# STWD Investment Management, LLC

> STWD Investment Management, LLC is an SEC-registered investment advisory firm in Miami Beach, FL, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 4, 2026.

- CRD: 288615
- Filed as: STWD INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami Beach, FL
- Filing period: October 2026
- Form ADV filing dated: March 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288615
- AdvisorCensus page: https://advisorcensus.com/firm/stwd-investment-management-llc-miami-beach-fl-288615

## Quick answers

**How is STWD Investment Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), STWD Investment Management, LLC 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 STWD Investment Management, LLC located?**
STWD Investment Management, LLC's principal office is in Miami Beach, FL, according to its Form ADV; the April 2026 filing also lists 7 other offices (Schedule D, Section 1.F).

**Is STWD Investment Management, LLC registered with the SEC or a state?**
STWD Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 288615.

**How much does STWD Investment Management, LLC manage?**
STWD Investment Management, LLC reports $5,433,998,213 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (100% discretionary).

**How have STWD Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for STWD Investment Management, LLC: Regulatory assets under management: $3,213,934,732 in the October 2021 data and $5,433,998,213 in the October 2026 data, up 69%. Total employees: 139 in October 2021 and 139 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does STWD Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does STWD Investment Management, LLC 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/288615

**What changed in STWD Investment Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 110 to 126. Regulatory assets under management went from $4,731,375,386 to $5,433,998,213 (+15%). 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

### Regulatory assets under management (Item 5.F)
- Total: $5,433,998,213
- Discretionary: $5,433,998,213
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $5,433,998,213 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 139 total, 126 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Atlanta, GA
- Greenwich, CT
- Houston, TX
- Los Angeles, CA
- New York, NY
- San Francisco, CA
- Stamford, CT

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,213,934,732 | 139 | May 10, 2021 |
| October 2022 | $5,704,265,828 | 132 | September 12, 2022 |
| October 2023 | $6,356,058,262 | 125 | July 26, 2023 |
| October 2024 | $4,951,528,806 | 125 | March 28, 2024 |
| October 2025 | $4,731,375,386 | 129 | March 5, 2025 |
| October 2026 | $5,433,998,213 | 139 | March 4, 2026 |

Regulatory assets under management: $3,213,934,732 in the October 2021 data and $5,433,998,213 in the October 2026 data, up 69%.
Total employees: 139 in October 2021 and 139 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 110 to 126.
- Regulatory assets under management went from $4,731,375,386 to $5,433,998,213 (+15%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. STWD Investment Management, LLC (CRD 288615): Form ADV filing data as of October 2026.