Kayne Anderson Rudnick Investment Management: AUM & Ownership

Clients

Kayne Anderson Rudnick Investment Management serves 24,735 clients, 22,509 of them other clients. The average client has about $1.6 million with the firm, and high-net-worth clients hold 20% of its $39.4 billion in assets.

Regulatory assets by client type

High-net-worth individuals1,409 clients20%
Investment companies36 clients34%
Pooled investment vehicles17 clients5%
Pension and profit-sharing plans60 clients6%
Charitable organizations40 clients2%
OtherState or municipal government entities, Corporations and other businesses, Other, Individuals, Insurance companies, Sovereign wealth funds and foreign official institutions33%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
Individuals (other than HNW)	586	$259,372,268	0.7%	$443K
High-net-worth individuals	1,409	$7,680,726,109	19.5%	$5.45M
Investment companies	36	$13,576,677,089	34.5%	$377.1M
Pooled investment vehicles	17	$1,785,100,055	4.5%	$105.0M
Pension and profit-sharing plans	60	$2,391,298,750	6.1%	$39.9M
Charitable organizations	40	$819,430,118	2.1%	$20.5M
State or municipal government entities	19	$1,317,173,537	3.3%	$69.3M
Insurance companies	5	$496,125,521	1.3%	$99.2M
Sovereign wealth funds and foreign official institutions	1	$484,976,997	1.2%	$485.0M
Corporations and other businesses	53	$1,278,047,247	3.2%	$24.1M
Other	22,509	$9,267,643,129	23.5%	$412K
Total	24,735	$39,356,570,820	100%	$1.59M

Individuals (other than HNW)

Clients: 586
Regulatory AUM: $259,372,268
Share: 0.7%
Avg. per client: $443K

High-net-worth individuals

Clients: 1,409
Regulatory AUM: $7,680,726,109
Share: 19.5%
Avg. per client: $5.45M

Investment companies

Clients: 36
Regulatory AUM: $13,576,677,089
Share: 34.5%
Avg. per client: $377.1M

Pooled investment vehicles

Clients: 17
Regulatory AUM: $1,785,100,055
Share: 4.5%
Avg. per client: $105.0M

Pension and profit-sharing plans

Clients: 60
Regulatory AUM: $2,391,298,750
Share: 6.1%
Avg. per client: $39.9M

Charitable organizations

Clients: 40
Regulatory AUM: $819,430,118
Share: 2.1%
Avg. per client: $20.5M

State or municipal government entities

Clients: 19
Regulatory AUM: $1,317,173,537
Share: 3.3%
Avg. per client: $69.3M

Insurance companies

Clients: 5
Regulatory AUM: $496,125,521
Share: 1.3%
Avg. per client: $99.2M

Sovereign wealth funds and foreign official institutions

Clients: 1
Regulatory AUM: $484,976,997
Share: 1.2%
Avg. per client: $485.0M

Corporations and other businesses

Clients: 53
Regulatory AUM: $1,278,047,247
Share: 3.2%
Avg. per client: $24.1M

Other

Clients: 22,509
Regulatory AUM: $9,267,643,129
Share: 23.5%
Avg. per client: $412K

Total

Clients: 24,735
Regulatory AUM: $39,356,570,820
Share: 100%
Avg. per client: $1.59M

What it does

Kayne Anderson Rudnick Investment Management provides financial planning, 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, fixed fees and performance-based fees.

Kayne Anderson Rudnick Investment Management provided financial planning to 1,000 clients last fiscal year and advises no private funds.

100.0% of assets ($39.36B across 24,735 accounts) are managed with discretion. $9.27B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 32 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Stocks80%
Funds10%
- Registered funds8%
- Pooled vehicles2%
Bonds4%
- State and local bonds3%
- Investment grade corporate bonds1%
Cash6%

Custodians

Kayne Anderson Rudnick Investment Management’s client accounts are held mainly at Fidelity, with 20% of managed assets, and UBS Securities, with 19%. Kayne Anderson Rudnick Investment Management does not have custody of client assets.

Managed account assets by custodian

FidelityNational Financial Services LLC · Boston, MA · $7.73B20%
UBS SecuritiesUBS Securities LLC · New York, NY · $7.32B19%
All other custodians$24.30B62%

Ownership and leadership

Virtus Partners, Inc. owns 75% or more of Kayne Anderson Rudnick Investment Management, and George Aylward is its CEO.

Who owns the firm

Kayne Anderson Rudnick Investment Management, LLC· the adviser

Virtus Partners, Inc.
Control person · since September 2005
Owns 75% or more of Kayne Anderson Rudnick Investment Management, LLC
- Virtus Investment Partners, Inc
  Control person · since December 2008
  Owns 75% or more of Virtus Partners, Inc.

Leadership

George Aylward
President and Chief Executive Officer, Virtus Investment Partners, and Management Committee Member
Michael Angerthal
Executive Vice President and Chief Financial Officer, Virtus Investment Partners
Andra Purkalitis
Executive Vice President and Chief Legal Officer, Virtus Investment Partners
Jeannine Vanian
Chief Operating Officer, Management Committee Member
Michael Shoemaker
Chief Compliance Officer
Frank Lee
Chief Administrative Officer
Stephen Rigali
Executive Managing Director, Management Committee Member
Craig Stone
Chief Investment Officer, Management Committee Member

Staff

134 employees
47 in advisory functions
31 state-registered reps
22 broker-dealer reps
6 soliciting firms

Reported holdings

Kayne Anderson Rudnick Investment Management’s reported 13F holdings total $32.20B across 967 positions, and the ten largest make up 21.8% of it.

$32.20B
Reported 13F value: 967
Positions: 21.8%
In the 10 largest: −5.4%
Value vs. prior quarter

Ten largest positions, share of reported value

Primerica Inc.2.4%
Rbc Bearings Inc.2.4%
Watts Water Tech · Class A2.4%
Simpson Manufacturin2.3%
Jack Henry & Associa2.2%
Toro CO2.2%
Teledyne Tech Inc.2.1%
Acushnet Holdings2.0%
Landstar Sys Inc.2.0%
Interactive Brokers · Class A1.7%

Together, the ten largest are 21.8% 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 $32.20B is not its $39.36B in regulatory assets and does not represent any individual client's portfolio.

Fees

Kayne Anderson Rudnick Investment Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.

Kayne Anderson Rudnick 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, Kayne Anderson Rudnick Investment Management has 22 offices, with 23 listed addresses across 16 states.

Listed office addresses by state

California · 5 listed addresses

2000 Avenue of the Stars, Suite 1110, Los AngelesHQ
620 Newport Center DR, Newport Beach
30700 Russell Ranch Road, Westlake Village
1300 El Camino Real, Menlo Park
440 Stevens Ave, Solana Beach

Other business names

Kayne Anderson Rudnick Investment Management has reported 1 other business name to the SEC.

Kayne Anderson Rudnick Wealth Advisors

Registration details

Legal name: Kayne Anderson Rudnick Investment Management, LLC
Headquarters: 2000 Avenue of the Stars, Suite 1110, Los Angeles, CA 90067
Phone: 310-556-2721
Website: kayne.com
SEC file: 801-24241
Structure: California 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 Kayne Anderson Rudnick Investment Management have?

Kayne Anderson Rudnick Investment Management has 24,735 clients and manages $39.4 billion for them, as of March 2026. They include 22,509 other clients, 1,409 high-net-worth individuals and 586 other individuals.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026

What services does Kayne Anderson Rudnick Investment Management offer?

Kayne Anderson Rudnick Investment Management provides financial planning, 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 Kayne Anderson Rudnick Investment Management use?

Kayne Anderson Rudnick Investment Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $7,734,310,363 and UBS Securities LLC (New York, NY), with $7,321,152,499. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026

How many financial advisors does Kayne Anderson Rudnick Investment Management have?

Kayne Anderson Rudnick Investment Management has 31 investment adviser representatives registered with state securities authorities, out of 134 employees, and 47 perform investment advisory functions. 22 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 Kayne Anderson Rudnick Investment Management invest in?

At the end of its last fiscal year, Kayne Anderson Rudnick Investment Management’s separately managed accounts held 80% exchange-traded equities, 8% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 3% state and local bonds, 2% pooled vehicles (private funds and similar) and 1% investment grade corporate bonds. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Kayne Anderson Rudnick Investment Management?

Kayne Anderson Rudnick Investment Management is owned through a holding company by Virtus Investment Partners, Inc. Its direct owner is Virtus Partners, Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026

How does Kayne Anderson Rudnick Investment Management get paid?

Kayne Anderson Rudnick 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