# Mutual of America Capital Management LLC

> Mutual of America Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1993, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 106523
- Filed as: MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106523
- AdvisorCensus page: https://advisorcensus.com/firm/mutual-of-america-capital-management-llc-new-york-ny-106523

## Quick answers

**How is Mutual of America Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Mutual of America 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 Mutual of America Capital Management LLC located?**
Mutual of America Capital Management LLC's principal office is in New York, NY, according to its Form ADV.

**Is Mutual of America Capital Management LLC registered with the SEC or a state?**
Mutual of America Capital Management LLC is an SEC-registered investment advisory firm, registered since 1993. Status as filed: Approved. CRD 106523.

**How much does Mutual of America Capital Management LLC manage?**
Mutual of America Capital Management LLC reports $20,125,554,890 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Mutual of America Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Mutual of America Capital Management LLC: Regulatory assets under management: $19,718,021,852 in the October 2021 data and $20,125,554,890 in the October 2026 data, up 2%. Total employees: 32 in October 2021 and 37 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mutual of America Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (2).

**Which custodians does Mutual of America Capital Management LLC use?**
Mutual of America Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Bank of New York Mellon Corporation as a custodian holding 10% or more of its separately managed account assets.

**Does Mutual of America Capital Management LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106523

**What changed in Mutual of America Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 24 to 22.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- The Bank of New York Mellon Corporation

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: $20,125,554,890
- Discretionary: $20,125,554,890
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 2 | $15,374,964,879 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $66,299,116 |
| Insurance companies | Fewer than 5 | $4,679,254,102 |
| Other | Fewer than 5 | $5,036,793 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1993 (33 years)
- Employees: 37 total, 22 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106523

### Websites listed on Form ADV (Item 1.I)
- [m.mutualofamerica.com](https://m.mutualofamerica.com)
- [moacapitalmanagement.com](https://moacapitalmanagement.com)
- [moafunds.com](https://moafunds.com)
- [mutualofamerica.com](https://mutualofamerica.com)
- Facebook @MUTUALOFAMERICA
- LinkedIn @moacapitalmanagement
- LinkedIn @mutualofamerica
- X @mutualofamerica
- YouTube @MutualofAmericaFinancialGroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $19,718,021,852 | 32 | March 31, 2021 |
| October 2022 | $21,373,332,189 | 33 | July 14, 2022 |
| October 2023 | $17,951,765,064 | 32 | April 5, 2023 |
| October 2024 | $18,109,951,552 | 34 | August 28, 2024 |
| October 2025 | $19,170,821,878 | 31 | May 7, 2025 |
| October 2026 | $20,125,554,890 | 37 | March 31, 2026 |

Regulatory assets under management: $19,718,021,852 in the October 2021 data and $20,125,554,890 in the October 2026 data, up 2%.
Total employees: 32 in October 2021 and 37 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 24 to 22.

### January 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. Mutual of America Capital Management LLC (CRD 106523): Form ADV filing data as of October 2026.