M&T Bank
$3.2B reported client assets across 4 advisory firms in FY2025 annual amendments
Reported client assets over time
Same-firm comparison: 3 firms that reported M&T Bank in both FY2024 and FY2025 annual amendments (ADV Item 5.K.(3)). Fiscal years come directly from the SEC filing-type table; filing dates are not used as a year-end proxy. 2017, 2018, 2019, 2020, 2021, 2022 are shown but partial — only FY2017: 1 cohort firms, FY2018: 1 cohort firms, FY2019: 1 cohort firms, FY2020: 1 cohort firms, FY2021: 1 cohort firms, FY2022: 2 cohort firms.
| Advisory firm | RAUM at custodian | Firm total AUM | Share | As of |
|---|---|---|---|---|
| Wainwright Investment Counsel Llc | $2.9B | $5.5B | 52.6% | 03/31/2026 |
| Us Asset Management, Llc | $246M | $358M | 68.6% | 03/05/2026 |
| Capital Financial, Llc | $19.9M | $159M | 12.5% | 03/31/2026 |
| Tr Capital Management, Llc | $1.9M | $166M | 1.1% | 03/27/2026 |
From Form ADV Schedule D 5.K.(3): custodians named at the 10%-of-SMA-assets threshold, with reported dollar amounts. "Share" is reported amount as a share of the firm's total regulatory AUM.