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.
Metropolitan West Asset Management LLC
Los Angeles, CA
CRD 104571
Firm filing updated May 5, 2026 ·
- $78.5BAssets
- 91Clients
- 86Advisory staff
- 107Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Pooled vehicles40
- State or municipal government entities (including government pension plans)14
- Charities13
- Insurance companies9
- Investment companies8
- and 3 more7
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 1 | $69.4 million |
| Investment companies | 8 | $54.8 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 40 | $8.5 billion |
| Charitable organizations | 13 | $4.7 billion |
| State or municipal government entities (including government pension plans) | 14 | $6.5 billion |
| Insurance companies | 9 | $1.9 billion |
| Sovereign wealth funds and foreign official institutions | 2 | $287.1 million |
| Corporations or other businesses not listed above | 4 | $1.9 billion |
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 businesses (other than small businesses) or institutional clients
See all 4 services
- Other: "PORTFOLIO MANAGEMENT FOR WRAP FEE PROGRAMS."
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "PORTFOLIO MANAGEMENT FOR WRAP FEE PROGRAMS."
Assets and accounts
- Regulatory assets$78.5 billion
- Accounts107
- Discretionary$78.5 billion · 105 accounts
- Non-discretionary$202,597 · 2 accounts
People
- Employees377
- Advisory staff86
- Broker-dealer reps78
- Licensed insurance agents0
Registration details
- SEC-registered investment advisor. CRD 104571, SEC file 801-53332.
- Registered with the SEC as an investment advisor (status date on record: November 29, 1996).
Is Metropolitan West Asset Management LLC a fiduciary?
Short answer: Metropolitan West Asset Management LLC is registered with the SEC as an investment advisor.
More detail
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.
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: 78 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 has a related insurance company or agency.
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.