Marsico Capital Management, Llc
- Regulatory AUM
- $4.3B
- Discretionary
- $4.3B
- Clients
- 29
- Avg AUM / client
- $147M
- Accounts
- 37
- Employees
- 26
AUM over time
Annual snapshots from Form ADV filings · as of Jul 22, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | Fewer than 5 clients | $1.1M | 0.03% |
| High net worth individuals | 23 | $807M | 18.9% |
| Banking or thrift institutions | Fewer than 5 clients | $0 | — |
| Investment companies | 5 | $2.7B | 63.6% |
| Pooled investment vehicles (non-investment companies) | 1 | $317M | 7.44% |
| Pension and profit sharing plans | Fewer than 5 clients | $181M | 4.24% |
| Charitable organizations | Fewer than 5 clients | $128M | 3.0% |
| State or municipal government entities | Fewer than 5 clients | $0 | — |
| Other investment advisers | Fewer than 5 clients | $0 | — |
| Insurance companies | Fewer than 5 clients | $0 | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $0 | — |
| Corporations and other businesses | Fewer than 5 clients | $118M | 2.77% |
| Other | Fewer than 5 clients | $0 | — |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Marsico, Thomas, Frank | Chief Executive Officer And President | Sep 1997 (29y) | ≈ 7.91% – 50% via Tfm Holdings Partnership Lllp | |
| Girvan, Christopher, Lee | Executive Vice President, Chief Compliance Officer, And Secretary | Jan 2022 (5y) | Less than 5% | |
| Lloyd, Jason, Edward | Executive Vice President, Chief Financial Officer And Treasurer | Mar 2023 (3y) | Less than 5% | |
| Edward Winston Peale Lapham | Registered representative | Jun 2022 (4y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Marsico Subco, Llc | Member | Nov 2010 | A | 75% or more |
| Marsico Holdings, Llc | Intermediate Parent | Nov 2010 | B | ≈ 56.25% – 100% via Marsico Subco, Llc |
| Tfm Holdings Partnership Lllp | Ultimate Parent | Nov 2010 | B | ≈ 10.55% – 50% via Marsico Group, Llc |
| Marsico Group, Llc | Largest Member | Nov 2010 | B | ≈ 14.06% – 50% via Marsico Holdings, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Marsico, Thomas, Frank: 75% – 100% of Tfm Holdings Partnership Lllp × 75% – 100% of Marsico Group, Llc × 25% – 50% of Marsico Holdings, Llc × 75% – 100% of Marsico Subco, Llc × 75% – 100% direct ≈ 7.91% – 50% of the firm
- Marsico Holdings, Llc: 75% – 100% of Marsico Subco, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Tfm Holdings Partnership Lllp: 75% – 100% of Marsico Group, Llc × 25% – 50% of Marsico Holdings, Llc × 75% – 100% of Marsico Subco, Llc × 75% – 100% direct ≈ 10.55% – 50% of the firm
- Marsico Group, Llc: 25% – 50% of Marsico Holdings, Llc × 75% – 100% of Marsico Subco, Llc × 75% – 100% direct ≈ 14.06% – 50% 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) | 05/05/2026 | 1010 KB | 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
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
- J.P. Morgan $925M (22% of AUM) May 2026
- Wells Fargo $806M (18% of AUM) Nov 2021
- Northern Trust $181M (4% of AUM) May 2026
- Principal Bank $124M (3% of AUM) May 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: Jul 22, 2026.
View current Form ADV (SEC/IAPD) ↗