{ "crd_number": 138802, "slug": "glg-llc-new-york-ny-138802", "primary_business_name": "GLG LLC", "legal_name": "GLG LLC", "dbas": [ "MAN GROUP" ], "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": "2006-01-20", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 7039629584.0, "raum_discretionary": 7039629584.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 29, "advisory_employees": 26, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "investment_companies": { "raum": 366299759.0, "count": 1 }, "pension_profit_sharing": { "raum": 424631243.0, "count": null, "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 6248698582.0, "count": 22 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "other", "portfolio_management_businesses_institutional", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 2, "states_registered": [ "TX" ], "websites": [ "https://man.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/138802", "disclosure_items": [ { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" }, { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" } ], "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/glg-llc-new-york-ny-138802", "display_name": "GLG LLC", "summary": "GLG LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. GLG LLC (CRD 138802): 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", "Other" ], "advisory_activity_labels": [ "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", "Other" ], "quick_answers": [ { "q": "How is GLG LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), GLG LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other." }, { "q": "How much does GLG LLC charge?", "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.5% to 1.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is GLG LLC located?", "a": "GLG LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is GLG LLC registered with the SEC or a state?", "a": "GLG LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 138802." }, { "q": "How much does GLG LLC manage?", "a": "GLG LLC reports $7,039,629,584 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have GLG LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for GLG LLC: Regulatory assets under management: $8,560,923,209 in the October 2021 data and $7,039,629,584 in the October 2026 data, down 18%. Total employees: 22 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does GLG LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (22); investment companies (1)." }, { "q": "Which custodians does GLG LLC use?", "a": "GLG LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Bank and Trust Company and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does GLG LLC report any disciplinary disclosures?", "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). 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/138802" }, { "q": "What changed in GLG LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $5,802,748,176 to $7,039,629,584 (+21%). Employees performing advisory functions went from 31 to 26." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 8560923209.0, "total_employees": 22, "filing_date": "2021-05-06" }, { "period": "2022-10-01", "regulatory_assets_under_management": 7511807725.0, "total_employees": 22, "filing_date": "2022-07-27" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5858750232.0, "total_employees": 29, "filing_date": "2023-09-26" }, { "period": "2024-10-01", "regulatory_assets_under_management": 7419315850.0, "total_employees": 34, "filing_date": "2024-09-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 5802748176.0, "total_employees": 35, "filing_date": "2025-07-14" }, { "period": "2026-10-01", "regulatory_assets_under_management": 7039629584.0, "total_employees": 29, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $5,802,748,176 to $7,039,629,584 (+21%).", "Employees performing advisory functions went from 31 to 26." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Added an office in New York, NY." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in FL, MN." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 31, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": "0.5% to 1.75% a year", "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 0.5% to 1.75% a year (a range, as the brochure states it)" ], "quotes": [ "Generally, with respect to the Funds, the Firm or its affiliates (i) charge a monthly or quarterly management fee in arrears at annualized rates generally ranging from 0. 5% to 1.75%" ] } ], "values": { "tiers": [], "range_pct": [ 0.5, 1.75 ], "max_pct": null, "account_minimum": null, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "Generally, with respect to the Funds, the Firm or its affiliates (i) charge a monthly or quarterly management fee in arrears at annualized rates generally ranging from 0. 5% to 1.75%" ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "State Street Bank and Trust Company", "name_as_filed": "STATE STREET BANK AND TRUST COMPANY", "affiliated": false }, { "name": "The Northern Trust Company", "name_as_filed": "THE NORTHERN TRUST COMPANY", "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/glg-llc-new-york-ny-138802.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 366299759.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 22, "fewer_than_5": false, "raum": 6248698582.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": null, "fewer_than_5": true, "raum": 424631243.0 } ], "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.", "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/138802", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }