UBS
$371B reported client assets across 158 advisory firms in FY2025 annual amendments
Reported client assets over time
$23.1B
$359B
2017
2025
Same-firm comparison: 127 firms that reported UBS 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. 2017, 2018, 2019, 2020, 2021, 2022 are shown but partial — only FY2017: 40 cohort firms, FY2018: 53 cohort firms, FY2019: 61 cohort firms, FY2020: 78 cohort firms, FY2021: 88 cohort firms, FY2022: 94 cohort firms.
| Advisory firm | RAUM at custodian | Firm total AUM | Share | As of |
|---|---|---|---|---|
| Ubs Asset Management (Americas) Llc | $232B | $588B | 39.5% | 03/31/2026 |
| Franklin Templeton Private Portfolio Group, Llc | $16.7B | $140B | 12.0% | 12/05/2025 |
| Pictet Asset Management Sa | $15.2B | $331B | 4.6% | 03/30/2026 |
| Vestmark Advisory Solutions, Inc. | $13.3B | $49.9B | 26.7% | 03/30/2026 |
| Franklin Advisers, Inc. | $9.5B | $509B | 1.9% | 12/23/2025 |
| Invesco Managed Accounts, Llc | $7.4B | $31.3B | 23.7% | 03/30/2026 |
| Kayne Anderson Rudnick Investment Management, Llc | $7.3B | $39.4B | 18.6% | 03/27/2026 |
| Capital Research And Management Company | $6.1B | $3.8T | 0.2% | 09/26/2025 |
| Bahl & Gaynor Llc | $4.0B | $21.0B | 19.2% | 02/04/2026 |
| Bramshill Investments, Llc | $3.0B | $8.1B | 36.5% | 03/17/2026 |
| The London Company Of Virginia, Llc | $3.0B | $14.9B | 19.9% | 03/23/2026 |
| Pgim Custom Harvest Llc | $2.8B | $6.9B | 41.2% | 03/27/2026 |
| Dolan Mceniry Capital Management Llc | $2.7B | $13.8B | 19.9% | 03/10/2026 |
| Polen Capital Management, Llc | $2.0B | $24.1B | 8.3% | 03/30/2026 |
| Stonehage Fleming Investment Management Limited | $1.8B | $19.5B | 9.3% | 06/25/2025 |
| Westend Advisors, Llc | $1.5B | $1.9B | 82.1% | 01/30/2026 |
| Tcw Investment Management Company Llc | $1.5B | $38.8B | 3.9% | 03/27/2026 |
| Richard Bernstein Advisors Llc | $1.5B | $3.8B | 39.6% | 03/23/2026 |
| Madison Investment Advisors, Llc | $1.5B | $13.8B | 10.5% | 03/20/2026 |
| Cullen Capital Management, Llc | $1.5B | $11.6B | 12.6% | 03/27/2026 |
| First Long Island Investors, Llc | $1.3B | $1.9B | 71.2% | 03/30/2026 |
| Asset Preservation Advisors, Llc | $1.2B | $11.1B | 11.1% | 03/30/2026 |
| Community Capital Management, Llc | $1.2B | $7.0B | 16.7% | 03/17/2026 |
| Equity Investment Corporation | $1.1B | $3.5B | 32.3% | 03/19/2026 |
| Pentwater Capital Management Lp | $1.1B | $19.3B | 5.8% | 03/31/2026 |
| Allspring Funds Management, Llc | $936M | $325B | 0.3% | 03/20/2026 |
| Spiderrock Advisors, Llc | $905M | $9.8B | 9.2% | 03/31/2026 |
| Fuller & Thaler Asset Management Inc | $877M | $30.3B | 2.9% | 03/30/2026 |
| First Eagle Separate Account Management, Llc | $864M | $908M | 95.2% | 03/27/2026 |
| Financial Counselors Inc | $784M | $1.5B | 53.4% | 03/11/2026 |
| Focused Investors Llc | $776M | $3.3B | 23.6% | 03/30/2026 |
| Cullinan Associates, Inc. | $761M | $1.5B | 51.3% | 03/04/2026 |
| Numerai Gp Llc | $734M | $1.9B | 38.6% | 03/31/2026 |
| Smith Group Asset Management, Llc | $701M | $2.2B | 31.7% | 03/26/2026 |
| Hamlin Capital Management, Llc | $666M | $8.7B | 7.6% | 03/23/2026 |
| Caledonia (Private) Investments Pty Limited | $666M | $10.2B | 6.5% | 09/25/2025 |
| Rsw Investments Holdings, Llc | $644M | $2.3B | 28.0% | 03/04/2026 |
| Equinox Partners Investment Management Llc | $621M | $1.4B | 43.9% | 03/26/2026 |
| Stonebridge Advisors Llc | $620M | $11.8B | 5.2% | 03/17/2026 |
| Miller Howard Investments Inc | $616M | $3.8B | 16.2% | 03/17/2026 |
| Drexel Morgan & Co. | $579M | $607M | 95.4% | 03/16/2026 |
| Abner Herrman & Brock, Llc | $573M | $2.7B | 20.9% | 03/06/2026 |
| Bristol Gate Capital Partners Inc. | $555M | $2.1B | 26.7% | 05/23/2025 |
| Atalanta Sosnoff Management, Llc | $538M | $3.9B | 13.7% | 03/31/2026 |
| Twenty First Tailored Solutions, Inc. | $515M | $515M | 100.0% | 01/30/2026 |
| Federated Mdta Llc | $512M | $25.9B | 2.0% | 03/16/2026 |
| Trillium Asset Management, Llc | $499M | $4.3B | 11.6% | 03/27/2026 |
| Oak Ridge Investments, Llc | $453M | $1.7B | 26.6% | 03/16/2026 |
| Wellesley Asset Management, Inc. | $430M | $2.0B | 21.6% | 03/30/2026 |
| Mora Capital Management, Llc | $429M | $1.9B | 22.5% | 03/24/2026 |
| Neo Ivy Capital Management, Llc | $412M | $1.2B | 33.1% | 03/30/2026 |
| Prometheus Wealth Management Sam | $405M | $1.2B | 32.6% | 03/05/2026 |
| Mmbg Investment Advisors Co. | $397M | $3.0B | 13.3% | 03/27/2026 |
| R Squared Bm Llc | $390M | $3.3B | 11.7% | 03/31/2026 |
| Virtus Capital Advisers, Llc | $382M | $1.5B | 25.6% | 03/23/2026 |
| Cambiar Investors, Llc | $380M | $2.9B | 13.0% | 03/30/2026 |
| Disciplina Capital Management, Llc | $380M | $3.1B | 12.4% | 03/18/2026 |
| Virtus Family Office, Llc | $379M | $727M | 52.1% | 03/25/2026 |
| Blue Grotto Capital, Llc | $355M | $2.1B | 16.9% | 03/20/2026 |
| Fep Wealth, Llc | $341M | $1.4B | 24.9% | 02/24/2026 |
| Althum Advisors Llc | $341M | $2.0B | 16.8% | 03/18/2026 |
| Nfj Investment Group, Llc | $335M | $3.0B | 11.2% | 03/20/2026 |
| Nevastar Finance Ltd | $333M | $1.7B | 19.8% | 03/24/2026 |
| Sachem Investment Counsel Llc | $332M | $231M | 143.8% | 03/30/2026 |
| Yacktman Asset Management Lp | $298M | $11.7B | 2.5% | 03/26/2026 |
| Avalor Investment Ag | $292M | $2.2B | 13.0% | 02/05/2026 |
| N | $290M | $973M | 29.8% | 12/08/2025 |
| Decagon Asset Management Llp | $281M | $606M | 46.3% | 06/27/2025 |
| Third Lake Partners, Llc | $275M | $6.0B | 4.6% | 03/31/2026 |
| Decagon Asset Management (Us) Lp | $258M | $721M | 35.7% | 03/20/2026 |
| Tetragon Partners L.P. | $257M | $12.9B | 2.0% | 03/26/2026 |
| The Forum Finance Group Sa | $250M | $2.2B | 11.3% | 12/02/2025 |
| Griffin Asset Management, Llc | $239M | $1.1B | 22.6% | 02/25/2026 |
| Baseline Wealth Management Ltd. | $217M | $1.1B | 20.0% | 03/31/2026 |
| Quattro Financial Advisors Llc | $210M | $1.7B | 12.7% | 03/20/2026 |
| Csfc Management Company, Llc | $200M | $2.8B | 7.1% | 03/30/2026 |
| New York Life Investment Management Llc | $194M | $121B | 0.2% | 03/30/2026 |
| Walter C. Flower & Co., Inc | $193M | $591M | 32.7% | 02/04/2026 |
| Lega Z Advisory Llc | $187M | $428M | 43.7% | 03/18/2026 |
| Logica Capital Advisers, Llc | $174M | $305M | 57.3% | 03/18/2026 |
| Solstein Capital, Llc | $169M | $802M | 21.0% | 03/24/2026 |
| Parsifal Capital Management, Lp | $166M | $1.7B | 9.8% | 03/31/2026 |
| Gfg Capital, Llc | $163M | $1.0B | 16.0% | 03/25/2026 |
| Litvak Wealth, Llc | $159M | $536M | 29.6% | 03/06/2026 |
| Wedgewood Partners, Inc. | $156M | $561M | 27.8% | 03/12/2026 |
| Landscape Capital Management Llc | $154M | $3.0B | 5.1% | 03/19/2026 |
| Ameliora Wealth Management Ltd. | $147M | $1.2B | 12.7% | 03/23/2026 |
| Hyposwiss Advisors Sa | $136M | $678M | 20.1% | 03/30/2026 |
| Beaton Management Co Inc | $134M | $446M | 30.0% | 03/31/2026 |
| Advisory Research Inc | $131M | $991M | 13.2% | 03/20/2026 |
| Storge Partners Economic Studies Llc | $129M | $867M | 14.9% | 02/27/2026 |
| First Pacific Advisors, Lp | $125M | $32.0B | 0.4% | 03/23/2026 |
| Klosters Capital Llc | $123M | $496M | 24.9% | 03/19/2026 |
| In On Capital Advisors Llc | $111M | $389M | 28.4% | 03/26/2026 |
| Glazer Capital, Llc. | $110M | $6.8B | 1.6% | 03/24/2026 |
| Uniplan Investment Counsel, Inc. | $107M | $1.0B | 10.3% | 03/25/2026 |
| Account Management, Llc | $99.7M | $106M | 93.8% | 02/27/2026 |
| Blackrock Asset Management Schweiz Ag | $99.2M | $2.4B | 4.1% | 03/31/2026 |
| Loomis Capital Management Llc | $98.8M | $842M | 11.7% | 03/13/2026 |
| Ramsay Stattman Vela & Price Inc | $97.7M | $779M | 12.5% | 01/27/2026 |
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.