{
  "crd_number": 109355,
  "slug": "mdt-advisers-a-division-of-federated-mdta-llc-boston-ma-109355",
  "primary_business_name": "MDT ADVISERS, A DIVISION OF FEDERATED MDTA LLC",
  "legal_name": "FEDERATED MDTA LLC",
  "dbas": [
    "FEDERATED MDT ADVISERS",
    "MDT ADVISERS",
    "MDT ADVISERS, A FEDERATED ADVISORY COMPANY"
  ],
  "city": "Boston",
  "state": "MA",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1997-11-13",
  "years_registered": 28,
  "period": "2026-10-01",
  "filing_date": "2026-09-08",
  "carried_forward": false,
  "raum_total": 25945922671.0,
  "raum_discretionary": 25945922671.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 21,
  "advisory_employees": 19,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 10003717.0,
      "count": 16
    },
    "individuals": {
      "raum": 504926169.0,
      "count": 1955
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 23360491657.0,
      "count": 19
    },
    "pension_profit_sharing": {
      "raum": 356312176.0,
      "count": 65
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 486387719.0,
      "count": 253
    },
    "pooled_investment_vehicles": {
      "raum": 1181867622.0,
      "count": 3
    },
    "corporations_other_businesses": {
      "raum": 45933611.0,
      "count": 49
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "educational_seminars",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "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"
  ],
  "websites": [
    "https://facebook.com/FEDERATEDHERMESINC",
    "https://federatedhermes.com/US/HOME.DO",
    "https://linkedin.com/COMPANY/FEDERATED-HERMES",
    "https://x.com/FEDERATEDHERMES",
    "https://youtube.com/C/FEDERATEDHERMESINC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109355",
  "city_as_filed": "BOSTON",
  "url": "https://advisorcensus.com/firm/mdt-advisers-a-division-of-federated-mdta-llc-boston-ma-109355",
  "display_name": "MDT Advisers, a Division of Federated Mdta LLC",
  "summary": "MDT Advisers, a Division of Federated Mdta LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 1997, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 8, 2026.",
  "citation": "AdvisorCensus. MDT Advisers, a Division of Federated Mdta LLC (CRD 109355): 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"
  ],
  "advisory_activity_labels": [
    "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",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is MDT Advisers, a Division of Federated Mdta LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), MDT Advisers, a Division of Federated Mdta LLC 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."
    },
    {
      "q": "Where is MDT Advisers, a Division of Federated Mdta LLC located?",
      "a": "MDT Advisers, a Division of Federated Mdta LLC's principal office is in Boston, MA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is MDT Advisers, a Division of Federated Mdta LLC registered with the SEC or a state?",
      "a": "MDT Advisers, a Division of Federated Mdta LLC is an SEC-registered investment advisory firm, registered since 1997. Status as filed: Approved. CRD 109355."
    },
    {
      "q": "How much does MDT Advisers, a Division of Federated Mdta LLC manage?",
      "a": "MDT Advisers, a Division of Federated Mdta LLC reports $25,945,922,671 in regulatory assets under management in its Form ADV filing dated September 8, 2026 (100% discretionary)."
    },
    {
      "q": "How have MDT Advisers, a Division of Federated Mdta LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for MDT Advisers, a Division of Federated Mdta LLC: Regulatory assets under management: $5,350,765,431 in the October 2021 data and $25,945,922,671 in the October 2026 data, up 385%. Total employees: 22 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does MDT Advisers, a Division of Federated Mdta LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,955); high net worth individuals (253); pension and profit sharing plans (but not the plan participants or government pension plans) (65)."
    },
    {
      "q": "Which custodians does MDT Advisers, a Division of Federated Mdta LLC use?",
      "a": "MDT Advisers, a Division of Federated Mdta LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists UBS Financial Services Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does MDT Advisers, a Division of Federated Mdta LLC report any disciplinary disclosures?",
      "a": "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/109355"
    },
    {
      "q": "What changed in MDT Advisers, a Division of Federated Mdta LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 5350765431.0,
      "total_employees": 22,
      "filing_date": "2021-03-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 6515480624.0,
      "total_employees": 23,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 5030757013.0,
      "total_employees": 20,
      "filing_date": "2023-07-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 6672121507.0,
      "total_employees": 17,
      "filing_date": "2024-08-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 11663958404.0,
      "total_employees": 20,
      "filing_date": "2025-03-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 25945922671.0,
      "total_employees": 21,
      "filing_date": "2026-09-08"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 14 to 19.",
        "Regulatory assets under management went from $11,663,958,404 to $25,945,922,671 (+122%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "UBS Financial Services Inc.",
      "name_as_filed": "UBS FINANCIAL SERVICES INC.",
      "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/mdt-advisers-a-division-of-federated-mdta-llc-boston-ma-109355.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1955,
      "fewer_than_5": false,
      "raum": 504926169.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 253,
      "fewer_than_5": false,
      "raum": 486387719.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 19,
      "fewer_than_5": false,
      "raum": 23360491657.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 1181867622.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 65,
      "fewer_than_5": false,
      "raum": 356312176.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 16,
      "fewer_than_5": false,
      "raum": 10003717.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 49,
      "fewer_than_5": false,
      "raum": 45933611.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/109355",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}