Churchill Investment Management Llc
- Regulatory AUM
- $12.1B
- Discretionary
- $12.1B
- Clients
- 8
- Avg AUM / client
- $1.5B
- Accounts
- 8
- Employees
- 101
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 7 | $12.1B | 100.0% |
| Other | 1 | $5.8M | 0.05% |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ehrlich, Justin, Wyatt | Managing Partner | May 2019 (7y) | Less than 5% | |
| Land, Derrick, Matthew | Managing Partner | May 2019 (7y) | Less than 5% | |
| Maheshwari, Sorabh, Nmn | Managing Partner | May 2019 (7y) | Less than 5% | |
| Masters, Stephen, Travis | Managing Partner | May 2019 (7y) | Less than 5% | |
| Shatz, Brian, Jacob | Owner | Feb 2023 (4y) | ≈ 3.96% – 37.5% via Mrc Ch Investor Llc | |
| Zegen, Joshua, Benjamin | Owner | Feb 2023 (4y) | ≈ 3.96% – 37.5% via Mrc Ch Investor Llc | |
| Cardiero, Anthony, Michael | Chief Financial Officer | Jan 2024 (3y) | Less than 5% | |
| Grogan, Joseph, Albert | Chief Compliance Officer | Jun 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Churchill Investment Advisors Llc | Direct Owner | May 2019 | A | 75% or more |
| Mrc Ch Holdings Llc | Owner | Feb 2023 | B | ≈ 21.09% – 75% via Mrc Ch Acquisition Llc |
| Mrc Ch Investor Llc | Owner | Feb 2023 | B | ≈ 15.82% – 75% via Mrc Ch Holdings Llc |
| Churchill Finance Llc | Owner | Sep 2021 | B | ≈ 56.25% – 100% via Churchill Investment Advisors Llc |
| Mrc Ch Acquisition Llc | Owner | Mar 2023 | B | ≈ 28.13% – 75% via Churchill Finance Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Shatz, Brian, Jacob: 25% – 50% of Mrc Ch Investor Llc × 75% – 100% of Mrc Ch Holdings Llc × 75% – 100% of Mrc Ch Acquisition Llc × 50% – 75% of Churchill Finance Llc × 75% – 100% of Churchill Investment Advisors Llc × 75% – 100% direct ≈ 3.96% – 37.5% of the firm
- Zegen, Joshua, Benjamin: 25% – 50% of Mrc Ch Investor Llc × 75% – 100% of Mrc Ch Holdings Llc × 75% – 100% of Mrc Ch Acquisition Llc × 50% – 75% of Churchill Finance Llc × 75% – 100% of Churchill Investment Advisors Llc × 75% – 100% direct ≈ 3.96% – 37.5% of the firm
- Mrc Ch Holdings Llc: 75% – 100% of Mrc Ch Acquisition Llc × 50% – 75% of Churchill Finance Llc × 75% – 100% of Churchill Investment Advisors Llc × 75% – 100% direct ≈ 21.09% – 75% of the firm
- Mrc Ch Investor Llc: 75% – 100% of Mrc Ch Holdings Llc × 75% – 100% of Mrc Ch Acquisition Llc × 50% – 75% of Churchill Finance Llc × 75% – 100% of Churchill Investment Advisors Llc × 75% – 100% direct ≈ 15.82% – 75% of the firm
- Churchill Finance Llc: 75% – 100% of Churchill Investment Advisors Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Mrc Ch Acquisition Llc: 50% – 75% of Churchill Finance Llc × 75% – 100% of Churchill Investment Advisors Llc × 75% – 100% direct ≈ 28.13% – 75% 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) | 03/30/2026 | 1.82 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
- • Other fees
- • ADVANCE, SERVICING, EXTENSION AND MODIFICATION FEES
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Wells Fargo $2.2B (95% of AUM) Nov 2022
- Us Bancorp $385M (98% of AUM) Jun 2021
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 30, 2026.
View current Form ADV (SEC/IAPD) ↗