{
  "crd_number": 107160,
  "slug": "payden-and-rygel-los-angeles-ca-107160",
  "primary_business_name": "PAYDEN & RYGEL",
  "legal_name": "PAYDEN & RYGEL",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1983-09-08",
  "years_registered": 43,
  "period": "2026-10-01",
  "filing_date": "2026-07-15",
  "carried_forward": false,
  "raum_total": 158227256697.0,
  "raum_discretionary": 158219441610.0,
  "raum_non_discretionary": 7815087.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 194,
  "advisory_employees": 122,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 532980226.0,
      "count": 20,
      "description": "HEALTH AND WELFARE PLANS"
    },
    "charitable": {
      "raum": 18209447359.0,
      "count": 105
    },
    "individuals": {
      "raum": 687161.0,
      "count": 5
    },
    "banking_thrift": {
      "raum": 2030110376.0,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 39388058306.0,
      "count": 42
    },
    "insurance_companies": {
      "raum": 19829704566.0,
      "count": 49
    },
    "investment_companies": {
      "raum": 9856453309.0,
      "count": 21
    },
    "pension_profit_sharing": {
      "raum": 26112845280.0,
      "count": 36
    },
    "high_net_worth_individuals": {
      "raum": 1789426381.0,
      "count": 82
    },
    "pooled_investment_vehicles": {
      "raum": 11517682756.0,
      "count": 27
    },
    "corporations_other_businesses": {
      "raum": 25591396745.0,
      "count": 85
    },
    "sovereign_wealth_foreign_official": {
      "raum": 3368464232.0,
      "count": 10
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "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",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/PAYDEN-&-RYGEL",
    "https://payden.com",
    "https://x.com/PAYDENRYGEL",
    "https://youtube.com/USER/PAYDENRYGEL"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107160",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/payden-and-rygel-los-angeles-ca-107160",
  "display_name": "Payden & Rygel",
  "summary": "Payden & Rygel is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 1983, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 15, 2026.",
  "citation": "AdvisorCensus. Payden & Rygel (CRD 107160): 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",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Payden & Rygel compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Payden & Rygel reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Payden & Rygel located?",
      "a": "Payden & Rygel's principal office is in Los Angeles, CA, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Payden & Rygel registered with the SEC or a state?",
      "a": "Payden & Rygel is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 107160."
    },
    {
      "q": "How much does Payden & Rygel manage?",
      "a": "Payden & Rygel reports $158,227,256,697 in regulatory assets under management in its Form ADV filing dated July 15, 2026 (100% discretionary)."
    },
    {
      "q": "How have Payden & Rygel's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Payden & Rygel: Regulatory assets under management: $134,308,511,299 in the October 2021 data and $158,227,256,697 in the October 2026 data, up 18%. Total employees: 187 in October 2021 and 194 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Payden & Rygel serve?",
      "a": "By number of clients on Form ADV Item 5.D: charitable organizations (105); corporations or other businesses not listed above (85); high net worth individuals (82)."
    },
    {
      "q": "Which custodians does Payden & Rygel use?",
      "a": "Payden & Rygel's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Bank and Trust Company, The Bank of New York Mellon, The Northern Trust Company and U.S. Bancorp as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Payden & Rygel report any disciplinary disclosures?",
      "a": "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/107160"
    },
    {
      "q": "What changed in Payden & Rygel's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 116 to 122."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 134308511299.0,
      "total_employees": 187,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 144706026342.0,
      "total_employees": 198,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 126894613939.0,
      "total_employees": 183,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 142283304330.0,
      "total_employees": 183,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 150947495804.0,
      "total_employees": 190,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 158227256697.0,
      "total_employees": 194,
      "filing_date": "2026-07-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 116 to 122."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "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
    },
    {
      "name": "The Northern Trust Company",
      "name_as_filed": "THE NORTHERN TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "U.S. Bancorp",
      "name_as_filed": "U.S. BANCORP",
      "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/payden-and-rygel-los-angeles-ca-107160.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 687161.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 82,
      "fewer_than_5": false,
      "raum": 1789426381.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 2030110376.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 21,
      "fewer_than_5": false,
      "raum": 9856453309.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 27,
      "fewer_than_5": false,
      "raum": 11517682756.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 36,
      "fewer_than_5": false,
      "raum": 26112845280.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 105,
      "fewer_than_5": false,
      "raum": 18209447359.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 42,
      "fewer_than_5": false,
      "raum": 39388058306.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 49,
      "fewer_than_5": false,
      "raum": 19829704566.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 10,
      "fewer_than_5": false,
      "raum": 3368464232.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 85,
      "fewer_than_5": false,
      "raum": 25591396745.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 20,
      "fewer_than_5": false,
      "raum": 532980226.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/107160",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}