# Mudita Management

> Mudita Management is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 3, 2026.

- CRD: 315593
- Filed as: MUDITA MANAGEMENT
- Legal name: Mudita Advisors LLP
- Also doing business as: MUDITA ADVISORS, MUDITA MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: June 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/315593
- AdvisorCensus page: https://advisorcensus.com/firm/mudita-management-london-315593

## Quick answers

**How is Mudita Management compensated?**
On its Form ADV (Item 5.E, October 2026), Mudita Management 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 Mudita Management located?**
Mudita Management's principal office is in London, United Kingdom, according to its Form ADV.

**Is Mudita Management registered with the SEC or a state?**
Mudita Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315593.

**How much does Mudita Management manage?**
Mudita Management reports $2,383,326,953 in regulatory assets under management in its Form ADV filing dated June 3, 2026 (100% discretionary).

**How have Mudita Management's assets and staff changed since 2021?**
In the Form ADV data for Mudita Management: Regulatory assets under management: $319,675,598 in the October 2021 data and $2,383,326,953 in the October 2026 data, up 646%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mudita Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5); other (3).

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

**Does Mudita Management 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/315593

**What changed in Mudita Management's recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 4 to 5. Regulatory assets under management went from $1,256,540,335 to $2,383,326,953 (+90%).

## 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))
- 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: $2,383,326,953
- Discretionary: $2,383,326,953
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $2,278,970,715 |
| Other | 3 | $104,356,238 |

### 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: 2021 (5 years)
- Employees: 7 total, 5 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- muditaadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $319,675,598 | 5 | July 30, 2021 |
| October 2022 | $657,764,204 | 7 | June 23, 2022 |
| October 2023 | $771,841,775 | 6 | June 28, 2023 |
| October 2024 | $1,124,378,427 | 6 | May 17, 2024 |
| October 2025 | $1,256,540,335 | 6 | May 23, 2025 |
| October 2026 | $2,383,326,953 | 7 | June 3, 2026 |

Regulatory assets under management: $319,675,598 in the October 2021 data and $2,383,326,953 in the October 2026 data, up 646%.
Total employees: 5 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 4 to 5.
- Regulatory assets under management went from $1,256,540,335 to $2,383,326,953 (+90%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mudita Management (CRD 315593): Form ADV filing data as of October 2026.