# Metzler-Payden, LLC

> Metzler-Payden, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 1998, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 108870
- Filed as: METZLER-PAYDEN, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108870
- AdvisorCensus page: https://advisorcensus.com/firm/metzler-payden-llc-los-angeles-ca-108870

## Quick answers

**How is Metzler-Payden, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Metzler-Payden, 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 Metzler-Payden, LLC located?**
Metzler-Payden, LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Metzler-Payden, LLC registered with the SEC or a state?**
Metzler-Payden, LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 108870.

**How much does Metzler-Payden, LLC manage?**
Metzler-Payden, LLC reports $1,264,589,316 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Metzler-Payden, LLC's assets and staff changed since 2021?**
In the Form ADV data for Metzler-Payden, LLC: Regulatory assets under management: $1,005,447,223 in the October 2021 data and $1,264,589,316 in the October 2026 data, up 26%. Total employees: 0 in October 2021 and 187 in October 2026. Assets under management move with markets as well as with clients coming and going.

**Which custodians does Metzler-Payden, LLC use?**
Metzler-Payden, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Dekabank Deutsche Girozentrale, HSBC Trinkaus & Burkhardt GMBH and State Street Bank Luxembourg S.C.A. as custodians holding 10% or more of its separately managed account assets.

**Does Metzler-Payden, 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/108870

**What changed in Metzler-Payden, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 111 to 112.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Dekabank Deutsche Girozentrale
- HSBC Trinkaus & Burkhardt GMBH
- State Street Bank Luxembourg S.C.A.

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: $1,264,589,316
- Discretionary: $1,264,589,316
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $734,660,083 |
| Charitable organizations | Fewer than 5 | $116,433,843 |
| Insurance companies | Fewer than 5 | $413,495,390 |

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

### Firm details
- Registered since: 1998 (28 years)
- Employees: 187 total, 112 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,005,447,223 | 0 | March 31, 2021 |
| October 2022 | $1,277,503,290 | 0 | March 31, 2022 |
| October 2023 | $1,228,721,261 | 0 | March 31, 2023 |
| October 2024 | $1,366,019,252 | 0 | March 28, 2024 |
| October 2025 | $1,202,588,011 | 186 | March 28, 2025 |
| October 2026 | $1,264,589,316 | 187 | March 31, 2026 |

Regulatory assets under management: $1,005,447,223 in the October 2021 data and $1,264,589,316 in the October 2026 data, up 26%.
Total employees: 0 in October 2021 and 187 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 111 to 112.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Metzler-Payden, LLC (CRD 108870): Form ADV filing data as of October 2026.