Text or WhatsApp(808) 600-9260

Home / Data / Client types served by SEC-registered firms

Client types served by SEC-registered firms

How many matched firms report each client type on Form ADV.

Firms reporting each client type (Form ADV Item 5.D)
High net worth individuals263Individuals178Pooled vehicles121Charities107Other97Pension plans62Investment companies18State/municipal17Insurance companies17Other advisers8Banks/thrifts5BDCs1

Source: SEC Form ADV data, September 2026. Counts describe our directory of 1,760 firms as of October 21, 2026. They are not a ranking and do not cover every firm in the world.

All data pages

Ask Richard

Have a question about multifamily offices, fees or how to compare firms? Richard C. Wilson has run Family Office Club since 2007 and answers reader questions directly.

Send a question Text or WhatsApp (808) 600-9260