# Twin Capital Management Inc

> Twin Capital Management Inc is an SEC-registered investment advisory firm in McMurray, PA, registered since 1990, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 104748
- Filed as: TWIN CAPITAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: McMurray, PA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104748
- AdvisorCensus page: https://advisorcensus.com/firm/twin-capital-management-inc-mcmurray-pa-104748

## Quick answers

**How is Twin Capital Management Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Twin Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Twin Capital Management Inc located?**
Twin Capital Management Inc's principal office is in McMurray, PA, according to its Form ADV.

**Is Twin Capital Management Inc registered with the SEC or a state?**
Twin Capital Management Inc is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 104748.

**How much does Twin Capital Management Inc manage?**
Twin Capital Management Inc reports $837,792,290 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (98% discretionary).

**How have Twin Capital Management Inc's assets and staff changed since 2021?**
In the Form ADV data for Twin Capital Management Inc: Regulatory assets under management: $1,113,321,688 in the October 2021 data and $837,792,290 in the October 2026 data, down 25%. Total employees: 9 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Twin Capital Management Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (35); state or municipal government entities (including government pension plans) (12); pension and profit sharing plans (but not the plan participants or government pension plans) (10).

**Which custodians does Twin Capital Management Inc use?**
Twin Capital Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists PNC Bank, State Street, The Bank of New York Mellon and US Bank as custodians holding 10% or more of its separately managed account assets.

**Does Twin Capital Management Inc 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/104748

**What changed in Twin Capital Management Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $935,805,699 to $837,792,290 (-10%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- PNC Bank
- State Street
- The Bank of New York Mellon
- US Bank

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: $837,792,290
- Discretionary: $824,428,081
- Non-discretionary: $13,364,209

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 35 | $110,264,323 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $320,954,621 |
| Charitable organizations | 5 | $60,320,535 |
| State or municipal government entities (including government pension plans) | 12 | $342,421,388 |
| Corporations or other businesses not listed above | Fewer than 5 | $3,831,423 |

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

### Firm details
- Registered since: 1990 (36 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- twincapital.com
- LinkedIn @twincapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,113,321,688 | 9 | March 29, 2021 |
| October 2022 | $1,014,180,446 | 9 | March 30, 2022 |
| October 2023 | $793,708,727 | 8 | March 30, 2023 |
| October 2024 | $784,511,389 | 8 | March 29, 2024 |
| October 2025 | $935,805,699 | 8 | March 28, 2025 |
| October 2026 | $837,792,290 | 8 | March 30, 2026 |

Regulatory assets under management: $1,113,321,688 in the October 2021 data and $837,792,290 in the October 2026 data, down 25%.
Total employees: 9 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $935,805,699 to $837,792,290 (-10%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Twin Capital Management Inc (CRD 104748): Form ADV filing data as of October 2026.