Managed Asset Portfolios provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Managed Asset Portfolios reports 1,663 clients. They include 1,394 individual clients, 226 high-net-worth individuals, and 31 corporations and other businesses. Of its assets, 98.1% ($1.24B across 1,643 accounts) are managed with discretion; $23.9M across 312 accounts are not. A wrap fee program the firm both sponsors and manages holds $490M. Of its clients, 1% are outside the U.S. It advised 709 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 84% | 33% |
| High-net-worth individuals | 14% | 39% |
| Investment companies | <1% | 8% |
| Pooled investment vehicles | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Other client typesState or municipal government entities; Corporations and other businesses; Other | 2% | 19% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,394 | $419M | 33.1% | $301K |
| High-net-worth individuals | 226 | $496M | 39.1% | $2.19M |
| Investment companies | 2 | $99.9M | 7.9% | $50M |
| Pooled investment vehicles | 1 | $9.31M | 0.7% | $9.31M |
| Charitable organizations | 9 | $5.4M | 0.4% | $600K |
| State or municipal government entities | Fewer than 5 | $146M | 11.5% | — |
| Corporations and other businesses | 31 | $90.1M | 7.1% | $2.91M |
| Other | Fewer than 5 | $1.02M | 0.1% | — |
| Total | 1,663 | $1.27B | 100% | — |
- Clients
- 1,394
- Regulatory AUM
- $419M
- AUM share
- 33.1%
- Avg. per client
- $301K
- Clients
- 226
- Regulatory AUM
- $496M
- AUM share
- 39.1%
- Avg. per client
- $2.19M
- Clients
- 2
- Regulatory AUM
- $99.9M
- AUM share
- 7.9%
- Avg. per client
- $50M
- Clients
- 1
- Regulatory AUM
- $9.31M
- AUM share
- 0.7%
- Avg. per client
- $9.31M
- Clients
- 9
- Regulatory AUM
- $5.4M
- AUM share
- 0.4%
- Avg. per client
- $600K
- Clients
- Fewer than 5
- Regulatory AUM
- $146M
- AUM share
- 11.5%
- Avg. per client
- —
- Clients
- 31
- Regulatory AUM
- $90.1M
- AUM share
- 7.1%
- Avg. per client
- $2.91M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.02M
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 1,663
- Regulatory AUM
- $1.27B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 709
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Managed Asset Portfolios is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Michael Dzialo owns 75% or more of Managed Asset Portfolios. The leadership team of Managed Asset Portfolios includes President Michael Dzialo and Chief Compliance Officer Thomas Fitzgerald. It has 22 employees, 6 of them in advisory roles.
Staff
- 22 employees
- 6 in advisory functions
- 19 state-registered reps
- 5 broker-dealer reps
- 6 soliciting firms
- Owns 75% or more of Managed Asset Portfolios, LLC
Michael Dzialo
Control person · since November 2000
Managed Asset Portfolios’ regulatory assets grew from $926M (March 2021) to $1.27B (August 2026); clients rose from 1,442 to 1,663 and employees fell from 24 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $1.27B | 1,663 | 22 | 1 |
| Mar 2025March 2025 | $1.06B | 1,607 | 22 | 1 |
| Mar 2024March 2024 | $1.09B | 1,659 | 21 | 1 |
| Mar 2023March 2023 | $1.02B | 1,601 | 21 | 1 |
| Mar 2022March 2022 | $1.11B | 1,524 | 21 | 2 |
| Mar 2021March 2021 | $926M | 1,442 | 24 | 2 |
Besides its headquarters, Managed Asset Portfolios has 0 offices, with 1 listed address in 1 state.
Michigan · 1 listed address
- 950 W. University, Suite 100, RochesterHQ
Contact and registration details
- Legal name
- Managed Asset Portfolios, LLC
- Headquarters
- 950 W. University, Suite 100, Rochester, MI 48307
- Website
- managedassetportfolios.com
- Phone
- 248-601-6677
- @managed-asset-portfolios-llc
- SEC file
- 801-58125
- Structure
- Delaware LLC
- Fiscal year end
- December
Managed Asset Portfolios’ named custodian for separately managed accounts is Charles Schwab ($493M). Managed Asset Portfolios has custody of $169M for 222 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $493M100%
At year end, Managed Asset Portfolios’ separately managed accounts were mostly in stocks (81%) and bonds (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $875M across 51 positions; the largest are Applied Materials (8.9%), Chevron Corporation (4.4%) and Sprott Physical Gold & Silver (4.4%).
What the accounts hold
- Stocks81%
- Funds2%
- Bonds15%
- High-yield corporate bonds9%
- Investment grade corporate bonds5%
- U.S. government and agency bonds1%
- Cash2%
How many clients does Managed Asset Portfolios have?
Managed Asset Portfolios has 1,663 clients and manages $1.27 billion for them, as of August 2026. They include 1,394 individual clients, 226 high-net-worth individuals, and 31 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 August 2026
What services does Managed Asset Portfolios offer?
Managed Asset Portfolios 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 Managed Asset Portfolios use?
Managed Asset Portfolios’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $493M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 August 2026
How many financial advisors does Managed Asset Portfolios have?
Managed Asset Portfolios has 19 investment adviser representatives registered with state securities authorities, out of 22 employees, and 6 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 0 employees 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 Managed Asset Portfolios invest in?
At the end of its last fiscal year, Managed Asset Portfolios’ separately managed accounts held 81% exchange-traded equities, 9% high-yield corporate bonds, 5% investment grade corporate bonds, 2% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Managed Asset Portfolios?
Managed Asset Portfolios’ direct owner is Michael Dzialo (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 August 2026
How does Managed Asset Portfolios get paid?
Managed Asset Portfolios 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
How do I contact Managed Asset Portfolios?
Managed Asset Portfolios’ main office is at 950 W. University, Suite 100, Rochester, MI 48307. Its phone number is 248-601-6677. Its website is managedassetportfolios.com.