# Towers Watson Investment Management

> Towers Watson Investment Management is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2013, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 18, 2026.

- CRD: 168493
- Filed as: TOWERS WATSON INVESTMENT MANAGEMENT
- Legal name: Towers Watson Investment Management Limited
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: June 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168493
- AdvisorCensus page: https://advisorcensus.com/firm/towers-watson-investment-management-london-168493

## Quick answers

**How is Towers Watson Investment Management compensated?**
On its Form ADV (Item 5.E, October 2026), Towers Watson Investment Management 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 Towers Watson Investment Management located?**
Towers Watson Investment Management's principal office is in London, United Kingdom, according to its Form ADV; the July 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Towers Watson Investment Management registered with the SEC or a state?**
Towers Watson Investment Management is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 168493.

**How much does Towers Watson Investment Management manage?**
Towers Watson Investment Management reports $24,323,000,000 in regulatory assets under management in its Form ADV filing dated June 18, 2026 (100% discretionary).

**How have Towers Watson Investment Management's assets and staff changed since 2021?**
In the Form ADV data for Towers Watson Investment Management: Regulatory assets under management: $33,318,000,000 in the October 2021 data and $24,323,000,000 in the October 2026 data, down 27%. Total employees: 53 in October 2021 and 145 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Towers Watson Investment Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13).

**Does Towers Watson Investment 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/168493

**What changed in Towers Watson Investment Management's recent Form ADV filings?**
In the April 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

### Regulatory assets under management (Item 5.F)
- Total: $24,323,000,000
- Discretionary: $24,323,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $24,323,000,000 |

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

### Firm details
- Registered since: 2013 (12 years)
- Employees: 145 total, 18 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Leeds
- Reigate

### Websites listed on Form ADV (Item 1.I)
- [wtwco.com](https://wtwco.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $33,318,000,000 | 53 | March 31, 2021 |
| October 2022 | $35,580,000,000 | 53 | March 30, 2022 |
| October 2023 | $24,837,000,000 | 53 | March 28, 2023 |
| October 2024 | $23,542,862,000 | 94 | May 16, 2024 |
| October 2025 | $23,920,000,000 | 161 | March 25, 2025 |
| October 2026 | $24,323,000,000 | 145 | June 18, 2026 |

Regulatory assets under management: $33,318,000,000 in the October 2021 data and $24,323,000,000 in the October 2026 data, down 27%.
Total employees: 53 in October 2021 and 145 in October 2026.

## Changes in the filing (last 12 months)

### April 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. Towers Watson Investment Management (CRD 168493): Form ADV filing data as of October 2026.