AdvisorCensus / Financial advisors / Bell Asset Management Limited
Bell Asset Management Limited is an SEC-registered investment advisory firm in Melbourne, Australia, registered since 2008, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.
Quick answers
From the filingHow is Bell Asset Management Limited compensated?
On its Form ADV (Item 5.E, October 2026), Bell Asset Management Limited reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Bell Asset Management Limited located?
Bell Asset Management Limited's principal office is in Melbourne, Australia, according to its Form ADV.
Is Bell Asset Management Limited registered with the SEC or a state?
Bell Asset Management Limited is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146144.
How much does Bell Asset Management Limited manage?
Bell Asset Management Limited reports $2,176,768,080 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).
How have Bell Asset Management Limited's assets and staff changed since 2021?
In the Form ADV data for Bell Asset Management Limited: Regulatory assets under management: $2,029,800,916 in the October 2021 data and $2,176,768,080 in the October 2026 data, up 7%. Total employees: 25 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Bell Asset Management Limited serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6); pension and profit sharing plans (but not the plan participants or government pension plans) (6); state or municipal government entities (including government pension plans) (1).
Which custodians does Bell Asset Management Limited use?
Bell Asset Management Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Apex Fund Services Pty Limited, The Bank of New York Mellon, BNP Paribas Securities Services, Citibank, N.A., The Northern Trust Company and State Street Australia Limited as custodians holding 10% or more of its separately managed account assets.
Does Bell Asset Management Limited 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/146144
What changed in Bell Asset Management Limited's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $3,051,116,471 to $2,176,768,080 (-29%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 25, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$2,176,768,080 as of October 2026, filing dated March 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2008 (18 years)
- Employees
- Total: 30. Performing investment advisory functions: 10.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $2,176,768,080 | 30 | March 25, 2026 |
| October 2025 | $3,051,116,471 | 30 | March 25, 2025 |
| October 2024 | $3,482,855,444 | 30 | March 25, 2024 |
| October 2023 | $2,565,124,474 | 30 | March 16, 2023 |
| October 2022 | $2,677,667,290 | 25 | March 24, 2022 |
| October 2021 | $2,029,800,916 | 25 | March 24, 2021 |
Regulatory assets under management: $2,029,800,916 in the October 2021 data and $2,176,768,080 in the October 2026 data, up 7%.
Total employees: 25 in October 2021 and 30 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $3,051,116,471 to $2,176,768,080 (-29%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Bell Asset Management Limited (CRD 146144): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/bell-asset-management-limited-melbourne-146144