# Vestgen Investment Management

> Vestgen Investment Management is an SEC-registered investment advisory firm in Egg Harbor Twp., NJ, registered since 2002, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 14, 2026.

- CRD: 118851
- Filed as: VESTGEN INVESTMENT MANAGEMENT
- Legal name: Vestgen Investment Management, LLC
- Also doing business as: HANLON INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Egg Harbor Twp., NJ
- Filing period: October 2026
- Form ADV filing dated: April 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118851
- AdvisorCensus page: https://advisorcensus.com/firm/vestgen-investment-management-egg-harbor-twp-nj-118851

## Quick answers

**How is Vestgen Investment Management compensated?**
On its Form ADV (Item 5.E, October 2026), Vestgen Investment Management reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Vestgen Investment Management located?**
Vestgen Investment Management's principal office is in Egg Harbor Twp., NJ, according to its Form ADV.

**Is Vestgen Investment Management registered with the SEC or a state?**
Vestgen Investment Management is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 118851.

**How much does Vestgen Investment Management manage?**
Vestgen Investment Management reports $786,622,147 in regulatory assets under management in its Form ADV filing dated April 14, 2026 (47% discretionary).

**How have Vestgen Investment Management's assets and staff changed since 2021?**
In the Form ADV data for Vestgen Investment Management: Regulatory assets under management: $663,463,076 in the October 2021 data and $786,622,147 in the October 2026 data, up 19%. Total employees: 27 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Vestgen Investment Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,670); other (438); high net worth individuals (201).

**Which custodians does Vestgen Investment Management use?**
Vestgen Investment Management'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.

**Does Vestgen 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/118851

**What changed in Vestgen Investment Management's recent Form ADV filings?**
In the April 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(4)). Regulatory assets under management went from $705,329,658 to $786,622,147 (+12%). 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
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Pershing 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: $786,622,147
- Discretionary: $366,316,511
- Non-discretionary: $420,305,636

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,670 | $171,015,237 |
| High net worth individuals | 201 | $121,557,449 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 1 | $89,811,457 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 31 | $7,855,978 |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 22 | $9,664,159 |
| Other | 438 | $386,717,867 |

### Advisory services (Item 5.G)
- Financial planning services
- 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
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2002 (24 years)
- Employees: 21 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KY, MA, MD, ME, MI, MN, MO, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- hanlon.com
- vestgen.com
- vestgenim.com
- vgimfunds.com
- LinkedIn @33230540

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $663,463,076 | 27 | June 29, 2021 |
| October 2022 | $691,776,250 | 27 | March 21, 2022 |
| October 2023 | $584,478,105 | 27 | May 22, 2023 |
| October 2024 | $607,498,471 | 26 | April 30, 2024 |
| October 2025 | $705,329,658 | 21 | March 28, 2025 |
| October 2026 | $786,622,147 | 21 | April 14, 2026 |

Regulatory assets under management: $663,463,076 in the October 2021 data and $786,622,147 in the October 2026 data, up 19%.
Total employees: 27 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(4)).
- Regulatory assets under management went from $705,329,658 to $786,622,147 (+12%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vestgen Investment Management (CRD 118851): Form ADV filing data as of October 2026.