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

Hermes Investment Management Limited

Asset manager (funds and pooled vehicles)London, CRD 153104SEC 801-71218websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Dec 8, 2011 · 52 filings
SEC status approved since Apr 5, 2010
RAUM
$25B
reported, Item 5.F
Discretionary
99%
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
422
109 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
52 filings and snapshots on the tape
RAUM$25B as of Mar 26, 2026
Mar 23, 2012$27B then
HNW client RAUM: $335,169
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 27, 20130 then
Employees (5.A)422 as of Mar 26, 2026
Mar 27, 2013263 then
Private funds1 as of Mar 31, 2025
Mar 23, 20121 then
RAUM -0.5% over the last fiscal year-5.8% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 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
$406MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
33%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
-0.5%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
Wrap fee program
participatesreportedItem 5.I
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$14B57%
  • Pension and profit-sharing plans$4.4B18%
  • Insurance companies$3.1B13%
  • Other investment advisers$1.6B6.5%
  • Banks and thrifts$601M2.4%
  • Sovereign wealth funds$349M1.4%
  • Charitable organizations$302M1.2%
  • Investment companies$268M1.1%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
15reported
Charitable clients
3reported
Accounts
61reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $150M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.64 institutional_share=0.33 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Federated Hermes Global Investment Funds (Cayman) Master, SpcOther Private Fund$172M8Mar 23, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Philip Gregory Dulski · Directorcontrol
        since 01/2023 · owns less than 5%
      • Andrew David Fitzharris · Chief Compliance Officercontrol
        since 09/2022 · owns less than 5%
      • Marshall Ian Kennedy · Director, Chief Operating Officercontrol
        since 09/2015 · owns less than 5%
      • Anwar Saker Nusseibeh · Director, Chief Executive Officercontrol
        since 06/2009 · owns less than 5%
      • Mark Christopher Taylor · Directorcontrol
        since 06/2017 · owns less than 5%
      Entity owners
      • Federated Hermes Limited · Shareholder
        direct · owns 75% or more
      • Federated Hermes Inc · Shareholder
        indirect · owns 75% or more of Fii Holdings Inc · public reporting company
      • Federated Holdings (Uk) II Limited · Shareholder
        indirect · owns 75% or more of Federated Hermes Limited
      • Federated International Holdings B.V. · Shareholder
        indirect · owns 75% or more of Federated Holdings (Uk) II Limited
      • Fii Holdings Inc · Shareholder
        indirect · owns 75% or more of Federated International Holdings B.V.
      Related persons
      Schedule D 7.A
      Advisers that list Hermes Investment Management Limited as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • business activity changedChange between filings · filing Mar 26, 2026
        advises private funds (Item 7.B): yes on the filing of 2025-03-31, no on the filing of 2026-03-26
        peers: asset managers, $20B and over (512)
      What changed
      consecutive filings, newest first
      • Accounts · 66 to 61
        Mar 31, 2025 to Mar 26, 2026
      • Advisory employees · 114 to 109
        Mar 31, 2025 to Mar 26, 2026
      • Charity clients · 2 to 3
        Mar 31, 2025 to Mar 26, 2026
      • Pension plan clients · 17 to 15
        Mar 31, 2025 to Mar 26, 2026
      • Pooled vehicle clients · 21 to 19
        Mar 31, 2025 to Mar 26, 2026
      • Employees · 432 to 422
        Mar 31, 2025 to Mar 26, 2026
      • Private funds · 1 to unset
        Mar 31, 2025 to Mar 26, 2026
      • Discretionary RAUM · $25B to $24B
        Mar 31, 2025 to Mar 26, 2026
      • Non-discretionary RAUM · $136M to $313M
        Mar 31, 2025 to Mar 26, 2026
      • Pension RAUM · $5.3B to $4.4B
        Mar 31, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $13B to $14B
        Mar 31, 2025 to Mar 26, 2026
      • RAUM · $25B to $25B
        Mar 31, 2025 to Mar 26, 2026
      • Wrap assets (manager) · $115M to $150M
        Mar 31, 2025 to Mar 26, 2026
      • Accounts · 85 to 66
        Oct 18, 2024 to Mar 31, 2025
      • Advisory employees · 127 to 114
        Oct 18, 2024 to Mar 31, 2025
      • Pension plan clients · 21 to 17
        Oct 18, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 23 to 21
        Oct 18, 2024 to Mar 31, 2025
      • Employees · 438 to 432
        Oct 18, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Oct 18, 2024 to Mar 31, 2025
      • HQ state · unset to
        Oct 18, 2024 to Mar 31, 2025
      • Discretionary RAUM · $32B to $25B
        Oct 18, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $112M to $136M
        Oct 18, 2024 to Mar 31, 2025
      • Pension RAUM · $6.6B to $5.3B
        Oct 18, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $16B to $13B
        Oct 18, 2024 to Mar 31, 2025
      • RAUM · $32B to $25B
        Oct 18, 2024 to Mar 31, 2025
      • Wrap assets (manager) · $11.1M to $115M
        Oct 18, 2024 to Mar 31, 2025
      • Accounts · 88 to 85
        Oct 5, 2023 to Mar 28, 2024
      • Advisory employees · 140 to 127
        Oct 5, 2023 to Mar 28, 2024
      • Charity clients · unset to 2.0
        Oct 5, 2023 to Mar 28, 2024
      • Pension plan clients · 18 to 21
        Oct 5, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 25 to 23
        Oct 5, 2023 to Mar 28, 2024
      • Employees · 424 to 438
        Oct 5, 2023 to Mar 28, 2024
      • Discretionary RAUM · $30B to $32B
        Oct 5, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $89.6M to $112M
        Oct 5, 2023 to Mar 28, 2024
      • Pension RAUM · $4.0B to $6.6B
        Oct 5, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $17B to $16B
        Oct 5, 2023 to Mar 28, 2024
      • RAUM · $30B to $32B
        Oct 5, 2023 to Mar 28, 2024
      • Wrap assets (manager) · unset to 11095526.0
        Oct 5, 2023 to Mar 28, 2024
      • Wrap assets (sponsor) · unset to 0.0
        Oct 5, 2023 to Mar 28, 2024
      • Accounts · 90 to 88
        Dec 12, 2022 to Mar 31, 2023
      Signals
      8 dated events
      • Angus Eoin Murray (Director) no longer on Schedule A of Hermes Investment Management Limited (listed 2024-03-28, absent 2024-10-18)
        Oct 18, 2024 · Control person left · inference
      • Andrew David Fitzharris (Chief Compliance Officer) appeared on Schedule A of Hermes Investment Management Limited
        Mar 28, 2024 · Control person joined · fact
      • Hermes Investment Management Limited reported RAUM $29.7B, down 27% from $40.8B (2022-12-12 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Philip Gregory Dulski (Director) appeared on Schedule A of Hermes Investment Management Limited
        Mar 31, 2023 · Control person joined · fact
      • Anne Harriet Steel (Director, Head Of Business Development) no longer on Schedule A of Hermes Investment Management Limited (listed 2022-09-26, absent 2022-12-12)
        Dec 12, 2022 · Control person left · inference
      • Hermes Investment Management Limited reported RAUM $40.5B, up 31% from $30.9B (2020-08-04 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Hermes Investment Management Limited reported RAUM $30.9B, up 30% from $23.8B (2019-03-28 to 2020-03-31)
        Mar 31, 2020 · RAUM change · derived
      • Hermes Investment Management Limited reported RAUM $26.0B, up 59% from $16.4B (2017-08-17 to 2018-03-29)
        Mar 29, 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.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/federatedhermeslimitedreportedpublic record, Form ADV, Sep 17, 2026
      Website
      hermes-investment.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      +44 207 702 0888reportedpublic record, Form ADV, Mar 26, 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
      Asset manager (funds and pooled vehicles)deriveda 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