# Xponance LLC

> Xponance LLC is an SEC-registered investment advisory firm in Philadelphia, PA, registered since 1996, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 3, 2026.

- CRD: 111126
- Filed as: XPONANCE LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Philadelphia, PA
- Filing period: October 2026
- Form ADV filing dated: September 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111126
- AdvisorCensus page: https://advisorcensus.com/firm/xponance-llc-philadelphia-pa-111126

## Quick answers

**How is Xponance LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Xponance LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Xponance LLC located?**
Xponance LLC's principal office is in Philadelphia, PA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Xponance LLC registered with the SEC or a state?**
Xponance LLC is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 111126.

**How much does Xponance LLC manage?**
Xponance LLC reports $24,266,430,710 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (99% discretionary).

**How have Xponance LLC's assets and staff changed since 2021?**
In the Form ADV data for Xponance LLC: Regulatory assets under management: $12,158,814,084 in the October 2021 data and $24,266,430,710 in the October 2026 data, up 100%. Total employees: 39 in October 2021 and 46 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Xponance LLC serve?**
By number of clients on Form ADV Item 5.D: charitable organizations (52); state or municipal government entities (including government pension plans) (42); pension and profit sharing plans (but not the plan participants or government pension plans) (19).

**Which custodians does Xponance LLC use?**
Xponance LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon, JPMorgan Chase Bank, State Street Bank & Trust Company and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Xponance LLC 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/111126

**What changed in Xponance LLC's recent Form ADV filings?**
In the May 2026 filing data: Registered or notice-filed in CA.

## 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))
- BNY Mellon
- JPMorgan Chase Bank
- State Street Bank & Trust Company
- The Northern Trust Company

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: $24,266,430,710
- Discretionary: $23,931,677,619
- Non-discretionary: $334,753,091

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 5 | $3,124,940 |
| High net worth individuals | 2 | $40,555,587 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $1,160,131,503 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 19 | $1,228,955,120 |
| Charitable organizations | 52 | $2,396,607,202 |
| State or municipal government entities (including government pension plans) | 42 | $18,722,960,926 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 3 | $47,107,920 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 6 | $666,987,512 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1996 (30 years)
- Employees: 46 total, 15 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CO, GA, IL, LA, MD, MI, NC, NY, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Durham, NC

### Websites listed on Form ADV (Item 1.I)
- [xponance.com](https://xponance.com)
- Facebook @XPONANCE
- Instagram @XPONANCE
- LinkedIn @XPONANCE
- X @XPONANCE
- YouTube @XPONANCE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $12,158,814,084 | 39 | March 31, 2021 |
| October 2022 | $14,863,352,766 | 36 | March 30, 2022 |
| October 2023 | $13,509,668,653 | 37 | March 24, 2023 |
| October 2024 | $16,611,528,774 | 39 | March 28, 2024 |
| October 2025 | $20,488,544,216 | 42 | April 8, 2025 |
| October 2026 | $24,266,430,710 | 46 | September 3, 2026 |

Regulatory assets under management: $12,158,814,084 in the October 2021 data and $24,266,430,710 in the October 2026 data, up 100%.
Total employees: 39 in October 2021 and 46 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Registered or notice-filed in CA.

### April 2026
- Regulatory assets under management went from $20,488,544,216 to $24,266,430,710 (+18%).
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Reported a succession: took over the business of Xponance, Inc. (CRD 111126) on January 2, 2026.
- Changed its legal name from Xponance, Inc. to Xponance LLC.

### January 2026
- No longer registered or notice-filed in CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Xponance LLC (CRD 111126): Form ADV filing data as of October 2026.