Managed Account Advisors LLC

Registered investment adviser · Jersey City, NJ · CRD #142558

Form ADV data as of 2026-09-01

Regulatory assets

$994.99 billion

Total accounts

2,220,463

Employees

Disclosure events

Firm details

Website: http://www.pbig.ml.com
Telephone: 201-557-0504
SEC file number: 801-67569
Most recent Form ADV filing: 2026-07-27
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 16 disclosure questions answered Yes, covering 59 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

SEC or CFTC found a false statement or omission
SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC entered an order in connection with investment-related activity
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
Another regulator found a violation of investment-related regulations or statutes
Another regulator entered an order in connection with investment-related activity (past 10 years)
Another regulator denied, suspended, or revoked a registration or restricted activity
A self-regulatory organization found a false statement or omission
A self-regulatory organization found a violation of its rules
A self-regulatory organization expelled, suspended, barred, or restricted the firm
Currently subject to a regulatory proceeding that could result in a disclosure under 11.C., 11.D., or 11.E.
A court enjoined the firm in connection with investment-related activity (past 10 years)
A court found involvement in a violation of investment-related statutes or regulations
A court dismissed an investment-related civil action under a settlement agreement
Currently subject to a civil proceeding that could result in a disclosure under 11.H.(1)

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$994.99 billion
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$994.99 billion
Discretionary accounts	2,220,463
Non-discretionary accounts	0
Total accounts	2,220,463
Regulatory assets under management attributable to non-U.S. persons	$11.04 billion

People

Total employees (excluding clerical)	61
Employees performing investment advisory functions (including research)	25
Employees who are registered representatives of a broker-dealer	0
Employees registered as investment adviser representatives with a state	25
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	2

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
Client funds and securities held in the firm's custody	$0
Clients for whom the firm has custody	0
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$983.15 billion
Clients for whom a related person has custody	1,454,603
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	Yes
Number of persons acting as qualified custodians for the firm's clients	4

How the firm is compensated

A percentage of assets under management

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered security-based swap dealerFutures commission merchantBanking or thrift institutionTrust companyInsurance company or agencyPension consultantReal estate broker or dealer

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys securities from or sells securities to advisory clients (principal transactions)
Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Executes agency cross transactions involving advisory client securities
Recommends securities for which it serves as underwriter or general partner
Recommends securities in which it has another sales interest
Brokers or dealers selected under 8.C.(3) are related persons
Recommends brokers or dealers to clients
Brokers or dealers recommended under 8.E. are related persons
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	1,040,100	$249.70 billion
High net worth individuals	373,481	$648.99 billion
Pension and profit sharing plans (not the participants or government plans)	12,319	$17.08 billion
Charitable organizations	4,927	$26.25 billion
Insurance companies	139	$824.7 million
Corporations or other businesses not listed above	15,280	$51.71 billion
Other	12	$435.5 million