River Road Asset Management, Llc
- Regulatory AUM
- $9.9B
- Discretionary
- $9.9B
- Clients
- 112
- Avg AUM / client
- $88.0M
- Accounts
- 93
- Employees
- 46
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 21 | $86.6M | 0.88% |
| Investment companies | 13 | $4.5B | 45.5% |
| Pooled investment vehicles (non-investment companies) | 11 | $1.8B | 18.4% |
| Pension and profit sharing plans | 22 | $1.6B | 15.9% |
| Charitable organizations | 16 | $262M | 2.66% |
| State or municipal government entities | 7 | $1.5B | 15.4% |
| Corporations and other businesses | Fewer than 5 clients | $128M | 1.3% |
| Other | 22 | $0 | — |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Hawaii Truckers Teamsters Union Pension Plan Trustees Of Hawaii Truckers Teamsters Union Pension Fund | Honolulu, HI | 2024 |
| Milwaukee Drivers Pension Plan Board Of Trustees Milwaukee Drivers Pension Fund | 2024 | |
| The Bank Of New York Mellon Corporation Pension Plan The Bank Of New York Mellon | 2024 | |
| Local No. 8 Ibew Retirement Plan & Trust Board Of Trustees Local No. 8 Ibew Retirement Plan & Trust | 2024 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Beck, Richard, Andrew | Ceo, Senior Portfolio Manager | Mar 2005 (21y) | Less than 5% | |
| Mueller, Thomas, Dignan | Coo, Chief Compliance Officer | Mar 2005 (21y) | Less than 5% | |
| Deuser, Greg, Edward | Chief Investment Risk & Analytics Officer | Feb 2012 (15y) | Less than 5% | |
| Brenner, Elizabeth, Aubrey | Chief Organizational Development Officer | Feb 2015 (12y) | Less than 5% | |
| Wainwright, Robert | Chief Business Development Officer | Dec 2019 (7y) | Less than 5% | |
| Brown, John, Alexander | Chief Investment Officer | Feb 2021 (6y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Rram Acquisition, Llc | Member | Jun 2014 | A | 75% or more |
| Affiliated Managers Group, Inc. | Member | Mar 2014 | B | ≈ 56.25% – 100% via Rram Acquisition, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Affiliated Managers Group, Inc.: 75% – 100% of Rram Acquisition, Llc × 75% – 100% direct ≈ 56.25% – 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 (4)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Hawaii Truckers Teamsters Union Pension Plan | Trustees Of Hawaii Truckers Teamsters Union Pension Fund | 366 | $166M | 04/01/2024 |
| Milwaukee Drivers Pension Plan | Board Of Trustees Milwaukee Drivers Pension Fund | 2,309 | $1.1B | 01/01/2024 |
| The Bank Of New York Mellon Corporation Pension Plan | The Bank Of New York Mellon | 5,336 | $5.2B | 01/01/2024 |
| Local No. 8 Ibew Retirement Plan & Trust | Board Of Trustees Local No. 8 Ibew Retirement Plan & Trust | 2,619 | $671M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.12 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
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- BNY Mellon $1.8B (19% of AUM) Mar 2026
- Fidelity Management Trust Company $881M (9% of AUM) Mar 2026
- Charles Schwab & Co. $433M (4% of AUM) Nov 2022
- Northern Trust $400M (4% of AUM) Mar 2026
- State Street $376M (5% of AUM) Mar 2024
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 31, 2026.
View current Form ADV (SEC/IAPD) ↗