River Road Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
River Road Asset Management reports 112 clients. They include 22 pension and profit-sharing plans, 22 other clients, and 21 high-net-worth individuals. Of its assets, 100.0% ($9.85B across 93 accounts) are managed with discretion. Of its clients, 13% are outside the U.S. It advised 28 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 19% | <1% |
| Investment companies | 12% | 45% |
| Pooled investment vehicles | 10% | 18% |
| Pension and profit-sharing plans | 20% | 16% |
| Charitable organizations | 14% | 3% |
| Other client typesState or municipal government entities; Corporations and other businesses; Other | 26% | 17% |
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 |
|---|---|---|---|---|
| High-net-worth individuals | 21 | $86.6M | 0.9% | $4.12M |
| Investment companies | 13 | $4.48B | 45.5% | $345M |
| Pooled investment vehicles | 11 | $1.81B | 18.4% | $165M |
| Pension and profit-sharing plans | 22 | $1.56B | 15.9% | $71.1M |
| Charitable organizations | 16 | $262M | 2.7% | $16.4M |
| State or municipal government entities | 7 | $1.52B | 15.4% | $217M |
| Corporations and other businesses | Fewer than 5 | $128M | 1.3% | — |
| Other | 22 | $0 | 0.0% | $0 |
| Total | 112 | $9.85B | 100% | — |
- Clients
- 21
- Regulatory AUM
- $86.6M
- AUM share
- 0.9%
- Avg. per client
- $4.12M
- Clients
- 13
- Regulatory AUM
- $4.48B
- AUM share
- 45.5%
- Avg. per client
- $345M
- Clients
- 11
- Regulatory AUM
- $1.81B
- AUM share
- 18.4%
- Avg. per client
- $165M
- Clients
- 22
- Regulatory AUM
- $1.56B
- AUM share
- 15.9%
- Avg. per client
- $71.1M
- Clients
- 16
- Regulatory AUM
- $262M
- AUM share
- 2.7%
- Avg. per client
- $16.4M
- Clients
- 7
- Regulatory AUM
- $1.52B
- AUM share
- 15.4%
- Avg. per client
- $217M
- Clients
- Fewer than 5
- Regulatory AUM
- $128M
- AUM share
- 1.3%
- Avg. per client
- —
- Clients
- 22
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- $0
Total
- Clients
- 112
- Regulatory AUM
- $9.85B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 13%
- Clients advised without assets under management last fiscal year
- 28
- Private funds advised
- 0
River Road Asset Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Rram Acquisition, LLC owns 75% or more of River Road Asset Management and is in turn owned by Affiliated Managers Group, Inc. (75% or more). The leadership team of River Road Asset Management includes Chief Investment Officer John Brown, Chief Operating Officer Thomas Mueller and Chief Compliance Officer Meagan Snyder. It has 46 employees, 22 of them in advisory roles.
Staff
- 46 employees
- 22 in advisory functions
- 1 broker-dealer rep
- 3 soliciting firms
- Owns 75% or more of River Road Asset Management, LLC
Rram Acquisition, LLC
since June 2014
- Owns 75% or more of Rram Acquisition, LLC
Affiliated Managers Group, Inc.
Control person · since March 2014
River Road Asset Management’s regulatory assets grew from $7.36B (April 2021) to $9.85B (March 2026); clients fell from 121 to 112 and employees were 46 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $9.85B | 112 | 46 | 1 |
| Jun 2025June 2025 | $8.01B | 106 | 44 | 1 |
| Mar 2024March 2024 | $7.68B | 122 | 44 | 1 |
| Mar 2023March 2023 | $7.8B | 107 | 50 | 1 |
| Jun 2022June 2022 | $9.81B | 110 | 48 | 1 |
| Apr 2021April 2021 | $7.36B | 121 | 45 | 1 |
Besides its headquarters, River Road Asset Management has 0 offices, with 1 listed address in 1 state.
Kentucky · 1 listed address
- 462 South Fourth Street, Suite 2000, LouisvilleHQ
Contact and registration details
- Legal name
- River Road Asset Management, LLC
- Headquarters
- 462 South Fourth Street, Suite 2000, Louisville, KY 40202-3466
- Website
- riverroadam.com
- Phone
- 502-371-4100
- @river-road-asset-management
- SEC file
- 801-64175
- Structure
- Delaware LLC
- Fiscal year end
- December
River Road Asset Management’s named custodians for separately managed accounts are The Bank of New York Mellon ($1.82B, 59%), Fidelity ($881M, 28%) and The Northern Trust ($400M, 13%). River Road Asset Management does not have custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $1.82B59%
- FidelityFidelity Management Trust Company · Boston, MA · $881M28%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $400M13%
At year end, River Road Asset Management’s separately managed accounts were mostly in stocks (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $8.99B across 175 positions; the largest are Bj's Wholesale Club Holdings, (3.3%), Mcgrath Rentcorp (2.8%) and White Mountains Insurance Grou (2.7%).
What the accounts hold
- Stocks95%
- Exchange-traded equities93%
- Non-exchange-traded equities2%
- Cash4%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does River Road Asset Management have?
River Road Asset Management has 112 clients and manages $9.85 billion for them, as of March 2026. They include 22 pension and profit-sharing plans, 22 other clients, and 21 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does River Road Asset Management offer?
River Road Asset Management 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 River Road Asset Management use?
River Road Asset Management’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $1.82B, Fidelity Management Trust Company (Boston, MA), with $881M and The Northern Trust Company (Chicago, IL), with $400M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does River Road Asset Management have?
River Road Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 46 employees, and 22 perform investment advisory functions. 1 employee is a registered representative 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 River Road Asset Management invest in?
At the end of its last fiscal year, River Road Asset Management’s separately managed accounts held 93% exchange-traded equities, 4% cash and equivalents and 2% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns River Road Asset Management?
River Road Asset Management is owned through a holding company by Affiliated Managers Group, Inc. Its direct owner is Rram Acquisition, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does River Road Asset Management get paid?
River Road Asset Management 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
How do I contact River Road Asset Management?
River Road Asset Management’s main office is at 462 South Fourth Street, Suite 2000, Louisville, KY 40202-3466. Its phone number is 502-371-4100. Its website is riverroadam.com.
