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Clearbridge Investments

SEC-registered adviser since 2005New York, NYCRD 137028

$184.8B
AUM
124,530
Clients
See fees
Fee
71
Advisory staff

From Form ADV filed 28 August 2026 · data retrieved 15 October 2026SEC record

Clearbridge Investments is an investment adviser headquartered in New York, New York, and registered with the SEC since 2005. Its clients include investment companies, other individuals and other investment advisers. High-net-worth individuals account for 1% of its regulatory assets under management.

Its services include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions. Fee arrangements include a percentage of assets under management and performance-based fees. Legg Mason, Inc. owns 75% or more of Clearbridge Investments, and Terrence Murphy is its CEO.

Clients

Clearbridge Investments serves 124,530 clients, 122,494 of them other individuals. The average client has about $1.5 million with the firm, and high-net-worth clients hold 1% of its $184.8 billion in assets.

Regulatory assets by client type
  • Individuals122,494 clients26%
  • Investment companies44 clients40%
  • Pooled investment vehicles47 clients6%
  • Other investment advisers68 clients23%
  • OtherHigh-net-worth individuals, Banking or thrift institutions, Pension and profit-sharing plans, Charitable organizations, State or municipal government entities, Insurance companies, Corporations and other businesses5%
Show client breakdown
Individuals (other than HNW)
Clients
122,494
Regulatory AUM
$47,400,706,326
Share
25.6%
Avg. per client
$387K
High-net-worth individuals
Clients
452
Regulatory AUM
$1,315,287,880
Share
0.7%
Avg. per client
$2.91M
Banking or thrift institutions
Clients
33
Regulatory AUM
$313,927,095
Share
0.2%
Avg. per client
$9.51M
Investment companies
Clients
44
Regulatory AUM
$74,573,109,468
Share
40.4%
Avg. per client
$1.69B
Pooled investment vehicles
Clients
47
Regulatory AUM
$11,012,705,365
Share
6.0%
Avg. per client
$234.3M
Pension and profit-sharing plans
Clients
469
Regulatory AUM
$2,633,923,657
Share
1.4%
Avg. per client
$5.62M
Charitable organizations
Clients
244
Regulatory AUM
$1,534,944,648
Share
0.8%
Avg. per client
$6.29M
State or municipal government entities
Clients
17
Regulatory AUM
$276,255,643
Share
0.1%
Avg. per client
$16.3M
Other investment advisers
Clients
68
Regulatory AUM
$42,802,647,874
Share
23.2%
Avg. per client
$629.5M
Insurance companies
Clients
3
Regulatory AUM
$445,393,178
Share
0.2%
Avg. per client
$148.5M
Corporations and other businesses
Clients
659
Regulatory AUM
$2,500,911,796
Share
1.4%
Avg. per client
$3.80M

Total

Clients
124,530
Regulatory AUM
$184,809,812,930
Share
100%
Avg. per client
$1.48M

What it does

Clearbridge Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.

Clearbridge Investments advises 4 private funds.

76.6% of assets ($141.54B across 12,459 accounts) are managed with discretion; $43.27B across 71 accounts are not. $87.76B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks97%
  • Cash3%

Custodians

Clearbridge Investments’ client accounts are held mainly at Morgan Stanley, with 21% of managed assets. Clearbridge Investments has custody of $65.3M for 4 clients.

Managed account assets by custodian
  • Morgan StanleyMorgan Stanley Smith Barney LLC · Purchase, NY · $38.21B21%
  • All other custodians$146.60B79%

Ownership and leadership

Legg Mason, Inc. owns 75% or more of Clearbridge Investments, and Terrence Murphy is its CEO.

Who owns the firm
Clearbridge Investments, LLC· the adviser

  • Legg Mason, Inc.

    Control person · since October 2022

    Owns 75% or more of Clearbridge Investments, LLC

Leadership

  • Terrence Murphy
    Chief Executive Officer
  • Terrence Murphy
    President
  • John Haller
    Chief Operating Officer
  • Brian Murphy
    Chief Compliance Officer
  • Jasna Dolgov
    General Counsel
  • Brian Eakes
    Director
  • Scott Glasser
    Chief Investment Officer
  • Scott Glasser
    Director
  • John Haller
    Director
  • Jennifer Johnson
    Director
  • Terrence Murphy
    Director
  • Matthew Nicholls
    Director
  • Seok Oh
    Director

Staff

  • 210 employees
  • 71 in advisory functions
  • 14 state-registered reps
  • 68 broker-dealer reps

Reported holdings

Clearbridge Investments’ reported 13F holdings total $120.86B across 699 positions, and the ten largest make up 25.9% of it.

$120.86B
Reported 13F value
699
Positions
25.9%
In the 10 largest
+5.2%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Nvidia Corp.5.4%
  2. Alphabet Inc. · Cap Stk CL A3.4%
  3. Apple Inc.3.4%
  4. Amazon.com Inc.2.4%
  5. Broadcom Inc.2.3%
  6. Taiwan Semiconductor Manufacturing Co Ltd · Sponsored ADS1.9%
  7. Microsoft Corp.1.9%
  8. Visa Inc. · Com CL A1.8%
  9. Meta Platforms Inc. · CL A1.8%
  10. Williams Cos Inc./the1.5%

Together, the ten largest are 25.9% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 13 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $120.86B is not its $184.81B in regulatory assets and does not represent any individual client's portfolio.

Fees

Clearbridge Investments is paid through a percentage of assets under management and performance-based fees.

Clearbridge Investments’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Clearbridge Investments has 8 offices, with 3 listed addresses across 3 states.

Listed office addresses by state

New York · 1 listed address

  • One Madison Avenue, 18th Floor, New YorkHQ

Registration details

Legal name
Clearbridge Investments, LLC
Headquarters
One Madison Avenue, 18th Floor, New York, NY 10010
Phone
212-805-2000
Website
www.clearbridge.com
SEC file
801-64710
Structure
Delaware LLC
Fiscal year end
September

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 Clearbridge Investments have?

Clearbridge Investments has 124,530 clients and manages $184.8 billion for them, as of August 2026. They include 122,494 other individuals, 659 corporations and other businesses and 469 pension and profit-sharing plans.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026

What services does Clearbridge Investments offer?

Clearbridge Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Clearbridge Investments use?

Clearbridge Investments’ separately managed account assets are held at Morgan Stanley Smith Barney LLC (Purchase, NY), with $38,207,623,215. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 August 2026

How many financial advisors does Clearbridge Investments have?

Clearbridge Investments has 14 investment adviser representatives registered with state securities authorities, out of 210 employees, and 71 perform investment advisory functions. 68 are registered representatives of a broker-dealer and 0 are 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 Clearbridge Investments invest in?

At the end of its last fiscal year, Clearbridge Investments’ separately managed accounts held 97% exchange-traded equities and 3% cash and equivalents. It advises 4 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 Clearbridge Investments?

Clearbridge Investments is owned through a holding company by Franklin Templeton, Inc. Its direct owner is Legg Mason, Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 28 August 2026

How does Clearbridge Investments get paid?

Clearbridge Investments is paid through a percentage of assets under management 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

Sources

  1. Form ADV Part 1A, amendment filed 28 August 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 137028.
  3. Form 13F-HR, filed 13 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Clearbridge Investments, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.