# Marshall Wace North America L.P.

> Marshall Wace North America L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2009, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.

- CRD: 135902
- Filed as: MARSHALL WACE NORTH AMERICA L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/135902
- AdvisorCensus page: https://advisorcensus.com/firm/marshall-wace-north-america-l-p-new-york-ny-135902

## Quick answers

**How is Marshall Wace North America L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Marshall Wace North America L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Marshall Wace North America L.P. charge?**
Its Form ADV Part 2A brochure dated May 29, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Marshall Wace North America L.P. located?**
Marshall Wace North America L.P.'s principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Marshall Wace North America L.P. registered with the SEC or a state?**
Marshall Wace North America L.P. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 135902.

**How much does Marshall Wace North America L.P. manage?**
Marshall Wace North America L.P. reports $58,869,761,275 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary).

**How have Marshall Wace North America L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Marshall Wace North America L.P.: Regulatory assets under management: $26,675,055,124 in the October 2021 data and $58,869,761,275 in the October 2026 data, up 121%. Total employees: 80 in October 2021 and 184 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Marshall Wace North America L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (16).

**Does Marshall Wace North America L.P. 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/135902

**What changed in Marshall Wace North America L.P.'s recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 109 to 112. Regulatory assets under management went from $33,003,676,842 to $58,869,761,275 (+78%). Added an office in Palo Alto, CA. No longer lists an office in Austin, TX. 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
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated May 29, 2026)

- Asset-based fee: 2% of assets a year

> Where MWNA is directly appointed in its role as Investment Manager, it generally receives a management fee not exceeding 2% per annum and an accrued performance fee, incentive allocation or carried interest payment

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $58,869,761,275
- Discretionary: $58,869,761,275
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 16 | $58,869,761,275 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2009 (17 years)
- Employees: 184 total, 112 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Cambridge, MA
- Palo Alto, CA

### Websites listed on Form ADV (Item 1.I)
- mwam.com
- LinkedIn @MARSHALL-WACE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $26,675,055,124 | 80 | May 28, 2021 |
| October 2022 | $28,400,375,450 | 90 | September 23, 2022 |
| October 2023 | $18,865,467,136 | 102 | June 6, 2023 |
| October 2024 | $36,174,838,673 | 154 | June 27, 2024 |
| October 2025 | $33,003,676,842 | 201 | May 29, 2025 |
| October 2026 | $58,869,761,275 | 184 | July 30, 2026 |

Regulatory assets under management: $26,675,055,124 in the October 2021 data and $58,869,761,275 in the October 2026 data, up 121%.
Total employees: 80 in October 2021 and 184 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 109 to 112.
- Regulatory assets under management went from $33,003,676,842 to $58,869,761,275 (+78%).
- Added an office in Palo Alto, CA.
- No longer lists an office in Austin, TX.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Marshall Wace North America L.P. (CRD 135902): Form ADV filing data as of October 2026.