# Baron Capital Management, Inc.

> Baron Capital Management, Inc. is an SEC-registered investment advisory firm in New York, NY, registered since 1983, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 29, 2026.

- CRD: 110791
- Filed as: BARON CAPITAL MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110791
- AdvisorCensus page: https://advisorcensus.com/firm/baron-capital-management-inc-new-york-ny-110791

## Quick answers

**How is Baron Capital Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Baron Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management.

**How much does Baron Capital Management, Inc. charge?**
Its Form ADV Part 2A brochure dated May 27, 2026 states: Asset-based fee: 0.35% to 1.15% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Baron Capital Management, Inc. located?**
Baron Capital Management, Inc.'s principal office is in New York, NY, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Baron Capital Management, Inc. registered with the SEC or a state?**
Baron Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 110791.

**How much does Baron Capital Management, Inc. manage?**
Baron Capital Management, Inc. reports $10,787,204,343 in regulatory assets under management in its Form ADV filing dated May 29, 2026 (100% discretionary).

**How have Baron Capital Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Baron Capital Management, Inc.: Regulatory assets under management: $3,095,729,998 in the October 2021 data and $10,787,204,343 in the October 2026 data, up 248%. Total employees: 166 in October 2021 and 221 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Baron Capital Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: other (80); high net worth individuals (15); pension and profit sharing plans (but not the plan participants or government pension plans) (10).

**Which custodians does Baron Capital Management, Inc. use?**
Baron Capital Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Jefferies LLC, State Street Global Advisors Funds Distributors, LLC and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets.

**Does Baron Capital Management, Inc. report any disciplinary disclosures?**
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/110791

**What changed in Baron Capital Management, Inc.'s recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 44 to 41. Regulatory assets under management went from $5,759,597,364 to $10,787,204,343 (+87%). 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

### Fees and minimums (Form ADV Part 2A brochure dated May 27, 2026)

- Asset-based fee: 0.35% to 1.15% a year (a range, as the brochure states it)

> All advisory fees are subject to negotiation but typically range from .35% to 1.15%.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Jefferies LLC
- State Street Global Advisors Funds Distributors, LLC
- Wells Fargo Clearing Services, LLC

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: $10,787,204,343
- Discretionary: $10,787,204,343
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 15 | $364,289,819 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $7,102,949,984 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $2,263,738,453 |
| Charitable organizations | 3 | $314,978,027 |
| State or municipal government entities (including government pension plans) | 3 | $63,063,797 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 7 | $460,429,100 |
| Other | 80 | $217,755,163 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 1983 (43 years)
- Employees: 221 total, 41 performing advisory functions
- Wrap fee program participation: Yes
- 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, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- baroncapitalgroup.com
- vimeo.com/USER58289904
- LinkedIn @BARON-CAPITAL
- LinkedIn @MICHAEL-RICHARD-BARON
- X @BARONCAPITALGROUP
- X @BARONFUNDS
- X @RONBARONANALYST
- YouTube @BARONCAPITAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,095,729,998 | 166 | May 26, 2021 |
| October 2022 | $3,239,988,774 | 171 | August 1, 2022 |
| October 2023 | $2,981,852,358 | 196 | October 4, 2023 |
| October 2024 | $4,083,030,071 | 210 | September 25, 2024 |
| October 2025 | $5,759,597,364 | 208 | May 21, 2025 |
| October 2026 | $10,787,204,343 | 221 | May 29, 2026 |

Regulatory assets under management: $3,095,729,998 in the October 2021 data and $10,787,204,343 in the October 2026 data, up 248%.
Total employees: 166 in October 2021 and 221 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 44 to 41.
- Regulatory assets under management went from $5,759,597,364 to $10,787,204,343 (+87%).
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Added an office in West Palm Beach, FL.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Baron Capital Management, Inc. (CRD 110791): Form ADV filing data as of October 2026.