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.
Payden & Rygel
Los Angeles, CA
CRD 107160
Firm filing updated July 15, 2026 ·
- $158.2BAssets
- 122Advisory staff
- 895Accounts
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
- Charities105
- Corporations or other businesses85
- High net worth individuals82
- Insurance companies49
- State or municipal government entities (including government pension plans)42
- and 5 more99
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 5 | $687,161 |
| High net worth individuals | 82 | $1.8 billion |
| Banking or thrift institutions | Fewer than 5 clients | $2.0 billion |
| Investment companies | 21 | $9.9 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 27 | $11.5 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 36 | $26.1 billion |
| Charitable organizations | 105 | $18.2 billion |
| State or municipal government entities (including government pension plans) | 42 | $39.4 billion |
| Insurance companies | 49 | $19.8 billion |
| Sovereign wealth funds and foreign official institutions | 10 | $3.4 billion |
| Corporations or other businesses not listed above | 85 | $25.6 billion |
| Other: "HEALTH AND WELFARE PLANS" | 20 | $533.0 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 5 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "PORTFOLIO MANAGEMENT FOR PENSION AND PROFIT SHARING PLANS"
- 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
- Other: "PORTFOLIO MANAGEMENT FOR PENSION AND PROFIT SHARING PLANS"
Assets and accounts
- Regulatory assets$158.2 billion
- Accounts895
- Discretionary$158.2 billion · 865 accounts
- Non-discretionary$7.8 million · 30 accounts
People
- Employees194
- Advisory staff122
- Broker-dealer reps50
- Licensed insurance agents0
Advisors
7 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 107160, SEC file 801-19762.
- Registered with the SEC as an investment advisor (status date on record: September 8, 1983).
Is Payden & Rygel a fiduciary?
Short answer: Payden & Rygel 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: 50 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.