Asset manager · McLean, VA
Vest Financial LLC
SEC-registered investment adviser · CRD 165976 · SEC 801-77463
At a glance
Vest Financial LLC is an SEC-registered investment adviser based in McLean, Virginia, with $51.8 billion in regulatory assets under management as of its Form ADV filed June 12, 2026. Its largest client group by assets is investment companies. By Form ADV it is a asset manager, ranked 201st of 3,218 asset managers and 418th of 17,210 SEC-registered advisers by assets.
Main office 855-979-6060vestfin.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $52B
- Rank among asset managers
- #201 of 3,218
- Rank among all SEC RIAs
- #418 of 17,210
- Rank in Virginia
- #1 of 300
- Clients
- 180
- Accounts
- 154
- Discretionary
- 100% of AUM
- Employees
- 52
- Advisory staff
- 12
- Offices
- 1
Owners and executives on its Form ADV
- Karan SoodChief Executive Officer
- Jeffery Y. ChangPresident
- Thomas N. JencksChief Financial Officer
- Jeremy M. SperlazzaChief Operating Officer
- Sonia E. BuiChief Legal Officer
- Stacy R. BriceChief Compliance Officer
Custody and brokerage
Custodian
Vest Financial LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Vest Financial LLC is a hybrid RIA: 27 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: First Trust Japan GK, First Trust Portfolios Asia PTE. LTD., First Trust Portfolios L.P. and Vest Securities, LLC.
- First Trust Japan GK
- First Trust Portfolios Asia PTE. LTD.
- First Trust Portfolios L.P. ↗CRD 28519
- Vest Securities, LLC ↗CRD 317379
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, March 2026
Its Form ADV brochure (filed March 2026) names Vest Securities as the broker-dealer its advisers are registered with.
Certain of Vest’s employees are registered representatives of Vest Securities.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 154 | $51B | 99% |
| Pooled investment vehicles | 26 | $450M | <1% |
Disciplinary disclosures
Vest Financial LLC answers yes to 4 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 pooled investment vehicles
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗vestfin.com ↗
AtlasMembers
The full record on Vest Financial 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
- Locked
- Growth over one, three and five years
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- Rank against 304 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
- Locked
- Filing changes this year, with alerts
- 5Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Vest Financial LLC manage?
Vest Financial LLC reports $51.8 billion in regulatory assets under management across 154 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 12, 2026.
What kind of firm is Vest Financial LLC?
Vest Financial 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 Vest Financial LLC’s clients?
By assets, its largest client types are investment companies ($51.4 billion, 154 clients); pooled investment vehicles ($450 million, 26 clients).
Does Vest Financial LLC have any disciplinary history?
Vest Financial LLC answers yes to 4 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 Vest Financial 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 (2026-06-12), 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 →