{ "crd_number": 110213, "slug": "angeles-investment-advisors-santa-monica-ca-110213", "primary_business_name": "ANGELES INVESTMENT ADVISORS", "legal_name": "ANGELES INVESTMENT ADVISORS, LLC.", "dbas": [], "city": "Santa Monica", "state": "CA", "country": "United States", "cbsa_code": "31080", "metro": { "cbsa_code": "31080", "common_name": "Los Angeles", "msa_name": "Los Angeles-Long Beach-Anaheim, CA", "path": "/advisors/ca/los-angeles" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2001-02-20", "years_registered": 25, "period": "2026-10-01", "filing_date": "2026-07-30", "carried_forward": false, "raum_total": 7272416549.0, "raum_discretionary": 5996612974.0, "raum_non_discretionary": 1275803575.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 28, "advisory_employees": 17, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 2410595317.0, "count": 32 }, "pension_profit_sharing": { "raum": 388503394.0, "count": 6 }, "high_net_worth_individuals": { "raum": 157220504.0, "count": 5 }, "pooled_investment_vehicles": { "raum": 4253351584.0, "count": 17 }, "corporations_other_businesses": { "raum": 62745750.0, "count": 1, "fewer_than_5": true } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "pension_consulting", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "DE", "TX" ], "websites": [ "https://angelesinvestments.com", "https://linkedin.com/company/angeles-investments" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110213", "city_as_filed": "SANTA MONICA", "url": "https://advisorcensus.com/firm/angeles-investment-advisors-santa-monica-ca-110213", "display_name": "Angeles Investment Advisors", "summary": "Angeles Investment Advisors is an SEC-registered investment advisory firm in Santa Monica, CA, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.", "citation": "AdvisorCensus. Angeles Investment Advisors (CRD 110213): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Pension consulting services", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Angeles Investment Advisors compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Angeles Investment Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees." }, { "q": "What does Angeles Investment Advisors' brochure say about its fees?", "a": "Its Form ADV Part 2A brochure dated July 30, 2026 states: Asset-based fee: 0.1% to 0.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Angeles Investment Advisors located?", "a": "Angeles Investment Advisors' principal office is in Santa Monica, CA, according to its Form ADV." }, { "q": "Is Angeles Investment Advisors registered with the SEC or a state?", "a": "Angeles Investment Advisors is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 110213." }, { "q": "How much does Angeles Investment Advisors manage?", "a": "Angeles Investment Advisors reports $7,272,416,549 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (82% discretionary)." }, { "q": "How have Angeles Investment Advisors' assets and staff changed since 2021?", "a": "In the Form ADV data for Angeles Investment Advisors: Regulatory assets under management: $6,599,133,325 in the October 2021 data and $7,272,416,549 in the October 2026 data, up 10%. Total employees: 29 in October 2021 and 28 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Angeles Investment Advisors serve?", "a": "By number of clients on Form ADV Item 5.D: charitable organizations (32); pooled investment vehicles (other than investment companies and business development companies) (17); pension and profit sharing plans (but not the plan participants or government pension plans) (6)." }, { "q": "Which custodians does Angeles Investment Advisors use?", "a": "Angeles Investment Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon Capital Markets, LLC and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Angeles Investment Advisors report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110213" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6599133325.0, "total_employees": 29, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 8702320852.0, "total_employees": 28, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 6205814983.0, "total_employees": 33, "filing_date": "2023-07-10" }, { "period": "2024-10-01", "regulatory_assets_under_management": 6415145168.0, "total_employees": 33, "filing_date": "2024-07-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 7070089641.0, "total_employees": 29, "filing_date": "2025-04-23" }, { "period": "2026-10-01", "regulatory_assets_under_management": 7272416549.0, "total_employees": 28, "filing_date": "2026-07-30" } ], "recent_changes": [], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated July 30, 2026", "tiers": [], "flat_rate": null, "stated_range": "0.1% to 0.5% a year", "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": "$125,000", "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 0.1% to 0.5% a year (a range, as the brochure states it)" ], "quotes": [ "All fees for Angeles' discretionary services are negotiable. The typical fee schedule will range from .10% to .50%." ] }, { "label": "Minimum annual fee", "statements": [ "Minimum annual fee: $125,000" ], "quotes": [ "There is generally a minimum fee of $125,000." ] } ], "quotes": [ "All fees for Angeles' discretionary services are negotiable. The typical fee schedule will range from .10% to .50%.", "There is generally a minimum fee of $125,000." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "BNY Mellon Capital Markets, LLC", "name_as_filed": "BNY MELLON CAPITAL MARKETS, LLC", "affiliated": false }, { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/angeles-investment-advisors-santa-monica-ca-110213.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 5, "fewer_than_5": false, "raum": 157220504.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 17, "fewer_than_5": false, "raum": 4253351584.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 6, "fewer_than_5": false, "raum": 388503394.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 32, "fewer_than_5": false, "raum": 2410595317.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 1, "fewer_than_5": true, "raum": 62745750.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110213", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }