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RIA comparison · SEC Form ADV

Tocqueville Asset Management LP vs Callan Family Office, LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Tocqueville Asset Management LP and Callan Family Office, LLC are almost exactly the same size, with $10B and $10B in regulatory assets (Tocqueville Asset Management LP slightly ahead), by their latest Form ADV filings. Tocqueville Asset Management LP reports more individual clients (1,159 vs 170), while Callan Family Office, LLC’s clients hold more on average (about $42 million each against $4.9 million). Tocqueville Asset Management LP is based in New York, New York and Callan Family Office, LLC in Radnor, Pennsylvania.

FigureTocqueville Asset Management LPCallan Family Office, LLC
Regulatory AUM$10B$10B
National rank#95#96
HeadquartersNew York, New YorkRadnor, Pennsylvania
Individual clients1,159170
High-net-worth clients741170
Average client assets$4.9 million$42 million
Accounts2,3142,697
Discretionary91% of AUM90% of AUM
Employees7349
Advisory staff3515
Clients per advisory employee3311
Offices215
Form ADV filed2026-03-312026-03-30

Tocqueville Asset Management LP

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Selecting other advisers

How it’s paid

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

Callan Family Office, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Selecting other advisers
  • Other services

How it’s paid

  • A percentage of assets under management
  • Fixed fees

Questions

Which is bigger, Tocqueville Asset Management LP or Callan Family Office, LLC?

Tocqueville Asset Management LP, with $10B in regulatory assets under management against $10B at Callan Family Office, LLC. Nationally they rank #95 and #96 among 5,657 independent wealth management RIAs.

How many clients do Tocqueville Asset Management LP and Callan Family Office, LLC have?

Tocqueville Asset Management LP reports 1,159 individual clients (741 high-net-worth) with 35 advisory employees; Callan Family Office, LLC reports 170 (170 high-net-worth) with 15 advisory employees.

How do Tocqueville Asset Management LP and Callan Family Office, LLC charge clients?

Only Tocqueville Asset Management LP lists performance-based fees on Form ADV. Only Callan Family Office, LLC lists fixed fees. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Tocqueville Asset Management LP and Callan Family Office, LLC offer?

Tocqueville Asset Management LP lists portfolio management for investment companies; portfolio management for pooled investment vehicles, which Callan Family Office, LLC does not. Callan Family Office, LLC lists other services, which Tocqueville Asset Management LP does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; selecting other advisers.

More comparisons

Where these numbers come from

Every figure is the firm’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). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Tocqueville Asset Management LP ↗, Callan Family Office, LLC ↗. How to check a financial advisor →