# Barings LLC

> Barings LLC is an SEC-registered investment advisory firm in Charlotte, NC, registered since 1940, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 11, 2026.

- CRD: 106006
- Filed as: BARINGS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charlotte, NC
- Filing period: October 2026
- Form ADV filing dated: August 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106006
- AdvisorCensus page: https://advisorcensus.com/firm/barings-llc-charlotte-nc-106006

## Quick answers

**How is Barings LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Barings LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Barings LLC located?**
Barings LLC's principal office is in Charlotte, NC, according to its Form ADV; the September 2026 filing also lists 9 other offices (Schedule D, Section 1.F).

**Is Barings LLC registered with the SEC or a state?**
Barings LLC is an SEC-registered investment advisory firm, registered since 1940. Status as filed: Approved. CRD 106006.

**How much does Barings LLC manage?**
Barings LLC reports $392,753,494,474 in regulatory assets under management in its Form ADV filing dated August 11, 2026 (97% discretionary).

**How have Barings LLC's assets and staff changed since 2021?**
In the Form ADV data for Barings LLC: Regulatory assets under management: $277,491,855,759 in the October 2021 data and $392,753,494,474 in the October 2026 data, up 42%. Total employees: 997 in October 2021 and 1,101 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Barings LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (210); insurance companies (108); pension and profit sharing plans (but not the plan participants or government pension plans) (43).

**Which custodians does Barings LLC use?**
Barings LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon and Citigroup Global Markets Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Barings LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). 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/106006

**What changed in Barings LLC's recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Bank of New York Mellon
- Citigroup Global Markets Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $392,753,494,474
- Discretionary: $380,661,609,827
- Non-discretionary: $12,091,884,647

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | 7 | $2,344,480,630 |
| Investment companies | 36 | $7,770,477,470 |
| Business development companies | 4 | $8,219,799,899 |
| Pooled investment vehicles (other than investment companies and business development companies) | 210 | $73,088,297,733 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 43 | $13,015,869,818 |
| Insurance companies | 108 | $286,373,671,821 |
| Corporations or other businesses not listed above | 9 | $1,940,897,103 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 1940 (85 years)
- Employees: 1,101 total, 465 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106006

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Atlanta, GA
- Boston, MA
- Chevy Chase, MD
- Chicago, IL
- El Segundo, CA
- Foxborough, MA
- Los Angeles, CA
- New York, NY
- Springfield, MA

### Websites listed on Form ADV (Item 1.I)
- barings.com
- open.spotify.com/show/7wv1GJCQHcggXDdMHbhRlY
- podcast.barings.com/public/75/Streaming-Income---A-Podcast-from-Barings-6f727a82
- podcasts.apple.com/us/podcast/streaming-income-a-podcast-from-barings/id1449496233
- LinkedIn @BARINGS
- LinkedIn @BARINGS-GLOBAL-PRIVATE-FINANCE
- LinkedIn @BARINGS-REAL-ESTATE
- X @BARINGS
- YouTube @barings

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $277,491,855,759 | 997 | March 30, 2021 |
| October 2022 | $307,360,918,170 | 1,019 | September 13, 2022 |
| October 2023 | $273,040,118,322 | 1,029 | October 3, 2023 |
| October 2024 | $307,726,562,224 | 985 | May 1, 2024 |
| October 2025 | $345,208,823,660 | 1,056 | May 22, 2025 |
| October 2026 | $392,753,494,474 | 1,101 | August 11, 2026 |

Regulatory assets under management: $277,491,855,759 in the October 2021 data and $392,753,494,474 in the October 2026 data, up 42%.
Total employees: 997 in October 2021 and 1,101 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Updated its list of owners and control persons (Schedule A).

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 419 to 465.
- Regulatory assets under management went from $345,208,823,660 to $392,753,494,474 (+14%).
- Added an office in Atlanta, GA.
- Added an office in Chevy Chase, MD.
- Added an office in Los Angeles, CA.
- Added an office in New York, NY.
- Added an office in Springfield, MA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Barings LLC (CRD 106006): Form ADV filing data as of October 2026.