Asset manager · New York, NY
M.D. Sass, LLC
SEC-registered investment adviser · CRD 110590 · SEC 801-8663
At a glance
M.D. Sass, LLC is an SEC-registered investment adviser based in New York, New York, with $2.1 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is pension and profit sharing plans, and it reports 44 individual clients. By Form ADV it is a asset manager, ranked 1,041st of 3,218 asset managers and 3,555th of 17,210 SEC-registered advisers by assets.
Main office 212-730-2000mdsass.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.1B
- Rank among asset managers
- #1,041 of 3,218
- Rank among all SEC RIAs
- #3,555 of 17,210
- Rank in New York
- #848 of 2,591
- Individual clients
- 44
- High-net-worth clients
- 44
- Accounts
- 83
- Discretionary
- 100% of AUM
- Employees
- 19
- Advisory staff
- 10
- Offices
- 1
Owners and executives on its Form ADV
- Martin D. SassChairman, Chief Executive Officer, Chief Investment Officer, Director, Managing Member
- Bobby N. LiuChief Legal and Risk Officer, Chief Compliance Officer
- Ari SassPresident, Senior Portfolio Manager (equities)
- Sam H. FriedmanChief Operating Officer
- Jeffrey L. EdelmanChief Financial Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
M.D. Sass, LLC is a hybrid RIA: 4 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: M.D. Sass Securities, L.L.C..
- M.D. Sass Securities, L.L.C. ↗CRD 139760
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, April 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 20 | $1.0B | 51% |
| High-net-worth individuals | 44 | $370M | 18% |
| Pooled investment vehicles | 3 | $243M | 12% |
| Corporations or other businesses | 7 | $179M | 9% |
| Charitable organizations | 4 | $80M | 4% |
| Other investment advisers | 1 | $75M | 4% |
| Investment companies | 2 | $55M | 3% |
| Other | 2 | $17M | <1% |
Private funds
M.D. Sass, LLC reports 2 private funds with $151M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
M.D. Sass, LLC reports no disciplinary disclosures in Item 11 of Form ADV. 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 ↗mdsass.com ↗
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The full record on M.D. Sass, 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 926 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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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 M.D. Sass, LLC manage?
M.D. Sass, LLC reports $2.1 billion in regulatory assets under management across 83 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is M.D. Sass, LLC?
M.D. Sass, 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 M.D. Sass, LLC’s clients?
By assets, its largest client types are pension and profit sharing plans ($1.0 billion, 20 clients); high-net-worth individuals ($370 million, 44 clients); pooled investment vehicles ($243 million, 3 clients).
Does M.D. Sass, LLC manage private funds?
Yes. It reports 2 private funds with $151 million in gross assets, including hedge funds.
Does M.D. Sass, LLC have any disciplinary history?
M.D. Sass, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is M.D. Sass, 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 (2026-03-31), 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 →