Wealth manager, independent · Mumbai, Maharashtra, India
Marcellus Investment Managers Private Limited
SEC-registered investment adviser · CRD 317251 · SEC 801-122939
At a glance
Marcellus Investment Managers Private Limited is an SEC-registered investment adviser based in Mumbai, Maharashtra, India, with $315 million in regulatory assets under management as of its Form ADV filed June 17, 2026. Its largest client group by assets is individuals, and it reports 2,412 individual clients. By Form ADV it is a wealth manager, ranked 4,235th of 8,915 wealth managers and 9,926th of 17,210 SEC-registered advisers by assets.
Main office +08069199400marcellus-us.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $315M
- Rank among wealth managers
- #4,235 of 8,915
- Rank among all SEC RIAs
- #9,926 of 17,210
- Individual clients
- 2,412
- High-net-worth clients
- 18
- Accounts
- 2,415
- Discretionary
- 98% of AUM
- Employees
- 69
- Advisory staff
- 23
- Offices
- 2
Owners and executives on its Form ADV
- Saurabh P. MukherjeaChief Investment Officer and Director
- Rakshit K. RanjanDirector
- Manish L. HemnaniCo-Founder and Part Owner
- Nitesh L. BhadaniCo-Founder and Part Owner
- Sujal S. PatwardhanDirector
- Subodh D. HungundDirector
- samiksha v. BahetiChief Compliance Officer
Custody and brokerage
2 custodians
- Kotak Mahindra Bank Limited$378M85%
- Hdfc Bank Limited$64M15%
Other RIAs using Kotak Mahindra Bank LimitedOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 2,394 | $209M | 66% |
| High-net-worth individuals | 18 | $66M | 21% |
| Pooled investment vehicles | 3 | $40M | 13% |
Disciplinary disclosures
Marcellus Investment Managers Private Limited answers yes to 1 disclosure item 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 pooled investment vehicles
- Portfolio management for businesses and institutions
- Periodicals or newsletters
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗marcellus-us.com ↗
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The full record on Marcellus Investment Managers Private Limited
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, 3 years of filings
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- Growth over one, three and five years
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- Rank against 6,546 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Marcellus Investment Managers Private Limited manage?
Marcellus Investment Managers Private Limited reports $315 million in regulatory assets under management across 2,415 accounts, 98% of it on a discretionary basis, on its Form ADV filed June 17, 2026.
What kind of firm is Marcellus Investment Managers Private Limited?
Marcellus Investment Managers Private Limited is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Marcellus Investment Managers Private Limited’s clients?
By assets, its largest client types are individuals ($209 million, 2,394 clients); high-net-worth individuals ($66 million, 18 clients); pooled investment vehicles ($40 million, 3 clients).
Does Marcellus Investment Managers Private Limited have any disciplinary history?
Marcellus Investment Managers Private Limited answers yes to 1 disclosure item 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 Marcellus Investment Managers Private Limited’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 (2026-06-17), 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 →