Firms by custodian
Registered investment advisers that custody at The Vanguard Group
3 SEC-registered advisers report The Vanguard Group as a custodian holding 10% or more of separately managed account assets in Form ADV Schedule D, Section 5.K.(3). Listed by regulatory assets under management.
3 firms listed
| Firm | Headquarters | Regulatory AUM | Advisory staff | Clients |
|---|---|---|---|---|
| Vanguard AdvisersCRD 106715 | Malvern, PA | $344.62B | 1,903 | 791,528 |
| Financial Engines AdvisorsCRD 104510 | Santa Clara, CA | $326.29B | 553 | 1,244,406 |
| CliffwaterCRD 132167 | Marina Del Rey, CA | $48.51B | 105 | 54 |
Vanguard AdvisersCRD 106715$344.62B
- Headquarters
- Malvern, PA
- Advisory staff
- 1,903
- Clients
- 791,528
Financial Engines AdvisorsCRD 104510$326.29B
- Headquarters
- Santa Clara, CA
- Advisory staff
- 553
- Clients
- 1,244,406
CliffwaterCRD 132167$48.51B
- Headquarters
- Marina Del Rey, CA
- Advisory staff
- 105
- Clients
- 54
Figures are from each firm's most recent Form ADV and are dated on its profile. Listing here is a matter of public record, not a recommendation.
About this list
A custodian holds client accounts; the adviser directs them but does not take possession of the money. Form ADV Schedule D, Section 5.K.(3) requires an adviser to name every custodian holding 10% or more of its separately managed account assets, which is where this list comes from.
A firm may use several custodians, so it can appear on more than one of these lists, and smaller custodial relationships below the 10% threshold are not reported at all. Naming The Vanguard Group here says only what the filing says, and implies nothing about either firm's service.