Clients
Meketa Fiduciary Management serves 44 clients, 23 of them charitable organizations. The average client has about $458 million with the firm.
- Pension and profit-sharing plans21 clients82%
- Charitable organizations23 clients15%
- Other2%
- OtherHigh-net-worth individuals, State or municipal government entities0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Not reported | $14,000,000 | 0.1% | — |
| Pension and profit-sharing plans | 21 | $16,597,000,000 | 82.4% | $790.3M |
| Charitable organizations | 23 | $3,023,000,000 | 15.0% | $131.4M |
| State or municipal government entities | Not reported | $62,000,000 | 0.3% | — |
| Other | Not reported | $448,000,000 | 2.2% | — |
| Total | 44 | $20,144,000,000 | 100% | $457.8M |
- Clients
- Not reported
- Regulatory AUM
- $14,000,000
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 21
- Regulatory AUM
- $16,597,000,000
- Share
- 82.4%
- Avg. per client
- $790.3M
- Clients
- 23
- Regulatory AUM
- $3,023,000,000
- Share
- 15.0%
- Avg. per client
- $131.4M
- Clients
- Not reported
- Regulatory AUM
- $62,000,000
- Share
- 0.3%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $448,000,000
- Share
- 2.2%
- Avg. per client
- —
Total
- Clients
- 44
- Regulatory AUM
- $20,144,000,000
- Share
- 100%
- Avg. per client
- $457.8M
What it does
Meketa Fiduciary Management provides portfolio management for institutions, pension consulting and selecting other managers. It is paid through a percentage of assets and fixed fees.
Meketa Fiduciary Management advises no private funds.
97.6% of assets ($19.66B across 48 accounts) are managed with discretion; $483.0M across 1 account is not. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks1%
- Funds78%
- Pooled vehicles64%
- Registered funds14%
- Bonds15%
- Cash1%
- Other5%
- Hedge funds.5%
Custodians
Meketa Fiduciary Management’s client accounts are held mainly at US Bank N.A., with 49% of managed assets, and Northern Trust, with 14%. Meketa Fiduciary Management does not have custody of client assets.
- US Bank N.A.US Bank N.A. · Los Angeles, CA · $9.95B49%
- Northern TrustNorthern Trust · Chicago, IL · $2.73B14%
- State Street BankState Street Bank · Boston, MA · $2.02B10%
- All other custodians$5.44B27%
Ownership and leadership
Meketa Investment Group Inc owns 75% or more of Meketa Fiduciary Management.
- Owns 75% or more of Meketa Fiduciary Management, LLC
Meketa Investment Group Inc
Control person · since October 2014
- Owns 10% to 25% of Meketa Fiduciary Management, LLC
Zaman, LLC
Control person · since October 2014
- Owns 75% or more of Zaman, LLC
Rafi Zaman
Control person · since April 2015
Leadership
- Mukunda LoprinziChief Compliance Officer, Senior Vice President
- Stephen McCourtManaging Director
- James MeketaManaging Director
- Peter WoolleyManaging Director
- Rafi ZamanChief Investment Officer, Managing Director
- Timothy ZayacChief Legal Officer
Staff
- 1 employee
- 1 in advisory functions
Fees
Meketa Fiduciary Management is paid through a percentage of assets under management and fixed fees (other than subscription fees).
Meketa Fiduciary Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Meketa Fiduciary Management has 5 offices, with 5 listed addresses across 4 states.
New York · 2 listed addresses
- 48 Wall Street, New York
- 80 University Ave, Westwood
California · 1 listed address
- 5796 Armada Drive, Suite 110, CarlsbadHQ
Illinois · 1 listed address
- 1 East Wacker Drive, Chicago
Oregon · 1 listed address
- 2175 NW Raleigh Street, Portland
Registration details
- Legal name
- Meketa Fiduciary Management, LLC
- Headquarters
- 5796 Armada Drive, Suite 110, Carlsbad, CA 92008
- Phone
- 760-795-3450
- Website
- meketa.com
- SEC file
- 801-126961
- 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 Meketa Fiduciary Management have?
Meketa Fiduciary Management has 44 clients and manages $20.1 billion for them, as of March 2026. They include 23 charitable organizations and 21 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Meketa Fiduciary Management offer?
Meketa Fiduciary Management provides portfolio management for institutions, pension consulting and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Meketa Fiduciary Management use?
Meketa Fiduciary Management’s separately managed account assets are held at US Bank N.A. (Los Angeles, CA), with $9,950,000,000, Northern Trust (Chicago, IL), with $2,734,000,000 and State Street Bank (Boston, MA), with $2,020,000,000. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Meketa Fiduciary Management have?
Meketa Fiduciary Management has 0 investment adviser representatives registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Meketa Fiduciary Management invest in?
At the end of its last fiscal year, Meketa Fiduciary Management’s separately managed accounts held 64% pooled vehicles (private funds and similar), 15% investment grade corporate bonds, 14% registered funds (mutual funds, ETFs, BDCs), 5% hedge funds., 1% exchange-traded equities and 1% cash and equivalents. 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 Meketa Fiduciary Management?
Meketa Fiduciary Management is owned through a holding company by Rafi Zaman. Its direct owners are Meketa Investment Group Inc (75% or more) and Zaman, LLC (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Meketa Fiduciary Management get paid?
Meketa Fiduciary Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
