# Brandywine Managers, LLC

> Brandywine Managers, LLC is an SEC-registered investment advisory firm in Hockessin, DE, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 14, 2026.

- CRD: 137388
- Filed as: BRANDYWINE MANAGERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hockessin, DE
- Filing period: October 2026
- Form ADV filing dated: July 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/137388
- AdvisorCensus page: https://advisorcensus.com/firm/brandywine-managers-llc-hockessin-de-137388

## Quick answers

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

**Where is Brandywine Managers, LLC located?**
Brandywine Managers, LLC's principal office is in Hockessin, DE, according to its Form ADV.

**Is Brandywine Managers, LLC registered with the SEC or a state?**
Brandywine Managers, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 137388.

**How much does Brandywine Managers, LLC manage?**
Brandywine Managers, LLC reports $13,965,628,000 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (100% discretionary).

**How have Brandywine Managers, LLC's assets and staff changed since 2021?**
In the Form ADV data for Brandywine Managers, LLC: Regulatory assets under management: $11,551,191,000 in the October 2021 data and $13,965,628,000 in the October 2026 data, up 21%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Brandywine Managers, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (42); banking or thrift institutions (1).

**Does Brandywine Managers, LLC 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/137388

**What changed in Brandywine Managers, LLC's recent Form ADV filings?**
In the April 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

### Regulatory assets under management (Item 5.F)
- Total: $13,965,628,000
- Discretionary: $13,940,464,000
- Non-discretionary: $25,164,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 1 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 42 | $13,965,628,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $11,551,191,000 | 5 | March 30, 2021 |
| October 2022 | $13,642,541,000 | 5 | May 23, 2022 |
| October 2023 | $12,140,029,000 | 5 | March 30, 2023 |
| October 2024 | $12,304,072,000 | 5 | April 8, 2024 |
| October 2025 | $12,914,606,000 | 5 | March 31, 2025 |
| October 2026 | $13,965,628,000 | 5 | July 14, 2026 |

Regulatory assets under management: $11,551,191,000 in the October 2021 data and $13,965,628,000 in the October 2026 data, up 21%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brandywine Managers, LLC (CRD 137388): Form ADV filing data as of October 2026.