SEC-registered independent wealth management RIA
Tocqueville Asset Management LP
As of its Form ADV filed March 31, 2026, Tocqueville Asset Management LP, an SEC-registered independent wealth management RIA in New York, New York, reported $10.2 billion in regulatory assets under management across 2,314 accounts, ranking #12 among independent RIAs in New York by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 105690
- SEC file number
- 801-36209
- Registered since
- April 27, 1990
- Latest Form ADV filing
- March 31, 2026
- Organized as
- Limited Partnership
- Fiscal year ends
- December
- Other offices
- 1
Key figures
- Regulatory assets under management
- $10.2 billion
- Discretionary
- $9.3 billion (91.0%)
- Non-discretionary
- $922.9 million
- Accounts
- 2,314 (2,193 discretionary)
- Clients
- 1,270, approximate as reported
- Employees
- 73
- Advisory staff
- 35 performing investment advisory functions
- Average account
- $4.4 million
- Asset growth, 1 year
- 6.0% (from $9.7 billion a year earlier)
- Asset growth, 3-year annual rate
- 8.8% (from $7.9 billion three years earlier)
- Asset growth, 5-year annual rate
- 2.4% (from $9.1 billion five years earlier)
- Client growth, 1 year
- -5.5% (from 1,344)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In New York | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #101 | #12 | $10.2 billion |
| Fastest-growing independent RIAs over one year | #5,815 | #309 | 6.0%from $9.7 billion |
| Fastest-growing independent RIAs over three years | #4,465 | #235 | 8.8%from $7.9 billion |
| Fastest-growing independent RIAs over five years | #4,201 | #241 | 2.4%from $9.1 billion |
| Independent RIAs with the biggest asset gains over one year | #352 | #21 | $579.4 million |
| Independent RIAs with the most clients | #711 | #47 | 1,270 |
| Independent RIAs with the fastest client growth over one year | #5,017 | #323 | -5.5%from 1,344 |
| Independent RIAs with the most accounts | #965 | #60 | 2,314 |
| Independent RIAs with the most advisory staff | #263 | #17 | 35 |
| Independent RIAs with the most high net worth clients | #274 | #19 | 741 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $8.5 billion |
| October 3, 2011 | $11.1 billion |
| October 1, 2012 | $10.9 billion |
| October 1, 2013 | $11.5 billion |
| October 1, 2014 | $12.6 billion |
| October 1, 2015 | $13.2 billion |
| October 3, 2016 | $11.3 billion |
| October 2, 2017 | $12.4 billion |
| October 1, 2018 | $12.7 billion |
| October 1, 2019 | $10.9 billion |
| October 1, 2020 | $7.8 billion |
| October 4, 2021 | $9.1 billion |
| October 3, 2022 | $9.6 billion |
| October 5, 2023 | $7.9 billion |
| October 1, 2024 | $8.9 billion |
| September 2, 2025 | $9.7 billion |
| October 2, 2026 | $10.2 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 741 clients | $5.7 billion | |
| Charitable organizations 42 clients | $1.2 billion | |
| Investment companies 3 clients | $956.2 million | |
| Other investment advisers 6 clients | $774.9 million | |
| Pension and profit sharing plans 15 clients | $599.7 million | |
| State or municipal government entities 6 clients | $290.9 million | |
| Corporations or other businesses 26 clients | $279.6 million | |
| Pooled investment vehicles 8 clients | $254.3 million | |
| Insurance companies 5 clients | $181.5 million | |
| Individuals (other than high net worth) 418 clients | $53.9 million | |
| Banking or thrift institutions fewer than 5 clients | $0 | |
| Sovereign wealth funds and foreign official institutions fewer than 5 clients | $0 |
How the firm is paid
- A percentage of assets under management
- Performance-based fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses or institutional clients
- Selection of other advisers
Financial planning clients (Item 5.H): 251-500.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Commodity pool operator or commodity trading advisor
- Sponsor, general partner or managing member of pooled investment vehicles
Advises 5 private funds (Item 7.B).
Custody (Item 9)
The firm reported custody of client cash or securities, $3.2 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 32
- Also registered through a broker-dealer
- 16
- Employees who are IARs (Form ADV 5.B(3))
- 27
Designations held by the firm's IARs: CFA 1.
Between 3 and 15 of the firm's 32 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in New York
| Firm | City | RAUM |
|---|---|---|
| Williams Jones Wealth Management, LLC | New York | $12.5 billion |
| Ritholtz Wealth Management | New York | $9.4 billion |
| Joel Isaacson & Co., LLC | New York | $9.3 billion |
| Vise AI Advisors | New York City | $8.5 billion |
| Douglas C. Lane & Associates | New York | $8.4 billion |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Tocqueville Asset Management LP on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.tocqueville.com
- Independent RIAs in New York
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.