{
  "crd_number": 113128,
  "slug": "cullen-capital-management-llc-new-york-ny-113128",
  "primary_business_name": "CULLEN CAPITAL MANAGEMENT, LLC",
  "legal_name": "CULLEN CAPITAL MANAGEMENT, LLC",
  "dbas": [
    "CULLEN CAPITAL MANAGEMENT, LLC DBA SCHAFER CULLEN CAPITAL MANAGEMENT, INC."
  ],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2000-05-31",
  "years_registered": 26,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 11577260992.0,
  "raum_discretionary": 11577260992.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 64,
  "advisory_employees": 17,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 309346041.0,
      "count": 115
    },
    "state_municipal": {
      "raum": 154548410.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 6995752.0,
      "count": null,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 4394438831.0,
      "count": 17
    },
    "pension_profit_sharing": {
      "raum": 130101741.0,
      "count": 39
    },
    "high_net_worth_individuals": {
      "raum": 6001659961.0,
      "count": 7940
    },
    "pooled_investment_vehicles": {
      "raum": 23785334.0,
      "count": 3
    },
    "corporations_other_businesses": {
      "raum": 556384922.0,
      "count": 303
    }
  },
  "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": [
    "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://cullenfunds.com",
    "https://linkedin.com/company/schafer-cullen-cullen-funds"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/113128",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/cullen-capital-management-llc-new-york-ny-113128",
  "display_name": "Cullen Capital Management, LLC",
  "summary": "Cullen Capital Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2000, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Cullen Capital Management, LLC (CRD 113128): 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 Cullen Capital Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cullen Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Cullen Capital Management, LLC located?",
      "a": "Cullen Capital Management, LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Cullen Capital Management, LLC registered with the SEC or a state?",
      "a": "Cullen Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 113128."
    },
    {
      "q": "How much does Cullen Capital Management, LLC manage?",
      "a": "Cullen Capital Management, LLC reports $11,577,260,992 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cullen Capital Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cullen Capital Management, LLC: Regulatory assets under management: $6,997,063,752 in the October 2021 data and $11,577,260,992 in the October 2026 data, up 65%. Total employees: 60 in October 2021 and 64 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cullen Capital Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (7,940); corporations or other businesses not listed above (303); charitable organizations (115)."
    },
    {
      "q": "Which custodians does Cullen Capital Management, LLC use?",
      "a": "Cullen Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., J.P. Morgan Securities LLC and UBS Securities LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cullen Capital 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/113128"
    },
    {
      "q": "What changed in Cullen Capital Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $9,089,890,870 to $11,577,260,992 (+27%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 6997063752.0,
      "total_employees": 60,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 9157186354.0,
      "total_employees": 63,
      "filing_date": "2022-08-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 9401165800.0,
      "total_employees": 62,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 8987685172.0,
      "total_employees": 63,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 9089890870.0,
      "total_employees": 64,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 11577260992.0,
      "total_employees": 64,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $9,089,890,870 to $11,577,260,992 (+27%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities LLC",
      "name_as_filed": "J.P. MORGAN SECURITIES LLC",
      "affiliated": false
    },
    {
      "name": "UBS Securities LLC",
      "name_as_filed": "UBS SECURITIES 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/cullen-capital-management-llc-new-york-ny-113128.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 7940,
      "fewer_than_5": false,
      "raum": 6001659961.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 17,
      "fewer_than_5": false,
      "raum": 4394438831.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 23785334.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 39,
      "fewer_than_5": false,
      "raum": 130101741.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 115,
      "fewer_than_5": false,
      "raum": 309346041.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 154548410.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 6995752.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 303,
      "fewer_than_5": false,
      "raum": 556384922.0
    }
  ],
  "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/113128",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}