{
  "crd_number": 124687,
  "slug": "neuberger-berman-investment-advisers-llc-new-york-ny-124687",
  "primary_business_name": "NEUBERGER BERMAN INVESTMENT ADVISERS LLC",
  "legal_name": "NEUBERGER BERMAN INVESTMENT ADVISERS LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-01-23",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-09-24",
  "carried_forward": false,
  "raum_total": 398649911459.0,
  "raum_discretionary": 395036058282.0,
  "raum_non_discretionary": 3613853177.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 1542,
  "advisory_employees": 646,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 692704195.0,
      "count": 69,
      "description": "PROPRIETARY ACCOUNT, US FEDERAL AGENCY"
    },
    "charitable": {
      "raum": 6000269905.0,
      "count": 991
    },
    "individuals": {
      "raum": 8852730569.0,
      "count": 24100
    },
    "banking_thrift": {
      "raum": 93528361.0,
      "count": 1
    },
    "state_municipal": {
      "raum": 27810783232.0,
      "count": 44
    },
    "insurance_companies": {
      "raum": 24051394774.0,
      "count": 62
    },
    "investment_companies": {
      "raum": 69734423603.0,
      "count": 72
    },
    "pension_profit_sharing": {
      "raum": 28486763414.0,
      "count": 710
    },
    "other_investment_advisers": {
      "raum": 3877739512.0,
      "count": 9
    },
    "high_net_worth_individuals": {
      "raum": 63035665143.0,
      "count": 15676
    },
    "pooled_investment_vehicles": {
      "raum": 142341395355.0,
      "count": 378
    },
    "corporations_other_businesses": {
      "raum": 14230894485.0,
      "count": 1828
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 9441618911.0,
      "count": 14
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "educational_seminars",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 1,
  "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",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV"
  ],
  "websites": [
    "https://linkedin.com/company/nbprivatewealth",
    "https://linkedin.com/company/neuberger-berman",
    "https://nb.com",
    "https://nbprivatewealth.com",
    "https://x.com/nb_wealth",
    "https://x.com/neubergerberman"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/124687",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "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?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/neuberger-berman-investment-advisers-llc-new-york-ny-124687",
  "display_name": "Neuberger Berman Investment Advisers LLC",
  "summary": "Neuberger Berman Investment Advisers LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2003, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 24, 2026.",
  "citation": "AdvisorCensus. Neuberger Berman Investment Advisers LLC (CRD 124687): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "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",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Neuberger Berman Investment Advisers LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Neuberger Berman Investment Advisers LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Neuberger Berman Investment Advisers LLC located?",
      "a": "Neuberger Berman Investment Advisers LLC's principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 9 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Neuberger Berman Investment Advisers LLC registered with the SEC or a state?",
      "a": "Neuberger Berman Investment Advisers LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124687."
    },
    {
      "q": "How much does Neuberger Berman Investment Advisers LLC manage?",
      "a": "Neuberger Berman Investment Advisers LLC reports $398,649,911,459 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (99% discretionary)."
    },
    {
      "q": "How have Neuberger Berman Investment Advisers LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Neuberger Berman Investment Advisers LLC: Regulatory assets under management: $316,913,659,312 in the October 2021 data and $398,649,911,459 in the October 2026 data, up 26%. Total employees: 1,387 in October 2021 and 1,542 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Neuberger Berman Investment Advisers LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (24,100); high net worth individuals (15,676); corporations or other businesses not listed above (1,828)."
    },
    {
      "q": "Which custodians does Neuberger Berman Investment Advisers LLC use?",
      "a": "Neuberger Berman Investment Advisers LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC, Northern Trust, State Street Bank and Trust Company and The Bank of New York Mellon as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Neuberger Berman Investment Advisers LLC report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). 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/124687"
    },
    {
      "q": "What changed in Neuberger Berman Investment Advisers LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 691 to 646."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 316913659312.0,
      "total_employees": 1387,
      "filing_date": "2021-07-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 365088265127.0,
      "total_employees": 1446,
      "filing_date": "2022-09-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 315321148238.0,
      "total_employees": 1596,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 337283181637.0,
      "total_employees": 1668,
      "filing_date": "2024-07-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 362691090132.0,
      "total_employees": 1668,
      "filing_date": "2025-05-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 398649911459.0,
      "total_employees": 1542,
      "filing_date": "2026-09-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 691 to 646."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Northern Trust",
      "name_as_filed": "NORTHERN TRUST",
      "affiliated": false
    },
    {
      "name": "State Street Bank and Trust Company",
      "name_as_filed": "STATE STREET BANK AND TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "The Bank of New York Mellon",
      "name_as_filed": "THE BANK OF NEW YORK MELLON",
      "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/neuberger-berman-investment-advisers-llc-new-york-ny-124687.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 24100,
      "fewer_than_5": false,
      "raum": 8852730569.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 15676,
      "fewer_than_5": false,
      "raum": 63035665143.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 1,
      "fewer_than_5": false,
      "raum": 93528361.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 72,
      "fewer_than_5": false,
      "raum": 69734423603.0
    },
    {
      "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": 378,
      "fewer_than_5": false,
      "raum": 142341395355.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 710,
      "fewer_than_5": false,
      "raum": 28486763414.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 991,
      "fewer_than_5": false,
      "raum": 6000269905.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 44,
      "fewer_than_5": false,
      "raum": 27810783232.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 9,
      "fewer_than_5": false,
      "raum": 3877739512.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 62,
      "fewer_than_5": false,
      "raum": 24051394774.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 14,
      "fewer_than_5": false,
      "raum": 9441618911.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1828,
      "fewer_than_5": false,
      "raum": 14230894485.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 69,
      "fewer_than_5": false,
      "raum": 692704195.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "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/124687",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}