# Drexel Morgan & Co.

> Drexel Morgan & Co. is an SEC-registered investment advisory firm in Radnor, PA, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 6, 2026.

- CRD: 151053
- Filed as: DREXEL MORGAN & CO.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Radnor, PA
- Filing period: October 2026
- Form ADV filing dated: August 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151053
- AdvisorCensus page: https://advisorcensus.com/firm/drexel-morgan-and-co-radnor-pa-151053

## Quick answers

**How is Drexel Morgan & Co. compensated?**
On its Form ADV (Item 5.E, October 2026), Drexel Morgan & Co. 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 Drexel Morgan & Co. located?**
Drexel Morgan & Co.'s principal office is in Radnor, PA, according to its Form ADV.

**Is Drexel Morgan & Co. registered with the SEC or a state?**
Drexel Morgan & Co. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151053.

**How much does Drexel Morgan & Co. manage?**
Drexel Morgan & Co. reports $607,000,000 in regulatory assets under management in its Form ADV filing dated August 6, 2026 (100% discretionary).

**How have Drexel Morgan & Co.'s assets and staff changed since 2021?**
In the Form ADV data for Drexel Morgan & Co.: Regulatory assets under management: $286,481,241 in the October 2021 data and $607,000,000 in the October 2026 data, up 112%. Total employees: 5 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Drexel Morgan & Co. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (12).

**Which custodians does Drexel Morgan & Co. use?**
Drexel Morgan & Co.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists UBS Financial Services Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Drexel Morgan & Co. 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/151053

**What changed in Drexel Morgan & Co.'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

### Custodians (Schedule D, Section 5.K(3))
- UBS Financial Services Inc.

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: $607,000,000
- Discretionary: $607,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 12 | $607,000,000 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2009 (17 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- drexelmorgan.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $286,481,241 | 5 | March 31, 2021 |
| October 2022 | $380,649,000 | 6 | March 31, 2022 |
| October 2023 | $365,000,000 | 6 | March 30, 2023 |
| October 2024 | $439,600,000 | 4 | August 2, 2024 |
| October 2025 | $469,000,000 | 4 | March 27, 2025 |
| October 2026 | $607,000,000 | 4 | August 6, 2026 |

Regulatory assets under management: $286,481,241 in the October 2021 data and $607,000,000 in the October 2026 data, up 112%.
Total employees: 5 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Regulatory assets under management went from $469,000,000 to $607,000,000 (+29%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Drexel Morgan & Co. (CRD 151053): Form ADV filing data as of October 2026.