Clients
Ullico Investment Advisors serves 25 clients, 12 of them pooled investment vehicles. The average client has about $557 million with the firm.
- Pooled investment vehicles12 clients94%
- Pension and profit-sharing plans10 clients4%
- OtherBanking or thrift institutions, Insurance companies2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Banking or thrift institutions | 1 | $116,760,229 | 0.8% | $116.8M |
| Pooled investment vehicles | 12 | $13,052,415,623 | 93.7% | $1.09B |
| Pension and profit-sharing plans | 10 | $530,686,681 | 3.8% | $53.1M |
| Other investment advisers | 1 | $0 | 0.0% | $0 |
| Insurance companies | 1 | $224,207,847 | 1.6% | $224.2M |
| Total | 25 | $13,924,070,380 | 100% | $557.0M |
- Clients
- 1
- Regulatory AUM
- $116,760,229
- Share
- 0.8%
- Avg. per client
- $116.8M
- Clients
- 12
- Regulatory AUM
- $13,052,415,623
- Share
- 93.7%
- Avg. per client
- $1.09B
- Clients
- 10
- Regulatory AUM
- $530,686,681
- Share
- 3.8%
- Avg. per client
- $53.1M
- Clients
- 1
- Regulatory AUM
- $0
- Share
- 0.0%
- Avg. per client
- $0
- Clients
- 1
- Regulatory AUM
- $224,207,847
- Share
- 1.6%
- Avg. per client
- $224.2M
Total
- Clients
- 25
- Regulatory AUM
- $13,924,070,380
- Share
- 100%
- Avg. per client
- $557.0M
What it does
Ullico Investment Advisors provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets.
Ullico Investment Advisors advises 9 private funds.
100.0% of assets ($13.92B across 25 accounts) are managed with discretion. 4% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks10%
- Funds1%
- Bonds73%
- U.S. government and agency bonds43%
- Investment grade corporate bonds26%
- State and local bonds4%
- Cash11%
- Other4%
- Other includes abs, cmbs, non-us govt/agency and private placements4%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Ullico Investment Advisors’ client accounts are held mainly at U.S. Bank, National Association, with 3% of managed assets, and BNY, with 2%. Ullico Investment Advisors has custody of client assets.
- BNYBNY · Everett, MA · $224.2M2%
- U.S. Bank, National AssociationU.S. Bank, National Association · ST. Louis, MO · $451.4M3%
- Caceis BankCaceis Bank · Montrouge · $116.8M1%
- All other custodians$13.13B94%
Ownership and leadership
Ullico Inc. owns 75% or more of Ullico Investment Advisors.
- Owns 75% or more of Ullico Investment Advisors, Inc.
Ullico Inc.
Control person · since January 1990
Leadership
- Hugh DarceySR. Vice President, Real Estate Equity Fund
- Peter HaleySR. Vice President
- Cathy HumphreySR. Vice President
- Herbert KolbenDirector, SR. Vice President
- Joseph LinehanPresident, Director
- Yinan YuChief Financial Officer, Secretary, Treasurer, Director
- Cathy HumphreyDirector, Chief Operating Officer
- Richard LarocqueChief Compliance Officer
- Kenneth ScottDirector
Staff
- 92 employees
- 58 in advisory functions
- 21 broker-dealer reps
- 7 insurance agents
- 1 soliciting firm
Fees
Ullico Investment Advisors is paid through a percentage of assets under management.
Ullico Investment Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Ullico Investment Advisors has 5 offices, with 6 listed addresses across 6 states.
California · 1 listed address
- 4695 Macarthur Court, Newport Beach
District of Columbia · 1 listed address
- 1625 Eye ST NW, Washington
Illinois · 1 listed address
- 320 S Canal Street, Chicago
Maryland · 1 listed address
- 7373 Wisconsin Ave, Suite 2000, BethesdaHQ
New York · 1 listed address
- 420 Lexington Avenue, New York
North Carolina · 1 listed address
- 1215 Environ Way, Chapel Hill
Other business names
Ullico Investment Advisors has reported 6 other business names to the SEC.
- Uia Investment Management, LLC (relying Adviser)
- Uif GP, LLC (relying Addviser)
- Ullico Dief, LLC (relying Adviser)
- Ullico Infrastructure Management Company, LLC (relying Adviser)
- Ullico Iscf, LLC (relying Adviser)
- Ullico Value-Add Fund I GP LLC (relying Adviser)
Registration details
- Legal name
- Ullico Investment Advisors, Inc.
- Headquarters
- 7373 Wisconsin Ave, Suite 2000, Bethesda, MD 20814
- Phone
- 202-962-8951
- Website
- www.ullico.com
- SEC file
- 801-36371
- Structure
- Maryland corporation
- 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 Ullico Investment Advisors have?
Ullico Investment Advisors has 25 clients and manages $13.9 billion for them, as of August 2026. They include 12 pooled investment vehicles, 10 pension and profit-sharing plans and 1 banking or thrift institutions.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 August 2026
What services does Ullico Investment Advisors offer?
Ullico Investment Advisors provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ullico Investment Advisors use?
Ullico Investment Advisors’ separately managed account assets are held at U.S. Bank, National Association (ST. Louis, MO), with $451,406,030, BNY (Everett, MA), with $224,207,847 and Caceis Bank (Montrouge), with $116,760,229. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 August 2026
How many financial advisors does Ullico Investment Advisors have?
Ullico Investment Advisors has 0 investment adviser representatives registered with state securities authorities, out of 92 employees, and 58 perform investment advisory functions. 21 are registered representatives of a broker-dealer and 7 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 Ullico Investment Advisors invest in?
At the end of its last fiscal year, Ullico Investment Advisors’ separately managed accounts held 43% U.S. government and agency bonds, 26% investment grade corporate bonds, 11% cash and equivalents, 10% exchange-traded equities, 4% state and local bonds, 4% other includes abs, cmbs, non-us govt/agency and private placements and 1% registered funds (mutual funds, ETFs, BDCs). It advises 9 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 Ullico Investment Advisors?
Ullico Investment Advisors’ direct owner is Ullico Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 August 2026
How does Ullico Investment Advisors get paid?
Ullico Investment Advisors is paid through a percentage of assets under management. 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