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

Ares Commercial Real Estate Management LLC

Asset manager (funds and pooled vehicles)Los Angeles, CaliforniaCRD 159050SEC 801-72879websiteIAPD
Latest filing Aug 26, 2026
First filing on the tape Nov 10, 2011 · 33 filings
SEC status approved since Nov 14, 2011
RAUM
$32B
reported, Item 5.F
Discretionary
91%
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
412
245 advisory (5.B.1)
Offices
14
beyond the principal office
Private funds
5
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$32B as of Aug 26, 2026
Mar 30, 2012$1.2B then
HNW client RAUM$0 as of Mar 28, 2024
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Aug 26, 2026
Mar 30, 20120 then
Employees (5.A)412 as of Aug 26, 2026
Apr 1, 201348 then
Private funds5 as of Aug 26, 2026
Mar 30, 20121 then
RAUM +20% over the last fiscal year+7.1% a year over threeIARs 0 to 0offices 16 to 14
Practice profile
derived from the filing of Aug 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
$3.0BderivedRAUM over accounts (5.F.2.f)
Discretionary
91%derivedof RAUM
Institutional
2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived15 offices incl. principal (1.F.5)
RAUM growth, one year
+20%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 vehiclesreportedItem 5.G
Custody
$30B, 9 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$32B98%
  • Insurance companies$715M2.2%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$30B for 9 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.98 institutional_share=0.02 related_bd=true related_bank=true bd_reps=13.0derived
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
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Ares Real Estate Enhanced Income Fund, L.P.Hedge Fund$4.7B50Feb 8, 2019
      Ares Real Estate Secured Income Fund, L.P.Real Estate Fund$1.0B30Mar 29, 2019
      Cal Ares Real Estate Debt Partners, LLCReal Estate Fund$697M2Mar 31, 2021
      Wrightwood Capital Real Estate Cdo 2005-1, Ltd.no longer reportedSecuritized Asset Fund$00Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • J (Mi Only) Michael Arougheti · Chief Executive Officer And Presidentcontrol
        since 07/2011 · owns less than 5%
      • Peter Antony Ressler · Executive Chairmancontrol
        since 01/2018 · owns less than 5%
      • Facemire Penelope Roll · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • Sera Naseem Sagati Aghili · General Counsel And Corporate Secretarycontrol
        since 01/2020 · owns less than 5%
      • Taesik Yoon · Vice President, Chief Financial Officer And Treasurercontrol
        since 08/2021 · owns less than 5%
      • Peter Antony Ressler · Limited Partnercontrol
        since 01/2002 · owns 25% to 50% of Ares Owners Holdings, L.P.
      Entity owners
      • Ares Management LLC · Sole Member
        direct · owns 75% or more
      • Ares Holdco LLC · General Partner
        indirect · owns 50% to 75% of Ares Holdings, L.P.
      • Ares Holdco LLC · General Partner
        indirect · owns F of Ares Management Holdings L.P.
      • Ares Holdings, L.P. · Limited Partner
        indirect · owns 75% or more of Ares Management Holdings L.P.
      • Ares Management Corporation · Member
        indirect · owns 75% or more of Ares Holdco LLC · public reporting company
      • Ares Management Holdings L.P. · Member
        indirect · owns 75% or more of Ares Management LLC
      • Ares Owners Holdings, L.P. · Limited Partner
        indirect · owns 25% to 50% of Ares Holdings, L.P.
      • Ares Partners Holdco LLC · General Partner
        indirect · owns F of Ares Owners Holdings, L.P.
      Related persons
      Schedule D 7.A
      • Ace III Gp (Scotland) Llp
        pooled vehicle sponsorn
      • Acip Investment Management LLC
        investment adviserbankpooled vehicle sponsorn
      • Aclof III Gp LLC
        pooled vehicle sponsorn
      • Acme Pc Management LP
        pooled vehicle sponsorn
      • Acof Asia Management, L.P.
        pooled vehicle sponsorn
      • Acof Investment Management, LLC
        investment adviserbankn
      • Acof IV Atd Co-Invest Management, LLC
        pooled vehicle sponsorn
      • Acof Lux Management Vii S.A R.L.
        pooled vehicle sponsorn
      • Acof Management III, L.P.
        pooled vehicle sponsorn
      • Acof Management IV, L.P.
        pooled vehicle sponsorn
      • Acof Management V, L.P.
        pooled vehicle sponsorn
      • Acof Management Vi Gp LLC
        pooled vehicle sponsorn
      • Acof Management Vi, L.P.
        pooled vehicle sponsorn
      • Acof Management Vii, L.P.
        pooled vehicle sponsorn
      • Acof Management, L.P.
        pooled vehicle sponsorn
      • Acof Operating Manager III, LLC
        investment adviserbankn
      • Acof Operating Manager IV, LLC
        investment adviserbankn
      • Acof Operating Manager, L.P.
        investment adviserbankn
      • Adrex Advisor LLC
        investment advisern
      • Aeif Kleen Gp, LLC
        pooled vehicle sponsorn
      • Aeif Linden Gp, LLC
        pooled vehicle sponsorn
      • Aeof Management Gp LLC
        pooled vehicle sponsorn
      • Aeof Management, L.P.
        pooled vehicle sponsorn
      • Aepep (Scotland) Gp II, Llp
        pooled vehicle sponsorn
      • Aepep Gp II, LLC
        pooled vehicle sponsorn
      • Aepep II N Gp, L.P.
        pooled vehicle sponsorn
      • Aepep III N Strategic Co-Invest Gp, L.P.
        pooled vehicle sponsorn
      • Aevf Management Gp LLC
        pooled vehicle sponsorn
      • Aevf Management LP
        pooled vehicle sponsorn
      • Aic Management Ltd.
        pooled vehicle sponsorn
      Advisers that list Ares Commercial Real Estate Management LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Denver, CO70 employees
      • New York, NY31 employees
      • Atlanta, GA30 employees
      • Rutherford, NJ20 employees
      • Newport Beach, CA18 employees
      • Dallas, TX9 employees
      • Oak Brook Terrace, IL8 employees
      • Austin, TX4 employees
      • El Segundo, CA4 employees
      • Chicago, IL3 employees
      • Bellevue, WA3 employees
      • Mumbai, India3 employees
      • West Hartford, CT2 employees
      • London, United Kingdom1 employees
      • Charlotte, NC1 employees
      • Arlington, VA1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing Aug 26, 2026
        related persons on Schedule D 7.A of 331.0 against a peer median of 18.0 (428 comparable advisers, 99.0th percentile, 17.6 robust deviations)
        peers: asset managers, $20B and over (428) · 99% percentile
      What changed
      consecutive filings, newest first
      • Private funds · 4 to 5
        May 29, 2026 to Aug 26, 2026
      • Advisory employees · 243 to 245
        Feb 24, 2026 to Mar 27, 2026
      • BD registered reps · 95 to 13
        Feb 24, 2026 to Mar 27, 2026
      • Assets in custody · $25B to $30B
        Feb 24, 2026 to Mar 27, 2026
      • Employees · 455 to 412
        Feb 24, 2026 to Mar 27, 2026
      • Other offices · 16 to 14
        Feb 24, 2026 to Mar 27, 2026
      • Discretionary RAUM · $26B to $30B
        Feb 24, 2026 to Mar 27, 2026
      • Non-discretionary RAUM · $718M to $2.9B
        Feb 24, 2026 to Mar 27, 2026
      • Pooled vehicle RAUM · $26B to $32B
        Feb 24, 2026 to Mar 27, 2026
      • RAUM · $27B to $32B
        Feb 24, 2026 to Mar 27, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to May 30, 2025
      • Accounts · 9 to 11
        Aug 27, 2024 to Mar 31, 2025
      • Advisory employees · 232 to 243
        Aug 27, 2024 to Mar 31, 2025
      • BD registered reps · 86 to 95
        Aug 27, 2024 to Mar 31, 2025
      • Charity clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Corporate clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • HNW clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Individual clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Pension plan clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 8 to 10
        Aug 27, 2024 to Mar 31, 2025
      • Assets in custody · $24B to $25B
        Aug 27, 2024 to Mar 31, 2025
      • Employees · 435 to 455
        Aug 27, 2024 to Mar 31, 2025
      • Private funds · 3 to 4
        Aug 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $26B to $26B
        Aug 27, 2024 to Mar 31, 2025
      • HNW RAUM · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Individual RAUM · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $697M to $718M
        Aug 27, 2024 to Mar 31, 2025
      • Pension RAUM · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $26B to $26B
        Aug 27, 2024 to Mar 31, 2025
      • RAUM · $26B to $27B
        Aug 27, 2024 to Mar 31, 2025
      • Advisory employees · 202 to 232
        Mar 31, 2023 to Mar 28, 2024
      • BD registered reps · 83 to 86
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $23B to $24B
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 353 to 435
        Mar 31, 2023 to Mar 28, 2024
      • Other offices · 13 to 16
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $26B to $26B
        Mar 31, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $718M to $697M
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $26B to $26B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $26B to $26B
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 150 to 202
        Mar 31, 2022 to Mar 31, 2023
      Signals
      12 dated events
      • Goldsmith Miriam Krieger (Vice President And Chief Compliance Officer) no longer on Schedule A of Ares Commercial Real Estate Management Llc (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Facemire Penelope Roll (Chief Compliance Officer) appeared on Schedule A of Ares Commercial Real Estate Management Llc
        Mar 28, 2024 · Control person joined · fact
      • Ares Commercial Real Estate Management Llc reported RAUM $26.5B, up 37% from $19.3B (2022-03-31 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Ares Commercial Real Estate Management Llc reported 13 offices beyond its principal office, up from 6 (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · Office count change · derived
      • Ares Commercial Real Estate Management Llc reported RAUM $19.3B, up 335% from $4.4B (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Robert Michael Mcferran (Vice President, Chief Financial Officer And Treasurer) no longer on Schedule A of Ares Commercial Real Estate Management Llc (listed 2021-03-31, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Taesik Yoon (Chief Financial Officer) appeared on Schedule A of Ares Commercial Real Estate Management Llc
        Mar 31, 2022 · Control person joined · fact
      • Ares Commercial Real Estate Management Llc reported RAUM $3.7B, up 51% from $2.4B (2019-03-29 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Sera Naseem Sagati Aghili (General Counsel And Secretary) appeared on Schedule A of Ares Commercial Real Estate Management Llc
        Mar 30, 2020 · Control person joined · fact
      • Daniel Michael Weiner (Vice President, General Counsel And Secretary) no longer on Schedule A of Ares Commercial Real Estate Management Llc (listed 2019-03-29, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Ares Commercial Real Estate Management Llc reported RAUM $2.4B, up 37% from $1.8B (2019-02-08 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Bernard John Jardine (Vice President) no longer on Schedule A of Ares Commercial Real Estate Management Llc (listed 2019-02-08, 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/marq-logreportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      linkedin.com/company/ares-managementreportedpublic record, Form ADV, Sep 17, 2026
      Website
      areswms.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      310-201-4100reportedpublic record, Form ADV, Aug 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
      Across the graphs

      Ares Commercial Real Estate Management LLC 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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