# Marsico Capital Management, LLC

> Marsico Capital Management, LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 1997, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 22, 2026.

- CRD: 109250
- Filed as: MARSICO CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: July 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109250
- AdvisorCensus page: https://advisorcensus.com/firm/marsico-capital-management-llc-denver-co-109250

## Quick answers

**How is Marsico Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Marsico Capital Management, LLC 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 Marsico Capital Management, LLC located?**
Marsico Capital Management, LLC's principal office is in Denver, CO, according to its Form ADV.

**Is Marsico Capital Management, LLC registered with the SEC or a state?**
Marsico Capital Management, LLC is an SEC-registered investment advisory firm, registered since 1997. Status as filed: Approved. CRD 109250.

**How much does Marsico Capital Management, LLC manage?**
Marsico Capital Management, LLC reports $4,262,075,529 in regulatory assets under management in its Form ADV filing dated July 22, 2026 (100% discretionary).

**How have Marsico Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Marsico Capital Management, LLC: Regulatory assets under management: $4,467,329,280 in the October 2021 data and $4,262,075,529 in the October 2026 data, down 5%. Total employees: 34 in October 2021 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Marsico Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (23); investment companies (5); pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Marsico Capital Management, LLC use?**
Marsico Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JP Morgan Private Bank, Northern Trust and Principal Bank as custodians holding 10% or more of its separately managed account assets.

**Does Marsico Capital Management, 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/109250

**What changed in Marsico Capital Management, LLC's recent Form ADV filings?**
In the August 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))
- JP Morgan Private Bank
- Northern Trust
- Principal Bank

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: $4,262,075,529
- Discretionary: $4,262,075,529
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $1,146,010 |
| High net worth individuals | 23 | $807,479,808 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 5 | $2,709,372,501 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $317,200,858 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $180,724,552 |
| Charitable organizations | Fewer than 5 | $127,901,805 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $118,249,995 |
| Other | Fewer than 5 | $0 |

### 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

### Firm details
- Registered since: 1997 (29 years)
- Employees: 26 total, 7 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- marsicocapital.com
- LinkedIn @marsico-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,467,329,280 | 34 | April 13, 2021 |
| October 2022 | $3,263,990,319 | 34 | April 20, 2022 |
| October 2023 | $2,432,969,986 | 27 | May 19, 2023 |
| October 2024 | $3,251,322,906 | 28 | April 5, 2024 |
| October 2025 | $4,022,187,797 | 26 | July 21, 2025 |
| October 2026 | $4,262,075,529 | 26 | July 22, 2026 |

Regulatory assets under management: $4,467,329,280 in the October 2021 data and $4,262,075,529 in the October 2026 data, down 5%.
Total employees: 34 in October 2021 and 26 in October 2026.

## Changes in the filing (last 12 months)

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

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Marsico Capital Management, LLC (CRD 109250): Form ADV filing data as of October 2026.