Principal Custody Solutions
$29.9B reported client assets across 7 advisory firms in FY2025 annual amendments
Reported client assets over time
$123M
$15.5B
2022
2025
Same-firm comparison: 5 firms that reported Principal Custody Solutions in both FY2024 and FY2025 annual amendments (ADV Item 5.K.(3)). Fiscal years come directly from the SEC filing-type table; filing dates are not used as a year-end proxy. 2022, 2023 are shown but partial — only FY2022: 1 cohort firms, FY2023: 3 cohort firms. No matched data for FY2021.
| Advisory firm | RAUM at custodian | Firm total AUM | Share | As of |
|---|---|---|---|---|
| Meeder Public Funds, Inc. | $15.1B | $64.1B | 23.6% | 02/20/2026 |
| U.S. Bancorp Asset Management, Inc. | $14.5B | $427B | 3.4% | 03/27/2026 |
| Birch Run Investments, Llc | $216M | $457M | 47.1% | 03/25/2026 |
| D.B. Fitzpatrick & Co., Inc. | $74.4M | $487M | 15.3% | 02/23/2026 |
| Berenberg Asset Management Llc | $34.8M | $34.8M | 100.0% | 03/24/2026 |
| Philadelphia Investment Partners, Llc | $20.7M | $176M | 11.8% | 03/25/2026 |
| Villanova Investment Management Company, Llc | $18.3M | $144M | 12.7% | 03/18/2026 |
From Form ADV Schedule D 5.K.(3): custodians named at the 10%-of-SMA-assets threshold, with reported dollar amounts. "Share" is reported amount as a share of the firm's total regulatory AUM.