# TCW Investment Management Company LLC

> TCW Investment Management Company LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 1987, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 5, 2026.

- CRD: 106546
- Filed as: TCW INVESTMENT MANAGEMENT COMPANY LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: May 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106546
- AdvisorCensus page: https://advisorcensus.com/firm/tcw-investment-management-company-llc-los-angeles-ca-106546

## Quick answers

**How is TCW Investment Management Company LLC compensated?**
On its Form ADV (Item 5.E, October 2026), TCW Investment Management Company LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is TCW Investment Management Company LLC located?**
TCW Investment Management Company LLC's principal office is in Los Angeles, CA, according to its Form ADV; the June 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is TCW Investment Management Company LLC registered with the SEC or a state?**
TCW Investment Management Company LLC is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 106546.

**How much does TCW Investment Management Company LLC manage?**
TCW Investment Management Company LLC reports $38,819,514,389 in regulatory assets under management in its Form ADV filing dated May 5, 2026 (100% discretionary).

**How have TCW Investment Management Company LLC's assets and staff changed since 2021?**
In the Form ADV data for TCW Investment Management Company LLC: Regulatory assets under management: $47,064,193,256 in the October 2021 data and $38,819,514,389 in the October 2026 data, down 18%. Total employees: 384 in October 2021 and 405 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TCW Investment Management Company LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4,748); corporations or other businesses not listed above (71); charitable organizations (48).

**Which custodians does TCW Investment Management Company LLC use?**
TCW Investment Management Company LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JPMorgan Chase, NA, Northern Trust and UBS as custodians holding 10% or more of its separately managed account assets.

**Does TCW Investment Management Company 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/106546

**What changed in TCW Investment Management Company LLC's recent Form ADV filings?**
In the June 2026 filing data: 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))
- JPMorgan Chase, NA
- Northern Trust
- 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: $38,819,514,389
- Discretionary: $38,819,514,389
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4,748 | $2,424,701,843 |
| High net worth individuals | 15 | $106,653,921 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 12 | $29,484,936,310 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $6,088,299,408 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 40 | $514,343,585 |
| Charitable organizations | 48 | $77,856,802 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 1 | $297,171 |
| Sovereign wealth funds and foreign official institutions | 1 | $1,268,054 |
| Corporations or other businesses not listed above | 71 | $121,157,295 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 1987 (39 years)
- Employees: 405 total, 114 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: 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, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Boston, MA
- Danville, CA
- London
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- tcw.com
- LinkedIn @THETCWGROUP
- LinkedIn @tcw-etfs
- X @TCWETFs
- X @TCWGroup
- YouTube @TCWGroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $47,064,193,256 | 384 | March 29, 2021 |
| October 2022 | $52,502,736,190 | 399 | March 29, 2022 |
| October 2023 | $37,893,595,680 | 410 | October 2, 2023 |
| October 2024 | $39,896,609,596 | 403 | May 22, 2024 |
| October 2025 | $40,149,916,771 | 419 | March 28, 2025 |
| October 2026 | $38,819,514,389 | 405 | May 5, 2026 |

Regulatory assets under management: $47,064,193,256 in the October 2021 data and $38,819,514,389 in the October 2026 data, down 18%.
Total employees: 384 in October 2021 and 405 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 126 to 114.
- Added an office in Boston, MA.
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TCW Investment Management Company LLC (CRD 106546): Form ADV filing data as of October 2026.