Bell Asset Management Limited
- Regulatory AUM
- $2.2B
- Discretionary
- $2.2B
- Clients
- 14
- Avg AUM / client
- $155M
- Accounts
- 14
- Employees
- 30
AUM over time
Annual snapshots from Form ADV filings · as of Mar 25, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 6 | $786M | 36.1% |
| Pension and profit sharing plans | 6 | $1.2B | 52.8% |
| State or municipal government entities | 1 | $101M | 4.63% |
| Corporations and other businesses | 1 | $140M | 6.42% |
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Bell, Andrew, George | Shareholder | Mar 1998 (28y) | ≈ 3.13% – 18.75% via Bell Group Holdings Pty Limited | |
| Bell, Estate Of Colin, Morton | Shareholder | Mar 1998 (28y) | ≈ 3.13% – 18.75% via Bell Group Holdings Pty Limited | |
| Bell, Lewis, Morton | Shareholder | Mar 1998 (28y) | ≈ 3.13% – 18.75% via Bell Group Holdings Pty Limited | |
| Provan, David, Alastair | Shareholder | Mar 1998 (28y) | ≈ 3.13% – 18.75% via Bell Group Holdings Pty Limited | |
| Bell, Ned, Joseph | Executive Director/Shareholder | Apr 2007 (19y) | 10% – 25% | |
| Sullivan, Robert, Brian | Shareholder | Dec 2016 (10y) | 10% – 25% | |
| Martuccio, Adrian | Shareholder | Dec 2017 (9y) | 5% – 10% | |
| Lovett, Michael, Ashley | Chief Executive Officer | Apr 2024 (2y) | Less than 5% | |
| Kelly, Timothy, John | Chief Compliance Officer | Oct 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bell Asset Management Holdings Limited | Shareholder | Apr 2007 | A | 50% – 75% |
| Bell Group Holdings Pty Limited | Shareholder | Mar 1998 | B | ≈ 12.5% – 37.5% via Bell Asset Management Holdings Limited |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Bell, Andrew, George: 25% – 50% of Bell Group Holdings Pty Limited × 25% – 50% of Bell Asset Management Holdings Limited × 50% – 75% direct ≈ 3.13% – 18.75% of the firm
- Bell, Estate Of Colin, Morton: 25% – 50% of Bell Group Holdings Pty Limited × 25% – 50% of Bell Asset Management Holdings Limited × 50% – 75% direct ≈ 3.13% – 18.75% of the firm
- Bell, Lewis, Morton: 25% – 50% of Bell Group Holdings Pty Limited × 25% – 50% of Bell Asset Management Holdings Limited × 50% – 75% direct ≈ 3.13% – 18.75% of the firm
- Provan, David, Alastair: 25% – 50% of Bell Group Holdings Pty Limited × 25% – 50% of Bell Asset Management Holdings Limited × 50% – 75% direct ≈ 3.13% – 18.75% of the firm
- Bell Group Holdings Pty Limited: 25% – 50% of Bell Asset Management Holdings Limited × 50% – 75% direct ≈ 12.5% – 37.5% 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/25/2026 | 1.16 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
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Citibank $971M (45% of AUM) Mar 2026
- State Street $478M (22% of AUM) Mar 2026
- Apex Fund Services Pty Limited $316M (15% of AUM) Mar 2026
- Northern Trust $241M (11% of AUM) Mar 2026
- J.P. Morgan $141M (5% of AUM) Mar 2025
- BNY Mellon $126M (6% of AUM) Mar 2026
- National Asset Servicing Limited $125M (4% of AUM) Oct 2024
- Bnp Paribas Securities Services Australia $41.9M (2% of AUM) Mar 2026
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 25, 2026.
View current Form ADV (SEC/IAPD) ↗