Clients
Allen Investment Management serves 144 clients, 142 of them high-net-worth individuals. The average client has about $117 million with the firm, and high-net-worth clients hold 100% of its $16.9 billion in assets.
- High-net-worth individuals142 clients100%
- Pooled investment vehicles2 clients0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 142 | $16,864,857,339 | 99.7% | $118.8M |
| Pooled investment vehicles | 2 | $49,897,966 | 0.3% | $24.9M |
| Total | 144 | $16,914,755,305 | 100% | $117.5M |
- Clients
- 142
- Regulatory AUM
- $16,864,857,339
- Share
- 99.7%
- Avg. per client
- $118.8M
- Clients
- 2
- Regulatory AUM
- $49,897,966
- Share
- 0.3%
- Avg. per client
- $24.9M
Total
- Clients
- 144
- Regulatory AUM
- $16,914,755,305
- Share
- 100%
- Avg. per client
- $117.5M
What it does
Allen Investment Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, selecting other managers and other activities. It is paid through a percentage of assets, fixed fees and performance-based fees.
Allen Investment Management provided financial planning to 0 clients last fiscal year and advises 1 private funds.
83.3% of assets ($14.09B across 815 accounts) are managed with discretion; $2.83B across 25 accounts are not. 12% of clients are outside the U.S., and 4 clients received advice without assets under management last fiscal year.
What the accounts hold
The filed percentages total 101%. The values below are shown as filed.
- Exchange-traded equity securities
- 67%
- U.S. government/agency bonds
- 15%
- Securities issued by registered investment companies or business development companies
- 3%
- Securities issued by pooled investment vehicles (other than registered investment companies)
- 5%
- Cash and cash equivalents
- 1%
- Other ((xii) Other Above Includes Equity and Fixed Income Securities Managed by Another Advisor.)
- 10%
Custodians
Allen Investment Management’s client accounts are held mainly at Fidelity, with 30% of managed assets, and Charles Schwab, with 22%. Allen Investment Management has custody of $8.40B for 111 clients.
- PershingPershing LLC · Jersey City, NJ · $2.70B16%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $3.73B22%
- FidelityNational Financial Services · Boston, MA · $5.11B30%
- J.P. MorganJP Morgan Chase Bank NA · New York, NY · $2.24B13%
- All other custodians$3.13B19%
Ownership and leadership
Allen Operations LLC owns 75% or more of Allen Investment Management.
- Owns 75% or more of Allen Investment Management, LLC
Allen Operations LLC
Control person · since November 2002
- Owns 25% to 50% of Allen Operations LLC
Herbert Allen
Control person · since December 2008
Leadership
- Herbert AllenPresident
- Salima VahabzadehChief Financial Officer
- Pruthvi RajasekharaiahChief Operating Officer
- Jodi GolinskyChief Compliance Officer
- Ashok ChachraManaging Director
- Peter DiiorioGeneral Counsel
Staff
- 28 employees
- 12 in advisory functions
- 6 state-registered reps
- 1 soliciting firm
Reported holdings
Allen Investment Management’s reported 13F holdings total $8.43B across 227 positions, and the ten largest make up 42.7% of it.
- $8.43B
- Reported 13F value
- 227
- Positions
- 42.7%
- In the 10 largest
- +4.2%
- Value vs. prior quarter
- Amazon Com Inc.6.6%
- Alphabet Inc. · Cap Stk CL C5.4%
- Unitedhealth Group Inc.4.3%
- Microsoft Corp.4.2%
- Meta Platforms Inc. · CL A4.1%
- GE Vernova Inc.4.0%
- Schwab Charles Corp.3.7%
- Visa Inc. · Com CL A3.7%
- Taiwan Semiconductor Manufac · Sponsored ADS3.6%
- Nvidia Corporation3.1%
Together, the ten largest are 42.7% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $8.43B is not its $16.91B in regulatory assets and does not represent any individual client's portfolio.
Fees
Allen Investment Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Allen Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Allen Investment Management has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 711 Fifth Avenue, 10th Floor, New YorkHQ
Other business names
Allen Investment Management has reported 1 other business name to the SEC.
- Allen & Company Investment Advisors
Registration details
- Legal name
- Allen Investment Management, LLC
- Headquarters
- 711 Fifth Avenue, 10th Floor, New York, NY 10022
- Phone
- 212-832-8000
- Website
- Not reported
- SEC file
- 801-61985
- Structure
- New York LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Allen Investment Management have?
Allen Investment Management has 144 clients and manages $16.9 billion for them, as of March 2026. They include 142 high-net-worth individuals and 2 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Allen Investment Management offer?
Allen Investment Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, selecting other managers and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Allen Investment Management use?
Allen Investment Management’s separately managed account assets are held at National Financial Services (Boston, MA), with $5,107,400,000, Charles Schwab & Co., Inc. (San Francisco, CA), with $3,733,800,000, Pershing LLC (Jersey City, NJ), with $2,699,400,000 and JP Morgan Chase Bank NA (New York, NY), with $2,244,600,000. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Allen Investment Management have?
Allen Investment Management has 6 investment adviser representatives registered with state securities authorities, out of 28 employees, and 12 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Allen Investment Management invest in?
At the end of its last fiscal year, Allen Investment Management’s separately managed accounts held 67% exchange-traded equities, 15% U.S. government and agency bonds, 10% (xii) other above includes equity and fixed income securities managed by another advisor., 5% pooled vehicles (private funds and similar), 3% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents. It advises 1 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Allen Investment Management?
Allen Investment Management is owned through a holding company by Herbert Allen. Its direct owner is Allen Operations LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Allen Investment Management get paid?
Allen Investment Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file