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.

SEC-registered adviser

Invesco Management S.A.

Other adviserLuxembourg, CRD 143238SEC 801-67712websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 27 filings
SEC status approved since Mar 23, 2007
RAUM
$49B
reported, Item 5.F
Discretionary
100%
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
357
90 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$49B as of Mar 31, 2026
Mar 30, 2012$7.9B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)357 as of Mar 31, 2026
Mar 27, 2013100 then
Private funds1 as of Mar 31, 2026
Aug 30, 20251 then
RAUM +57% over the last fiscal year+27% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; 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
$513MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
26%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+57%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$28.5M, 1 clientsreportedItem 9.A
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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$16B33%
  • Corporations and businesses$15B32%
  • Pension and profit-sharing plans$12B26%
  • Investment companies$5.1B10%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
25reported
Charitable clients
n/areported
Accounts
95reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$28.5M for 1 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.43 institutional_share=0.26 related_bd=true related_bank=true bd_reps=0.0derived
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
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Paul Dumitrescu · Director, Ccocontrol
        since 03/2021 · owns less than 5%
      • Bernhard Langer · Directorcontrol
        since 12/2000 · owns less than 5%
      • Leif Baumann · Head Of Legal - Germany
        since 03/2021 · owns less than 5%
      Entity owners
      • Invesco International Holdings Limited · Parent Company
        direct · owns 75% or more
      • Invesco Ltd · Ultimate Parent Company
        indirect · owns 75% or more of Invesco Uk Limited · public reporting company
      • Invesco Uk Limited · Sole Shareholder
        indirect · owns 75% or more of Invesco International Holdings Limited
      Related persons
      Schedule D 7.A
      Advisers that list Invesco Management S.A. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Munich, Germany8 employees
      • Vienna, Austria
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • employee count surgeChange between filings · filing Mar 31, 2026
        employees (Item 5.A) moved from 185.0 to 357.0 (+93.0%) between the annual amendments of 2025-03-28 and 2026-03-31; the peer median change was +3.0% (111 comparable advisers, 99.0th percentile of changes)
        peers: other advisers, $20B and over (111) · 99% percentile
      • institutional asset share shiftChange between filings · filing Mar 31, 2026
        institutional share of RAUM moved from 83.0% to 57.0% between the annual amendments of 2025-03-28 and 2026-03-31
        peers: other advisers, $20B and over (120)
      • RAUM up 50 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $30,965,720,710 to $48,691,778,628 (+57.0%) between the annual amendments of 2025-03-28 and 2026-03-31; the peer median change was +11.0% (113 comparable advisers, 95.0th percentile of changes)
        peers: other advisers, $20B and over (113) · 95% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 100 to 95
        Jan 22, 2026 to Mar 31, 2026
      • Advisory employees · 33 to 90
        Jan 22, 2026 to Mar 31, 2026
      • Corporate clients · 56 to 34
        Jan 22, 2026 to Mar 31, 2026
      • Pension plan clients · 8 to 25
        Jan 22, 2026 to Mar 31, 2026
      • Assets in custody · $29.0M to $28.5M
        Jan 22, 2026 to Mar 31, 2026
      • Employees · 322 to 357
        Jan 22, 2026 to Mar 31, 2026
      • Discretionary RAUM · $43B to $49B
        Jan 22, 2026 to Mar 31, 2026
      • Pension RAUM · $3.3B to $12B
        Jan 22, 2026 to Mar 31, 2026
      • Pooled vehicle RAUM · $13B to $16B
        Jan 22, 2026 to Mar 31, 2026
      • RAUM · $43B to $49B
        Jan 22, 2026 to Mar 31, 2026
      • Succession · true to false
        Aug 30, 2025 to Jan 22, 2026
      • Accounts · 91 to 100
        Mar 28, 2025 to Aug 30, 2025
      • Advisory employees · 29 to 33
        Mar 28, 2025 to Aug 30, 2025
      • Business name · INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH to INVESCO MANAGEMENT S.A.
        Mar 28, 2025 to Aug 30, 2025
      • Corporate clients · 64 to 56
        Mar 28, 2025 to Aug 30, 2025
      • Pension plan clients · 7 to 8
        Mar 28, 2025 to Aug 30, 2025
      • Pooled vehicle clients · 19 to 33
        Mar 28, 2025 to Aug 30, 2025
      • Assets in custody · unset to 29010680.0
        Mar 28, 2025 to Aug 30, 2025
      • Custody of client assets · false to true
        Mar 28, 2025 to Aug 30, 2025
      • Employees · 185 to 322
        Mar 28, 2025 to Aug 30, 2025
      • Financial planning clients · 0 to 0
        Mar 28, 2025 to Aug 30, 2025
      • HQ city · FRANKFURT to LUXEMBOURG
        Mar 28, 2025 to Aug 30, 2025
      • Legal name · INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH to INVESCO MANAGEMENT S.A.
        Mar 28, 2025 to Aug 30, 2025
      • Organization form · Limited Liability Company to Corporation
        Mar 28, 2025 to Aug 30, 2025
      • Private funds · unset to 1
        Mar 28, 2025 to Aug 30, 2025
      • Discretionary RAUM · $31B to $43B
        Mar 28, 2025 to Aug 30, 2025
      • Pension RAUM · $2.2B to $3.3B
        Mar 28, 2025 to Aug 30, 2025
      • Pooled vehicle RAUM · $5.2B to $13B
        Mar 28, 2025 to Aug 30, 2025
      • RAUM · $31B to $43B
        Mar 28, 2025 to Aug 30, 2025
      • Succession · false to true
        Mar 28, 2025 to Aug 30, 2025
      • Accounts · 101 to 91
        Nov 15, 2024 to Mar 28, 2025
      • Advisory employees · 37 to 29
        Nov 15, 2024 to Mar 28, 2025
      • Corporate clients · 69 to 64
        Nov 15, 2024 to Mar 28, 2025
      • Pension plan clients · 9 to 7
        Nov 15, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 20 to 19
        Nov 15, 2024 to Mar 28, 2025
      • HQ state · unset to
        Nov 15, 2024 to Mar 28, 2025
      • Discretionary RAUM · $29B to $31B
        Nov 15, 2024 to Mar 28, 2025
      • Pension RAUM · $2.0B to $2.2B
        Nov 15, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $3.8B to $5.2B
        Nov 15, 2024 to Mar 28, 2025
      • RAUM · $29B to $31B
        Nov 15, 2024 to Mar 28, 2025
      Signals
      11 dated events
      • Invesco Management S.A. reported succeeding to the business of Invesco Asset Management Deutschland Gmbh (Form ADV Item 4)
        Aug 30, 2025 · Succession (Item 4) · fact
      • Invesco Management S.A. reported RAUM $42.6B, up 37% from $31.0B (2025-03-28 to 2025-08-30)
        Aug 30, 2025 · RAUM change · derived
      • Doris Pittlinger (Director) no longer on Schedule A of Invesco Management S.A. (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Alexander Taft (Director) no longer on Schedule A of Invesco Management S.A. (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Alexander Uhlmann (Director) no longer on Schedule A of Invesco Management S.A. (listed 2022-03-30, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Stephanie Ehrenfried (Director) no longer on Schedule A of Invesco Management S.A. (listed 2020-03-30, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Michael Fraikin (Director) no longer on Schedule A of Invesco Management S.A. (listed 2020-03-30, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Alexander Uhlmann (Director) appeared on Schedule A of Invesco Management S.A.
        Mar 31, 2021 · Control person joined · fact
      • Carsten Majer (Director) no longer on Schedule A of Invesco Management S.A. (listed 2019-03-29, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Stephanie Ehrenfried (Director) appeared on Schedule A of Invesco Management S.A.
        Mar 29, 2019 · Control person joined · fact
      • Sybille Hofmann (Director) no longer on Schedule A of Invesco Management S.A. (listed 2018-05-02, absent 2019-03-29)
        Mar 29, 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.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/invesco-emeareportedpublic record, Form ADV, Sep 17, 2026
      Website
      invesco.com/lu-manco/en/home.htmlreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      +32 2 641 0170reportedpublic record, Form ADV, Mar 31, 2026
      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
      Other 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
      Across the graphs

      Invesco Management S.A. is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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