Data / Investment advisers / Serving state and municipal governments / California
Investment advisers in California serving state and municipal governments: 110 firms
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
110 SEC registered investment advisers with a main office in California report state and municipal governments among their clients in Form ADV item 5.D, and together they attribute $414 billion of their assets under management to them, in the SEC's file of November 2, 2026. The adviser with the most is Pacific Investment Management Company LLC.
The request: Every investment adviser in California that serves state and municipal governments, with AUM, phone and website. $10 of work on sign-up, no card.
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.
- 110Advisers
- $414 billionAUM from this client type
- 106Advisers over $100 million
- November 2, 2026File date
Advisers in California 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.
| Adviser | City | Clients of this type | AUM from this type | Total AUM | Source |
|---|
| Pacific Investment Management Company LLC | Newport Beach | 108 | $95.27 billion | $3.67 trillion | adviserinfo.sec.gov |
| Pathway Capital Management, LP | Irvine | 7 | $48.80 billion | $97.82 billion | adviserinfo.sec.gov |
| Payden & Rygel | Los Angeles | 42 | $39.39 billion | $158.23 billion | adviserinfo.sec.gov |
| Chandler Asset Management Inc | San Diego | 236 | $37.75 billion | $45.31 billion | adviserinfo.sec.gov |
| Dodge & Cox | San Francisco | 54 | $29.40 billion | $466.56 billion | adviserinfo.sec.gov |
| Brandes Investment Partners, LP | LA Jolla | 24 | $14.99 billion | $40.65 billion | adviserinfo.sec.gov |
| Causeway Capital Management LLC | Los Angeles | 19 | $12.67 billion | $62.24 billion | adviserinfo.sec.gov |
| Western Asset Management Company | Pasadena | 21 | $11.64 billion | $184.99 billion | adviserinfo.sec.gov |
| TCW Asset Management Company LLC | Los Angeles | 17 | $9.33 billion | $81.18 billion | adviserinfo.sec.gov |
| WCM Investment Management | Laguna Beach | 51 | $8.73 billion | $96.77 billion | adviserinfo.sec.gov |
| Shuster Advisory Group, LLC | Pasadena | 103 | $8.53 billion | $10.32 billion | adviserinfo.sec.gov |
| Omnicap Group LLC | El Segundo | 6 | $6.51 billion | $6.51 billion | adviserinfo.sec.gov |
| Metropolitan West Asset Management LLC | Los Angeles | 14 | $6.45 billion | $78.52 billion | adviserinfo.sec.gov |
| LM Capital Group, LLC | San Diego | 26 | $5.64 billion | $6.10 billion | adviserinfo.sec.gov |
| Oaktree Capital Management, L.P. | Los Angeles | 12 | $5.49 billion | $183.29 billion | adviserinfo.sec.gov |
| Leading Edge Investment Advisors,Llc | San Francisco | 12 | $5.17 billion | $5.17 billion | adviserinfo.sec.gov |
| Syzygy Asset Management, LLC | Newport Beach | 5 | $4.68 billion | $32.22 billion | adviserinfo.sec.gov |
| Capital International, Inc. | Los Angeles | 15 | $4.24 billion | $64.25 billion | adviserinfo.sec.gov |
| Bivium Capital Partners, LLC | San Francisco | 11 | $3.75 billion | $6.73 billion | adviserinfo.sec.gov |
| Core and Value Advisors, LLC | San Francisco | Fewer than 5 | $3.50 billion | $21.18 billion | adviserinfo.sec.gov |
| Aequim Alternative Investments LP | Mill Valley | 2 | $3.26 billion | $8.25 billion | adviserinfo.sec.gov |
| Aristotle Capital Management, LLC | Los Angeles | 38 | $2.82 billion | $43.54 billion | adviserinfo.sec.gov |
| Post Advisory Group, LLC | Los Angeles | 4 | $2.75 billion | $13.03 billion | adviserinfo.sec.gov |
| Crescent Capital Group LP | Los Angeles | 6 | $2.58 billion | $49.71 billion | adviserinfo.sec.gov |
| Hotchkis and Wiley Capital Management, LLC | Los Angeles | 12 | $2.44 billion | $36.93 billion | adviserinfo.sec.gov |
| Stepstone Group Real Assets LP | LA Jolla | 2 | $2.28 billion | $41.48 billion | adviserinfo.sec.gov |
| Los Angeles Capital Management LLC | Los Angeles | 5 | $2.12 billion | $40.58 billion | adviserinfo.sec.gov |
| Beach Point Capital Management LP | Santa Monica | 5 | $1.90 billion | $29.77 billion | adviserinfo.sec.gov |
| Globeflex Capital LP | San Diego | 5 | $1.80 billion | $4.60 billion | adviserinfo.sec.gov |
| Strategic Global Advisors, LLC | Newport Beach | 6 | $1.54 billion | $3.03 billion | adviserinfo.sec.gov |
| Wilshire | Santa Monica | 29 | $1.51 billion | $149.10 billion | adviserinfo.sec.gov |
| Blackrock Fund Advisors | San Francisco | Fewer than 5 | $1.37 billion | $4.28 trillion | adviserinfo.sec.gov |
| Kayne Anderson Rudnick Investment Management, LLC | Los Angeles | 19 | $1.32 billion | $39.36 billion | adviserinfo.sec.gov |
| Creative Planning Institutional Advisors, LLC | Newport Beach | 19 | $1.31 billion | $37.50 billion | adviserinfo.sec.gov |
| Generation Investment Management US LLP | San Francisco | Fewer than 5 | $1.24 billion | $10.54 billion | adviserinfo.sec.gov |
| Adelante Capital Management LLC | Alameda | 8 | $1.16 billion | $1.49 billion | adviserinfo.sec.gov |
| Divco West Real Estate Services, LLC | San Francisco | Fewer than 5 | $1.15 billion | $16.30 billion | adviserinfo.sec.gov |
| Pantheon | San Francisco | 3 | $1.05 billion | $87.69 billion | adviserinfo.sec.gov |
| The Informed Momentum Company LLC | Solana Beach | Fewer than 5 | $1.02 billion | $1.49 billion | adviserinfo.sec.gov |
| Capital Research & Consulting LLC | Pasadena | 5 | $1.02 billion | $5.99 billion | adviserinfo.sec.gov |
| KKR Credit Advisors (US) LLC | San Francisco | 5 | $984.7 million | $270.85 billion | adviserinfo.sec.gov |
| Cliffwater LLC | Marina Del Rey | 9 | $933.1 million | $48.51 billion | adviserinfo.sec.gov |
| Berkeley Partners Management, LLC | Oakland | Fewer than 5 | $892.3 million | $3.06 billion | adviserinfo.sec.gov |
| Focused Investors LLC | Los Angeles | Fewer than 5 | $876.4 million | $3.29 billion | adviserinfo.sec.gov |
| Denali Advisors, LLC | San Diego | 8 | $868 million | $1.39 billion | adviserinfo.sec.gov |
| Legato Capital Management, LLC | San Francisco | 6 | $802.5 million | $1.26 billion | adviserinfo.sec.gov |
| Main Street Advisors | Santa Monica | Fewer than 5 | $690.5 million | $9.65 billion | adviserinfo.sec.gov |
| Clarivest Asset Management LLC | San Diego | 4 | $601.4 million | $3.05 billion | adviserinfo.sec.gov |
| Team Hewins, LLC | Foster City | 2 | $567.6 million | $3.97 billion | adviserinfo.sec.gov |
| Ssi Investment Management LLC | Los Angeles | 11 | $565.5 million | $2.55 billion | adviserinfo.sec.gov |
| Frontier Global Partners LLC | LA Jolla | 9 | $539.6 million | $713.1 million | adviserinfo.sec.gov |
| Aristotle Pacific Capital, LLC | Newport Beach | Fewer than 5 | $534.2 million | $26.76 billion | adviserinfo.sec.gov |
| Skba Capital Management, LLC | San Francisco | Fewer than 5 | $525.5 million | $732 million | adviserinfo.sec.gov |
| Fuller & Thaler Asset Management Inc | San Mateo | 9 | $519.9 million | $30.25 billion | adviserinfo.sec.gov |
| Gifford Fong Associates | Lafayette | 1 | $517 million | $517 million | adviserinfo.sec.gov |
| Broadshore Capital Partners, LLC | Los Angeles | 1 | $492.4 million | $981.6 million | adviserinfo.sec.gov |
| Neumeier Poma Investment Counsel LLC | Carmel | 6 | $483.3 million | $1.37 billion | adviserinfo.sec.gov |
| Ducenta Squared Asset Management | El Segundo | 10 | $412.2 million | $3.35 billion | adviserinfo.sec.gov |
| Ares Capital Management LLC | Los Angeles | Fewer than 5 | $405 million | $97.62 billion | adviserinfo.sec.gov |
| Nicholas Investment Partners, L.P. | San Diego | 11 | $400.9 million | $1.45 billion | adviserinfo.sec.gov |
| Snyder Capital Management LP | San Francisco | Fewer than 5 | $397.9 million | $6.09 billion | adviserinfo.sec.gov |
| Prudent Investor Advisors, LLC | Folsom | 7 | $378.3 million | $1.30 billion | adviserinfo.sec.gov |
| Solstein Capital, LLC | Menlo Park | 5 | $367.4 million | $801.8 million | adviserinfo.sec.gov |
| Ibn Asset Management, LLC | Thousand Oaks | Fewer than 5 | $338.1 million | $508.2 million | adviserinfo.sec.gov |
| Belay Investment Group, LLC | Sherman Oaks | Fewer than 5 | $330.4 million | $427.5 million | adviserinfo.sec.gov |
| Rice Hall James & Associates LLC | San Diego | 8 | $307.9 million | $1.74 billion | adviserinfo.sec.gov |
| Parnassus Investments, LLC | San Francisco | 1 | $266.6 million | $41.09 billion | adviserinfo.sec.gov |
| Charles Schwab Investment Management, Inc | San Francisco | 10 | $239.2 million | $1.72 trillion | adviserinfo.sec.gov |
| Palisades Investment Partners, LLC | El Segundo | 4 | $207 million | $271 million | adviserinfo.sec.gov |
| Granite Investment Partners, LLC | El Segundo | 5 | $199.2 million | $1.84 billion | adviserinfo.sec.gov |
| Logica Capital Advisers, LLC | Los Angeles | Fewer than 5 | $174.4 million | $304.6 million | adviserinfo.sec.gov |
| Buchanan Street Partners, L.P. | Newport Beach | Fewer than 5 | $149 million | $1.61 billion | adviserinfo.sec.gov |
| Pacific Income Advisers Inc | El Segundo | 10 | $123 million | $2.25 billion | adviserinfo.sec.gov |
| Metis Global Partners, LLC | San Diego | 2 | $72.6 million | $5.67 billion | adviserinfo.sec.gov |
| Franklin Advisers, Inc. | San Mateo | 6 | $70.8 million | $509.45 billion | adviserinfo.sec.gov |
| Meketa Fiduciary Management, LLC | Carlsbad | Fewer than 5 | $62 million | $20.14 billion | adviserinfo.sec.gov |
| RCM Robinson Capital Management LLC | Sacramento | 3 | $56 million | $61.8 million | adviserinfo.sec.gov |
| White Oak Global Advisors, LLC | San Francisco | Fewer than 5 | $53.5 million | $5.11 billion | adviserinfo.sec.gov |
| Benefit Financial Services Group | Irvine | Fewer than 5 | $45.2 million | $1.54 billion | adviserinfo.sec.gov |
| Retirement Wellness Group | Pasadena | 2 | $35.5 million | $526.6 million | adviserinfo.sec.gov |
| Walker Financial Advisors Inc | Mission Viejo | Fewer than 5 | $32.2 million | $233.3 million | adviserinfo.sec.gov |
| Affinity Investment Advisors, LLC | Newport Beach | 1 | $31.7 million | $1.16 billion | adviserinfo.sec.gov |
| HCM Wealth | San Rafael | 2 | $29.1 million | $941.7 million | adviserinfo.sec.gov |
| Old West Investment Management, LLC | Los Angeles | Fewer than 5 | $27.1 million | $915.7 million | adviserinfo.sec.gov |
| Genter Capital Management | Los Angeles | 2 | $21.8 million | $5.10 billion | adviserinfo.sec.gov |
| Aria Wealth Management | Saratoga | 15 | $18.3 million | $130 million | adviserinfo.sec.gov |
| Saxon Securities LLC | San Francisco | 5 | $15.8 million | $94.6 million | adviserinfo.sec.gov |
| Findec Wealth Services, Inc. | Stockton | 11 | $15.7 million | $627.9 million | adviserinfo.sec.gov |
| Stepstone Group Real Estate LP | LA Jolla | 11 | $15.7 million | $17.21 billion | adviserinfo.sec.gov |
| Osterweis Capital Management | San Francisco | Fewer than 5 | $15.1 million | $439.4 million | adviserinfo.sec.gov |
| Aperio Group, LLC | Sausalito | 1 | $13.4 million | $152.13 billion | adviserinfo.sec.gov |
| Beacon Pointe Advisors, LLC | Newport Beach | 1 | $12.4 million | $54.87 billion | adviserinfo.sec.gov |
| Tripacific Capital Advisors, LLC | Irvine | 1 | $12.3 million | $12.3 million | adviserinfo.sec.gov |
| Mission Wealth Management, LP | Santa Barbara | 2 | $10 million | $17.00 billion | adviserinfo.sec.gov |
| Guggenheim Wealth Solutions, LLC | Santa Monica | Fewer than 5 | $9.2 million | $371.3 million | adviserinfo.sec.gov |
| Eagle Wealth Management Group Inc. | Valencia | Fewer than 5 | $9.2 million | $417.5 million | adviserinfo.sec.gov |
| Seabird Investment Partners | San Diego | 1 | $8.7 million | $419.1 million | adviserinfo.sec.gov |
| Longtail Alpha, LLC | Newport Beach | Fewer than 5 | $8.5 million | $822.4 million | adviserinfo.sec.gov |
| Osborne Partners | San Francisco | 1 | $7.1 million | $2.65 billion | adviserinfo.sec.gov |
| Mission Creek Capital Partners, Inc. | San Francisco | Fewer than 5 | $5.4 million | $741.6 million | adviserinfo.sec.gov |
| Gerber Kawasaki Wealth & Investment Management | Santa Monica | 6 | $4.5 million | $4.11 billion | adviserinfo.sec.gov |
| Sonoma Allocations | Santa Rosa | 1 | $4.1 million | $350 million | adviserinfo.sec.gov |
| Paamco Prisma, LLC | Newport Beach | Fewer than 5 | $3.3 million | $14.45 billion | adviserinfo.sec.gov |
| Axxcess Wealth Management, LLC | Carlsbad | Fewer than 5 | $870,002 | $8.88 billion | adviserinfo.sec.gov |
| Callan | San Francisco | 151 | Not listed | $41.94 billion | adviserinfo.sec.gov |
| Albourne America LLC | San Francisco | 42 | Not listed | Not listed | adviserinfo.sec.gov |
| Stepstone Group LP | LA Jolla | 20 | Not listed | $107.82 billion | adviserinfo.sec.gov |
| Capital Bank and Trust Company | Irvine | 1 | Not listed | $257.02 billion | adviserinfo.sec.gov |
| Clocktower Group, L.P. | Santa Monica | 1 | Not listed | $2.28 billion | adviserinfo.sec.gov |
| PCCP, LLC | Los Angeles | 1 | Not listed | $20.10 billion | adviserinfo.sec.gov |
Also on SpecStream
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.