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WESTERN ASSET MANAGEMENT COMPANY
Legal name: WESTERN ASSET MANAGEMENT COMPANY, LLC
CRD 110441File 801-8162
APPROVED
Retail clients
Custody
Disclosure events
Filing as of Sep 16, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$184.99B
Top 10% of cohort (national)
Discretionary AUM
$181.38B
Non-discretionary $3.61B
Clients
31,897
31,897 accounts
Employees
137
Top 10% of cohort in CA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- LARO
- Registration date
- Dec 17, 1971
- Principal office
- 385 E. COLORADO BLVD., PASADENA, CA, 91101
- Phone
- 626-844-9400
- Website
- http://www.westernasset.com/
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $184.99B
- Discretionary AUM
- $181.38B
- Non-discretionary AUM
- $3.61B
- Discretionary accounts
- 31,895
- Non-discretionary accounts
- 2
- Total accounts
- 31,897
- AUM per client
- $5.8M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 583 | $5.65B |
| Non-U.S. persons | Fewer than 5 | $6.89B |
| Insurance companies | 20 | $25.49B |
| Investment companies | 57 | $82.05B |
| Charitable organizations | 292 | $5.26B |
| Other investment advisers | Fewer than 5 | $2.42B |
| High net worth individuals | 231 | $749.6M |
| Pooled investment vehicles | 48 | $27.64B |
| Banking or thrift institutions | Fewer than 5 | $1.1M |
| Pension and profit sharing plans | 451 | $9.86B |
| State or municipal government entities | 21 | $11.64B |
| Individuals (other than high net worth individuals) | 30,187 | $7.34B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11- Q11
- Q11C2
- Q11C4
- Q11C5
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Jan 1, 2026 | Employees | 471 | 137 | decreased by334 |
| Jan 1, 2026 | Clients | 36,775 | 31,897 | decreased by4,878 |
| Jan 1, 2026 | AUM | $298,749,800,684 | $184,988,342,421 | decreased by$113,761,458,263 |
| Jan 1, 2026 | Accounts | 36,775 | 31,897 | decreased by4,878 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 567 | 471 | decreased by96 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 37,775 | 36,775 | decreased by1,000 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $419,507,657,699 | $298,749,800,684 | decreased by$120,757,857,015 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 37,642 | 36,775 | decreased by867 |
| Jan 1, 2022 | Employees | 514 | 567 | increased by53 |
| Jan 1, 2022 | Clients | 35,886 | 37,775 | increased by1,889 |
| Jan 1, 2022 | AUM | $455,826,729,939 | $419,507,657,699 | decreased by$36,319,072,240 |
| Jan 1, 2022 | Accounts | 37,305 | 37,642 | increased by337 |
| Jul 1, 2021 | Employees | 638 | 514 | decreased by124 |
| Jul 1, 2021 | Clients | 31,975 | 35,886 | increased by3,911 |
| Jul 1, 2021 | AUM | $397,765,478,436 | $455,826,729,939 | increased by$58,061,251,503 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “WESTERN ASSET” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“WESTERN ASSET” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.