Clients
TCW Investment Management serves 4,945 clients, 4,748 of them other individuals. The average client has about $7.9 million with the firm, and high-net-worth clients hold 0% of its $38.8 billion in assets.
- Individuals4,748 clients6%
- Investment companies12 clients76%
- Pooled investment vehicles9 clients16%
- OtherHigh-net-worth individuals, Pension and profit-sharing plans, Charitable organizations, Insurance companies, Sovereign wealth funds and foreign official institutions, Corporations and other businesses2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 4,748 | $2,424,701,843 | 6.2% | $511K |
| High-net-worth individuals | 15 | $106,653,921 | 0.3% | $7.11M |
| Investment companies | 12 | $29,484,936,310 | 76.0% | $2.46B |
| Pooled investment vehicles | 9 | $6,088,299,408 | 15.7% | $676.5M |
| Pension and profit-sharing plans | 40 | $514,343,585 | 1.3% | $12.9M |
| Charitable organizations | 48 | $77,856,802 | 0.2% | $1.62M |
| Insurance companies | 1 | $297,171 | 0.0% | $297K |
| Sovereign wealth funds and foreign official institutions | 1 | $1,268,054 | 0.0% | $1.27M |
| Corporations and other businesses | 71 | $121,157,295 | 0.3% | $1.71M |
| Total | 4,945 | $38,819,514,389 | 100% | $7.85M |
- Clients
- 4,748
- Regulatory AUM
- $2,424,701,843
- Share
- 6.2%
- Avg. per client
- $511K
- Clients
- 15
- Regulatory AUM
- $106,653,921
- Share
- 0.3%
- Avg. per client
- $7.11M
- Clients
- 12
- Regulatory AUM
- $29,484,936,310
- Share
- 76.0%
- Avg. per client
- $2.46B
- Clients
- 9
- Regulatory AUM
- $6,088,299,408
- Share
- 15.7%
- Avg. per client
- $676.5M
- Clients
- 40
- Regulatory AUM
- $514,343,585
- Share
- 1.3%
- Avg. per client
- $12.9M
- Clients
- 48
- Regulatory AUM
- $77,856,802
- Share
- 0.2%
- Avg. per client
- $1.62M
- Clients
- 1
- Regulatory AUM
- $297,171
- Share
- 0.0%
- Avg. per client
- $297K
- Clients
- 1
- Regulatory AUM
- $1,268,054
- Share
- 0.0%
- Avg. per client
- $1.27M
- Clients
- 71
- Regulatory AUM
- $121,157,295
- Share
- 0.3%
- Avg. per client
- $1.71M
Total
- Clients
- 4,945
- Regulatory AUM
- $38,819,514,389
- Share
- 100%
- Avg. per client
- $7.85M
What it does
TCW Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities. It is paid through a percentage of assets and performance-based fees.
TCW Investment Management advises no private funds.
100.0% of assets ($38.82B across 4,982 accounts) are managed with discretion. $2.81B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 8,937 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks79%
- Funds1%
- Bonds18%
- Sovereign bonds9%
- U.S. government and agency bonds4%
- Investment grade corporate bonds3%
- High-yield corporate bonds2%
- Cash2%
Custodians
TCW Investment Management’s client accounts are held mainly at UBS Europe Se, with 4% of managed assets, and J.P. Morgan, with 2%. TCW Investment Management does not have custody of client assets.
- The Northern TrustThe Northern Trust Company · Chicago, IL · $432.2M1%
- UBS Europe SeUBS Europe Se · Hessen · $1.51B4%
- J.P. MorganJpmorgan Chase, NA · Brooklyn, NY · $730.4M2%
- All other custodians$36.14B93%
Ownership and leadership
The TCW Group, Inc. owns 75% or more of TCW Investment Management, and Kathryn Koch is its CEO.
- Owns 75% or more of TCW Investment Management Company LLC
The TCW Group, Inc.
Control person · since January 1987
- Owns 75% or more of The TCW Group, Inc.
Clipper Acquisitions Corp.
Control person · since February 2013
- Owns 75% or more of Clipper Acquisitions Corp.
Clipper Intermediate Corp.
Control person · since July 2012
- Owns 75% or more of Clipper Intermediate Corp.
Clipper Holding, L.P.
Control person · since July 2012
- Owns 50% to 75% of Clipper Holding, L.P.
Nippon Life Americas, Inc.
Control person · since December 2017
- Owns 75% or more of Nippon Life Americas, Inc.
Nippon Life Insurance Company
Control person · since April 2013
Clipper GP, L.L.C.
General partner · Control person · since July 2012
Leadership
- Kathryn KochPresident, Chief Executive Officer
- Andrew BowdenBoard Member, Executive Vice President, General Counsel, Secretary
- Jessica KungExecutive Vice President and Chief Human Resources Officer
- Melissa StolfiExecutive Vice President, Global Chief Operating Officer
- Richard VillaBoard Member, Executive Vice President, Chief Financial Officer
- Kathryn JonesGlobal Chief Compliance Officer
- Marc SternChairman
Staff
- 405 employees
- 114 in advisory functions
- 20 state-registered reps
- 81 broker-dealer reps
- 1 soliciting firm
Fees
TCW Investment Management is paid through a percentage of assets under management and performance-based fees.
TCW Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, TCW Investment Management has 6 offices (2 private residences, listed without an address), with 4 listed addresses across 3 states.
California · 2 listed addresses
- 515 South Flower Street, Los AngelesHQ
- 301 Hartz Avenue, Danville
Massachusetts · 1 listed address
- The John Hancock Tower, Boston
New York · 1 listed address
- 1251 Avenue of the Americas, New York
Registration details
- Legal name
- TCW Investment Management Company LLC
- Headquarters
- 515 South Flower Street, Los Angeles, CA 90071
- Phone
- 213-244-0000
- Website
- Not reported
- SEC file
- 801-29075
- 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 TCW Investment Management have?
TCW Investment Management has 4,945 clients and manages $38.8 billion for them, as of May 2026. They include 4,748 other individuals, 71 corporations and other businesses and 48 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 May 2026
What services does TCW Investment Management offer?
TCW Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does TCW Investment Management use?
TCW Investment Management’s separately managed account assets are held at UBS Europe Se (Hessen), with $1,514,925,204, Jpmorgan Chase, NA (Brooklyn, NY), with $730,360,000 and The Northern Trust Company (Chicago, IL), with $432,234,161. 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
How many financial advisors does TCW Investment Management have?
TCW Investment Management has 20 investment adviser representatives registered with state securities authorities, out of 405 employees, and 114 perform investment advisory functions. 81 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 TCW Investment Management invest in?
At the end of its last fiscal year, TCW Investment Management’s separately managed accounts held 79% exchange-traded equities, 9% sovereign bonds, 4% U.S. government and agency bonds, 3% investment grade corporate bonds, 2% high-yield corporate bonds, 2% cash and equivalents and 1% registered funds (mutual funds, ETFs, BDCs). 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 TCW Investment Management?
TCW Investment Management is owned through a chain of holding companies by Nippon Life Insurance Company. Its direct owner is the TCW Group, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 5 May 2026
How does TCW Investment Management get paid?
TCW Investment 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