# Managed Asset Portfolios, LLC

> Managed Asset Portfolios, LLC is an SEC-registered investment advisory firm in Rochester, MI, registered since 2000, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 10, 2026.

- CRD: 109574
- Filed as: MANAGED ASSET PORTFOLIOS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rochester, MI
- Filing period: October 2026
- Form ADV filing dated: August 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109574
- AdvisorCensus page: https://advisorcensus.com/firm/managed-asset-portfolios-llc-rochester-mi-109574

## Quick answers

**How is Managed Asset Portfolios, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Managed Asset Portfolios, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Managed Asset Portfolios, LLC located?**
Managed Asset Portfolios, LLC's principal office is in Rochester, MI, according to its Form ADV.

**Is Managed Asset Portfolios, LLC registered with the SEC or a state?**
Managed Asset Portfolios, LLC is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 109574.

**How much does Managed Asset Portfolios, LLC manage?**
Managed Asset Portfolios, LLC reports $1,266,424,380 in regulatory assets under management in its Form ADV filing dated August 10, 2026 (98% discretionary).

**How have Managed Asset Portfolios, LLC's assets and staff changed since 2021?**
In the Form ADV data for Managed Asset Portfolios, LLC: Regulatory assets under management: $926,084,300 in the October 2021 data and $1,266,424,380 in the October 2026 data, up 37%. Total employees: 24 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Managed Asset Portfolios, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,394); high net worth individuals (226); corporations or other businesses not listed above (31).

**Which custodians does Managed Asset Portfolios, LLC use?**
Managed Asset Portfolios, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Managed Asset Portfolios, LLC 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/109574

**What changed in Managed Asset Portfolios, LLC's recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in MT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., 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: $1,266,424,380
- Discretionary: $1,242,552,305
- Non-discretionary: $23,872,075

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,394 | $419,274,513 |
| High net worth individuals | 226 | $495,640,025 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 2 | $99,916,470 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $9,305,893 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 9 | $5,395,802 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $145,789,638 |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 31 | $90,085,202 |
| Other | Fewer than 5 | $1,016,837 |

### Advisory services (Item 5.G)
- 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
- Other

### Firm details
- Registered since: 2000 (25 years)
- Employees: 22 total, 6 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CO, FL, GA, ID, IL, IN, LA, MA, MI, MN, MS, MT, NC, NE, NH, NJ, NV, NY, OH, PA, SC, TN, TX, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- managedassetportfolios.com
- Facebook @MANAGED-ASSET-PORTFOLIOS-LLC-366248867800
- LinkedIn @MANAGED-ASSET-PORTFOLIOS-LLC
- X @MICHAEL_DZIALO

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $926,084,300 | 24 | March 29, 2021 |
| October 2022 | $1,113,731,464 | 21 | March 30, 2022 |
| October 2023 | $1,016,112,924 | 21 | March 30, 2023 |
| October 2024 | $1,086,571,483 | 21 | August 9, 2024 |
| October 2025 | $1,058,507,064 | 22 | March 27, 2025 |
| October 2026 | $1,266,424,380 | 22 | August 10, 2026 |

Regulatory assets under management: $926,084,300 in the October 2021 data and $1,266,424,380 in the October 2026 data, up 37%.
Total employees: 24 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in MT.

### April 2026
- Regulatory assets under management went from $1,058,507,064 to $1,266,424,380 (+20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Managed Asset Portfolios, LLC (CRD 109574): Form ADV filing data as of October 2026.