Asset manager · New York, NY
Advent Capital Management, LLC
SEC-registered investment adviser · CRD 113013 · SEC 801-60263
At a glance
Advent Capital Management, LLC is an SEC-registered investment adviser based in New York, New York, with $8.8 billion in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is insurance companies, and it reports 352 individual clients. By Form ADV it is a asset manager, ranked 548th of 3,218 asset managers and 1,488th of 17,210 SEC-registered advisers by assets.
Main office 212-482-1600adventcap.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $8.8B
- Rank among asset managers
- #548 of 3,218
- Rank among all SEC RIAs
- #1,488 of 17,210
- Rank in New York
- #384 of 2,591
- Individual clients
- 352
- High-net-worth clients
- 50
- Accounts
- 430
- Discretionary
- 100% of AUM
- Employees
- 58
- Advisory staff
- 23
- Offices
- 1
Owners and executives on its Form ADV
- Tracy V. MaitlandManaging Member/chief Executive Officer
- Robert J. WhiteChief Financial Officer & Chief Operating Officer
- Stephen C. EllwoodGeneral Counsel and Chief Compliance Officer
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Insurance companies | 26 | $3.3B | 37% |
| State or municipal government entities | 28 | $2.8B | 32% |
| Investment companies | 2 | $950M | 11% |
| Pooled investment vehicles | 8 | $827M | 9% |
| Charitable organizations | 5 | $196M | 2% |
| Sovereign wealth funds and foreign official institutions | – | $171M | 2% |
| Pension and profit sharing plans | – | $160M | 2% |
| High-net-worth individuals | 50 | $145M | 2% |
| Corporations or other businesses | – | $144M | 2% |
| Individuals | 302 | $120M | 1% |
Private funds
Advent Capital Management, LLC reports 1 private funds with $376M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Advent Capital Management, LLC answers yes to 3 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗adventcap.com ↗
AtlasMembers
The full record on Advent Capital Management, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 571 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Advent Capital Management, LLC manage?
Advent Capital Management, LLC reports $8.8 billion in regulatory assets under management across 430 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Advent Capital Management, LLC?
Advent Capital Management, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Advent Capital Management, LLC’s clients?
By assets, its largest client types are insurance companies ($3.3 billion, 26 clients); state or municipal government entities ($2.8 billion, 28 clients); investment companies ($950 million, 2 clients).
Does Advent Capital Management, LLC manage private funds?
Yes. It reports 1 private funds with $376 million in gross assets, including hedge funds.
Does Advent Capital Management, LLC have any disciplinary history?
Advent Capital Management, LLC answers yes to 3 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Advent Capital Management, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →