{
  "crd_number": 113859,
  "slug": "cooke-and-bieler-l-p-philadelphia-pa-113859",
  "primary_business_name": "COOKE & BIELER, L.P.",
  "legal_name": "COOKE & BIELER, L.P.",
  "dbas": [],
  "city": "Philadelphia",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2001-06-08",
  "years_registered": 25,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 10559152509.0,
  "raum_discretionary": 8808005685.0,
  "raum_non_discretionary": 1751146824.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 32,
  "advisory_employees": 14,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 507614497.0,
      "count": 37
    },
    "individuals": {
      "raum": 11732125.0,
      "count": 24
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 5113940816.0,
      "count": 25
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 2970111312.0,
      "count": 3
    },
    "pension_profit_sharing": {
      "raum": 1063819850.0,
      "count": 20
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 412958517.0,
      "count": 86
    },
    "pooled_investment_vehicles": {
      "raum": 263753167.0,
      "count": 4
    },
    "corporations_other_businesses": {
      "raum": 215222225.0,
      "count": 10
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MA",
    "NC",
    "NY",
    "OH",
    "PA",
    "TN",
    "VA",
    "WI"
  ],
  "websites": [
    "https://cooke-bieler.com",
    "https://linkedin.com/COMPANY/COOKE-&-BIELER-L-P-"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/113859",
  "city_as_filed": "PHILADELPHIA",
  "url": "https://advisorcensus.com/firm/cooke-and-bieler-l-p-philadelphia-pa-113859",
  "display_name": "Cooke & Bieler, L.P.",
  "summary": "Cooke & Bieler, L.P. is an SEC-registered investment advisory firm in Philadelphia, PA, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Cooke & Bieler, L.P. (CRD 113859): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Cooke & Bieler, L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cooke & Bieler, L.P. 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."
    },
    {
      "q": "Where is Cooke & Bieler, L.P. located?",
      "a": "Cooke & Bieler, L.P.'s principal office is in Philadelphia, PA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Cooke & Bieler, L.P. registered with the SEC or a state?",
      "a": "Cooke & Bieler, L.P. is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 113859."
    },
    {
      "q": "How much does Cooke & Bieler, L.P. manage?",
      "a": "Cooke & Bieler, L.P. reports $10,559,152,509 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (83% discretionary)."
    },
    {
      "q": "How have Cooke & Bieler, L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cooke & Bieler, L.P.: Regulatory assets under management: $9,540,757,030 in the October 2021 data and $10,559,152,509 in the October 2026 data, up 11%. Total employees: 34 in October 2021 and 32 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cooke & Bieler, L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (86); charitable organizations (37); state or municipal government entities (including government pension plans) (25)."
    },
    {
      "q": "Which custodians does Cooke & Bieler, L.P. use?",
      "a": "Cooke & Bieler, L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists HSBC Trinkaus, Northern Trust Company and State Street Investment Services as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cooke & Bieler, L.P. 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/113859"
    },
    {
      "q": "What changed in Cooke & Bieler, L.P.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 13 to 14. Registered or notice-filed in OH. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 9540757030.0,
      "total_employees": 34,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 11942614356.0,
      "total_employees": 33,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 10678093006.0,
      "total_employees": 30,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 11834756269.0,
      "total_employees": 30,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 11366428914.0,
      "total_employees": 30,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 10559152509.0,
      "total_employees": 32,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 13 to 14.",
        "Registered or notice-filed in OH.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "HSBC Trinkaus",
      "name_as_filed": "HSBC TRINKAUS",
      "affiliated": false
    },
    {
      "name": "Northern Trust Company",
      "name_as_filed": "NORTHERN TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "State Street Investment Services",
      "name_as_filed": "STATE STREET INVESTMENT SERVICES",
      "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/cooke-and-bieler-l-p-philadelphia-pa-113859.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 24,
      "fewer_than_5": false,
      "raum": 11732125.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 86,
      "fewer_than_5": false,
      "raum": 412958517.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 2970111312.0
    },
    {
      "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": 4,
      "fewer_than_5": false,
      "raum": 263753167.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 20,
      "fewer_than_5": false,
      "raum": 1063819850.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 37,
      "fewer_than_5": false,
      "raum": 507614497.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 25,
      "fewer_than_5": false,
      "raum": 5113940816.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "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": 10,
      "fewer_than_5": false,
      "raum": 215222225.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/113859",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}