# Bruce & Co Inc

> Bruce & Co Inc is an SEC-registered investment advisory firm in Chicago, IL, registered since 1974, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 104735
- Filed as: BRUCE & CO INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104735
- AdvisorCensus page: https://advisorcensus.com/firm/bruce-and-co-inc-chicago-il-104735

## Quick answers

**How is Bruce & Co Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Bruce & Co Inc 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 Bruce & Co Inc located?**
Bruce & Co Inc's principal office is in Chicago, IL, according to its Form ADV.

**Is Bruce & Co Inc registered with the SEC or a state?**
Bruce & Co Inc is an SEC-registered investment advisory firm, registered since 1974. Status as filed: Approved. CRD 104735.

**How much does Bruce & Co Inc manage?**
Bruce & Co Inc reports $379,536,270 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Bruce & Co Inc's assets and staff changed since 2021?**
In the Form ADV data for Bruce & Co Inc: Regulatory assets under management: $641,440,672 in the October 2021 data and $379,536,270 in the October 2026 data, down 41%. Total employees: 2 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bruce & Co Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (1); investment companies (1); charitable organizations (1).

**Does Bruce & Co 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/104735

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $379,536,270
- Discretionary: $379,536,270
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 1 | $3,950,011 |
| Investment companies | 1 | $347,807,973 |
| Charitable organizations | 1 | $27,778,286 |

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

### Firm details
- Registered since: 1974 (52 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $641,440,672 | 2 | March 30, 2021 |
| October 2022 | $649,096,343 | 2 | August 8, 2022 |
| October 2023 | $558,456,623 | 1 | July 18, 2023 |
| October 2024 | $473,946,686 | 1 | March 28, 2024 |
| October 2025 | $397,483,508 | 1 | March 21, 2025 |
| October 2026 | $379,536,270 | 1 | March 26, 2026 |

Regulatory assets under management: $641,440,672 in the October 2021 data and $379,536,270 in the October 2026 data, down 41%.
Total employees: 2 in October 2021 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bruce & Co Inc (CRD 104735): Form ADV filing data as of October 2026.