Chevy Chase Trust Company
SEC-registered
Trust Company · Large ($10B–$100B)
CRD 110742
· SEC file 801-55134
· Bethesda, MD
· www.youtube.com
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ADV data as of Mar 31, 2026
- Regulatory AUM
- $44.9B
- Discretionary
- $44.9B
- Clients
- 1,245
- Avg AUM / client
- $36.1M
- Accounts
- 5,097
- Employees
- 119
AUM over time
$10.4B
$44.9B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Asset allocation (SMA assets by investment type)
as of Mar 31, 2026
Exchange-traded equities
$27.9B
62%
State & local bonds
$9.9B
22%
Cash & equivalents
$2.7B
6%
Investment-grade corporate bonds
$2.2B
5%
US government & agency bonds
$899M
2%
Other
$899M
2%
Registered investment companies (funds/ETFs)
$449M
1%
Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 1,177 | $12.5B | 27.7% |
| Investment companies | 1 | $43.6M | 0.1% |
| Pooled investment vehicles (non-investment companies) | 4 | $31.6B | 70.3% |
| Pension and profit sharing plans | 2 | $10.7M | 0.02% |
| Charitable organizations | 46 | $714M | 1.59% |
| State or municipal government entities | 3 | $8.2M | 0.02% |
| Corporations and other businesses | 11 | $106M | 0.24% |
| Other | 1 | $24.8M | 0.06% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Electrical Workers Deferred Income Plan Local 103, I.B.E.W. Joint Board Of Trustees, Electrical | 2024 | |
| Electricians Pension Plan, Ibew 995 Trustees Of The Electricians Pension Plan, Ibew 995 | 2024 | |
| Central States Joint Board And Allied Organizations Staff Pension Plan Board Of Trustees C.S.J.B. And Allied Organizations Staff Pension Plan | Hillside, IL | 2024 |
| Employer Local No. 375 Pension Plan Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant | 2024 | |
| Ibew Local Union No. 9 And Line Clearance Contract 401(k) Retirement Fund Trustees Of Ibew Local Union No. 9 And Line Clearance Contractors 401( | 2024 | |
| Smart Local 265 Pension Fund Trustees Of The Smart Local 265 Pension Fund | 2024 | |
| Laborers Local 57 Industrial Pension Plan Trustees Of Laborers Local 57 Industrial Pension | 2024 | |
| Painters And Allied Trades District Council No. 35 Pension Fund Bd Of Trustees Pdc Pension Fund | 2024 | |
| Plumbers & Steamfitters Local 43 Pension Fund Plumbers & Steamfitters Local 43 Pension Fund | 2024 | |
| Ibew Local No. 100 Pension Plan Board Of Trustees, Ibew Local No. 100 Pension Plan | 2024 | |
| Asbestos Workers L 24 Pen Fd Def Benefit Plan Bd Ttees Asbestos Wrks L 24 Pen Fd | 2024 | |
| Retirement And Pension Plan For Officers & Employees Of The Nycdcc And Related Organizations Bd Trustees Ret And Pension Plan For Officers And | 2024 | |
| Plumbers & Steamfitters Local 166 Afl Cio Pension Plan Plumbers And Steamfitters Local 166 | 2024 | |
| Wa Id Laborers Employers Pension Trust Wa Id Laborers Employers Pension Trust | Bothell, WA | 2024 |
| Neca Ibew Pension Trust Fund Neca Ibew Pension Trust Fund | 2024 | |
| Plumbers Local #210 Retirement Fund Trustees Of Plumbers Local #210 Retirement Fund | 2024 | |
| Sheet Metal 7 Zone 3 Pension Fund Sheet Metal 7 Zone 3 Pension Fund | 2024 | |
| Laborers' District Council Construction Industry Pension Fund Laborers' District Council Construction Industry Pension Fund | Philadelphia, PA | 2024 |
| Cement Masons Union Local 592 Pension Plan Trustees Of The Cement Masons Union Local 592 Pension Plan | 2024 | |
| Laborers Local 231 Annuity Fund Board Of Trustees Laborers Local 231 Annuity Fund | Pekin, IL | 2024 |
| Shreveport Electrical Industry Profit Sharing Plan Shreveport Electrical Industry Profit Sharing Plan | 2024 | |
| Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Baltimore Chapter Pension Fund Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Balt Chapter Pen | 2024 | |
| Bac Local 23 North Shore Chapter Pension Fund Joint Board Of Trustees Of Bac Local 23 North Shore Chapter | 2024 | |
| Ironworkers Laborers Pension Plan Of Cumberland Md Trustees Of Ironworkers Laborers Pension Plan Of Cumberland, Md | 2024 | |
| Insulators Local No. 96 Pension Fund Insulators Local No. 96 Pension Fund | 2024 | |
| Pension Plan Of The Oregon Sheet Metal Workers Master Retirement Trust Bot Oregon Sheet Metal Workers Master Retirement Trust | 2024 | |
| Local 91 Pension Fund Local 91 Pension Fund Board Of Trustees | 2024 | |
| Plumbers Local 27 Pension Fund Plumbers Local 27 Pension Fund | 2024 | |
| Laborers Local 231 Pension Plan Board Of Trustees Laborers Local 231 Pension Fund | Pekin, IL | 2024 |
| Williams & Connolly Llp Savings Plan And Trust Williams & Connolly Llp | 2024 | |
| Boilermakers National Annuity Trust Board Of Trustees Boilermakers National Annuity | 2024 | |
| Mosaic & Terrazzo Pension Fund The Board Of Trustees Of The Mosaic Terrazzo Pension Fund | 2024 | |
| Local 99 Pension Plan Board Of Trustees Local 99 Pension Plan | Moline, IL | 2024 |
| Ibew Local 683 Pension Fund Pension Plan Ibew Local 683 Board Of Trustees | 2024 | |
| Heat & Frost Insulators And Allied Workers Local 6 Pension Fund Bd Of Trustees Heat & Frost Insulators And Allied Workers Local 6 Pen | 2024 | |
| Teamster Local 282 Annuity Trust Fund Board Of Trustees Local 282 | 2024 | |
| Local 282 Pension Trust Fund Board Of Trustees Of Local 282 | 2024 | |
| Ufcw Local 1262 & Employers Pension Fund Trustees Ufcw Local 1262 Pension Fund | 2024 | |
| Usw District 10, Local 286, Pension Plan Board Of Trustees Usw District 10,Local 286, | 2024 | |
| Ironworkers Local #16 Pension Plan Board Of Trustees, Ironworkers Local #16 Pension Plan | 2024 | |
| National Electrical Annuity Plan Trustees Of The National Electrical Annuity Plan | 2024 | |
| The Newspaper Guild International Pension Plan Tng International Pension Fund | 2024 | |
| South Florida Electrical Workers Pension Plan Trustees Of South Florida Electrical Workers Pension Plan | 2024 | |
| Hollow Metal Pension Fund Hollow Metal Pension Fund | 2024 | |
| Plumbers Lu 690 Metal Trades Pension Plan Bd Of Tees Of Plumbers Lu 690 Metal Trades Pen Plan | 2024 | |
| N. Atlantic States Carp. Pension Fund Bot Of The North Atlantic States Carpenters Pension Fund | 2024 | |
| Newsguild Of New York Consumer Reports Pension Pla Consumer Reports, Inc. | 2024 | |
| Unite Here! Local 54 Severance Fund Jt. Bd. Of Trustees Of The Unite Here! Local 54 | 2024 | |
| Arnold & Porter Profit Sharing And 401(k) Plan And Trust Arnold & Porter Kaye Scholer Llp | 2024 | |
| Tidewater Electrical Industry Pension Fund Board Of Trustees Tidewater Electrical Industry Pension Fund | 2024 | |
| Teamsters Local 639 Employers Pension Trust Fund Joint Board Of Trustees Teamsters Local 639 Employers Pension Trust | 2024 | |
| Midwest Pension Plan Board Of Trustees Midwest Pension Plan | Hillside, IL | 2024 |
| Atlanta Ironworkers Local #387 Pension Plan Board Of Trustees Atlanta Ironworkers Local 387 Pension Pl | 2024 | |
| International Brotherhood Of Electrical Workers Local Union No 226 Open End Pension Fund Ibew Local Union No 226 Pension Fund | 2024 | |
| Bricklayers & Allied Craftworkers Local 3 Ny Rochester Chapter Pension Fund Joint Board Of Trusts Bricklayers & Allied Craftworkers Lo3 Ny Roch Pe | Rochester, NY | 2024 |
| New Orleans Electrical Pension Fund Board Of Trustees Of The Noe Pension Plan | 2024 | |
| Minnesota & North Dakota Bricklayers And Allied Craftworkers Pension Fund Trustees Of Minnesota & North Dakota Bricklayers & Allied Craftworkers | 2024 | |
| Atlanta Plumbers & Steamfitters Pension Fund Atlanta Plumbers & Steamfitters Pension Fund | 2024 | |
| Ufcw 360 Shop Rite Pension Fund Ufcw 360 Shop Rite Pension Fund | 2024 | |
| Laborers National Pension Fund Board Of Trustees Of The Laborers National Pension Fund | Dallas, TX | 2024 |
| Latham & Watkins 401(k) Savings And Profit Sharing Plan Latham & Watkins Llp | 2024 |
People (51)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mcsweeny, William, F (Mi Only) | Director | Nov 1997 (29y) | Less than 5% | |
| Saul, Bernard, Francis Ii | Chairman Of The Board Of Directors | Nov 1997 (29y) | ≈ 31.64% – 100% via Chevy Chase Holdings, Inc. | |
| Lynn M. Panagos | Chief Operating Officer | Oct 2003 (23y) | Less than 5% | |
| Duncan, Paul, Roy | Chief Compliance Officer | Jan 2005 (22y) | Less than 5% | |
| Platts, Howard, Gregory | Director | Mar 2009 (17y) | Less than 5% | |
| Grosvenor, Gilbert, Melville | Director | Jan 2010 (17y) | Less than 5% | |
| Friedman, Joel, Albert | Chief Financial Officer | Mar 2010 (16y) | Less than 5% | |
| Clancy, George, Patrick | Director | Jul 2010 (16y) | Less than 5% | |
| White, Wendelin, Anita | Director | Dec 2011 (15y) | Less than 5% | |
| Powell, Earl, Alexander | Director | Apr 2018 (8y) | Less than 5% | |
| Whitaker, John, Jeffrey | President & Ceo | Jan 2021 (6y) | Less than 5% | |
| Lotuff, Patricia, Saul | Vice Chair | Mar 2022 (4y) | Less than 5% | |
| Heilenday, Kevin, M. | General Counsel | Jan 2024 (3y) | Less than 5% | |
| Edward Bernerd Dobranetski | Registered representative | CFA | Aug 2005 (21y) | |
| Craig Andrew Pernick | Registered representative | Nov 2005 (21y) | ||
| Michael S Gildenhorn | Registered representative | Nov 2005 (21y) | ||
| Arthur Alan Adler | Registered representative | Nov 2005 (21y) | ||
| Stacy Constance Murchison | Registered representative | Chartered Financial Consultant | Nov 2006 (20y) | |
| Judy Kay Mccoy | Registered representative | Jul 2008 (18y) | ||
| Christine M. Wallace | Registered representative | Oct 2008 (18y) | ||
| Justin Scott Liberti | Registered representative | Nov 2009 (17y) | ||
| Deborah Groomes Gandy | Registered representative | Dec 2009 (17y) | ||
| Marc Kaye Wishkoff | Registered representative | Dec 2009 (17y) | ||
| Debritu Laly Kassa | Registered representative | CFP | Feb 2010 (16y) | |
| Spencer Christian Smith | Registered representative | Mar 2010 (16y) | ||
| Lawrence Peter Fisher | Registered representative | Nov 2010 (16y) | ||
| Jeffrey Crawford Dillman | Registered representative | CFA | May 2013 (13y) | |
| Michael Joseph Stafford | Registered representative | CFA | Aug 2014 (12y) | |
| Amy Priscilla Raskin | Registered representative | Jan 2015 (12y) | ||
| Jastinder Singh Sohi | Registered representative | CFA | Nov 2016 (10y) | |
| Blake Keeley Doyle | Registered representative | Nov 2016 (10y) | ||
| Carlton William Davis | Registered representative | Oct 2018 (8y) | ||
| Robert Wilkinson Eubank | Registered representative | CFA | Oct 2018 (8y) | |
| Du Na Hur | Registered representative | Jun 2019 (7y) | ||
| Tapfuma Filex Chibaya | Registered representative | CFA | Feb 2020 (6y) | |
| Wendy Marie Moyers | Registered representative | CFP | Dec 2021 (5y) | |
| Henry Kingsland Romeyn | Registered representative | Jan 2022 (5y) | ||
| Frederick Matson Hopkins | Registered representative | CFA | Feb 2022 (4y) | |
| Claire Virginia Voorhees | Registered representative | Jul 2022 (4y) | ||
| Christopher Matthew Young | Registered representative | CFA | Sep 2022 (4y) | |
| James Minh Nguyen | Registered representative | Sep 2022 (4y) | ||
| Ramona K Mockoviak | Registered representative | Sep 2022 (4y) | ||
| Andrew Morgan | Registered representative | Oct 2022 (4y) | ||
| Paula Anne Landau | Registered representative | CFP | Mar 2023 (3y) | |
| Alok Bhatt | Registered representative | Aug 2023 (3y) | ||
| Jonathan Kobets | Registered representative | Aug 2023 (3y) | ||
| Michael Quinton Clemm | Registered representative | Sep 2023 (3y) | ||
| Randy Alan Ryan | Registered representative | Personal Financial Specialist | Jan 2024 (3y) | |
| Jackie S Fontana | Registered representative | CFP | Feb 2025 (1y) | |
| Jenny Yun Sook Kim | Registered representative | Oct 2025 (1y) | ||
| Caroline Terrell Szivos | Registered representative | Jun 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Chevy Chase Trust Holdings, Llc | Owner | Feb 2009 | A | 75% or more |
| Westminster Investing, Llc | Owner | Feb 2009 | B | ≈ 56.25% – 100% via Chevy Chase Trust Holdings, Llc |
| Chevy Chase Holdings, Inc. | Owner | Feb 2009 | B | ≈ 42.19% – 100% via Westminster Investing, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Saul, Bernard, Francis Ii: 75% – 100% of Chevy Chase Holdings, Inc. × 75% – 100% of Westminster Investing, Llc × 75% – 100% of Chevy Chase Trust Holdings, Llc × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Westminster Investing, Llc: 75% – 100% of Chevy Chase Trust Holdings, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Chevy Chase Holdings, Inc.: 75% – 100% of Westminster Investing, Llc × 75% – 100% of Chevy Chase Trust Holdings, Llc × 75% – 100% direct ≈ 42.19% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (61)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Electrical Workers Deferred Income Plan Local 103, I.B.E.W. | Joint Board Of Trustees, Electrical | 8,300 | $1.8B | 12/01/2024 |
| Electricians Pension Plan, Ibew 995 | Trustees Of The Electricians Pension Plan, Ibew 995 | 469 | $77.7M | 10/01/2024 |
| Central States Joint Board And Allied Organizations Staff Pension Plan | Board Of Trustees C.S.J.B. And Allied Organizations Staff Pension Plan | 20 | $36.8M | 09/01/2024 |
| Employer Local No. 375 Pension Plan | Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant | 0 | $21.3M | 08/01/2024 |
| Ibew Local Union No. 9 And Line Clearance Contract 401(k) Retirement Fund | Trustees Of Ibew Local Union No. 9 And Line Clearance Contractors 401( | 1,020 | $143M | 07/01/2024 |
| Smart Local 265 Pension Fund | Trustees Of The Smart Local 265 Pension Fund | 1,234 | $607M | 07/01/2024 |
| Laborers Local 57 Industrial Pension Plan | Trustees Of Laborers Local 57 Industrial Pension | 1,436 | $338M | 07/01/2024 |
| Painters And Allied Trades District Council No. 35 Pension Fund | Bd Of Trustees Pdc Pension Fund | 2,235 | $806M | 07/01/2024 |
| Plumbers & Steamfitters Local 43 Pension Fund | Plumbers & Steamfitters Local 43 Pension Fund | 697 | $153M | 07/01/2024 |
| Ibew Local No. 100 Pension Plan | Board Of Trustees, Ibew Local No. 100 Pension Plan | 875 | $209M | 07/01/2024 |
| Asbestos Workers L 24 Pen Fd Def Benefit Plan | Bd Ttees Asbestos Wrks L 24 Pen Fd | 427 | $108M | 07/01/2024 |
| Retirement And Pension Plan For Officers & Employees Of The Nycdcc And Related Organizations | Bd Trustees Ret And Pension Plan For Officers And | 41 | $105M | 07/01/2024 |
| Plumbers & Steamfitters Local 166 Afl Cio Pension Plan | Plumbers And Steamfitters Local 166 | 710 | $95.1M | 06/01/2024 |
| Wa Id Laborers Employers Pension Trust | Wa Id Laborers Employers Pension Trust | 2,059 | $209M | 06/01/2024 |
| Neca Ibew Pension Trust Fund | Neca Ibew Pension Trust Fund | 6,690 | $1.6B | 06/01/2024 |
| Plumbers Local #210 Retirement Fund | Trustees Of Plumbers Local #210 Retirement Fund | 397 | $91.2M | 06/01/2024 |
| Sheet Metal 7 Zone 3 Pension Fund | Sheet Metal 7 Zone 3 Pension Fund | 227 | $65.6M | 05/01/2024 |
| Laborers' District Council Construction Industry Pension Fund | Laborers' District Council Construction Industry Pension Fund | 2,817 | $1.2B | 05/01/2024 |
| Cement Masons Union Local 592 Pension Plan | Trustees Of The Cement Masons Union Local 592 Pension Plan | 395 | $139M | 05/01/2024 |
| Laborers Local 231 Annuity Fund | Board Of Trustees Laborers Local 231 Annuity Fund | 954 | $40.7M | 05/01/2024 |
| Shreveport Electrical Industry Profit Sharing Plan | Shreveport Electrical Industry Profit Sharing Plan | 541 | $95.2M | 04/01/2024 |
| Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Baltimore Chapter Pension Fund | Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Balt Chapter Pen | 138 | $46.7M | 04/01/2024 |
| Bac Local 23 North Shore Chapter Pension Fund | Joint Board Of Trustees Of Bac Local 23 North Shore Chapter | 558 | $112M | 03/01/2024 |
| Ironworkers Laborers Pension Plan Of Cumberland Md | Trustees Of Ironworkers Laborers Pension Plan Of Cumberland, Md | 182 | $18.9M | 01/01/2024 |
| Insulators Local No. 96 Pension Fund | Insulators Local No. 96 Pension Fund | 119 | $26.2M | 01/01/2024 |
Top 25 of 61 plans by assets.
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.13 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- Reliance Trust Company $12.9B (29% of AUM) Mar 2026
- SEI Private Trust $6.2B (21% of AUM) Dec 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗