The table that follows is derived from the latest SEC data:

	Name	City	AUM	Clients
1	Brandes Investment Partners	San Diego	$25,945,405,178	19,800
2	Torreycove Capital Partners	San Diego	$18,287,962,533	11-25
3	Guided Choice Asset Management	San Diego	$12,317,410,631	500,000
4	Stepstone Group	La Jolla	$11,926,414,601	100
5	Gurtin Fixed Income Management	Solana Beach	$9,929,753,485	500
6	Chandler Asset Management	San Diego	$8,893,810,490	800
7	LM Capital Group	San Diego	$5,215,906,609	26-100
8	First Allied Advisory Services	San Diego	$4,864,088,841	25,800
9	Clarivest Asset Management	San Diego	$4,150,278,731	11-25
10	Globeflex Capital	San Diego	$3,611,000,000	26-100
11	Dowling & Yahnke	San Diego	$3,047,962,290	1,000
12	Aletgris Advisors	La Jolla	$2,105,402,681	26-100
13	Rice Hall James & Associates	San Diego	$1,955,115,330	300
14	Nicholas Investment Partners	Rancho Santa Fe	$1,876,535,379	26-100
15	American Assets Investment Management	San Diego	$1,661,745,223	26-100
16	Independent Financial Group	San Diego	$1,647,108,373	5,700
17	Cuso Financial Services	San Diego	$1,564,559,871	6,000
18	EAM Investors	Cardiff	$1,266,828,504	26-100
19	LM Advisors	San Diego	$1,256,305,636	600
20	Pure Financial Advisors	San Diego	$1,196,742,924	1,400
21	Dunham & Associates Investment Counsel	San Diego	$1,191,835,520	3,900
22	Wall Street Associates	La Jolla	$1,075,551,757	11-25
23	Cardiff Park Advisors	Carlsbad	$1,034,925,745	325
24	IPG Investment Advisors	San Diego	$1,013,080,208	700

 

 

There are some interesting little stories in here.

Torreycove Capital, founded in 2011, manages $18 billion for fewer than 25 clients, mostly pension and profit sharing plans. Torreycove was named in June as private equity consultant for the $79.2 billion New Jersey Pension Fund.

Brandes has seen its assets under management plummet since 2007, when it had $111 billion under management. According to Pensions & Investments magazine, Brandes’ two largest strategies — international equity and global equity — have been hit hard in recent years. In 2008, Brandes’ AUM declined more than 50% to $52.9 billion.

Stepstone may be the most interesting of them all. StepStone, founded by Monte Brem and Thomas Keck, has grown into a  self-described”global private markets firm.” It oversees $75 billion of private capital allocations in addition to its $11.9 billion under management. Stepstone serves as private equity advisor for the states of Connecticut and Wisconsin.

Last year, Stepstone leased the entire 17th floor at the Lipstick Building, the site where Bernie Madoff ran his $65 billion Ponzi scheme.