AdvisorCensus / Financial advisors / Polar Capital
Polar Capital is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 25, 2026.
Quick answers
From the filingHow is Polar Capital compensated?
On its Form ADV (Item 5.E, October 2026), Polar Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
What does Polar Capital's brochure say about its fees?
Its Form ADV Part 2A brochure dated June 25, 2026 states: Asset-based fee: 0.375% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Polar Capital located?
Polar Capital's principal office is in London, United Kingdom, according to its Form ADV; the July 2026 filing also lists 6 other offices (Schedule D, Section 1.F).
Is Polar Capital registered with the SEC or a state?
Polar Capital is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 136133.
How much does Polar Capital manage?
Polar Capital reports $43,257,044,094 in regulatory assets under management in its Form ADV filing dated June 25, 2026 (100% discretionary).
How have Polar Capital's assets and staff changed since 2021?
In the Form ADV data for Polar Capital: Regulatory assets under management: $28,561,268,705 in the October 2021 data and $43,257,044,094 in the October 2026 data, up 51%. Total employees: 168 in October 2021 and 196 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Polar Capital serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (25); other (8); investment companies (2).
Does Polar Capital 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/136133
What changed in Polar Capital's recent Form ADV filings?
In the July 2026 filing data: Employees performing advisory functions went from 58 to 56. Regulatory assets under management went from $29,114,690,367 to $43,257,044,094 (+49%). Changed its office addresses in Zurich. Added an office in Providence, RI. No longer lists an office in Darien, CT. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 0.375% to 1.5% a year (a range, as the brochure states it)
The brochure's wording
Polar Capital charges each Polar Fund, in the aggregate, a management fee (ranging between 0.375 and 1.5 percent annually) and a performance fee (see Item 6), as specifically described in each Polar Fund’s prospectus.
As stated in the firm's Form ADV Part 2A brochure dated June 25, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$43,257,044,094 as of October 2026, filing dated June 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Polar Capital LLP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2005 (21 years)
- Employees
- Total: 196. Performing investment advisory functions: 56.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
6 other offices, as of the July 2026 filing
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $43,257,044,094 | 196 | June 25, 2026 |
| October 2025 | $29,114,690,367 | 199 | June 26, 2025 |
| October 2024 | $29,217,205,919 | 193 | June 28, 2024 |
| October 2023 | $25,143,811,914 | 192 | June 30, 2023 |
| October 2022 | $30,348,286,115 | 194 | June 21, 2022 |
| October 2021 | $28,561,268,705 | 168 | June 29, 2021 |
Regulatory assets under management: $28,561,268,705 in the October 2021 data and $43,257,044,094 in the October 2026 data, up 51%.
Total employees: 168 in October 2021 and 196 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- July 2026
- Employees performing advisory functions went from 58 to 56.
- Regulatory assets under management went from $29,114,690,367 to $43,257,044,094 (+49%).
- Changed its office addresses in Zurich.
- Added an office in Providence, RI.
- No longer lists an office in Darien, CT.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Polar Capital (CRD 136133): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/polar-capital-london-136133