Asset manager · Louisville, KY
River Road Asset Management, LLC
SEC-registered investment adviser · CRD 134918 · SEC 801-64175
At a glance
River Road Asset Management, LLC is an SEC-registered investment adviser based in Louisville, Kentucky, with $9.9 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is investment companies, and it reports 21 individual clients. By Form ADV it is a asset manager, ranked 525th of 3,218 asset managers and 1,383rd of 17,210 SEC-registered advisers by assets.
Main office 502-371-4100riverroadam.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $9.9B
- Rank among asset managers
- #525 of 3,218
- Rank among all SEC RIAs
- #1,383 of 17,210
- Rank in Kentucky
- #1 of 85
- Individual clients
- 21
- High-net-worth clients
- 21
- Accounts
- 93
- Discretionary
- 100% of AUM
- Employees
- 46
- Advisory staff
- 22
- Offices
- 1
Owners and executives on its Form ADV
- Richard A. BeckCEO, Senior Portfolio Manager
- Thomas D. MuellerChief Operating Officer
- Elizabeth A. BrennerChief Organizational Development Officer
- Robert WainwrightChief Business Development Officer
- John A. BrownChief Investment Officer
- Meagan SnyderChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
River Road Asset Management, LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: AMG Distributors, Inc..
- AMG Distributors, Inc. ↗CRD 27314
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, February 2026
Its Form ADV brochure (filed March 2026) names AMG Distributors as the broker-dealer its advisers are registered with.
In addition, one River Road employee is a registered representative of AMG Distributors, Inc., a limited purpose broker-dealer that is a wholly owned subsidiary of AMG Funds RIVER ROAD FORM ADV PART 2A - FIRM BROCHURE I PAGE 13 LLC and that
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 13 | $4.5B | 45% |
| Pooled investment vehicles | 11 | $1.8B | 18% |
| Pension and profit sharing plans | 22 | $1.6B | 16% |
| State or municipal government entities | 7 | $1.5B | 15% |
| Charitable organizations | 16 | $262M | 3% |
| Corporations or other businesses | – | $128M | 1% |
| High-net-worth individuals | 21 | $87M | <1% |
| Other | 22 | $0M | 0% |
Disciplinary disclosures
River Road Asset Management, 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
- Other services
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗riverroadam.com ↗
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The full record on River Road Asset 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 545 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 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 River Road Asset Management, LLC manage?
River Road Asset Management, LLC reports $9.9 billion in regulatory assets under management across 93 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is River Road Asset Management, LLC?
River Road Asset 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 River Road Asset Management, LLC’s clients?
By assets, its largest client types are investment companies ($4.5 billion, 13 clients); pooled investment vehicles ($1.8 billion, 11 clients); pension and profit sharing plans ($1.6 billion, 22 clients).
Does River Road Asset Management, LLC have any disciplinary history?
River Road Asset Management, 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 River Road Asset 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 (2026-03-31), 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 →