Victory Capital Reports March 2026 Total Client Assets

Key Terms

assets under management financial

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

aum financial

Assets under management (AUM) is the total market value of investments that a financial firm or fund manages on behalf of clients. Investors watch AUM like the size of a shop: larger AUM can mean more fee revenue, greater market influence and perceived stability, while rapid changes in AUM signal growing popularity or redemptions that may affect future earnings and investment strategy.

etfs financial

ETFs, or exchange-traded funds, are investment funds that hold a collection of stocks, bonds, or other assets, and can be bought or sold on stock exchanges like individual shares. They offer investors an easy way to diversify their holdings and access different markets or sectors without buying multiple individual assets. Because they are traded throughout the day, ETFs provide flexibility and can help investors manage risk while pursuing their financial goals.

regulatory assets under management regulatory

Regulatory assets under management are the total client funds and investments that a firm is required to report to regulators as being under its control or advisory responsibility. For investors, this number signals the firm’s scale and the fees it can earn, and it is used by regulators to monitor risk, compliance and potential conflicts — like a publicly listed headcount that shows how much responsibility a manager carries.

form adv part 1 regulatory

Form ADV Part 1 is the section of the disclosure document that investment advisers file with U.S. regulators, listing factual details such as ownership, assets under management, types of clients, and any disciplinary history. For investors it acts like a public ID card or business profile that helps compare advisers, check for potential conflicts of interest, and verify regulatory standing before trusting someone with money.

Schedules First-Quarter Financial Results Conference Call for May 7

SAN ANTONIO, Texas--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported Total Assets Under Management (AUM) of $309.8 billion, Other Assets of $3.3 billion, and Total Client Assets of $313.1 billion, as of March 31, 2026.

For the month of March, Average Total AUM was $315.3 billion, average Other Assets was $3.2 billion, and average Total Client Assets was $318.5 billion.

For the first quarter, the Company reported long-term AUM net flows of -$457 million.

Victory Capital Holdings, Inc.
Total Client Assets (unaudited; in millions) 1
	As of:
By Asset Class	March 31, 2026			February 28, 2026
Solutions	$	92,396		$	96,113
Fixed Income		79,716			80,827
U.S. Mid Cap Equity		29,283			31,411
U.S. Small Cap Equity		10,535			11,453
U.S. Large Cap Equity		59,798			63,359
Global / Non-U.S. Equity		31,473			34,176
Alternative Investments		3,033			2,928
Total Long-Term Assets	$	306,235		$	320,267
Money Market / Short Term Assets		3,599			3,752
Total Assets Under Management2	$	309,835		$	324,019
By Vehicle
Mutual Funds3	$	167,775		$	176,203
Separate Accounts and Other Pooled Vehicles4		125,659			131,091
ETFs5		16,401			16,725
Total Assets Under Management2	$	309,835		$	324,019

Other Assets6
Institutional	$	3,268		$	3,083
Total Other Assets	$	3,268		$	3,083
Total Client Assets
Total Assets Under Management	$	309,835		$	324,019
Total Other Assets		3,268			3,083
Total Client Assets	$	313,103		$	327,103
By Region
U.S.	$	258,054		$	269,771
Non-U.S.		55,049			57,332
Total Client Assets	$	313,103		$	327,103

First-Quarter Conference Call and Webcast Details

Victory Capital will report first-quarter 2026 financial results after the market closes on Wednesday, May 6, 2026. The Company will host a conference call the following morning, Thursday, May 7, at 8:00 a.m. ET to discuss the results. Victory Capital’s earnings release and supplemental materials will be available on the investor relations section of the Company’s website at https://ir.vcm.com before the conference call begins.

To participate in the conference call, please call 1-833-461-5787 (domestic) or 1-585-542-9983 (international), shortly before 8:00 a.m. ET and reference the Victory Capital Conference Call. A live, listen-only webcast will also be available via the investor relations section of the Company’s website at https://ir.vcm.com. For anyone who is unable to join the live event, an archive of the webcast will be available for replay, at the same location, shortly after the call concludes.

1	Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.
2	Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.
3	Includes institutional and retail share classes, money market and VIP funds
4	Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.
5	Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products.
6	Includes low-fee (2 to 4 bps) institutional assets. These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1.

About Victory Capital

Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm with $313.1 billion in total client assets, as of March 31, 2026. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance.

Victory Capital is headquartered in San Antonio, Texas. To learn more, visit www.vcm.com or follow us on Facebook, Twitter (X), and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260413948699/en/

Investors:
Matthew Dennis, CFA
Chief of Staff
Director, Investor Relations
216-898-2412
mdennis@vcm.com

Media:
Jessica Davila
Director of Global Communications
210-694-9693
Jessica_davila@vcm.com

Source: Victory Capital Holdings, Inc.