Adviser Profile

AUM* 212,660,045,528 20%
of that, discretionary 207,634,735,496 21%
Number of Employees 4,200 -7%
of those in investment advisory functions 2,650 -12%
Private Fund GAV* 0
Avg Account Size 345,668 22%
% High Net Worth 11.62% 22%
SMA’s Yes
Private Funds 0

Adviser Type

- Large advisory firm

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pension and profit sharing plans
- Charitable organizations
- State or municipal government entities
- Corporations or other businesses not listed above

Advisory Activities

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses
- Pension consulting services
- Selection of other advisers
- Publication of periodicals or newsletters
- Educational seminars/workshops

Compensation Arrangments

- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Commissions

Reported AUM

208B 178B 148B 119B 89B 59B 30B
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Discretionary
Non-discretionary

Private Funds

No private funds

Employees

Form ADV-E Surprise Examination Reports

Accounting Firm Name Filing Date Form ADV-E
Accounting Firm Name ASHLAND PARTNERS & COMPANY LLP Filing Date11/25/2025 Form ADV-E View Report
Accounting Firm Name RSM US LLP Filing Date03/29/2025 Form ADV-E View Report
Accounting Firm Name RSM US LLP Filing Date10/28/2024 Form ADV-E View Report
Accounting Firm Name RSM US LLP Filing Date12/21/2023 Form ADV-E View Report

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker037833100 Stock NameAPPLE INC $ Position$2,467,636,407 % Position3.00% $ Change9.00% # Change-5.00%
Stck Ticker464287200 Stock NameISHARES TR $ Position$1,997,422,658 % Position3.00% $ Change16.00% # Change1.00%
Stck Ticker46090E103 Stock NameINVESCO QQQ TR $ Position$1,224,757,123 % Position2.00% $ Change19.00% # Change-7.00%
Stck Ticker67066G104 Stock NameNVIDIA CORPORATION $ Position$1,721,131,559 % Position2.00% $ Change9.00% # Change-5.00%
Stck Ticker746729300 Stock NamePUTNAM ETF TRUST $ Position$406,421,286 % Position1.00% $ Change31.00% # Change20.00%
Stck Ticker78462F103 Stock NameSTATE STR SPDR S&P 500 ETF T $ Position$1,109,042,368 % Position1.00% $ Change5.00% # Change-8.00%
Stck Ticker921943858 Stock NameVANGUARD TAX-MANAGED FDS $ Position$1,187,605,336 % Position1.00% $ Change11.00% # Change-1.00%
Stck Ticker922908769 Stock NameVANGUARD INDEX FDS $ Position$710,594,289 % Position1.00% $ Change12.00% # Change-2.00%
Stck Ticker922908744 Stock NameVANGUARD INDEX FDS $ Position$593,397,052 % Position1.00% $ Change15.00% # Change3.00%
Stck Ticker464287309 Stock NameISHARES TR $ Position$424,250,549 % Position1.00% $ Change23.00% # Change2.00%