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Fred Alger Management

SEC-registered adviser since 1970New York, NYCRD 106750

$26.1B
AUM
3,068
Clients
See fees
Fee
40
Advisory staff

From Form ADV filed 17 September 2026 · data retrieved 15 October 2026SEC record

Fred Alger Management is an investment adviser headquartered in New York, New York, and registered with the SEC since 1970. Its clients include investment companies, pension and profit-sharing plans, and other individuals. High-net-worth individuals account for 0% 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. Alger Group Holdings, LLC owns 75% or more of Fred Alger Management, and Daniel Chung is its CEO.

Clients

Fred Alger Management serves 3,068 clients, 2,975 of them other individuals. The average client has about $8.5 million with the firm, and high-net-worth clients hold 0% of its $26.1 billion in assets.

Regulatory assets by client type
  • Individuals2,975 clients6%
  • Investment companies31 clients79%
  • Pooled investment vehicles13 clients5%
  • Pension and profit-sharing plans16 clients6%
  • State or municipal government entities13 clients3%
  • OtherHigh-net-worth individuals, Charitable organizations1%
Show client breakdown
Individuals (other than HNW)
Clients
2,975
Regulatory AUM
$1,602,345,271
Share
6.1%
Avg. per client
$539K
High-net-worth individuals
Clients
5
Regulatory AUM
$28,095,580
Share
0.1%
Avg. per client
$5.62M
Investment companies
Clients
31
Regulatory AUM
$20,610,302,440
Share
78.8%
Avg. per client
$664.8M
Pooled investment vehicles
Clients
13
Regulatory AUM
$1,306,221,885
Share
5.0%
Avg. per client
$100.5M
Pension and profit-sharing plans
Clients
16
Regulatory AUM
$1,612,999,091
Share
6.2%
Avg. per client
$100.8M
Charitable organizations
Clients
15
Regulatory AUM
$239,647,787
Share
0.9%
Avg. per client
$16.0M
State or municipal government entities
Clients
13
Regulatory AUM
$742,778,745
Share
2.8%
Avg. per client
$57.1M

Total

Clients
3,068
Regulatory AUM
$26,142,390,799
Share
100%
Avg. per client
$8.52M

What it does

Fred Alger Management 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.

Fred Alger Management advises 2 private funds.

98.6% of assets ($25.78B across 3,066 accounts) are managed with discretion; $365.2M across 2 accounts are not. $1.60B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks98%
  • Cash2%

Custodians

Fred Alger Management’s client accounts are held mainly at J.P. Morgan, with 4% of managed assets, and The Northern Trust, with 4%. Fred Alger Management has custody of $86.5M for 2 clients.

Managed account assets by custodian
  • The Northern TrustThe Northern Trust Company · Chicago, IL · $1.04B4%
  • J.P. MorganJpmorgan Chase & Co. · New York, NY · $1.17B4%
  • All other custodians$23.93B92%

Ownership and leadership

Alger Group Holdings, LLC owns 75% or more of Fred Alger Management, and Daniel Chung is its CEO.

Who owns the firm
Fred Alger Management, LLC· the adviser

  • Alger Group Holdings, LLC

    Control person · since October 2019

    Owns 75% or more of Fred Alger Management, LLC

Leadership

  • Daniel Chung
    Chairman, President, Chief Executive Officer
  • Christoph Hofmann
    Executive Vice President, Chief Distribution Officer
  • Robert Kincel
    Senior Vice President, Chief Financial Officer, Treasurer
  • Hal Liebes
    Executive Vice President, Chief Operating Officer, Secretary
  • Tina Payne
    Senior Vice President, General Counsel, Chief Compliance Officer, Assistant Secretary

Staff

  • 98 employees
  • 40 in advisory functions
  • 38 broker-dealer reps
  • 1 soliciting firm

Reported holdings

Fred Alger Management’s reported 13F holdings total $30.01B across 425 positions, and the ten largest make up 54.4% of it.

$30.01B
Reported 13F value
425
Positions
54.4%
In the 10 largest
+31.8%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Nvidia Corporation · Equity11.8%
  2. Microsoft Corporation · Equity6.4%
  3. Amazon.com, Inc.. · Equity5.7%
  4. Nebius Group N.V. Class A · Equity5.3%
  5. Alphabet Inc.. Class C · Equity5.1%
  6. Apple Inc.. · Equity4.9%
  7. Western Digital Corporation · Equity4.7%
  8. Meta Platforms Inc. Class A · Equity3.7%
  9. Broadcom Inc.. · Equity3.5%
  10. Space Exploration Technologies Corp.. Class A · Equity3.3%

Together, the ten largest are 54.4% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $30.01B is not its $26.14B in regulatory assets and does not represent any individual client's portfolio.

Fees

Fred Alger Management is paid through a percentage of assets under management and performance-based fees.

Fred Alger Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Fred Alger Management has 2 offices, with 3 listed addresses across 3 states.

Listed office addresses by state

New York · 1 listed address

  • 100 Pearl Street, 27th Floor, New YorkHQ

Registration details

Legal name
Fred Alger Management, LLC
Headquarters
100 Pearl Street, 27th Floor, New York, NY 10004
Phone
212-806-8800
Website
Not reported
SEC file
801-6709
Structure
Delaware 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 Fred Alger Management have?

Fred Alger Management has 3,068 clients and manages $26.1 billion for them, as of September 2026. They include 2,975 other individuals, 31 investment companies and 16 pension and profit-sharing plans.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 September 2026

What services does Fred Alger Management offer?

Fred Alger Management 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 Fred Alger Management use?

Fred Alger Management’s separately managed account assets are held at Jpmorgan Chase & Co. (New York, NY), with $1,170,882,285 and The Northern Trust Company (Chicago, IL), with $1,037,850,219. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 September 2026

How many financial advisors does Fred Alger Management have?

Fred Alger Management has 0 investment adviser representatives registered with state securities authorities, out of 98 employees, and 40 perform investment advisory functions. 38 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 Fred Alger Management invest in?

At the end of its last fiscal year, Fred Alger Management’s separately managed accounts held 98% exchange-traded equities and 2% cash and equivalents. It advises 2 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 Fred Alger Management?

Fred Alger Management is owned through a chain of holding companies by Nicole and Hilary and Alexandra Alger. Its direct owner is Alger Group Holdings, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 17 September 2026

How does Fred Alger Management get paid?

Fred Alger Management 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 17 September 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 106750.
  3. Form 13F-HR, filed 14 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 Fred Alger Management, 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.