo.sec.gov
L&G, Asset Management, America	Chicago	IL	5	$3.88 billion	$267.16 billion	adviserinfo.sec.gov
Bowen, Hanes & Co Inc	Ponte Vedra Beach	FL	15	$3.86 billion	$4.62 billion	adviserinfo.sec.gov
Eaton Vance Management	Boston	MA	9	$3.84 billion	$97.02 billion	adviserinfo.sec.gov
Ariel Investments, LLC	Chicago	IL	27	$3.84 billion	$12.78 billion	adviserinfo.sec.gov
Gresham Investment Management LLC	New York	NY	6	$3.81 billion	$8.55 billion	adviserinfo.sec.gov
Sprucegrove Investment Management LTD	Toronto, Ontario	Canada	Fewer than 5	$3.77 billion	$11.53 billion	adviserinfo.sec.gov
Bivium Capital Partners, LLC	San Francisco	CA	11	$3.75 billion	$6.73 billion	adviserinfo.sec.gov
Agincourt Capital Management, LLC	Richmond	VA	34	$3.67 billion	$9.95 billion	adviserinfo.sec.gov
Empower Capital Management, LLC	Greenwood Village	CO	15	$3.65 billion	$77.96 billion	adviserinfo.sec.gov
Canso Investment Counsel LTD.	Richmond Hill, Ontario	Canada	9	$3.62 billion	$46.65 billion	adviserinfo.sec.gov
Buckhead Capital Management, LLC	Atlanta	GA	30	$3.62 billion	$5.76 billion	adviserinfo.sec.gov
Focus Partners Wealth, LLC	St. Louis	MO	42	$3.61 billion	$181.86 billion	adviserinfo.sec.gov
Ehlers	Minneapolis	MN	300	$3.57 billion	$3.59 billion	adviserinfo.sec.gov
Thompson Siegel & Walmsley LLC	Richmond	VA	9	$3.52 billion	$21.15 billion	adviserinfo.sec.gov
Northwest Capital Management Inc.	Lake Oswego	OR	25	$3.52 billion	$8.52 billion	adviserinfo.sec.gov
Atlanta Capital	Atlanta	GA	42	$3.50 billion	$28.64 billion	adviserinfo.sec.gov
Core and Value Advisors, LLC	San Francisco	CA	Fewer than 5	$3.50 billion	$21.18 billion	adviserinfo.sec.gov
Beutel, Goodman & Company LTD.	Toronto, Ont.	Canada	22	$3.46 billion	$36.11 billion	adviserinfo.sec.gov
Nomura Investment Management Business Trust	Philadelphia	PA	15	$3.43 billion	$144.04 billion	adviserinfo.sec.gov
First Sentier Investors (Hong Kong) Limited	Hong Kong	Hong Kong	7	$3.41 billion	$32.87 billion	adviserinfo.sec.gov
Creative Planning	Overland Park	KS	199	$3.39 billion	$295.57 billion	adviserinfo.sec.gov
Petercam Institutional Asset Management	Brussels	Belgium	29	$3.37 billion	$16.87 billion	adviserinfo.sec.gov
Precision Fiduciary Partners, LLC	Austin	TX	29	$3.35 billion	$24.08 billion	adviserinfo.sec.gov
Baker Tilly Wealth Management, LLC	Madison	WI	113	$3.29 billion	$5.19 billion	adviserinfo.sec.gov
Aequim Alternative Investments LP	Mill Valley	CA	2	$3.26 billion	$8.25 billion	adviserinfo.sec.gov
Usi Advisors	Glastonbury	CT	107	$3.24 billion	$56.28 billion	adviserinfo.sec.gov
Lincoln Advisory Group, LLC	Chicago	IL	Fewer than 5	$3.22 billion	$3.22 billion	adviserinfo.sec.gov
Commonwealth Financial Network	Waltham	MA	300	$3.20 billion	$212.66 billion	adviserinfo.sec.gov
Hub Investment Partners, LLC	Austin	TX	482	$3.19 billion	$11.88 billion	adviserinfo.sec.gov
Rreef America L.L.C.	Chicago	IL	5	$3.11 billion	$34.34 billion	adviserinfo.sec.gov
Addenda Capital	Montreal, Quebec	Canada	9	$3.07 billion	$29.02 billion	adviserinfo.sec.gov
Channing Capital Management, LLC	Chicago	IL	28	$3.06 billion	$4.25 billion	adviserinfo.sec.gov
Cambridge Investment Research Advisors, Inc.	Fairfield	IA	2,948	$3.00 billion	$138.69 billion	adviserinfo.sec.gov
Abrdn Inc.	Philadelphia	PA	12	$2.96 billion	$41.48 billion	adviserinfo.sec.gov
Iwc Investment Partners A/S	Copenhagen	Denmark	1	$2.95 billion	$2.95 billion	adviserinfo.sec.gov
Alaska Permanent Capital Management, LLC	Anchorage	AK	32	$2.95 billion	$4.40 billion	adviserinfo.sec.gov
Fiera Capital Inc.	New York	NY	18	$2.93 billion	$17.28 billion	adviserinfo.sec.gov
Citigroup Global Markets Inc.	New York	NY	11	$2.84 billion	$56.01 billion	adviserinfo.sec.gov
Wainwright Investment Counsel LLC	Boston	MA	10	$2.84 billion	$5.52 billion	adviserinfo.sec.gov
Aristotle Capital Management, LLC	Los Angeles	CA	38	$2.82 billion	$43.54 billion	adviserinfo.sec.gov
Advent Capital Management, LLC	New York	NY	28	$2.82 billion	$8.82 billion	adviserinfo.sec.gov
Complus Asset Management (Singapore) Pte. LTD.	Singapore	Singapore	Fewer than 5	$2.81 billion	$5.87 billion	adviserinfo.sec.gov
Complus Asset Management (UK) Limited	London	United Kingdom	Fewer than 5	$2.81 billion	$5.87 billion	adviserinfo.sec.gov
Complus Asset Management Limited	Hong Kong	Hong Kong	Fewer than 5	$2.81 billion	$5.87 billion	adviserinfo.sec.gov
Stable Asset Management LP	New York	NY	2	$2.81 billion	$4.60 billion	adviserinfo.sec.gov
Columbia Management Investment Advisers, LLC	Boston	MA	15	$2.80 billion	$502.40 billion	adviserinfo.sec.gov
Post Advisory Group, LLC	Los Angeles	CA	4	$2.75 billion	$13.03 billion	adviserinfo.sec.gov
Morgan Stanley Investment Management Limited	London	United Kingdom	2	$2.75 billion	$174.54 billion	adviserinfo.sec.gov
Franklin Templeton Investment Management Limited	London	United Kingdom	8	$2.73 billion	$40.52 billion	adviserinfo.sec.gov
Westwood Management Corp	Dallas	TX	18	$2.72 billion	$12.46 billion	adviserinfo.sec.gov
Brown Advisory	Baltimore	MD	17	$2.71 billion	$124.31 billion	adviserinfo.sec.gov
Independent Franchise Partners LLP	London	United Kingdom	7	$2.71 billion	$23.85 billion	adviserinfo.sec.gov
Castleark Management LLC	Chicago	IL	11	$2.70 billion	$4.59 billion	adviserinfo.sec.gov
Sparx Asset Management Co., LTD.	Tokyo	Japan	2	$2.68 billion	$11.71 billion	adviserinfo.sec.gov
Goldman Sachs Asset Management Co., LTD.	Minato-Ku, Tokyo	Japan	4	$2.68 billion	$71.83 billion	adviserinfo.sec.gov
Merganser Capital Management, LLC	Boston	MA	7	$2.64 billion	$17.66 billion	adviserinfo.sec.gov
HSBC Global Asset Management (Hong Kong) Limited	Hong Kong	Hong Kong	10	$2.64 billion	$149.48 billion	adviserinfo.sec.gov
Retirement Plan Advisors, LLC	Chicago	IL	176	$2.64 billion	$3.54 billion	adviserinfo.sec.gov
SEI Investments Management Corp	Oaks	PA	4	$2.63 billion	$216.43 billion	adviserinfo.sec.gov
Wilmington Trust Investment Advisors, Inc.	Wilmington	DE	15	$2.61 billion	$17.83 billion	adviserinfo.sec.gov
Crescent Capital Group LP	Los Angeles	CA	6	$2.58 billion	$49.71 billion	adviserinfo.sec.gov
Harvest Fund Advisors LLC	Wayne	PA	16	$2.47 billion	$8.13 billion	adviserinfo.sec.gov
Northcape Capital	Sydney, New South Wales	Australia	Fewer than 5	$2.46 billion	$12.29 billion	adviserinfo.sec.gov
Life Cycle Investment Partners Limited	London	United Kingdom	4	$2.44 billion	$29.38 billion	adviserinfo.sec.gov
Hotchkis and Wiley Capital Management, LLC	Los Angeles	CA	12	$2.44 billion	$36.93 billion	adviserinfo.sec.gov
T. Rowe Price International LTD	London	United Kingdom	10	$2.43 billion	$277.19 billion	adviserinfo.sec.gov
BLS Capital Fondsmaeglerselskab A/S	Klampenborg	Denmark	Fewer than 5	$2.43 billion	$7.22 billion	adviserinfo.sec.gov
Longview Partners (Guernsey) Limited	St. Peter Port	Guernsey	Fewer than 5	$2.34 billion	$11.51 billion	adviserinfo.sec.gov
Longview Partners LLP	London	United Kingdom	Fewer than 5	$2.34 billion	$11.51 billion	adviserinfo.sec.gov
TRB Wealth Management, LLC	Houston	TX	11	$2.33 billion	$3.74 billion	adviserinfo.sec.gov
CBRE Investment Management Listed Real Assets LLC	Radnor	PA	15	$2.33 billion	$10.80 billion	adviserinfo.sec.gov
Insight Investment	New York	NY	11	$2.32 billion	$171.09 billion	adviserinfo.sec.gov
Mission Prime LLC	Guaynabo	PR	2	$2.30 billion	$2.35 billion	adviserinfo.sec.gov
Stepstone Group Real Assets LP	LA Jolla	CA	2	$2.28 billion	$41.48 billion	adviserinfo.sec.gov
Forest Investment Associates	Atlanta	GA	6	$2.24 billion	$5.24 billion	adviserinfo.sec.gov
Allspring Global Investments (UK) Limited	London	United Kingdom	Fewer than 5	$2.23 billion	$30.79 billion	adviserinfo.sec.gov
Cfi Partners	Chicago	IL	Fewer than 5	$2.22 billion	$26.31 billion	adviserinfo.sec.gov
Meketa Investment Group Inc	Westwood	MA	125	$2.21 billion	$9.99 billion	adviserinfo.sec.gov
Morgan Stanley Investment Management Inc.	New York	NY	5	$2.20 billion	$702.25 billion	adviserinfo.sec.gov
Eagle Capital Management LLC	New York	NY	17	$2.20 billion	$35.80 billion	adviserinfo.sec.gov
Jupiter Asset Management Limited	London	United Kingdom	1	$2.17 billion	$68.22 billion	adviserinfo.sec.gov
Fort Washington Investment Advisors Inc	Cincinnati	OH	3	$2.16 billion	$93.47 billion	adviserinfo.sec.gov
Aksia LLC	New York	NY	25	$2.16 billion	$35.20 billion	adviserinfo.sec.gov
LGT Capital Partners (USA) Inc.	New York	NY	Fewer than 5	$2.14 billion	$59.78 billion	adviserinfo.sec.gov
Los Angeles Capital Management LLC	Los Angeles	CA	5	$2.12 billion	$40.58 billion	adviserinfo.sec.gov
New Century Advisors, LLC	Chevy Chase	MD	10	$2.11 billion	$4.31 billion	adviserinfo.sec.gov
Oak Hill Advisors, L.P.	New York	NY	5	$2.10 billion	$100.72 billion	adviserinfo.sec.gov
Van Berkom and Associates Inc.	Montreal, Quebec	Canada	9	$2.10 billion	$3.42 billion	adviserinfo.sec.gov
Emerald Advisers, LLC	Leola	PA	23	$2.05 billion	$3.30 billion	adviserinfo.sec.gov
Samsung Asset Management Company, LTD.	Seoul	Korea, South	3	$2.05 billion	$300.82 billion	adviserinfo.sec.gov
D. E. Shaw Investment Management, L.L.C.	New York	NY	Fewer than 5	$2.04 billion	$33.37 billion	adviserinfo.sec.gov
CBRE Investment Management Infrastructure Inc.	Toronto, Ontario	Canada	14	$2.03 billion	$11.54 billion	adviserinfo.sec.gov
Blue Owl Real Estate Capital LLC	Chicago	IL	3	$2.02 billion	$67.88 billion	adviserinfo.sec.gov
Townsend Holdings LLC	Cleveland	OH	5	$2.02 billion	$19.64 billion	adviserinfo.sec.gov
Columbia Capital Management, LLC	Merriam	KS	22	$1.99 billion	$2.09 billion	adviserinfo.sec.gov
Systematic Financial Management LP	Teaneck	NJ	14	$1.98 billion	$4.21 billion	adviserinfo.sec.gov
Stifel Capital Management, LLC	New York	NY	20	$1.96 billion	$4.20 billion	adviserinfo.sec.gov
Newton Investment Management North America	Boston	MA	22	$1.95 billion	$59.16 billion	adviserinfo.sec.gov
Neuberger Berman Europe Limited	London	United Kingdom	6	$1.95 billion	$97.98 billion	adviserinfo.sec.gov
Sisung Investment Management Services LLC	Metairie	LA	13	$1.94 billion	$1.94 billion	adviserinfo.sec.gov
Mawer Investment Management LTD.	Calgary, Alberta	Canada	7	$1.94 billion	$40.94 billion	adviserinfo.sec.gov
Schroder Investment Management (Japan) Limited	Chiyoda-Ku, Tokyo	Japan	7	$1.94 billion	$11.01 billion	adviserinfo.sec.gov
Beirne.	Darien	CT	28	$1.92 billion	$2.26 billion	adviserinfo.sec.gov
Zhang Financial	Portage	MI	5	$1.92 billion	$8.37 billion	adviserinfo.sec.gov
Tortoise Capital Advisors, L.L.C.	Overland Park	KS	14	$1.91 billion	$8.93 billion	adviserinfo.sec.gov
Beach Point Capital Management LP	Santa Monica	CA	5	$1.90 billion	$29.77 billion	adviserinfo.sec.gov
Segall Bryant & Hamill	Chicago	IL	28	$1.90 billion	$22.64 billion	adviserinfo.sec.gov
Nuveen Asset Management, LLC	Chicago	IL	44	$1.90 billion	$280.48 billion	adviserinfo.sec.gov
Veritas Asset Management LLP	London	United Kingdom	2	$1.88 billion	$19.13 billion	adviserinfo.sec.gov
Hartford Funds	Wayne	PA	Fewer than 5	$1.87 billion	$152.07 billion	adviserinfo.sec.gov
Sit Fixed Income Advisors II, LLC	Minneapolis	MN	6	$1.87 billion	$14.97 billion	adviserinfo.sec.gov
Starboard Value LP	New York	NY	Fewer than 5	$1.86 billion	$8.15 billion	adviserinfo.sec.gov
Christofferson, Robb & Company	New York	NY	4	$1.86 billion	$11.27 billion	adviserinfo.sec.gov
Loop Capital Asset Management	Miami	FL	18	$1.83 billion	$10.81 billion	adviserinfo.sec.gov
Cbiz Investment Advisory Services, LLC	Cleveland	OH	243	$1.83 billion	$12.76 billion	adviserinfo.sec.gov
Ptma Investment Advisors	Naperville	IL	108	$1.81 billion	$30.59 billion	adviserinfo.sec.gov
Globeflex Capital LP	San Diego	CA	5	$1.80 billion	$4.60 billion	adviserinfo.sec.gov
DWS Investment Management Americas, Inc.	New York	NY	2	$1.78 billion	$199.66 billion	adviserinfo.sec.gov
Stifel, Nicolaus & Company, Incorporated	St Louis	MO	47	$1.75 billion	$197.53 billion	adviserinfo.sec.gov
Amova Asset Management Asia Limited	Singapore	Singapore	5	$1.74 billion	$14.23 billion	adviserinfo.sec.gov
Sage Advisory Services LTD Co	Austin	TX	51	$1.73 billion	$28.43 billion	adviserinfo.sec.gov
Orleans Capital Management Corp	Mandeville	LA	38	$1.72 billion	$2.13 billion	adviserinfo.sec.gov
GC Advisors LLC	Chicago	IL	6	$1.71 billion	$177.85 billion	adviserinfo.sec.gov
Napier Park Global Capital (US) LP	New York	NY	5	$1.70 billion	$14.57 billion	adviserinfo.sec.gov
Patria Private Equity (Europe) Limited	Edinburgh	United Kingdom	4	$1.69 billion	$8.01 billion	adviserinfo.sec.gov
Polen Capital Management, LLC	Boca Raton	FL	26	$1.65 billion	$24.06 billion	adviserinfo.sec.gov
LPC Realty Advisors I, LLC	Chicago	IL	Fewer than 5	$1.65 billion	$1.65 billion	adviserinfo.sec.gov
J.P. Morgan Natural Capital	Portland	OR	Fewer than 5	$1.63 billion	$7.02 billion	adviserinfo.sec.gov
JD Euroway Capital Partners LLC	Montreal, Quebec	Canada	Fewer than 5	$1.63 billion	$2.20 billion	adviserinfo.sec.gov
Cornerstone Advisors Asset Management, LLC	Bethlehem	PA	21	$1.63 billion	$9.57 billion	adviserinfo.sec.gov
Boyd Watterson Asset Management, LLC	Cleveland	OH	40	$1.60 billion	$18.81 billion	adviserinfo.sec.gov
Wgi DM, LLC	Boston	MA	Fewer than 5	$1.58 billion	$7.78 billion	adviserinfo.sec.gov
Kennedy Capital Management	St Louis	MO	23	$1.57 billion	$5.02 billion	adviserinfo.sec.gov

By state

State	Advisers
New York	167
California	110
Massachusetts	79
Pennsylvania	69
Illinois	59
Texas	51
Connecticut	48
Florida	45
Georgia	30
Ohio	26
Minnesota	24
Colorado	23
Michigan	21
Missouri	20
Tennessee	20
New Jersey	19
Wisconsin	18
Maryland	18
Washington	14
Virginia	14
Oregon	14
North Carolina	13
Indiana	12
South Carolina	8
Kentucky	8
Utah	8
Alabama	8
Arizona	7
Kansas	7
Maine	6
Louisiana	6
Iowa	6
District of Columbia	6
Arkansas	5
Idaho	5
Vermont	5
Montana	4
Delaware	4
Nebraska	4
New Hampshire	4
Puerto Rico	3
Rhode Island	3
Mississippi	3
Oklahoma	3
West Virginia	3
Nevada	2
Alaska	1
Hawaii	1

Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.