Heitman Real Estate Securities Llc
- Regulatory AUM
- $1.8B
- Discretionary
- $1.8B
- Clients
- 23
- Avg AUM / client
- $79.2M
- Accounts
- 27
- Employees
- 141
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $138M | 7.59% |
| Pooled investment vehicles (non-investment companies) | 10 | $653M | 35.9% |
| Pension and profit sharing plans | 5 | $264M | 14.5% |
| State or municipal government entities | Fewer than 5 clients | $639M | 35.1% |
| Corporations and other businesses | 7 | $127M | 6.97% |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Tognarelli, Maury, Robert | Manager | Jan 1999 (28y) | Less than 5% | |
| Christensen, Lawrence, Joseph | Manager, Chief Financial Officer, Treasurer And Secretary | Mar 2014 (12y) | Less than 5% | |
| Stamato, Anthony | Senior Managing Director, Chief Legal Officer, Head Of Compliance And Chief Compliance Officer | Apr 2017 (9y) | Less than 5% | |
| Harbin, Charles, Pinckney | Managing Director, Portfolio Manager, Co Head Of Public Securities Group | Mar 2023 (3y) | Less than 5% | |
| Yurk, Jeffrey, Donald | Managing Director, Portfolio Manager, Co Head Of Public Securities Group | Mar 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Heitman Llc | Sole Member Of Heitman Real Estate Securities Llc | Dec 1994 | A | 75% or more |
| Ke I Llc | Member Of Heitman Llc | Jan 1999 | B | ≈ 56.25% – 100% via Heitman Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ke I Llc: 75% – 100% of Heitman Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.9 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
- • Performance-based 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
- • Selection of other advisers
Custody
Reported custodians
- State Street $506M (28% of AUM) Mar 2026
- Northern Trust $283M (16% of AUM) Mar 2026
- Merrill Lynch $159M (4% of AUM) Jul 2019
- Fifth Third Bank $139M (8% of AUM) Mar 2026
- BNY Mellon $113M (6% of AUM) Mar 2026
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 27, 2026.
View current Form ADV (SEC/IAPD) ↗