Firm profile

ASB CAPITAL MANAGEMENT LLC

BETHESDA, MDCRD 110995Latest ADV April 29, 2026

Asb Capital Management LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Bethesda, MD. Its latest Form ADV filing, dated April 29, 2026, reports $36.7B in regulatory assets under management, 62 employees, 1 office, and 84 accounts.

Assets Under Management
$36.7B
Employees
62
Offices
1 office
Total Clients
83
Primary office
BETHESDA, MD
7501 WISCONSIN AVENUE, WEST TOWER, 13TH FLOOR, BETHESDA, MD, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links

Leadership

4 roles identified
CEORobert B. Bellinger
CCOPaul R. Duncan
CFOJoel A. Friedman

Advisory services offered

3 types reported
Portfolio management for businesses
Portfolio management for individuals and small businesses
Portfolio management for pooled investment vehicles

Fee models offered

2 types reported
Asset based fees
Performance-based fees
Sources checked May 13, 2026

Client Coverage Demographics

Top client segmentPension Plans represent 25.3% of total clients.
Top client categories% of clientsClients
1
Pension Plans
25.3%
21
2
Corporations
22.9%
19
3
Charitable
21.7%
18
4
Insurance Cos.
21.7%
18
5
Pooled Investment Vehicles
6.0%
5
Categories with <5 clients
High net worth individuals (HNWI)<5 clients
State or municipal government entities (including govt. pension plans)<5 clients

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$36.7Bas of April 29, 2026
Discretionary100.0%
$36.7B
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Assets under management Growth by Quarter

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

Latest AUM$36.7B
Total Accounts84
10Y AUM Change+$13.0B (+54.8%)

Employee Growth by Quarter

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

Total Employees62
Clients per Employee1:1
10Y Employee Change-8 (-11.4%)

* 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.