# Ninety One North America, Inc.

> Ninety One North America, Inc. is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 167922
- Filed as: NINETY ONE NORTH AMERICA, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/167922
- AdvisorCensus page: https://advisorcensus.com/firm/ninety-one-north-america-inc-new-york-ny-167922

## Quick answers

**How is Ninety One North America, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Ninety One North America, Inc. 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 Ninety One North America, Inc. located?**
Ninety One North America, Inc.'s principal office is in New York, NY, according to its Form ADV.

**Is Ninety One North America, Inc. registered with the SEC or a state?**
Ninety One North America, Inc. is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 167922.

**How much does Ninety One North America, Inc. manage?**
Ninety One North America, Inc. reports $41,472,217,678 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (100% discretionary).

**How have Ninety One North America, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Ninety One North America, Inc.: Regulatory assets under management: $31,059,259,145 in the October 2021 data and $41,472,217,678 in the October 2026 data, up 34%. Total employees: 78 in October 2021 and 68 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ninety One North America, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (2,204); pooled investment vehicles (other than investment companies and business development companies) (40); pension and profit sharing plans (but not the plan participants or government pension plans) (23).

**Which custodians does Ninety One North America, Inc. use?**
Ninety One North America, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citigroup, State Street and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Ninety One North America, Inc. 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/167922

**What changed in Ninety One North America, Inc.'s recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## 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))
- Citigroup
- State Street
- The Northern Trust Company

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: $41,472,217,678
- Discretionary: $41,472,217,678
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 2,204 | $485,918,769 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 8 | $1,371,461,563 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 40 | $22,314,893,373 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 23 | $5,289,830,660 |
| Charitable organizations | 2 | $91,190,642 |
| State or municipal government entities (including government pension plans) | 3 | $1,188,751,300 |
| Other investment advisers | 16 | $6,321,543,558 |
| Insurance companies | 1 | $252,287,254 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1 | $10,698,164 |
| Other | 5 | $4,145,642,395 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 68 total, 39 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: 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, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [ninetyone.com/UNITED-STATES](https://ninetyone.com/UNITED-STATES)
- LinkedIn @ninetyone
- X @ninetyone_am
- YouTube @NinetyOneGlobal

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $31,059,259,145 | 78 | June 23, 2021 |
| October 2022 | $38,099,250,255 | 82 | June 29, 2022 |
| October 2023 | $31,668,833,621 | 84 | June 27, 2023 |
| October 2024 | $39,543,681,366 | 68 | September 30, 2024 |
| October 2025 | $38,736,618,699 | 67 | June 26, 2025 |
| October 2026 | $41,472,217,678 | 68 | September 30, 2026 |

Regulatory assets under management: $31,059,259,145 in the October 2021 data and $41,472,217,678 in the October 2026 data, up 34%.
Total employees: 78 in October 2021 and 68 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### July 2026
- Employees performing advisory functions went from 37 to 39.
- Registered or notice-filed in AK, AR, IA, ID, IL, KS, KY, ME, MO, MT, ND, OK, OR, PR, RI, SD, UT, VI, VT, WI, WV, WY.

### January 2026
- No longer registered or notice-filed in ID, OR, SD, WY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ninety One North America, Inc. (CRD 167922): Form ADV filing data as of October 2026.