Clients
Morrison US serves 10 clients, 4 of them pooled investment vehicles. The average client has about $3.25 billion with the firm.
- Pooled investment vehicles4 clients27%
- Pension and profit-sharing plans4 clients18%
- Sovereign wealth funds and foreign official institutions1 clients18%
- Corporations and other businesses1 clients36%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 4 | $8,900,000,000 | 27.4% | $2.23B |
| Pension and profit-sharing plans | 4 | $5,907,000,000 | 18.2% | $1.48B |
| Sovereign wealth funds and foreign official institutions | 1 | $5,925,000,000 | 18.2% | $5.92B |
| Corporations and other businesses | 1 | $11,795,000,000 | 36.3% | $11.79B |
| Total | 10 | $32,527,000,000 | 100% | $3.25B |
- Clients
- 4
- Regulatory AUM
- $8,900,000,000
- Share
- 27.4%
- Avg. per client
- $2.23B
- Clients
- 4
- Regulatory AUM
- $5,907,000,000
- Share
- 18.2%
- Avg. per client
- $1.48B
- Clients
- 1
- Regulatory AUM
- $5,925,000,000
- Share
- 18.2%
- Avg. per client
- $5.92B
- Clients
- 1
- Regulatory AUM
- $11,795,000,000
- Share
- 36.3%
- Avg. per client
- $11.79B
Total
- Clients
- 10
- Regulatory AUM
- $32,527,000,000
- Share
- 100%
- Avg. per client
- $3.25B
What it does
Morrison US provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Morrison US advises 1 private funds.
9.8% of assets ($3.20B across 4 accounts) are managed with discretion; $29.33B across 7 accounts are not. 90% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Other100%
- Investments alongside funds directly in portfolio companies and a publicly traded company that conducts private investments100%
Custodians
Morrison US has custody of $105.5M for 1 clients.
- All other custodians$32.53B100%
Ownership and leadership
Morrison US Holdings LLC owns 75% or more of Morrison US, and Paul Newfield is its CEO.
- Owns 75% or more of Morrison US, LLC
Morrison US Holdings LLC
Control person · since December 2019
- Owns 75% or more of Morrison US Holdings LLC
H.R.L. Morrison & Co Group Limited Partnership
Control person · since December 2019
Anthony Howard
Trustee · Control person · since December 2012
Robert Morrison
Trustee · Control person · since September 2011
Andrew Stewart
Trustee · Control person · since September 2011
H.R.L Morrison & Co Group GP Limited
General partner · Control person · since December 2013
Duncan Saville
Member · Control person · since November 2016
- Owns 5% to 10% of Morrison US, LLC
Paul Newfield
Control person · since January 2022
Leadership
- Paul NewfieldChief Executive Officer
- Rebecca BonnevieCorporate Counsel/Morrison Chief Compliance Officer
- Seth WebsterChief Compliance Officer
- Kellee ClarkHead of Legal
- William SmalesChief Investment Officer
Staff
- 20 employees
- 14 in advisory functions
- 6 broker-dealer reps
- 1 soliciting firm
Fees
Morrison US is paid through a percentage of assets under management and performance-based fees.
Morrison US’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Morrison US has 6 offices, with 2 listed addresses in 1 state.
New York · 1 listed address
- 600 Fifth Avenue, New York
Choose a state to see its listed addresses.
Other business names
Morrison US has reported 2 other business names to the SEC.
- Morrison
- Morrison Global
Registration details
- Legal name
- Morrison US, LLC
- Headquarters
- 5 Market Lane, Wellington, New Zealand 6011
- Phone
- 347-952-6718
- Website
- Not reported
- SEC file
- 801-122215
- Structure
- Delaware LLC
- Fiscal year end
- March
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 Morrison US have?
Morrison US has 10 clients and manages $32.5 billion for them, as of July 2026. They include 4 pooled investment vehicles, 4 pension and profit-sharing plans and 1 sovereign wealth funds and foreign official institutions.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does Morrison US offer?
Morrison US provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Morrison US have?
Morrison US has 0 investment adviser representatives registered with state securities authorities, out of 20 employees, and 14 perform investment advisory functions. 6 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 Morrison US invest in?
At the end of its last fiscal year, Morrison US’s separately managed accounts held 100% investments alongside funds directly in portfolio companies and a publicly traded company that conducts private investments. It advises 1 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 Morrison US?
Morrison US’s direct owners are Paul Newfield (5% to 10%) and Morrison US Holdings LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does Morrison US get paid?
Morrison US 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