Invesco Capital Management Llc
- Regulatory AUM
- $941B
- Discretionary
- $939B
- Clients
- 444
- Avg AUM / client
- $2.1B
- Accounts
- 444
- Employees
- 222
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Asset allocation (SMA assets by investment type)
as of Mar 30, 2026Share 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 |
|---|---|---|---|
| Investment companies | 228 | $804B | 85.5% |
| Pooled investment vehicles (non-investment companies) | 180 | $97.1B | 10.3% |
| Pension and profit sharing plans | 7 | $4.1B | 0.43% |
| Insurance companies | 1 | $123M | 0.01% |
| Corporations and other businesses | 28 | $35.3B | 3.75% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| United Mine Workers Of America 1974 Pension Plan Umwa 1974 Pension Trust Board Of Trustees | 2024 | |
| The Northern Trust Company Thrift Incentive Plan The Northern Trust Company | 2024 | |
| Retirement Plan Of Norfolk Southern Corporation And Participating Subsidiary Companies Norfolk Southern Corporation | 2024 | |
| Phillips 66 Savings Plan Phillips 66 Company | 2024 | |
| First National Bank Of Newtown Savings/Incentive Plan The First National Bank & Trust Company Of Newtown | 2024 |
People (7)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Zerr, John, Mark | Managing Director | Nov 2009 (17y) | Less than 5% | |
| Zimdars, Melanie, Hulett | Chief Compliance Officer | Nov 2017 (9y) | Less than 5% | |
| Henkel, Adam | Head Of Legal Us Etfs | Jun 2020 (6y) | Less than 5% | |
| Krugman, Jordan, Andrew | Managing Director | Oct 2020 (6y) | Less than 5% | |
| Gregson, Mark, William | Chief Accounting Officer | Mar 2022 (4y) | Less than 5% | |
| Vacheron, Terry, Gibson | Chief Financial Officer | Mar 2022 (4y) | Less than 5% | |
| Hartigan, Brian, Christopher | Managing Director, Chief Executive Officer, Principal Executive Officer | Nov 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Invesco Group Services, Inc. | Direct Owner | Jun 2018 | A | 75% or more |
| Invesco Holding Company (Us), Inc. | Sole Shareholder | May 2019 | B | ≈ 31.64% – 100% via Oppenheimer Acquisition Corp. (Gatc) |
| Invesco Ltd. | Sole Shareholder | Jan 2002 | B | ≈ 17.8% – 100% via Invesco Holding Company Limited |
| Invesco Holding Company Limited | Sole Shareholder | Jan 2002 | B | ≈ 23.73% – 100% via Invesco Holding Company (Us), Inc. |
| Oppenheimerfunds, Inc. (Us) | Sole Shareholder | May 2019 | B | ≈ 56.25% – 100% via Invesco Group Services, Inc. |
| Oppenheimer Acquisition Corp. (Gatc) | Sole Shareholder | May 2019 | B | ≈ 42.19% – 100% via Oppenheimerfunds, Inc. (Us) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Invesco Holding Company (Us), Inc.: 75% – 100% of Oppenheimer Acquisition Corp. (Gatc) × 75% – 100% of Oppenheimerfunds, Inc. (Us) × 75% – 100% of Invesco Group Services, Inc. × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Invesco Ltd.: 75% – 100% of Invesco Holding Company Limited × 75% – 100% of Invesco Holding Company (Us), Inc. × 75% – 100% of Oppenheimer Acquisition Corp. (Gatc) × 75% – 100% of Oppenheimerfunds, Inc. (Us) × 75% – 100% of Invesco Group Services, Inc. × 75% – 100% direct ≈ 17.8% – 100% of the firm
- Invesco Holding Company Limited: 75% – 100% of Invesco Holding Company (Us), Inc. × 75% – 100% of Oppenheimer Acquisition Corp. (Gatc) × 75% – 100% of Oppenheimerfunds, Inc. (Us) × 75% – 100% of Invesco Group Services, Inc. × 75% – 100% direct ≈ 23.73% – 100% of the firm
- Oppenheimerfunds, Inc. (Us): 75% – 100% of Invesco Group Services, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Oppenheimer Acquisition Corp. (Gatc): 75% – 100% of Oppenheimerfunds, Inc. (Us) × 75% – 100% of Invesco Group Services, Inc. × 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 (5)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| United Mine Workers Of America 1974 Pension Plan | Umwa 1974 Pension Trust Board Of Trustees | 64 | $3.8B | 07/01/2024 |
| The Northern Trust Company Thrift Incentive Plan | The Northern Trust Company | 9,702 | $3.3B | 01/01/2024 |
| Retirement Plan Of Norfolk Southern Corporation And Participating Subsidiary Companies | Norfolk Southern Corporation | 4,771 | $2.5B | 01/01/2024 |
| Phillips 66 Savings Plan | Phillips 66 Company | 12,051 | $7.7B | 01/01/2024 |
| First National Bank Of Newtown Savings/Incentive Plan | The First National Bank & Trust Company Of Newtown | 123 | $45.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 2.86 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE ALLEGATION IS THAT ON MARCH 19, 2021 THE FUND SOLD SECURITIES THAT WERE NOT IN CUSTODY IN VIOLATION OF KOREAN REGULATORY PROHIBITIONS ON SHORT SALES. Status: Final Sanction Detail: IN DECEMBER 2022, THE SECURITIES AND FUTURES COMMISSION OF KOREA HAS FINED INVESCO CAPITAL MANAGEMENT LLC KRW 60 MILLION ($48,797.47 USD) FOR THE VIOLATION OF SHORT SALE RESTRICTIONS ON MARCH 19, 2021. INVESCO CAPITAL MANAGEMENT LLC PAID THE FINE ON JANUARY 9, 2023. Summary: IN DECEMBER 2022, THE SECURITIES AND FUTURES COMMISSION OF KOREA HAS FINED INVESCO CAPITAL MANAGEMENT LLC KRW 60 MILLION ($48,797.47 USD) FOR THE VIOLATION OF SHORT SALE RESTRICTIONS ON MARCH 19, 2021. INVESCO CAPITAL MANAGEMENT LLC PAID THE FINE ON JANUARY 9, 2023.
Allegations: INVESCO LTD AND AIM INTERNATIONAL MUTUAL FUNDS FAILED TO SUBMIT VOTING RIGHTS NOTIFICATIONS TO BAFIN AND THE ISSUERS BY THE REQUIRED DEADLINE. BAFIN ISSUED A NOTICE OF HEARING ON JULY 30, 2020 TO INVESCO LTD ALLEGING THAT VIOLATIONS OF THE VOTING RIGHTS REQUIREMENTS OCCURED ON 26 OCCASSIONS RELATING TO THE VOTING RIGHTS NOTIFICATIONS OF INVESCO LTD AND ON 28 OCCASIONS RELATING TO VOTING RIGHTS NOTIFICATIONS OF AIM INTERNATIONAL MUTUAL FUNDS. Status: Final Sanction Detail: DECISION TO IMPOSE A FINE OF 260,000 EUROS (APPROXIMATELY $309,595 USD) AGAINST INVESCO LTD WILL BE PAID BY THE JULY 2, 2021 DEADLINE. Summary: BAFIN IMPOSED A FINE OF 260,000 EUROS (APPROXIMATELY $309,595 US DOLLARS) AGAINST INVESCO LTD FOR 54 INCORRECT THRESHOLD FILINGS BETWEEN 05/2019 AND 10/2019. THE FINE WILL BE PAID BY THE JULY 2, 2021 DEADLINE.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Other fees
- • UNITARY FEES
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Amalgamated Bank $14.0B (1% of AUM) Mar 2026
- Pnc Bank, N.A. Pittsburg Pa $2.2B (0% of AUM) Mar 2026
- Fidelity Management Trust Company $2.0B (0% of AUM) Mar 2026
- SEI Private Trust $1.7B (0% of AUM) Jan 2026
- Sei $1.2B (0% of AUM) Jan 2023
- J.P. Morgan $407M (0% of AUM) Jan 2026
- Brown Brothers Harriman & Co. $45.5M (0% of AUM) Dec 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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 30, 2026.
View current Form ADV (SEC/IAPD) ↗