# Marchant

> Marchant is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 2, 2026.

- CRD: 335094
- Filed as: MARCHANT
- Legal name: Marchant MC Limited
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: June 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/335094
- AdvisorCensus page: https://advisorcensus.com/firm/marchant-london-335094

## Quick answers

**How is Marchant compensated?**
On its Form ADV (Item 5.E, October 2026), Marchant 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.

**Where is Marchant located?**
Marchant's principal office is in London, United Kingdom, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Marchant registered with the SEC or a state?**
Marchant is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335094.

**How much does Marchant manage?**
Marchant reports $705,100,000 in regulatory assets under management in its Form ADV filing dated June 2, 2026 (100% discretionary).

**How have Marchant's assets and staff changed since 2025?**
In the Form ADV data for Marchant: Regulatory assets under management: $320,000,000 in the October 2025 data and $705,100,000 in the October 2026 data, up 120%. Total employees: 4 in October 2025 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Marchant serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Which custodians does Marchant use?**
Marchant's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as custodians holding 10% or more of its separately managed account assets.

**Does Marchant 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/335094

**What changed in Marchant's recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $320,000,000 to $705,100,000 (+120%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Goldman Sachs & Co. LLC
- Morgan Stanley & Co. LLC

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: $705,100,000
- Discretionary: $705,100,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $565,100,000 |
| Charitable organizations | Fewer than 5 | $140,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2025 (1 year)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Edinburgh

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $320,000,000 | 4 | July 9, 2025 |
| October 2026 | $705,100,000 | 4 | June 2, 2026 |

Regulatory assets under management: $320,000,000 in the October 2025 data and $705,100,000 in the October 2026 data, up 120%.
Total employees: 4 in October 2025 and 4 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $320,000,000 to $705,100,000 (+120%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Marchant (CRD 335094): Form ADV filing data as of October 2026.