{
  "crd_number": 105690,
  "slug": "tocqueville-asset-management-lp-new-york-ny-105690",
  "primary_business_name": "TOCQUEVILLE ASSET MANAGEMENT LP",
  "legal_name": "TOCQUEVILLE ASSET MANAGEMENT LP",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1990-04-27",
  "years_registered": 36,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 10239765232.0,
  "raum_discretionary": 9316887464.0,
  "raum_non_discretionary": 922877768.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 73,
  "advisory_employees": 35,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 1176631427.0,
      "count": 42
    },
    "individuals": {
      "raum": 53881121.0,
      "count": 418
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 290893515.0,
      "count": 6
    },
    "insurance_companies": {
      "raum": 181534379.0,
      "count": 5
    },
    "investment_companies": {
      "raum": 956213293.0,
      "count": 3
    },
    "pension_profit_sharing": {
      "raum": 599656746.0,
      "count": 15
    },
    "other_investment_advisers": {
      "raum": 774889478.0,
      "count": 6
    },
    "high_net_worth_individuals": {
      "raum": 5672225602.0,
      "count": 741
    },
    "pooled_investment_vehicles": {
      "raum": 254265135.0,
      "count": 8
    },
    "corporations_other_businesses": {
      "raum": 279574536.0,
      "count": 26
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "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"
  ],
  "websites": [
    "https://facebook.com/TOCQUEVILLE-ASSET-MANAGEMENT-1496013407308858",
    "https://linkedin.com/COMPANY/43419",
    "https://poplarforestfunds.com",
    "https://tocqueville.com",
    "https://twitter.com/TOCQUEVILLEAM"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105690",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/tocqueville-asset-management-lp-new-york-ny-105690",
  "display_name": "Tocqueville Asset Management LP",
  "summary": "Tocqueville Asset Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 1990, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Tocqueville Asset Management LP (CRD 105690): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Tocqueville Asset Management LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Tocqueville Asset Management LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Tocqueville Asset Management LP located?",
      "a": "Tocqueville Asset Management LP's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Tocqueville Asset Management LP registered with the SEC or a state?",
      "a": "Tocqueville Asset Management LP is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 105690."
    },
    {
      "q": "How much does Tocqueville Asset Management LP manage?",
      "a": "Tocqueville Asset Management LP reports $10,239,765,232 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (91% discretionary)."
    },
    {
      "q": "How have Tocqueville Asset Management LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Tocqueville Asset Management LP: Regulatory assets under management: $9,074,092,136 in the October 2021 data and $10,239,765,232 in the October 2026 data, up 13%. Total employees: 81 in October 2021 and 73 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Tocqueville Asset Management LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (741); individuals (other than high net worth individuals) (418); charitable organizations (42)."
    },
    {
      "q": "Which custodians does Tocqueville Asset Management LP use?",
      "a": "Tocqueville Asset Management LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Tocqueville Asset Management LP report any disciplinary disclosures?",
      "a": "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/105690"
    },
    {
      "q": "What changed in Tocqueville Asset Management LP's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 41 to 35."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 9074092136.0,
      "total_employees": 81,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 9640827748.0,
      "total_employees": 80,
      "filing_date": "2022-06-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 7944106626.0,
      "total_employees": 75,
      "filing_date": "2023-08-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 8867921379.0,
      "total_employees": 74,
      "filing_date": "2024-03-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 9660385107.0,
      "total_employees": 77,
      "filing_date": "2025-06-04"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 10239765232.0,
      "total_employees": 73,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 41 to 35."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/tocqueville-asset-management-lp-new-york-ny-105690.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 418,
      "fewer_than_5": false,
      "raum": 53881121.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 741,
      "fewer_than_5": false,
      "raum": 5672225602.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 956213293.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 254265135.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 599656746.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 42,
      "fewer_than_5": false,
      "raum": 1176631427.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 290893515.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 6,
      "fewer_than_5": false,
      "raum": 774889478.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 5,
      "fewer_than_5": false,
      "raum": 181534379.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 26,
      "fewer_than_5": false,
      "raum": 279574536.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105690",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}