# Wcas Management Corporation

> Wcas Management Corporation is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 26, 2026.

- CRD: 155695
- Filed as: WCAS MANAGEMENT CORPORATION
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/155695
- AdvisorCensus page: https://advisorcensus.com/firm/wcas-management-corporation-new-york-ny-155695

## Quick answers

**How is Wcas Management Corporation compensated?**
On its Form ADV (Item 5.E, October 2026), Wcas Management Corporation reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Wcas Management Corporation located?**
Wcas Management Corporation's principal office is in New York, NY, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Wcas Management Corporation registered with the SEC or a state?**
Wcas Management Corporation is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 155695.

**How much does Wcas Management Corporation manage?**
Wcas Management Corporation reports $14,896,139,555 in regulatory assets under management in its Form ADV filing dated May 26, 2026 (100% discretionary).

**How have Wcas Management Corporation's assets and staff changed since 2021?**
In the Form ADV data for Wcas Management Corporation: Regulatory assets under management: $10,267,529,623 in the October 2021 data and $14,896,139,555 in the October 2026 data, up 45%. Total employees: 80 in October 2021 and 105 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wcas Management Corporation serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (20).

**Does Wcas Management Corporation report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/155695

**What changed in Wcas Management Corporation's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $13,374,196,292 to $14,896,139,555 (+11%).

## 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: $14,896,139,555
- Discretionary: $14,896,139,555
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 20 | $14,896,139,555 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 105 total, 45 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/155695

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- wcas.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $10,267,529,623 | 80 | March 31, 2021 |
| October 2022 | $15,273,568,535 | 100 | May 24, 2022 |
| October 2023 | $15,840,782,449 | 100 | August 16, 2023 |
| October 2024 | $15,137,155,909 | 100 | July 12, 2024 |
| October 2025 | $13,374,196,292 | 105 | March 27, 2025 |
| October 2026 | $14,896,139,555 | 105 | May 26, 2026 |

Regulatory assets under management: $10,267,529,623 in the October 2021 data and $14,896,139,555 in the October 2026 data, up 45%.
Total employees: 80 in October 2021 and 105 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $13,374,196,292 to $14,896,139,555 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wcas Management Corporation (CRD 155695): Form ADV filing data as of October 2026.