Fuller & Thaler Asset Management Inc
SEC-registered
Mutual Fund / Asset Manager · Large ($10B–$100B)
CRD 107033
· SEC file 801-43915
· San Mateo, CA
· WWW.FULLERTHALERFUNDS.COM
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ADV data as of Mar 30, 2026
- Regulatory AUM
- $30.3B
- Discretionary
- $30.3B
- Clients
- 6,124
- Avg AUM / client
- $4.9M
- Accounts
- 6,127
- Employees
- 30
AUM over time
$1.2B
$30.3B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 5,559 | $2.0B | 6.61% |
| High net worth individuals | 197 | $392M | 1.3% |
| Banking or thrift institutions | Fewer than 5 clients | $461K | 0.0% |
| Investment companies | 8 | $25.0B | 82.7% |
| Pooled investment vehicles (non-investment companies) | 1 | $153M | 0.51% |
| Pension and profit sharing plans | 21 | $531M | 1.76% |
| Charitable organizations | 75 | $705M | 2.33% |
| State or municipal government entities | 9 | $520M | 1.72% |
| Insurance companies | Fewer than 5 clients | $3.6M | 0.01% |
| Corporations and other businesses | 235 | $454M | 1.5% |
| Other | 19 | $474M | 1.57% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Teamsters Negotiated Pension Plan Teamsters Negotiated Pension Plan | 2024 | |
| Ufcw Intl Union Pension Plan For Employees Executive Committee Of The U.F.C.W Intl Union | 2024 | |
| Sheet Metal Workers Local No. 292 Pension Fund Board Of Trustees, Sheet Metal Workers Local No. 292 Pension Fund | 2024 | |
| Oce Employees' Cash Accumulation Plan Cusa Acquisition Llc | 2024 | |
| Stevens & Lee Savings Plan Stevens & Lee | Reading, PA | 2024 |
| Media Guild Retirement Plan Media Guild Retirement Plan | 2024 | |
| Saxton & Stump, Llc 401(k) Profit Sharing Plan Saxton & Stump, Llc | 2024 | |
| Berwind Corporation Employees' Retirement Plan Berwind Corporation | 2024 |
People (12)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Fuller, Russell, Jay | Board Member/Trustee Of Fuller Revocable Trust | Apr 1993 (33y) | 5% – 10% | |
| Stanske, Frederick, William | Board Member/Partner/Portfolio Manager | Jan 1998 (29y) | 10% – 25% | |
| Thaler, Richard, H. | Board Member/Principal | Jan 1998 (29y) | 5% – 10% | |
| Fuller, Anne, Mitchell | Co Trustee Of Fuller Revocable Trust | May 1998 (28y) | 5% – 10% | |
| Fuller, Thomas, Gordon | Board Member/Partner/Director Of Sales, Marketing & Client Service | May 2000 (26y) | 10% – 25% | |
| Zanoni, Hanna, Woo | Board Member/Partner/Chief Financial, Chief Legal, And Chief Compliance Officer | May 2006 (20y) | 5% – 10% | |
| Lin, Raymond, Deh | Board Member/Partner/Portfolio Manager | Nov 2009 (17y) | 5% – 10% | |
| Potter, David, Michael | Board Member/Partner/Portfolio Manager | Nov 2009 (17y) | 10% – 25% | |
| Villegas, Fernando | Board Member/Partner/Head Of Trading Operations | Nov 2009 (17y) | 5% – 10% | |
| Stubbins, George, Edward | Board Member/Partner/Head Of Sales, Marketing & Client Service | Jan 2013 (14y) | 5% – 10% | |
| Giovinazzo, Raife, Brandon | Board Member/Managing Partner/Portfolio Manager | Jun 2014 (12y) | 10% – 25% | |
| Tung, Yining | Board Member/Partner/Head Of Risk Management & Investment Process Analyst | Jul 2016 (10y) | 5% – 10% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Fuller Revocable Trust (Co Trustees: Russell Jay Fuller & Anne Mitchell Fuller) | Shareholder | May 1998 | A | 5% – 10% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (8)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Teamsters Negotiated Pension Plan | Teamsters Negotiated Pension Plan | 2,158 | $713M | 06/01/2024 |
| Ufcw Intl Union Pension Plan For Employees | Executive Committee Of The U.F.C.W Intl Union | 2,086 | $1.2B | 05/01/2024 |
| Sheet Metal Workers Local No. 292 Pension Fund | Board Of Trustees, Sheet Metal Workers Local No. 292 Pension Fund | 608 | $166M | 04/01/2024 |
| Oce Employees' Cash Accumulation Plan | Cusa Acquisition Llc | 477 | $157M | 01/01/2024 |
| Stevens & Lee Savings Plan | Stevens & Lee | 385 | $281M | 01/01/2024 |
| Media Guild Retirement Plan | Media Guild Retirement Plan | 30 | $169M | 01/01/2024 |
| Saxton & Stump, Llc 401(k) Profit Sharing Plan | Saxton & Stump, Llc | 155 | $21.5M | 01/01/2024 |
| Berwind Corporation Employees' Retirement Plan | Berwind Corporation | 152 | $99.4M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.05 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Morgan Stanley $1.6B (5% of AUM) Mar 2026
- UBS $877M (3% of AUM) Mar 2026
- Northern Trust $855M (3% of AUM) Mar 2026
- Fifth Third Bank $481M (2% of AUM) Mar 2024
- BNY Mellon $352M (2% of AUM) Mar 2024
- Goldman Sachs $289M (3% of AUM) Jun 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗