# SVB Asset Management

> SVB Asset Management is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2003, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.

- CRD: 124567
- Filed as: SVB ASSET MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124567
- AdvisorCensus page: https://advisorcensus.com/firm/svb-asset-management-san-francisco-ca-124567

## Quick answers

**How is SVB Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), SVB Asset Management reports these compensation arrangements: a percentage of assets under its management; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is SVB Asset Management located?**
SVB Asset Management's principal office is in San Francisco, CA, according to its Form ADV; the October 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is SVB Asset Management registered with the SEC or a state?**
SVB Asset Management is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124567.

**How much does SVB Asset Management manage?**
SVB Asset Management reports $32,316,444,668 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (100% discretionary).

**How have SVB Asset Management's assets and staff changed since 2021?**
In the Form ADV data for SVB Asset Management: Regulatory assets under management: $69,360,712,554 in the October 2021 data and $32,316,444,668 in the October 2026 data, down 53%. Total employees: 72 in October 2021 and 24 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does SVB Asset Management serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (454); insurance companies (3); other investment advisers (1).

**Which custodians does SVB Asset Management use?**
SVB Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists US Bank Institutional Trust & Custody as a custodian holding 10% or more of its separately managed account assets.

**Does SVB Asset Management 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/124567

**What changed in SVB Asset Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 104 to 24. No longer lists an office in Atlanta, GA. No longer lists an office in Bangalore. No longer lists an office in Denver, CO. No longer lists an office in Houston, TX. No longer lists an office in New York, NY. No longer lists an office in Pasadena, CA. No longer lists an office in Phoenix, AZ. No longer lists an office in Raleigh, NC. No longer lists an office in San Diego, CA. No longer lists an office in Santa Monica, CA. No longer lists an office in Seattle, WA. No longer lists an office in West Conshohocken, PA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Other

### Custodians (Schedule D, Section 5.K(3))
- US Bank Institutional Trust & Custody

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: $32,316,444,668
- Discretionary: $32,316,444,668
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 1 | $1,510,099 |
| Insurance companies | 3 | $39,427,431 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 454 | $32,275,507,138 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2003 (23 years)
- Employees: 24 total, 24 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, FL, GA, IL, MA, MD, MN, NC, NJ, NY, OH, OR, PA, TX, UT, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Boston, MA
- Charlotte, NC
- Chicago, IL
- Irvine, CA
- Salt Lake City, UT
- Santa Clara, CA

### Websites listed on Form ADV (Item 1.I)
- svb.com/LIQUIDITY-MANAGEMENT/SVB-ASSET-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $69,360,712,554 | 72 | July 30, 2021 |
| October 2022 | $85,475,283,656 | 88 | September 1, 2022 |
| October 2023 | $44,429,541,243 | 106 | August 18, 2023 |
| October 2024 | $32,085,958,361 | 106 | March 29, 2024 |
| October 2025 | $32,960,320,956 | 104 | April 23, 2025 |
| October 2026 | $32,316,444,668 | 24 | September 18, 2026 |

Regulatory assets under management: $69,360,712,554 in the October 2021 data and $32,316,444,668 in the October 2026 data, down 53%.
Total employees: 72 in October 2021 and 24 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 104 to 24.
- No longer lists an office in Atlanta, GA.
- No longer lists an office in Bangalore.
- No longer lists an office in Denver, CO.
- No longer lists an office in Houston, TX.
- No longer lists an office in New York, NY.
- No longer lists an office in Pasadena, CA.
- No longer lists an office in Phoenix, AZ.
- No longer lists an office in Raleigh, NC.
- No longer lists an office in San Diego, CA.
- No longer lists an office in Santa Monica, CA.
- No longer lists an office in Seattle, WA.
- No longer lists an office in West Conshohocken, PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. SVB Asset Management (CRD 124567): Form ADV filing data as of October 2026.