{"url":"https://nivawealth.com/firms/metropolitan-west-asset-management-104571","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/104571","regulatoryAum":78524815779,"crd":"104571","secFileNumber":"801-53332","legalName":"Metropolitan West Asset Management LLC","displayName":"Metropolitan West Asset Management","website":null,"founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"515 South Flower Street","city":"Los Angeles","state":"CA","stateName":"California","country":"United States","postalCode":"90071"},"tradeNames":["Metwest","Mwam"],"registration":{"secApproved":"29 November 1996","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":377,"advisory":86,"brokerDealerReps":78,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":78524613182,"discretionaryAccounts":105,"nonDiscretionary":202597,"nonDiscretionaryAccounts":2,"wrapProgram":81724499,"nonUsClientsPct":3,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":1,"regulatoryAum":69438257},{"label":"Investment companies","clients":8,"regulatoryAum":54759246097},{"label":"Pooled investment vehicles","clients":40,"regulatoryAum":8507371806},{"label":"Charitable organizations","clients":13,"regulatoryAum":4652418585},{"label":"State or municipal government entities","clients":14,"regulatoryAum":6450307856},{"label":"Insurance companies","clients":9,"regulatoryAum":1933801486},{"label":"Sovereign wealth funds and foreign official institutions","clients":2,"regulatoryAum":287106641},{"label":"Corporations and other businesses","clients":4,"regulatoryAum":1865125051}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":5100389554},{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":9988232821},{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":3264986057}],"custodyNote":"Metropolitan West Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Kathryn Koch","title":"President and Chief Executive Officer, Elected Manager","crd":"4561711"},{"name":"Andrew Bowden","title":"Manager, Executive Vice President, General Counsel, Secretary, Elected Manager","crd":"2480645"},{"name":"Jessica Kung","title":"Executive Vice President, Chief Human Resources Officer, Elected Manager","crd":"4833819"},{"name":"Melissa Stolfi","title":"Executive Vice President, Global Chief Operating Officer, Elected Manager","crd":"4975592"},{"name":"Richard Villa","title":"Manager, Executive Vice President, Chief Financial Officer, Elected Manager","crd":"5586600"},{"name":"Kathryn Jones","title":"Global Chief Compliance Officer","crd":"6768341"},{"name":"Marc Stern","title":"Chairman, Elected Manager","crd":"4335929"},{"name":"Bryan Whalen","title":"Chief Investment Officer, Group Managing Director, Elected Manager","crd":"2779822"}],"ownership":[{"label":"TCW Asset Management Company LLC","detail":"Member in the 75% or more ownership band and a control person, since April 2014."},{"label":"Clipper Acquisitions Corp.","detail":"Indirect owner: a shareholder of The TCW Group, Inc. in the 75% or more band and a control person, since February 2013.","parent":"The TCW Group, Inc."},{"label":"Clipper Intermediate Corp.","detail":"Indirect owner: a shareholder of Clipper Acquisitions Corp. in the 75% or more band and a control person, since July 2012.","parent":"Clipper Acquisitions Corp."},{"label":"Clipper Holding, L.P.","detail":"Indirect owner: a shareholder of Clipper Intermediate Corp. in the 75% or more band and a control person, since July 2012.","parent":"Clipper Intermediate Corp."},{"label":"Clipper GP, L.L.C.","detail":"Indirect owner: general partner of Clipper Holding, L.P. and a control person, since July 2012.","parent":"Clipper Holding, L.P."},{"label":"TCW Group, Inc.","detail":"Indirect owner: a shareholder of TCW Asset Management Co in the 75% or more band and a control person, since May 1970.","parent":"TCW Asset Management Co"},{"label":"Nippon Life Americas, Inc.","detail":"Indirect owner: a shareholder of Clipper Holding, L.P. in the 50% to 75% band and a control person, since December 2017.","parent":"Clipper Holding, L.P."},{"label":"Nippon Life Insurance Company","detail":"Indirect owner: a shareholder of Nippon Life Americas, Inc. in the 75% or more band and a control person, since April 2013.","parent":"Nippon Life Americas, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"515 South Flower Street","city":"Los Angeles","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"1251 Avenue of the Americas","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"213-244-0000","stateRegisteredReps":20,"otherAdviserReps":19,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":36},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":18},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":7},{"label":"Other","percent":43,"detail":"Abs, MBS, Or Muni Trades."}],"privateFunds":0},"sources":{"adv1FilingDate":"5 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/104571/PDF/104571.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Metropolitan West Asset Management have?","answer":"Metropolitan West Asset Management has 91 clients and manages $78.5 billion for them, as of May 2026. They include 40 pooled investment vehicles, 14 state or municipal government entities and 13 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 5 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Metropolitan West Asset Management offer?","answer":"Metropolitan West Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Metropolitan West Asset Management use?","answer":"Metropolitan West Asset Management’s separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $9,988,232,821, The Bank of New York Mellon (New York, NY), with $5,100,389,554 and State Street Bank and Trust Company (Boston, MA), with $3,264,986,057. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Metropolitan West Asset Management have?","answer":"Metropolitan West Asset Management has 20 investment adviser representatives registered with state securities authorities, out of 377 employees, and 86 perform investment advisory functions. 78 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Metropolitan West Asset Management invest in?","answer":"At the end of its last fiscal year, Metropolitan West Asset Management’s separately managed accounts held 43% abs, mbs, or muni trades., 36% U.S. government and agency bonds, 18% investment grade corporate bonds, 7% registered funds (mutual funds, ETFs, BDCs), 1% state and local bonds and 1% high-yield 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Metropolitan West Asset Management?","answer":"Metropolitan West Asset Management is owned through a chain of holding companies by Nippon Life Insurance Company. Its direct owners are TCW Asset Management Company LLC (75% or more), Clipper Acquisitions Corp. (75% or more) and TCW Group, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 5 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Metropolitan West Asset Management get paid?","answer":"Metropolitan West Asset 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}