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

Western Asset Management Company Ltd

Former SEC-registered adviserChiyoda-Ku, Tokyo, CRD 143388SEC 801-68224websiteIAPD
Latest filing Dec 12, 2025
First filing on the tape Mar 30, 2012 · 31 filings
SEC status approved since Aug 16, 2007
RAUM
$2.6B
reported, Item 5.F
Discretionary
28%
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
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$2.6B as of Dec 12, 2025
Jun 29, 2012$24B then
HNW client RAUM$0 as of Dec 12, 2025
Dec 22, 2022$0 then
State-registered IARs (5.B.3)0 as of Dec 12, 2025
Jun 29, 20120 then
Employees (5.A)6 as of Dec 12, 2025
Jun 28, 201330 then
Private funds: no history
RAUM -25% over the last fiscal year-23% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Dec 12, 2025; 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
$185MderivedRAUM over accounts (5.F.2.f)
Discretionary
28%derivedof RAUM
Institutional
15%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
-12%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 assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Ownership
controlled by a public reporting companyderived
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)
  • controlled by a public reporting company (10.A)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.2B85%
  • Insurance companies$273M11%
  • Pension and profit-sharing plans$78.2M3.0%
  • Charitable organizations$36.4M1.4%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
4reported
Charitable clients
1reported
Accounts
14reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
      • A Laura Boydston · Non-Executive Directorcontrol
        since 12/2016 · owns less than 5%
      • Ann Courtney Hoffmann · Non-Employee Directorcontrol
        since 07/2022 · owns less than 5%
      • Takashi Komatsu · Director, Head Of Legal And Compliance; Chief Compliance Officercontrol
        since 07/2005 · owns less than 5%
      • Yasuaki Sudo · Finance Officercontrol
        since 07/2007 · owns less than 5%
      • Masahiro Shinoka · Representative Director
        since 10/2023 · owns less than 5%
      Entity owners
      • Franklin Templeton Capital Holdings Private Limited · Sole Shareholder Of Applicant
        direct · owns 75% or more
      • Franklin Resources, Inc. · Sole Shareholder Of Legg Mason, Inc.
        indirect · owns 75% or more of Franklin Templeton Capital Holdings Private Limited · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Western Asset Management Company Ltd as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 15 to 14
        Dec 23, 2024 to Dec 12, 2025
      • Pooled vehicle clients · 9 to 8
        Dec 23, 2024 to Dec 12, 2025
      • Employees · 20 to 6
        Dec 23, 2024 to Dec 12, 2025
      • Financial planning clients · unset to
        Dec 23, 2024 to Dec 12, 2025
      • HQ state · unset to
        Dec 23, 2024 to Dec 12, 2025
      • Discretionary RAUM · $1.0B to $725M
        Dec 23, 2024 to Dec 12, 2025
      • Non-discretionary RAUM · $2.0B to $1.9B
        Dec 23, 2024 to Dec 12, 2025
      • Pension RAUM · $80.6M to $78.2M
        Dec 23, 2024 to Dec 12, 2025
      • Pooled vehicle RAUM · $2.7B to $2.2B
        Dec 23, 2024 to Dec 12, 2025
      • RAUM · $3.0B to $2.6B
        Dec 23, 2024 to Dec 12, 2025
      • Accounts · 20 to 15
        Dec 20, 2023 to Dec 23, 2024
      • Advisory employees · 6 to 3
        Dec 20, 2023 to Dec 23, 2024
      • Pension plan clients · 8 to 4
        Dec 20, 2023 to Dec 23, 2024
      • Pooled vehicle clients · 10 to 9
        Dec 20, 2023 to Dec 23, 2024
      • Employees · 24 to 20
        Dec 20, 2023 to Dec 23, 2024
      • Discretionary RAUM · $1.3B to $1.0B
        Dec 20, 2023 to Dec 23, 2024
      • Non-discretionary RAUM · $2.1B to $2.0B
        Dec 20, 2023 to Dec 23, 2024
      • Pension RAUM · $107M to $80.6M
        Dec 20, 2023 to Dec 23, 2024
      • Pooled vehicle RAUM · $3.0B to $2.7B
        Dec 20, 2023 to Dec 23, 2024
      • RAUM · $3.4B to $3.0B
        Dec 20, 2023 to Dec 23, 2024
      • Accounts · 24 to 20
        Jun 1, 2023 to Dec 20, 2023
      • Pension plan clients · 10 to 8
        Jun 1, 2023 to Dec 20, 2023
      • Pooled vehicle clients · 12 to 10
        Jun 1, 2023 to Dec 20, 2023
      • Employees · 25 to 24
        Jun 1, 2023 to Dec 20, 2023
      • Discretionary RAUM · $1.2B to $1.3B
        Jun 1, 2023 to Dec 20, 2023
      • Non-discretionary RAUM · $2.7B to $2.1B
        Jun 1, 2023 to Dec 20, 2023
      • Pension RAUM · $182M to $107M
        Jun 1, 2023 to Dec 20, 2023
      • Pooled vehicle RAUM · $3.5B to $3.0B
        Jun 1, 2023 to Dec 20, 2023
      • RAUM · $3.9B to $3.4B
        Jun 1, 2023 to Dec 20, 2023
      • Accounts · 25 to 24
        Sep 1, 2022 to Dec 22, 2022
      • Advisory employees · 4 to 6
        Sep 1, 2022 to Dec 22, 2022
      • Charity clients · 2 to 1
        Sep 1, 2022 to Dec 22, 2022
      • Discretionary RAUM · $2.3B to $1.2B
        Sep 1, 2022 to Dec 22, 2022
      • HNW RAUM · unset to 0.0
        Sep 1, 2022 to Dec 22, 2022
      • Individual RAUM · unset to 0.0
        Sep 1, 2022 to Dec 22, 2022
      • Non-discretionary RAUM · $3.3B to $2.7B
        Sep 1, 2022 to Dec 22, 2022
      • Pension RAUM · $154M to $182M
        Sep 1, 2022 to Dec 22, 2022
      • Pooled vehicle RAUM · $5.1B to $3.5B
        Sep 1, 2022 to Dec 22, 2022
      • RAUM · $5.6B to $3.9B
        Sep 1, 2022 to Dec 22, 2022
      • Accounts · 13 to 25
        Oct 15, 2021 to Dec 21, 2021
      Signals
      8 dated events
      • Western Asset Management Company Ltd no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $2.6B)
        Jul 1, 2026 · Left the SEC roster · derived
      • Maki Yoshida (Operation Officer) no longer on Schedule A of Western Asset Management Company Ltd (listed 2023-12-20, absent 2024-12-23)
        Dec 23, 2024 · Control person left · inference
      • Naoya Orime (Representative Director) no longer on Schedule A of Western Asset Management Company Ltd (listed 2023-06-01, absent 2023-12-20)
        Dec 20, 2023 · Control person left · inference
      • Western Asset Management Company Ltd reported RAUM $3.9B, down 30% from $5.6B (2022-09-01 to 2022-12-22)
        Dec 22, 2022 · RAUM change · derived
      • Ann Courtney Hoffmann (Non-Employee Director) appeared on Schedule A of Western Asset Management Company Ltd
        Sep 1, 2022 · Control person joined · fact
      • Antony Charles Ruys De Perez (Non-Employee Director) no longer on Schedule A of Western Asset Management Company Ltd (listed 2021-12-21, absent 2022-09-01)
        Sep 1, 2022 · Control person left · inference
      • Western Asset Management Company Ltd reported RAUM $6.0B, down 31% from $8.7B (2018-06-26 to 2019-06-28)
        Jun 28, 2019 · RAUM change · derived
      • Western Asset Management Company Ltd reported RAUM $8.7B, up 25% from $7.0B (2017-06-29 to 2018-06-26)
        Jun 26, 2018 · RAUM change · derived
      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