{ "crd_number": 146019, "slug": "confluence-investment-management-llc-saint-louis-mo-146019", "primary_business_name": "CONFLUENCE INVESTMENT MANAGEMENT LLC", "legal_name": "CONFLUENCE INVESTMENT MANAGEMENT LLC", "dbas": [], "city": "Saint Louis", "state": "MO", "country": "United States", "cbsa_code": "41180", "metro": { "cbsa_code": "41180", "common_name": "St. Louis", "msa_name": "St. Louis, MO-IL", "path": "/advisors/mo/st-louis" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2008-01-10", "years_registered": 18, "period": "2026-10-01", "filing_date": "2026-03-25", "carried_forward": false, "raum_total": 6719179902.0, "raum_discretionary": 6719179902.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 55, "advisory_employees": 25, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 114075230.0, "count": 102 }, "individuals": { "raum": 4350529156.0, "count": 13470 }, "banking_thrift": { "raum": 0.0, "count": 0 }, "state_municipal": { "raum": 0.0, "count": 0 }, "insurance_companies": { "raum": 0.0, "count": 0 }, "investment_companies": { "raum": 49763814.0, "count": 2 }, "pension_profit_sharing": { "raum": 71357048.0, "count": 52 }, "high_net_worth_individuals": { "raum": 1812386975.0, "count": 1016 }, "pooled_investment_vehicles": { "raum": 0.0, "count": 0 }, "corporations_other_businesses": { "raum": 321067679.0, "count": 220 }, "business_development_companies": { "raum": 0.0, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 0.0, "count": 0 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "other", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "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" ], "websites": [ "https://confluenceim.com", "https://confluenceinvestment.com", "https://facebook.com/CONFLUENCEIM", "https://linkedin.com/COMPANY/CONFLUENCE-INVESTMENT-MANAGEMENT", "https://twitter.com/CONFLUENCEIM", "https://vimeo.com/CONFLUENCEIM" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146019", "city_as_filed": "SAINT LOUIS", "url": "https://advisorcensus.com/firm/confluence-investment-management-llc-saint-louis-mo-146019", "display_name": "Confluence Investment Management LLC", "summary": "Confluence Investment Management LLC is an SEC-registered investment advisory firm in Saint Louis, MO, registered since 2008, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.", "citation": "AdvisorCensus. Confluence Investment Management LLC (CRD 146019): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Other" ], "quick_answers": [ { "q": "How is Confluence Investment Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Confluence Investment Management LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Confluence Investment Management LLC located?", "a": "Confluence Investment Management LLC's principal office is in Saint Louis, MO, according to its Form ADV." }, { "q": "Is Confluence Investment Management LLC registered with the SEC or a state?", "a": "Confluence Investment Management LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146019." }, { "q": "How much does Confluence Investment Management LLC manage?", "a": "Confluence Investment Management LLC reports $6,719,179,902 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)." }, { "q": "How have Confluence Investment Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Confluence Investment Management LLC: Regulatory assets under management: $6,888,754,678 in the October 2021 data and $6,719,179,902 in the October 2026 data, down 2%. Total employees: 46 in October 2021 and 55 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Confluence Investment Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (13,470); high net worth individuals (1,016); corporations or other businesses not listed above (220)." }, { "q": "Which custodians does Confluence Investment Management LLC use?", "a": "Confluence Investment Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC, Robert W. Baird & Co. Incorporated, Stifel, Nicolaus & Company, Incorporated and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Confluence Investment Management LLC report any disciplinary disclosures?", "a": "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/146019" }, { "q": "What changed in Confluence Investment Management LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 24 to 25." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6888754678.0, "total_employees": 46, "filing_date": "2021-03-05" }, { "period": "2022-10-01", "regulatory_assets_under_management": 7762231795.0, "total_employees": 46, "filing_date": "2022-03-21" }, { "period": "2023-10-01", "regulatory_assets_under_management": 6928892883.0, "total_employees": 47, "filing_date": "2023-03-09" }, { "period": "2024-10-01", "regulatory_assets_under_management": 7200932108.0, "total_employees": 54, "filing_date": "2024-03-21" }, { "period": "2025-10-01", "regulatory_assets_under_management": 7251904123.0, "total_employees": 55, "filing_date": "2025-03-21" }, { "period": "2026-10-01", "regulatory_assets_under_management": 6719179902.0, "total_employees": 55, "filing_date": "2026-03-25" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 24 to 25." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Pershing LLC", "name_as_filed": "PERSHING LLC", "affiliated": false }, { "name": "Robert W. Baird & Co. Incorporated", "name_as_filed": "ROBERT W. BAIRD & CO. INCORPORATED", "affiliated": false }, { "name": "Stifel, Nicolaus & Company, Incorporated", "name_as_filed": "STIFEL, NICOLAUS & COMPANY, INCORPORATED", "affiliated": false }, { "name": "Wells Fargo Clearing Services, LLC", "name_as_filed": "WELLS FARGO CLEARING SERVICES, LLC", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/confluence-investment-management-llc-saint-louis-mo-146019.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 13470, "fewer_than_5": false, "raum": 4350529156.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 1016, "fewer_than_5": false, "raum": 1812386975.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 2, "fewer_than_5": false, "raum": 49763814.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 52, "fewer_than_5": false, "raum": 71357048.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 102, "fewer_than_5": false, "raum": 114075230.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 220, "fewer_than_5": false, "raum": 321067679.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146019", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }