# WCM Investment Management

> WCM Investment Management is an SEC-registered investment advisory firm in Laguna Beach, CA, registered since 1976, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 31, 2026.

- CRD: 104702
- Filed as: WCM INVESTMENT MANAGEMENT
- Legal name: WCM Investment Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Laguna Beach, CA
- Filing period: October 2026
- Form ADV filing dated: August 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104702
- AdvisorCensus page: https://advisorcensus.com/firm/wcm-investment-management-laguna-beach-ca-104702

## Quick answers

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

**Where is WCM Investment Management located?**
WCM Investment Management's principal office is in Laguna Beach, CA, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is WCM Investment Management registered with the SEC or a state?**
WCM Investment Management is an SEC-registered investment advisory firm, registered since 1976. Status as filed: Approved. CRD 104702.

**How much does WCM Investment Management manage?**
WCM Investment Management reports $96,772,599,352 in regulatory assets under management in its Form ADV filing dated August 31, 2026 (100% discretionary).

**How have WCM Investment Management's assets and staff changed since 2021?**
In the Form ADV data for WCM Investment Management: Regulatory assets under management: $71,698,081,762 in the October 2021 data and $96,772,599,352 in the October 2026 data, up 35%. Total employees: 72 in October 2021 and 102 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does WCM Investment Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,991); high net worth individuals (1,720); corporations or other businesses not listed above (416).

**Which custodians does WCM Investment Management use?**
WCM Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JP Morgan Chase & Co. as a custodian holding 10% or more of its separately managed account assets.

**Does WCM 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/104702

**What changed in WCM Investment Management's recent Form ADV filings?**
In the September 2026 filing data: Added an office in Dallas, TX. No longer lists an office in Cincinnati, OH. 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

### Custodians (Schedule D, Section 5.K(3))
- JP Morgan Chase & Co.

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: $96,772,599,352
- Discretionary: $96,772,599,352
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3,991 | $1,842,491,710 |
| High net worth individuals | 1,720 | $5,593,430,329 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 35 | $34,150,535,099 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 128 | $22,783,615,736 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 102 | $7,204,063,040 |
| Charitable organizations | 286 | $3,050,575,133 |
| State or municipal government entities (including government pension plans) | 51 | $8,728,904,631 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 3 | $462,707,659 |
| Sovereign wealth funds and foreign official institutions | 3 | $5,417,927,429 |
| Corporations or other businesses not listed above | 416 | $7,538,348,586 |

### 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 pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 1976 (50 years)
- Employees: 102 total, 44 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Clayton, MO
- Dallas, TX

### Websites listed on Form ADV (Item 1.I)
- wcminvest.com
- LinkedIn @wcm-investment-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $71,698,081,762 | 72 | July 7, 2021 |
| October 2022 | $93,301,352,169 | 75 | July 6, 2022 |
| October 2023 | $60,537,932,174 | 79 | March 17, 2023 |
| October 2024 | $66,610,357,250 | 93 | March 15, 2024 |
| October 2025 | $74,688,235,740 | 102 | July 9, 2025 |
| October 2026 | $96,772,599,352 | 102 | August 31, 2026 |

Regulatory assets under management: $71,698,081,762 in the October 2021 data and $96,772,599,352 in the October 2026 data, up 35%.
Total employees: 72 in October 2021 and 102 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Added an office in Dallas, TX.
- No longer lists an office in Cincinnati, OH.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 49 to 44.
- Regulatory assets under management went from $74,688,235,740 to $96,772,599,352 (+30%).
- No longer lists an office in Denver, CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. WCM Investment Management (CRD 104702): Form ADV filing data as of October 2026.