DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Putnam Investments Limited

Former SEC-registered adviserLondon, CRD 122254SEC 801-61441websiteIAPD
Latest filing Aug 13, 2024
First filing on the tape Mar 29, 2012 · 41 filings
SEC status approved since Sep 4, 2002
RAUM
$3.0B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
15
11 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$3.0B as of Mar 30, 2024
Mar 29, 2012$3.1B then
HNW client RAUM$0 as of Mar 30, 2022
Mar 28, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2024
Mar 29, 20120 then
Employees (5.A)15 as of Mar 30, 2024
Mar 28, 201326 then
Private funds: no history
RAUM -11% over the last fiscal year-6.0% a year over threeIARs 0 to 0offices 1 to 0
Practice profile
derived from the filing of Aug 13, 2024; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$143MderivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
24%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-11%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.3B42%
  • Pooled investment vehicles$997M33%
  • Insurance companies$288M9.6%
  • Sovereign wealth funds$228M7.6%
  • Pension and profit-sharing plans$219M7.3%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
n/areported
Charitable clients
0reported
Accounts
21reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • F. James Clark · Chief Compliance Officer And Chief Risk Officercontrol
        since 01/2016 · owns less than 5%
      • Vivek Gandhi · Chief Executive Officer And Directorcontrol
        since 03/2019 · owns less than 5%
      • Graham Alan Mccormack · Directorcontrol
        since 12/2008 · owns less than 5%
      Entity owners
      • Putnam Advisory Holdings II, LLC · 100% Owner
        direct · owns 75% or more
      • Franklin Resources,Inc. · Sole Shareholder Of Legg Mason, Inc.
        indirect · owns 75% or more of Legg Mason, Inc. · public reporting company
      • Legg Mason, Inc. · 100% Owner
        indirect · owns 75% or more of Templeton Worldwide, Inc.
      • Putnam U.S. Holdings I, LLC · Member
        indirect · owns 75% or more of Putnam Advisory Holdings II, LLC
      • Templeton Worldwide, Inc. · 100% Owner
        indirect · owns 75% or more of Putnam U.S. Holdings I, LLC
      Related persons
      Schedule D 7.A
      Advisers that list Putnam Investments Limited as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 25 to 21
        Jan 31, 2024 to Mar 30, 2024
      • Pooled vehicle clients · 9 to 8
        Jan 31, 2024 to Mar 30, 2024
      • Employees · 17 to 15
        Jan 31, 2024 to Mar 30, 2024
      • Other offices · 1 to 0
        Jan 31, 2024 to Mar 30, 2024
      • Discretionary RAUM · $3.2B to $2.8B
        Jan 31, 2024 to Mar 30, 2024
      • Non-discretionary RAUM · $215M to $194M
        Jan 31, 2024 to Mar 30, 2024
      • Pension RAUM · $192M to $219M
        Jan 31, 2024 to Mar 30, 2024
      • Pooled vehicle RAUM · $1.4B to $997M
        Jan 31, 2024 to Mar 30, 2024
      • RAUM · $3.4B to $3.0B
        Jan 31, 2024 to Mar 30, 2024
      • Advisory employees · 10 to 11
        Feb 2, 2023 to Mar 31, 2023
      • Pooled vehicle clients · 10 to 9
        Feb 2, 2023 to Mar 31, 2023
      • Discretionary RAUM · $3.5B to $3.2B
        Feb 2, 2023 to Mar 31, 2023
      • HNW RAUM · 0.0 to unset
        Feb 2, 2023 to Mar 31, 2023
      • Individual RAUM · 0.0 to unset
        Feb 2, 2023 to Mar 31, 2023
      • Non-discretionary RAUM · $344M to $215M
        Feb 2, 2023 to Mar 31, 2023
      • Pension RAUM · $158M to $192M
        Feb 2, 2023 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.6B to $1.4B
        Feb 2, 2023 to Mar 31, 2023
      • RAUM · $3.8B to $3.4B
        Feb 2, 2023 to Mar 31, 2023
      • Accounts · 24 to 25
        Jul 14, 2021 to Mar 30, 2022
      • BD registered reps · 1 to 0
        Jul 14, 2021 to Mar 30, 2022
      • State-registered IARs · 1 to 0
        Jul 14, 2021 to Mar 30, 2022
      • Discretionary RAUM · $3.4B to $3.5B
        Jul 14, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $261M to $344M
        Jul 14, 2021 to Mar 30, 2022
      • Pension RAUM · $165M to $158M
        Jul 14, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $1.5B to $1.6B
        Jul 14, 2021 to Mar 30, 2022
      • RAUM · $3.6B to $3.8B
        Jul 14, 2021 to Mar 30, 2022
      • Accounts · 15 to 24
        Mar 30, 2020 to Mar 31, 2021
      • Advisory employees · 9 to 10
        Mar 30, 2020 to Mar 31, 2021
      • BD registered reps · 0 to 1
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 7 to 10
        Mar 30, 2020 to Mar 31, 2021
      • Employees · 15 to 17
        Mar 30, 2020 to Mar 31, 2021
      • State-registered IARs · 0 to 1
        Mar 30, 2020 to Mar 31, 2021
      • Discretionary RAUM · $3.1B to $3.4B
        Mar 30, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $0 to $261M
        Mar 30, 2020 to Mar 31, 2021
      • Pension RAUM · $149M to $165M
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $1.4B to $1.5B
        Mar 30, 2020 to Mar 31, 2021
      • RAUM · $3.1B to $3.6B
        Mar 30, 2020 to Mar 31, 2021
      • Accounts · 20 to 15
        Mar 28, 2019 to Mar 30, 2020
      • Advisory employees · 13 to 9
        Mar 28, 2019 to Mar 30, 2020
      • Pooled vehicle clients · 8 to 7
        Mar 28, 2019 to Mar 30, 2020
      Signals
      11 dated events
      • Putnam Investments Limited no longer on the SEC adviser roster (last listed 2025-01-02, RAUM $3.0B)
        Feb 3, 2025 · Left the SEC roster · derived
      • Nmn Guy Fortin (Trustee) no longer on Schedule A of Putnam Investments Limited (listed 2023-06-12, absent 2024-01-31)
        Jan 31, 2024 · Control person left · inference
      • Roger Andre Desmarais (Trustee) no longer on Schedule A of Putnam Investments Limited (listed 2023-06-12, absent 2024-01-31)
        Jan 31, 2024 · Control person left · inference
      • Guy Paul Desmarais (Trustee) no longer on Schedule A of Putnam Investments Limited (listed 2023-06-12, absent 2024-01-31)
        Jan 31, 2024 · Control person left · inference
      • Albert Gary Doer (Trustee) no longer on Schedule A of Putnam Investments Limited (listed 2023-06-12, absent 2024-01-31)
        Jan 31, 2024 · Control person left · inference
      • Albert Gary Doer (Trustee) appeared on Schedule A of Putnam Investments Limited
        Jun 12, 2023 · Control person joined · fact
      • Michel Plessis-Belair (Trustee) no longer on Schedule A of Putnam Investments Limited (listed 2022-09-27, absent 2023-02-02)
        Feb 2, 2023 · Control person left · inference
      • Lewis Jeffrey Gould (Director) no longer on Schedule A of Putnam Investments Limited (listed 2021-05-12, absent 2021-07-14)
        Jul 14, 2021 · Control person left · inference
      • Putnam Investments Limited reported RAUM $3.3B, down 40% from $5.5B (2019-03-01 to 2019-03-28)
        Mar 28, 2019 · RAUM change · derived
      • Vivek Gandhi (Chief Executive Officer) appeared on Schedule A of Putnam Investments Limited
        Mar 1, 2019 · Control person joined · fact
      • Lee Simon Davis (Director, Chief Executive Officer) no longer on Schedule A of Putnam Investments Limited (listed 2018-09-24, absent 2019-03-01)
        Mar 1, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026