# Benin Management Corp

> Benin Management Corp is an SEC-registered investment advisory firm in Redding, CT, registered since 1973, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.

- CRD: 110988
- Filed as: BENIN MANAGEMENT CORP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Redding, CT
- Filing period: October 2026
- Form ADV filing dated: July 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110988
- AdvisorCensus page: https://advisorcensus.com/firm/benin-management-corp-redding-ct-110988

## Quick answers

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

**Where is Benin Management Corp located?**
Benin Management Corp's principal office is in Redding, CT, according to its Form ADV.

**Is Benin Management Corp registered with the SEC or a state?**
Benin Management Corp is an SEC-registered investment advisory firm, registered since 1973. Status as filed: Approved. CRD 110988.

**How much does Benin Management Corp manage?**
Benin Management Corp reports $659,181,861 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary).

**How have Benin Management Corp's assets and staff changed since 2021?**
In the Form ADV data for Benin Management Corp: Regulatory assets under management: $440,970,201 in the October 2021 data and $659,181,861 in the October 2026 data, up 49%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Benin Management Corp serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (195); individuals (other than high net worth individuals) (166); corporations or other businesses not listed above (9).

**Which custodians does Benin Management Corp use?**
Benin Management Corp's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Benin Management Corp 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/110988

**Does Benin Management Corp state an account minimum?**
Its Form ADV Part 2A brochure dated July 1, 2026 says: "BMC does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."

**What changed in Benin Management Corp's recent Form ADV filings?**
In the August 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $520,975,970 to $659,181,861 (+27%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated July 1, 2026)

- Account minimum: None

> BMC does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., 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: $659,181,861
- Discretionary: $659,181,861
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 166 | $52,509,308 |
| High net worth individuals | 195 | $521,793,573 |
| 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) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $5,283,144 |
| Charitable organizations | Fewer than 5 | $17,194,671 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| 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 | 9 | $62,401,165 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1973 (53 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, LA, MA, MD, NH, NJ, NY, PA, RI, SC, TX, VA, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- beninmanagement.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $440,970,201 | 3 | July 26, 2021 |
| October 2022 | $418,284,563 | 3 | July 26, 2022 |
| October 2023 | $444,752,580 | 4 | July 18, 2023 |
| October 2024 | $488,746,797 | 4 | July 15, 2024 |
| October 2025 | $520,975,970 | 4 | July 1, 2025 |
| October 2026 | $659,181,861 | 3 | July 1, 2026 |

Regulatory assets under management: $440,970,201 in the October 2021 data and $659,181,861 in the October 2026 data, up 49%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $520,975,970 to $659,181,861 (+27%).

### February 2026
- Employees performing advisory functions went from 3 to 2.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Benin Management Corp (CRD 110988): Form ADV filing data as of October 2026.