# Stonehage Fleming

> Stonehage Fleming is an SEC-registered investment advisory firm in London, Greater London, United Kingdom, registered since 2021, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.

- CRD: 313913
- Filed as: STONEHAGE FLEMING
- Legal name: Stonehage Fleming Investment Management Limited
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, Greater London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/313913
- AdvisorCensus page: https://advisorcensus.com/firm/stonehage-fleming-london-greater-london-313913

## Quick answers

**How is Stonehage Fleming compensated?**
On its Form ADV (Item 5.E, October 2026), Stonehage Fleming 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 Stonehage Fleming located?**
Stonehage Fleming's principal office is in London, Greater London, United Kingdom, according to its Form ADV.

**Is Stonehage Fleming registered with the SEC or a state?**
Stonehage Fleming is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313913.

**How much does Stonehage Fleming manage?**
Stonehage Fleming reports $23,839,017,005 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (72% discretionary).

**How have Stonehage Fleming's assets and staff changed since 2022?**
In the Form ADV data for Stonehage Fleming: Regulatory assets under management: $14,430,087,655 in the October 2022 data and $23,839,017,005 in the October 2026 data, up 65%. Total employees: 62 in October 2022 and 110 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Stonehage Fleming serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (291); individuals (other than high net worth individuals) (243); investment companies (97).

**Which custodians does Stonehage Fleming use?**
Stonehage Fleming's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Multrees, Stonehage Fleming Dealing & Treasury Services (affiliated with the firm) and UBS as custodians holding 10% or more of its separately managed account assets.

**Does Stonehage Fleming 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/313913

**What changed in Stonehage Fleming's recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $19,491,227,077 to $23,839,017,005 (+22%). 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))
- Multrees
- Stonehage Fleming Dealing & Treasury Services (affiliated with the firm)
- UBS

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: $23,839,017,005
- Discretionary: $17,151,004,188
- Non-discretionary: $6,688,012,817

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 243 | $77,149,865 |
| High net worth individuals | 291 | $12,515,608,267 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 97 | $6,695,980,670 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 13 | $2,133,776,356 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 20 | $649,113,074 |
| Other | 61 | $1,767,388,773 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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)

### Firm details
- Registered since: 2021 (4 years)
- Employees: 110 total, 52 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- stonehagefleming.com
- LinkedIn @stonehagefleming

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $14,430,087,655 | 62 | September 26, 2022 |
| October 2023 | $15,134,395,866 | 62 | June 26, 2023 |
| October 2024 | $18,260,760,156 | 96 | August 8, 2024 |
| October 2025 | $19,491,227,077 | 100 | June 25, 2025 |
| October 2026 | $23,839,017,005 | 110 | June 29, 2026 |

Regulatory assets under management: $14,430,087,655 in the October 2022 data and $23,839,017,005 in the October 2026 data, up 65%.
Total employees: 62 in October 2022 and 110 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $19,491,227,077 to $23,839,017,005 (+22%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stonehage Fleming (CRD 313913): Form ADV filing data as of October 2026.