SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
M.D. Sass, LLC
New York, NY
CRD 110590
Firm filing updated March 31, 2026 ·
- $2.1BAssets
- 10Advisory staff
- 83Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals44
- Pension and profit sharing plans20
- Corporations or other businesses7
- Charities4
- Pooled vehicles3
- and 1 more2
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 44 | $369.9 million |
| Investment companies | 2 | $54.5 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $242.9 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 20 | $1.0 billion |
| Charitable organizations | 4 | $79.8 million |
| Other investment advisors | Fewer than 5 clients | $75.3 million |
| Corporations or other businesses not listed above | 7 | $179.5 million |
| Other: "ENDOWMENT" | Fewer than 5 clients | $17.2 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 4 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$2.1 billion
- Accounts83
- DiscretionaryAll accounts
People
- Employees19
- Advisory staff10
- Broker-dealer reps4
- Licensed insurance agents0
Advisors
1 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 110590, SEC file 801-8663.
- Registered with the SEC as an investment advisor (status date on record: June 1, 1972).
Is M.D. Sass, LLC a fiduciary?
Short answer: M.D. Sass, LLC is registered with the SEC as an investment advisor. Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 4 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.