Firm profile

Chevy Chase Trust Company

BETHESDA, MDCRD 110742Registration Status: ApprovedEffective since December 24, 1997SEC # 801-55134Latest ADV March 31, 2026

Chevy Chase Trust Company is an SEC registered investment adviser organized as a corporation with a primary office location in Bethesda, MD. Its latest Form ADV filing, dated March 31, 2026, reports $44.9B in regulatory assets under management, 119 employees, 2 offices, and 5,097 accounts.

Assets Under Management
$44.9B
Employees
119
Offices
2 offices
Total Clients
1,245

Associated firm names

5 names listed
  • AMI, A DIVISION OF CHEVY CHASE TRUST COMPANY
  • CHEVY CHASE TRUST INVESTMENT ADVISORS
  • CHEVY CHASE TRUST COMPANY
  • CHEVY CHASE CAPITAL ADVISORS

Leadership

4 roles identified
CEOJohn J. Whitaker
CCOPaul R. Duncan
CFOJoel A. Friedman

Advisory services offered

8 types reported
Educational seminars/workshops
Financial Planning Services
Other advisory services

Fee models offered

2 types reported
Asset based fees
Fixed fees

Offices & Contact

Primary office

BETHESDA, Maryland, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

Maryland

BETHESDAPrimary office

Virginia

MCLEAN

2 office records listed · 2 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$44.9Bas of March 31, 2026
Discretionary100.0%
$44.9B
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Client Coverage Demographics

Top client segmentHNWI represent 94.5% of total clients.
Top client categories% of clientsClients
1
HNWI
94.5%
1,177
2
Charitable
3.7%
46
3
Corporations
0.9%
11
4
Pooled Investment Vehicles
0.3%
4
5
Government
0.2%
3
Categories with <5 clients
Pension and profit sharing plans<5 clients
State or municipal government entities (including govt. pension plans)<5 clients

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$44.9B
Total Accounts5,097
10Y AUM Change+$19.4B (+76.0%)

Private Funds

Private funds reported by Chevy Chase Trust Company

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees119
Clients per Employee10:1
10Y Employee Change+36 (+43.4%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
CHEVY CHASE TRUST HOLDINGS, LLCDirect owner · Schedule AInterest in CHEVY CHASE TRUST COMPANY
75%+
WESTMINSTER INVESTING, LLCIndirect owner · Schedule BInterest in CHEVY CHASE TRUST HOLDINGS, LLC
75%+
CHEVY CHASE HOLDINGS, INC.Indirect owner · Schedule BInterest in WESTMINSTER INVESTING, LLC
75%+
BERNARD FRANCIS II SAULIndirect owner · Schedule BInterest in CHEVY CHASE HOLDINGS, INC.
75%+

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Chevy Chase Trust Company.

Reported ownership and control details

Form ADV · Filing date 2026-03-31 · Schedules A and B

17 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1BERNARD FRANCIS II SAULCHAIRMAN OF THE BOARD OF DIRECTORS AND DIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesCHAIRMAN OF THE BOARD OF DIRECTORS AND DIRECTOR11/1997Schedule APDF page 25
2WILLIAM F (MI ONLY) MCSWEENYDIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesDIRECTOR11/1997Schedule APDF page 25
3PAUL ROY DUNCANCHIEF COMPLIANCE OFFICERIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER01/2005Schedule APDF page 25
4CHEVY CHASE TRUST HOLDINGS, LLCOWNERDomestic entityCHEVY CHASE TRUST COMPANY75% or moreCode EYesOWNER02/2009Schedule APDF page 25
5HOWARD GREGORY PLATTSDIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesDIRECTOR03/2009Schedule APDF page 25
6GILBERT MELVILLE GROSVENORDIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesDIRECTOR01/2010Schedule APDF page 25
7GEORGE PATRICK CLANCYDIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesDIRECTOR07/2010Schedule APDF page 25
8JOEL ALBERT FRIEDMANCHIEF FINANCIAL OFFICERIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesCHIEF FINANCIAL OFFICER03/2010Schedule APDF page 25
9WENDELIN ANITA WHITEDIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesDIRECTOR12/2011Schedule APDF page 25
10Earl Alexander PowellDIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesDIRECTOR04/2018Schedule APDF page 26
11PATRICIA SAULVICE CHAIR OF THE BOARD OF DIRECTORS AND DIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesVICE CHAIR OF THE BOARD OF DIRECTORS AND DIRECTOR03/2022Schedule APDF page 26
12LYNN M. PANAGOSCHIEF OPERATING OFFICERIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesCHIEF OPERATING OFFICER07/2012Schedule APDF page 26
13JOHN JEFFREY WHITAKERPRESIDENT, CEO AND DIRECTORIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesPRESIDENT, CEO AND DIRECTOR01/2021Schedule APDF page 26
14Kevin M. HeilendayGENERAL COUNSELIndividualCHEVY CHASE TRUST COMPANYLess than 5%Code NAYesGENERAL COUNSEL01/2024Schedule APDF page 26
15WESTMINSTER INVESTING, LLCOWNERDomestic entityCHEVY CHASE TRUST HOLDINGS, LLC75% or moreCode EYesOWNER02/2009Schedule BPDF page 26
16CHEVY CHASE HOLDINGS, INC.OWNERDomestic entityWESTMINSTER INVESTING, LLC75% or moreCode EYesOWNER02/2009Schedule BPDF page 26
17BERNARD FRANCIS II SAULOWNERIndividualCHEVY CHASE HOLDINGS, INC.75% or moreCode EYesOWNER02/2009Schedule BPDF page 26

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 3/31/2026 4:04:24 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.