Angeles Investments
Angeles Investments is a 100% employee-owned multi-asset investment firm founded in 2001 that delivers outsourced CIO and advisory services to institutional clients (endowments, foundations, nonprofits) and private wealth and family office services to ultra-high-net-worth families, managing $44.9 billion in client assets as of March 2026.
- Company typePrivate
- Founded2001
- HeadquartersSanta Monica, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Angeles Investments does
Angeles Investments is a privately held, 100% employee-owned multi-asset investment firm founded in 2001 and headquartered in Santa Monica, California. The firm operates two primary business lines from four U.S. offices (Santa Monica, New York, Houston, Dallas): an Outsourced Chief Investment Officer (OCIO) and advisory practice serving institutional clients such as endowments, foundations, and nonprofits, and a private wealth and family office practice serving high-net-worth and ultra-high-net-worth individuals, families, trusts, and estates. As of March 31, 2026, Angeles reported $44.9 billion in total client assets, split between $7.2 billion in discretionary OCIO AUM, $35 billion in non-discretionary advisory AUM, and $2.7 billion in private wealth AUM.
The firm's core technology is a proprietary multi-asset investment management platform that combines in-house research, customized portfolio construction across all asset classes, and back-office support, with a Mission-Related Investing program that integrates philanthropic and investment objectives. Revenue is generated almost entirely through recurring, asset-based advisory and management fees charged on AUM, supplemented by fully discretionary fees on OCIO mandates and non-discretionary advisory fees on the larger advisory book. Distribution is relationship-driven: senior managing directors and partners engage institutional and UHNW prospects directly, supported by inside sales and a Chief Growth Officer.
In recent years Angeles has expanded through acquisition and product extension — forming Angeles Private Investment Company (APIC) in 2023, acquiring boutique family office XO Capital in 2025 and launching Angeles Family Office (AFO) in January 2026, opening a Dallas office in March 2026, and securing a flagship presence in The Rolex Building in Manhattan. The firm is SEC-registered, claims GIPS compliance, is a PRI signatory, and holds B Corporation certification (recertified August 2025). Angeles has been named a Greenwich Best Investment Consultant among midsize advisors for eight consecutive years (2017-2025) and has no external funding, parent company, or public listing.
Angeles Investments firmographics
Firmographics- Name
- Angeles Investments
- Legal name
- Angeles Investment Advisors, LLC
- Website
- https://angelesinvestments.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Angeles Investments is a 100% employee-owned multi-asset investment firm founded in 2001 that delivers outsourced CIO and advisory services to institutional clients (endowments, foundations, nonprofits) and private wealth and family office services to ultra-high-net-worth families, managing $44.9 billion in client assets as of March 2026.
- Ownership category
- akta.pro rank
Angeles Investments industry classification
Industry- Product category
- Investment Management & Wealth Advisory
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282), Investors, Nec (6799)
- akta.pro primary industry
- OCIO & Multi-Asset Outsourced Portfolio Management (FSAAAJAF)
- akta.pro secondary industries
- Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Family Office Advisory (Single/Multi-Family) (FSAEAAAI), Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)
Keywords
Where Angeles Investments is headquartered
LocationHeadquarters
- HQ city
- Santa Monica
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Angeles Investments business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Discretionary OCIO Management: Discretionary investment management fees based on assets under management. AIA manages $7.1 billion in discretionary assets as of September 30, 2025.
- Advisory Services: Non-discretionary advisory fees charged on $35 billion advisory client assets. Angeles does not have discretion over asset allocation decisions but charges a fee for advisory services.
- Private Wealth Management: Wealth management and family office services managing approximately $2.7 billion in assets under management as of December 25, 2025.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Angeles Investments product offering
Product offeringCore offering
Angeles Investments is a multi-asset investment firm providing Outsourced Chief Investment Officer (OCIO) and investment advisory services to institutional clients such as endowments, foundations, and non-profits, alongside discretionary private wealth management and family office services for high-net-worth and ultra-high-net-worth families. The firm builds customized portfolios across asset classes using proprietary research, portfolio implementation, and comprehensive back-office support, and integrates investment management with estate, cash-flow, and philanthropic services through its family office affiliate.
Product overview
Angeles Investments operates as a multi-asset investment firm with two primary business segments: Institutional OCIO & Advisory services (providing outsourced investment office solutions to institutions like endowments and foundations) and Private Wealth & Family Office services (serving high-net-worth and ultra-high-net-worth individuals and families). The firm recently launched Angeles Family Office (AFO) in January 2026 through the acquisition of XO Capital, creating a comprehensive family office offering. Additional offerings include a Mission-Related Investing Program for impact-focused investors and Angeles Private Investment Company (APIC) for private markets. Angeles Investment Advisors oversees discretionary and advisory assets, while Angeles Wealth Management focuses on private client services.
Differentiator
Problem solved
Functional benefit
Products and services
- Institutional OCIO & Advisory Outsourced Chief Investment Officer (OCIO) and investment advisory services for institutional clients including endowments, foundations, and non-profit organizations, providing proprietary research, customized portfolio construction, portfolio implementation, and comprehensive back-office support as a seamless extension of the institution's investment team.
- Private Wealth Management Discretionary portfolio and wealth management services for high-net-worth and ultra-high-net-worth individuals, families, trusts, and estates, providing institutional-quality investment solutions and access typically reserved for large institutional investors.
- Angeles Family Office (AFO) Dedicated family office affiliate serving ultra-high-net-worth families with comprehensive services including estate planning coordination, bill pay, cash-flow management, balance sheet reporting, investment management, and philanthropic services.
- Angeles Private Investment Company (APIC) Private investment company subsidiary expanding Angeles Investments' private markets capabilities for institutional and private wealth clients, operating under a separate CEO and dedicated brand within the firm.
Companies that use Angeles Investments
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Angeles Investments technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Angeles Investments partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- XO CapitalcoreXO Capital was acquired by Angeles Wealth Management in January 2026, marking the launch of Angeles Family Office (AFO). XO Capital was a boutique firm offering comprehensive family office and investment management services founded in 2021 by Adam Stern and Jason Oclaray. The acquisition combines institutional investing capabilities, wealth management expertise, and sophisticated family office services.
Scale indicators8 records
Recent moves10 records
Expansion highlights6 records
Angeles Investments competitors and assessment
Company assessmentDirect peers
- Cambridge Associates: Cambridge Associates is a direct peer providing OCIO, investment research, and portfolio implementation services to institutional clients (endowments, foundations) and private wealth clients. It is widely regarded as the premier mid-to-large OCIO provider competing directly with Angeles in the institutional advisory market.
- NEPC: NEPC is a direct OCIO and investment consulting peer serving institutional clients including endowments, foundations, and pension funds. Like Angeles, NEPC focuses on OCIO services for institutions and offers customized portfolio construction across asset classes.
- Marquette Associates: Marquette Associates is a direct peer providing institutional investment consulting and OCIO services to endowments, foundations, and pension funds. The firm is comparable in size and business model to Angeles Investment Advisors.
- Verus Investments: Verus is a direct peer offering OCIO, investment consulting, and discretionary management to institutional clients including endowments, foundations, and corporate pensions. Comparable OCIO-focused mid-size firm competing in similar client segments.
- Meketa Investment Group: Meketa is a direct peer providing OCIO and investment consulting services to institutional clients. Comparable mid-size OCIO competitor targeting endowments, foundations, and corporate pensions.
- Bessemer Trust: Bessemer Trust is a direct peer providing multi-family office and wealth management services to UHNW families. Comparable to Angeles Family Office in serving wealthy families with institutional-quality investment management and comprehensive family office services.
- Glenmede: Glenmede is a direct peer providing investment management and wealth advisory services to UHNW families and institutional clients. Comparable to Angeles Wealth Management with similar employee-owned structure and family office focus.
Broad incumbents
- Mercer Investments: Mercer is a broad incumbent providing OCIO, investment consulting, and wealth management services globally as part of Marsh McLennan. Competes with Angeles for institutional OCIO mandates but operates at much greater scale and geographic breadth.
- Russell Investments: Russell Investments is a broad incumbent offering OCIO, investment management, and consulting services to institutional clients globally. A direct competitor in OCIO but with significantly larger AUM and broader product capabilities.
- Brown Brothers Harriman (BBH) Wealth Management: BBH Wealth Management is a broad incumbent providing private banking, investment management, and family office services to UHNW families. Competes with Angeles Wealth and Angeles Family Office but operates as part of the larger BBH financial services franchise.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Angeles Investments social profiles
Digital presenceAngeles Investments compliance and trust
Trust signalCompliance3 records
Angeles Investments financial estimates
Financial estimateRevenue estimate
Valuation estimate
Angeles Investments leadership team
Management profileNumber of profiles
Profiles11 records
Angeles Investments subsidiaries and ownership
Company hierarchySubsidiaries3 records
Angeles Investments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Angeles Investments M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Angeles Investments
What does Angeles Investments do?
Angeles Investments is a multi-asset investment firm providing Outsourced Chief Investment Officer (OCIO) and investment advisory services to institutional clients such as endowments, foundations, and non-profits, alongside discretionary private wealth management and family office services for high-net-worth and ultra-high-net-worth families. The firm builds customized portfolios across asset classes using proprietary research, portfolio implementation, and comprehensive back-office support, and integrates investment management with estate, cash-flow, and philanthropic services through its family office affiliate.
Is Angeles Investments a public or private company?
Angeles Investments is a private company. It is classified as management employee owned and is currently operating.
When was Angeles Investments founded?
Angeles Investments was founded in 2001. It employs 11 to 50 people.
Where is Angeles Investments based?
Angeles Investments is headquartered in Santa Monica, United States, in the North America region.
How does Angeles Investments make money?
Three revenue lines are on record. Discretionary OCIO Management is the primary driver. The others are advisory Services and private Wealth Management.
Who are Angeles Investments's main competitors?
Direct peers on record are Cambridge Associates, NEPC, Marquette Associates, Verus Investments, Meketa Investment Group, Bessemer Trust and Glenmede. Broad incumbents are Mercer Investments, Russell Investments and Brown Brothers Harriman (BBH) Wealth Management.
Does Angeles Investments have an API?
No public API is recorded for Angeles Investments.
What industry is Angeles Investments in?
Angeles Investments's product category is Investment Management & Wealth Advisory. Its primary akta.pro industry code is FSAAAJAF, OCIO & Multi-Asset Outsourced Portfolio Management, with a secondary code of FSAAACAG, Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions). Its NAICS code is 523940 and its SIC code is 6282.