# Torray Investment Partners LLC

> Torray Investment Partners LLC is an SEC-registered investment advisory firm in Bethesda, MD, registered since 1972, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 14, 2026.

- CRD: 105818
- Filed as: TORRAY INVESTMENT PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bethesda, MD
- Filing period: October 2026
- Form ADV filing dated: July 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105818
- AdvisorCensus page: https://advisorcensus.com/firm/torray-investment-partners-llc-bethesda-md-105818

## Quick answers

**How is Torray Investment Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Torray Investment Partners LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Torray Investment Partners LLC located?**
Torray Investment Partners LLC's principal office is in Bethesda, MD, according to its Form ADV.

**Is Torray Investment Partners LLC registered with the SEC or a state?**
Torray Investment Partners LLC is an SEC-registered investment advisory firm, registered since 1972. Status as filed: Approved. CRD 105818.

**How much does Torray Investment Partners LLC manage?**
Torray Investment Partners LLC reports $750,096,507 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (98% discretionary).

**How have Torray Investment Partners LLC's assets and staff changed since 2021?**
In the Form ADV data for Torray Investment Partners LLC: Regulatory assets under management: $646,529,050 in the October 2021 data and $750,096,507 in the October 2026 data, up 16%. Total employees: 13 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Torray Investment Partners LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (463); high net worth individuals (63); corporations or other businesses not listed above (22).

**Which custodians does Torray Investment Partners LLC use?**
Torray Investment Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and J.P. Morgan Securities LLC as custodians holding 10% or more of its separately managed account assets.

**Does Torray Investment Partners 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/105818

**What changed in Torray Investment Partners LLC's recent Form ADV filings?**
In the August 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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- J.P. Morgan Securities LLC

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: $750,096,507
- Discretionary: $735,201,324
- Non-discretionary: $14,895,183

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 463 | $134,729,467 |
| High net worth individuals | 63 | $233,672,701 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $340,307,024 |
| 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 | Fewer than 5 | $4,800,357 |
| 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 | 22 | $36,586,958 |
| 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 businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1972 (54 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, CA, CT, DC, DE, FL, GA, LA, MA, MD, NC, NE, NH, NY, SC, SD, TX, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- funds.torray.com
- torray.com
- LinkedIn @torray-investment-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $646,529,050 | 13 | June 30, 2021 |
| October 2022 | $711,096,194 | 10 | March 17, 2022 |
| October 2023 | $581,045,852 | 11 | October 4, 2023 |
| October 2024 | $657,262,582 | 11 | March 11, 2024 |
| October 2025 | $725,813,254 | 10 | July 25, 2025 |
| October 2026 | $750,096,507 | 10 | July 14, 2026 |

Regulatory assets under management: $646,529,050 in the October 2021 data and $750,096,507 in the October 2026 data, up 16%.
Total employees: 13 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

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

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Torray Investment Partners LLC (CRD 105818): Form ADV filing data as of October 2026.