Pugh Capital Management, Inc.
- Regulatory AUM
- $12.8B
- Discretionary
- $12.8B
- Clients
- 52
- Avg AUM / client
- $247M
- Accounts
- 82
- Employees
- 39
AUM over time
Annual snapshots from Form ADV filings · as of Mar 24, 2026
Asset allocation (SMA assets by investment type)
as of Mar 24, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 2 | $277M | 2.16% |
| Pension and profit sharing plans | 13 | $2.5B | 19.6% |
| Charitable organizations | 11 | $900M | 7.02% |
| State or municipal government entities | 17 | $4.8B | 37.2% |
| Other investment advisers | 2 | $307M | 2.4% |
| Insurance companies | 2 | $1.9B | 14.7% |
| Corporations and other businesses | 3 | $697M | 5.43% |
| Other | 2 | $1.5B | 11.4% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Pacific Gas And Electric Company Retirement Plan Pacific Gas And Electric Company | 2024 | |
| Target Corporation Pension Plan Target Corporation | 2024 | |
| Usg Corporation Retirement Plan Usg Corporation | 2024 |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mary E. Pugh | Ceo & Chief Investment Officer | Jun 1991 (35y) | 25% – 50% | |
| Stephens, Katherine, Marie | Chief Compliance Officer | Aug 2016 (10y) | Less than 5% | |
| Cook, Ryan, Douglas | Shareholder | Apr 2017 (9y) | 5% – 10% | |
| Lou, Yuyan | Shareholder | Apr 2017 (9y) | 5% – 10% | |
| Hobson, Deanna, Dee | Executive Vice President, Marketing And Client Service | Sep 2018 (8y) | 5% – 10% | |
| Larson, Jean David, Henri Pascal | Chief Operating Officer | Feb 2019 (8y) | 5% – 10% | |
| Christopher Naoto Kelley | Registered representative | Mar 2010 (16y) | ||
| Darius Beni Cayetano | Registered representative | Dec 2012 (14y) | ||
| Adrian Sean Johnson | Registered representative | Jan 2018 (9y) |
Undisclosed: 5% – 55% 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 (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Pacific Gas And Electric Company Retirement Plan | Pacific Gas And Electric Company | 28,573 | $17.6B | 01/01/2024 |
| Target Corporation Pension Plan | Target Corporation | 38,299 | $3.3B | 01/01/2024 |
| Usg Corporation Retirement Plan | Usg Corporation | 6,329 | $634M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/24/2026 | 1.2 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 pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- State Street $5.0B (39% of AUM) Mar 2026
- BNY Mellon $4.9B (39% of AUM) Mar 2026
- Northern Trust $2.3B (18% of AUM) Mar 2026
- J.P. Morgan $1.3B (11% of AUM) Mar 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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 24, 2026.
View current Form ADV (SEC/IAPD) ↗