{
  "crd_number": 130074,
  "slug": "ares-management-llc-los-angeles-ca-130074",
  "primary_business_name": "ARES MANAGEMENT LLC",
  "legal_name": "ARES MANAGEMENT LLC",
  "dbas": [],
  "city": "Los Angeles",
  "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": "2005-01-31",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-08-26",
  "carried_forward": false,
  "raum_total": 458821489418.0,
  "raum_discretionary": 433966995326.0,
  "raum_non_discretionary": 24854494092.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 3990,
  "advisory_employees": 1550,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 2941983189.0,
      "count": 7,
      "description": "SEPARATELY MANAGED ACCOUNTS, NON-PROFIT ORGANIZATIONS"
    },
    "insurance_companies": {
      "raum": 40325960452.0,
      "count": 27
    },
    "pension_profit_sharing": {
      "raum": 4925207418.0,
      "count": 13
    },
    "other_investment_advisers": {
      "raum": 235569066.0,
      "count": null,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 403549241688.0,
      "count": 655
    },
    "corporations_other_businesses": {
      "raum": 1112238528.0,
      "count": null,
      "fewer_than_5": true
    },
    "sovereign_wealth_foreign_official": {
      "raum": 5731289077.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "IA",
    "IL",
    "IN",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "NC",
    "NE",
    "NJ",
    "NY",
    "OH",
    "OK",
    "PA",
    "SC",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://arescapitalcorp.com",
    "https://arescommercialfinance.com",
    "https://arescre.com",
    "https://aresfoundation.org",
    "https://aresfoundationreport.aresmgmt.com",
    "https://aresmgmt.com",
    "https://arespublicfunds.com",
    "https://areswms.com",
    "https://bootstraplabs.com",
    "https://instagram.com/ares_mgmt",
    "https://instagram.com/marqlogistics",
    "https://linkedin.com/company/ares-management",
    "https://linkedin.com/company/ares-wealth-management-solutions",
    "https://linkedin.com/company/landmark-partners",
    "https://linkedin.com/company/marq-log",
    "https://linkedin.com/in/michael-arougheti",
    "https://marq.jp",
    "https://marqlogistics.com",
    "https://twitter.com/@Ares_Management",
    "https://x.com/marqlogistics",
    "https://youtube.com/@ares_management",
    "https://youtube.com/@marqlogistics"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/130074",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/ares-management-llc-los-angeles-ca-130074",
  "display_name": "Ares Management LLC",
  "summary": "Ares Management LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.",
  "citation": "AdvisorCensus. Ares Management LLC (CRD 130074): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Ares Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ares Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Ares Management LLC located?",
      "a": "Ares Management LLC's principal office is in Los Angeles, CA, according to its Form ADV; the September 2026 filing also lists 23 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Ares Management LLC registered with the SEC or a state?",
      "a": "Ares Management LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 130074."
    },
    {
      "q": "How much does Ares Management LLC manage?",
      "a": "Ares Management LLC reports $458,821,489,418 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (95% discretionary)."
    },
    {
      "q": "How have Ares Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ares Management LLC: Regulatory assets under management: $139,184,107,056 in the October 2021 data and $458,821,489,418 in the October 2026 data, up 230%. Total employees: 1,418 in October 2021 and 3,990 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ares Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (655); insurance companies (27); pension and profit sharing plans (but not the plan participants or government pension plans) (13)."
    },
    {
      "q": "Which custodians does Ares Management LLC use?",
      "a": "Ares Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon, Citibank, NA and Northern Trust as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Ares Management LLC report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/130074"
    },
    {
      "q": "What changed in Ares Management LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 1092 to 1550. Regulatory assets under management went from $359,147,435,843 to $458,821,489,418 (+28%). Changed its office addresses in Mumbai. Changed its office addresses in Shanghai. Changed its office addresses in Singapore. Added an office in East Rutherford, NJ. Added an office in Hanoi. Added an office in Ho Chi Minh City. Added an office in London. Added an office in Redondo Beach, CA. Added an office in Sao Paulo. Added an office in Tokyo. Added an office in Warsaw. No longer lists an office in Arlington, VA. No longer lists an office in Luxembourg. No longer lists an office in New York, NY. No longer lists an office in Oakbrook, IL. No longer lists an office in Rutherford, NJ. No longer lists an office in Stockholm. No longer lists an office in West Hartford, CT. Registered or notice-filed in MD."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 139184107056.0,
      "total_employees": 1418,
      "filing_date": "2021-08-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 203424579297.0,
      "total_employees": 1769,
      "filing_date": "2022-08-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 253185903529.0,
      "total_employees": 2378,
      "filing_date": "2023-08-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 314926162888.0,
      "total_employees": 2919,
      "filing_date": "2024-08-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 359147435843.0,
      "total_employees": 2996,
      "filing_date": "2025-05-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 458821489418.0,
      "total_employees": 3990,
      "filing_date": "2026-08-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 1092 to 1550.",
        "Regulatory assets under management went from $359,147,435,843 to $458,821,489,418 (+28%).",
        "Changed its office addresses in Mumbai.",
        "Changed its office addresses in Shanghai.",
        "Changed its office addresses in Singapore.",
        "Added an office in East Rutherford, NJ.",
        "Added an office in Hanoi.",
        "Added an office in Ho Chi Minh City.",
        "Added an office in London.",
        "Added an office in Redondo Beach, CA.",
        "Added an office in Sao Paulo.",
        "Added an office in Tokyo.",
        "Added an office in Warsaw.",
        "No longer lists an office in Arlington, VA.",
        "No longer lists an office in Luxembourg.",
        "No longer lists an office in New York, NY.",
        "No longer lists an office in Oakbrook, IL.",
        "No longer lists an office in Rutherford, NJ.",
        "No longer lists an office in Stockholm.",
        "No longer lists an office in West Hartford, CT.",
        "Registered or notice-filed in MD."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Bank of New York Mellon",
      "name_as_filed": "BANK OF NEW YORK MELLON",
      "affiliated": false
    },
    {
      "name": "Citibank, NA",
      "name_as_filed": "CITIBANK, NA",
      "affiliated": false
    },
    {
      "name": "Northern Trust",
      "name_as_filed": "NORTHERN TRUST",
      "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/ares-management-llc-los-angeles-ca-130074.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 655,
      "fewer_than_5": false,
      "raum": 403549241688.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 13,
      "fewer_than_5": false,
      "raum": 4925207418.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 235569066.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 27,
      "fewer_than_5": false,
      "raum": 40325960452.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 5731289077.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 1112238528.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 7,
      "fewer_than_5": false,
      "raum": 2941983189.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "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/130074",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}