What Angeles Investment Advisors, LLC does

Angeles Investment Advisors, LLC is a 100% employee-owned, independent multi-asset investment firm founded in 2001 and headquartered in Santa Monica, California, with additional offices in New York, Houston, and Dallas. The firm operates as an Outsourced Chief Investment Officer (OCIO), providing institutional clients — pension funds, endowments, foundations, and non-profits — and ultra-high-net-worth families with the resources of a comprehensive investment office, including investment policy and governance frameworks, customized multi-asset portfolio construction, manager research and selection, and back-office support. As of March 31, 2026, the firm reported $44.9 billion in total assets, comprising $7.2 billion in discretionary OCIO assets under management, $35 billion in advisory assets (where the firm charges a fee but does not control asset allocation), and $2.7 billion in private wealth assets. Angeles Family Office was launched in January 2026 following the 2025 acquisition of XO Capital, extending the firm's private wealth service line. The firm is B Corp certified (recertified August 2025 through August 2028), GIPS compliant, and a PRI signatory, and has been named Greenwich Best Investment Consultant among midsize advisors for eight consecutive years. Revenue is generated primarily through recurring, AUM-based fees on both discretionary OCIO mandates and advisory relationships, distributed via senior-led, direct enterprise relationship management across its four regional offices.

Name

Angeles Investment Advisors, LLC

Legal name

Angeles Investment Advisors, LLC

Website

https://angelesadvisors.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Angeles Investment Advisors is a 100% employee-owned OCIO and private wealth manager founded in 2001, serving institutional investors and UHNW families with multi-asset portfolio management across $44.9B in assets under management and advisory as of March 2026.

Ownership category

akta.pro rank

Product category

Investment Management & Outsourced CIO Services

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

OCIO Providers (Outsourced CIO) (FSAAAGAH)

akta.pro secondary industries

OCIO & Multi-Asset Outsourced Portfolio Management (FSAAAJAF), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)

Keywords

• Outsourced investment office
• Multi-asset portfolio management
• Institutional OCIO services
• Private wealth management
• Investment advisory services

Headquarters

HQ city

Santa Monica

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Discretionary OCIO Management: Full discretion over $7.2 billion in assets under management. Angeles makes investment decisions on behalf of institutional clients.
2. Advisory Services: Advisory services for $35 billion in assets where Angeles does not have discretion over asset allocation decisions but charges a fee.
3. Private Wealth Management: Investment management and family office services for $2.7 billion in private wealth assets for ultra-high-net-worth individuals and families.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Angeles Investment Advisors is an independent, 100% employee-owned investment firm providing Outsourced Chief Investment Officer (OCIO) services to institutional clients (pension funds, endowments, foundations, non-profits) and private wealth services to ultra-high-net-worth families. The firm builds customized multi-asset portfolios using proprietary research and provides comprehensive back-office support, including governance framework, investment management, and mission-related investing capabilities. Total assets under management reach $44.9 billion across discretionary OCIO, advisory, and private wealth segments.

Product overview

Angeles Investment Advisors, LLC operates as a multi-asset investment firm offering two integrated service lines: Institutional OCIO & Advisory services for institutions seeking outsourced investment office capabilities, and Private Wealth & Family Office services for wealthy individuals and families. The firm launched Angeles Family Office (AFO) in January 2026, expanding its reach into the Texas market. All services are backed by proprietary research, portfolio implementation capabilities, and comprehensive back office support, with $44.9 billion in total assets under management as of March 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Institutional OCIO & Advisory Outsourced Chief Investment Officer (OCIO) and advisory services for institutional clients such as pension funds, endowments, foundations, and non-profits, providing investment management, customized portfolio construction, governance framework, and back office support.
• Private Wealth & Family Office Investment management and family office services for ultra-high-net-worth individuals and families, offering complex wealth planning, family legacy planning, strategic philanthropy advisory, and institutional-level investment management.
• Angeles Family Office Family office affiliate providing comprehensive family office and investment management services for ultra-high-net-worth families requiring institutional-level investment management, established following the acquisition of XO Capital.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• XO CapitalcoreStrategic or Co-development Partner · 1 January 2025Angeles Wealth Management acquired XO Capital, a boutique firm offering comprehensive family office and investment management services. This acquisition marked the launch of Angeles Wealth's family office affiliate, Angeles Family Office, in January 2026.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Verus Investments: Mid-size OCIO and investment consultant serving institutional clients including pensions, endowments, and foundations. Closely comparable in size, OCIO focus, and institutional client mix to Angeles.
• Meketa Investment Group: Mid-size OCIO and investment consulting firm focused on institutional investors (public pensions, corporate plans, endowments, foundations). Direct comparable in client base and OCIO service model.
• NEPC: Independent investment consulting firm providing OCIO and advisory services to institutional clients including endowments, foundations, and public pensions. Directly comparable in service mix and target market.
• Marquette Associates: Independent institutional investment consulting and OCIO firm serving pensions, endowments, foundations, and corporate plan sponsors. Closely comparable mid-size peer with similar OCIO mandate profile.
• Cambridge Associates: Investment advisor to institutional investors (endowments, foundations, pensions) and UHNW families, offering OCIO and private wealth services. Slightly larger and more established, but directly comparable in client segments and multi-asset approach.
• Commonfund: OCIO and investment management firm purpose-built for endowments, foundations, and other mission-driven institutional investors. Comparable client focus and OCIO delivery model.

Broad incumbents

• Mercer: Global investment consulting and OCIO incumbent within a broader HR/benefits portfolio. Larger scale and global reach position Mercer as a competitor on large institutional mandates.
• Russell Investments: Large global asset manager and OCIO provider with multi-asset capabilities and significant institutional footprint. Competes for the same OCIO mandates but with materially broader product and geographic reach.
• Aon (Investment Solutions): Investment consulting and OCIO arm of global professional services firm Aon. Competes for institutional OCIO mandates with scale, research depth, and cross-sell capabilities Angeles cannot match.
• Northern Trust Wealth Management: Large U.S. wealth manager and OCIO provider offering multi-asset investment management and family office services to UHNW families and institutions. Comparable in UHNW/FO segment but operates at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/angeles-investment-advisors
• Xx.com/angelescio
• Facebookfacebook.com/angelesadvisors

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Angeles Investment Advisors, LLC