Asset manager · Chicago, IL

Security Capital Research & Management Incorporated

Q: How much does Security Capital Research & Management Incorporated manage?

Security Capital Research & Management Incorporated reports $3.3 billion in regulatory assets under management across 92 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.

Q: What kind of firm is Security Capital Research & Management Incorporated?

Security Capital Research & Management Incorporated is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. It reports a bank or thrift among its related persons. A public reporting company controls it.

Q: Who are Security Capital Research & Management Incorporated’s clients?

By assets, its largest client types are pooled investment vehicles ($1.2 billion, 4 clients); corporations or other businesses ($785 million, 6 clients); investment companies ($547 million, 2 clients).

Q: Does Security Capital Research & Management Incorporated manage private funds?

Yes. It reports 3 private funds with $913 million in gross assets, including other private funds.

Q: Does Security Capital Research & Management Incorporated have any disciplinary history?

Security Capital Research & Management Incorporated answers yes to 12 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.

SEC-registered investment adviser · CRD 106201 · SEC 801-53815

At a glance

Security Capital Research & Management Incorporated is an SEC-registered investment adviser based in Chicago, Illinois, with $3.3 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 37 individual clients. By Form ADV it is a asset manager, ranked 842nd of 3,218 asset managers and 2,668th of 17,210 SEC-registered advisers by assets.

Main office 312-385-8320securitycapital.comAs filed on Form ADV

Regulatory AUM: $3.3B
Rank among asset managers: #842 of 3,218
Rank among all SEC RIAs: #2,668 of 17,210
Rank in Illinois: #139 of 684
Individual clients: 37
High-net-worth clients: 37
Accounts: 92
Discretionary: 100% of AUM
Employees: 17
Advisory staff: 17
Offices: 1

Owners and executives on its Form ADV

Anthony R. MannoCEO, President, Director & Managing Director
Steven M. GreenspanDirector
Michael J. HellerDirector, Managing Director & Chief Financial Officer
Ronan P. O'ComhraiChief Legal Officer
Craig P. LivingstonChief Compliance Officer / Vice President
Danilo A. SanjoseDirector, Managing Director

Custody and brokerage

3 custodians

State Street$591M43%
Northern Trust$418M30%
BNY$365M27%

Other RIAs using State Street Other multi-custodian RIAs

Broker-dealer

Hybrid RIA

Security Capital Research & Management Incorporated is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: J.P. Morgan Institutional Investments Inc..

J.P. Morgan Institutional Investments Inc. ↗CRD 102920
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026

Other hybrid RIAs

Who it serves

Client type	Clients	Regulatory AUM	Share
Pooled investment vehicles	4	$1.2B	35%
Corporations or other businesses	6	$785M	24%
Investment companies	2	$547M	17%
State or municipal government entities	3	$493M	15%
Charitable organizations	3	$134M	4%
High-net-worth individuals	37	$129M	4%
Other	5	$29M	<1%
Pension and profit sharing plans	1	$24M	<1%

Private funds

Security Capital Research & Management Incorporated reports 3 private funds with $913M in gross assets: other private funds (Form ADV Item 7.B).

Disciplinary disclosures

Security Capital Research & Management Incorporated answers yes to 12 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 businesses and institutions
Pension consulting

How it’s paid

A percentage of assets under management
Performance-based fees

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

AtlasMembers

The full record on Security Capital Research & Management Incorporated

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: Locked
Growth over one, three and five years: Locked
Rank against 791 peers of its type and size: Locked
Owners and executives, with titles and stakes: 6 namedLocked
Main office, fax and compliance officer: Locked
Filing changes this year, with alerts: 1Locked

Open Atlas free Member sign in

Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Security Capital Research & Management Incorporated manage?

Security Capital Research & Management Incorporated reports $3.3 billion in regulatory assets under management across 92 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.

What kind of firm is Security Capital Research & Management Incorporated?

Security Capital Research & Management Incorporated is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. It reports a bank or thrift among its related persons. A public reporting company controls it.

Who are Security Capital Research & Management Incorporated’s clients?

By assets, its largest client types are pooled investment vehicles ($1.2 billion, 4 clients); corporations or other businesses ($785 million, 6 clients); investment companies ($547 million, 2 clients).

Does Security Capital Research & Management Incorporated manage private funds?

Yes. It reports 3 private funds with $913 million in gross assets, including other private funds.

Does Security Capital Research & Management Incorporated have any disciplinary history?

Security Capital Research & Management Incorporated answers yes to 12 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 Security Capital Research & Management Incorporated’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 →