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Asset manager · Philadelphia, PA

Brandywine Global Investment Management, LLC

SEC-registered investment adviser · CRD 110783 · SEC 801-27797

At a glance

Brandywine Global Investment Management, LLC is an SEC-registered investment adviser based in Philadelphia, Pennsylvania, with $65.4 billion in regulatory assets under management as of its Form ADV filed September 29, 2026. Its largest client group by assets is investment companies, and it reports 755 individual clients. By Form ADV it is a asset manager, ranked 181st of 3,218 asset managers and 367th of 17,210 SEC-registered advisers by assets.

Main office 215-609-3500brandywineglobal.comLinkedInAs filed on Form ADV

Regulatory AUM
$65B
Rank among asset managers
#181 of 3,218
Rank among all SEC RIAs
#367 of 17,210
Rank in Pennsylvania
#16 of 564
Individual clients
755
High-net-worth clients
3
Accounts
977
Discretionary
93% of AUM
Employees
157
Advisory staff
56
Offices
2

Owners and executives on its Form ADV

Custody and brokerage

3 custodians

  1. State Street$9.1B37%
  2. BNY$8.6B35%
  3. Northern Trust$6.6B27%

Other RIAs using State StreetOther multi-custodian RIAs

Broker-dealer

Hybrid RIA

Brandywine Global Investment Management, LLC is a hybrid RIA: 29 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Clarion Partners Emea Limited, Clarion Partners Europe (u.k.) Limited, Clarion Partners Securities, LLC, Clarion Partners, LLC, FTC Investor Services Inc., Franklin Distributors, LLC, Franklin Templeton International Services S.a R.L., Franklin Templeton Investments (asia) Limited, Franklin Templeton Investments Corp., Goldberry Wealth Gmbh, Royce Fund Services, LLC and Templeton Asset Management LTD..

Its Form ADV brochure (filed September 2026) names Franklin Distributors as the broker-dealer its advisers are registered with.

Certain of Brandywine Global’s personnel are registered representatives of Franklin Distributors, LLC, if necessary or appropriate to perform their responsibilities.

Other hybrid RIAs

Who it serves

Client typeClientsRegulatory AUMShare
Investment companies25$18B27%
Sovereign wealth funds and foreign official institutions12$16B24%
Pooled investment vehicles69$12B18%
Pension and profit sharing plans26$6.1B9%
State or municipal government entities42$4.3B7%
Other investment advisers25$4.2B6%
Charitable organizations12$2.5B4%
Corporations or other businesses6$2.2B3%
Insurance companies5$760M1%
Individuals752$223M<1%
High-net-worth individuals3$79M<1%

Private funds

Brandywine Global Investment Management, LLC reports 15 private funds with $3.8B in gross assets: hedge funds, other private funds (Form ADV Item 7.B).

Disciplinary disclosures

Brandywine Global Investment 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
  • Other services

How it’s paid

  • A percentage of assets under management
  • Performance-based fees
  • Other

Form ADV and brochures on the SEC’s adviser search ↗brandywineglobal.com ↗

AtlasMembers

The full record on Brandywine Global Investment 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 280 peers of its type and size
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Owners and executives, with titles and stakes
9 namedLocked
Main office, fax and compliance officer
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Filing changes this year, with alerts
7Locked
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Brandywine Global Investment Management, LLC manage?

Brandywine Global Investment Management, LLC reports $65.4 billion in regulatory assets under management across 977 accounts, 93% of it on a discretionary basis, on its Form ADV filed September 29, 2026.

What kind of firm is Brandywine Global Investment Management, LLC?

Brandywine Global Investment 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. A public reporting company controls it.

Who are Brandywine Global Investment Management, LLC’s clients?

By assets, its largest client types are investment companies ($17.6 billion, 25 clients); sovereign wealth funds and foreign official institutions ($15.7 billion, 12 clients); pooled investment vehicles ($11.9 billion, 69 clients).

Does Brandywine Global Investment Management, LLC manage private funds?

Yes. It reports 15 private funds with $3.8 billion in gross assets, including hedge funds, other private funds.

Does Brandywine Global Investment Management, LLC have any disciplinary history?

Brandywine Global Investment 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 Brandywine Global Investment 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 (2026-09-29), 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 →