# Clearbridge Investments, LLC

> Clearbridge Investments, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 28, 2026.

- CRD: 137028
- Filed as: CLEARBRIDGE INVESTMENTS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/137028
- AdvisorCensus page: https://advisorcensus.com/firm/clearbridge-investments-llc-new-york-ny-137028

## Quick answers

**How is Clearbridge Investments, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Clearbridge Investments, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Clearbridge Investments, LLC located?**
Clearbridge Investments, LLC's principal office is in New York, NY, according to its Form ADV; the September 2026 filing also lists 8 other offices (Schedule D, Section 1.F).

**Is Clearbridge Investments, LLC registered with the SEC or a state?**
Clearbridge Investments, LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 137028.

**How much does Clearbridge Investments, LLC manage?**
Clearbridge Investments, LLC reports $184,809,812,930 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (77% discretionary).

**How have Clearbridge Investments, LLC's assets and staff changed since 2021?**
In the Form ADV data for Clearbridge Investments, LLC: Regulatory assets under management: $178,667,619,458 in the October 2021 data and $184,809,812,930 in the October 2026 data, up 3%. Total employees: 206 in October 2021 and 210 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Clearbridge Investments, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (122,494); corporations or other businesses not listed above (659); pension and profit sharing plans (but not the plan participants or government pension plans) (469).

**Which custodians does Clearbridge Investments, LLC use?**
Clearbridge Investments, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley as a custodian holding 10% or more of its separately managed account assets.

**Does Clearbridge Investments, LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/137028

**What changed in Clearbridge Investments, LLC's recent Form ADV filings?**
In the September 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
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Morgan Stanley

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: $184,809,812,930
- Discretionary: $141,544,336,360
- Non-discretionary: $43,265,476,570

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 122,494 | $47,400,706,326 |
| High net worth individuals | 452 | $1,315,287,880 |
| Banking or thrift institutions | 33 | $313,927,095 |
| Investment companies | 44 | $74,573,109,468 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 47 | $11,012,705,365 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 469 | $2,633,923,657 |
| Charitable organizations | 244 | $1,534,944,648 |
| State or municipal government entities (including government pension plans) | 17 | $276,255,643 |
| Other investment advisers | 68 | $42,802,647,874 |
| Insurance companies | 3 | $445,393,178 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 659 | $2,500,911,796 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- 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: 2005 (21 years)
- Employees: 210 total, 71 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 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/137028

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Baltimore, MD
- Calgary
- Edinburgh
- Fort Lauderdale, FL
- Leeds
- London
- Melbourne
- Sydney

### Websites listed on Form ADV (Item 1.I)
- [clearbridge.com](https://clearbridge.com)
- [podcasts.apple.com/ca/podcast/clearbridge-investments/id1098322760](https://podcasts.apple.com/ca/podcast/clearbridge-investments/id1098322760)
- Facebook @CLEARBRIDGEINVESTMENTS
- Instagram @CLEARBRIDGEINVESTMENTS
- LinkedIn @clearbridge-investments
- Threads @clearbridgeinvestments
- YouTube @clearbridgechannel

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $178,667,619,458 | 206 | June 28, 2021 |
| October 2022 | $189,672,708,179 | 216 | December 10, 2021 |
| October 2023 | $138,284,448,096 | 218 | July 10, 2023 |
| October 2024 | $148,243,821,271 | 216 | May 23, 2024 |
| October 2025 | $180,788,611,945 | 214 | April 22, 2025 |
| October 2026 | $184,809,812,930 | 210 | August 28, 2026 |

Regulatory assets under management: $178,667,619,458 in the October 2021 data and $184,809,812,930 in the October 2026 data, up 3%.
Total employees: 206 in October 2021 and 210 in October 2026.

## Changes in the filing (last 12 months)

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

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

### January 2026
- Employees performing advisory functions went from 62 to 71.
- Added an office in Edinburgh.
- Added an office in Leeds.
- Added an office in Melbourne.
- No longer lists an office in San Mateo, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Clearbridge Investments, LLC (CRD 137028): Form ADV filing data as of October 2026.