The QPAM exemption is a class prohibited transaction exemption (PTE) that provides broad relief for employee benefit plan and IRA transactions that otherwise would be prohibited under the Employee Retirement Income Security Act, as amended (ERISA), as long as the transactions involve a "qualified professional asset manager" (known commonly by its acronym, QPAM).

Under the QPAM exemption (PTE 84-14 (Final Amendment, as corrected - 89 FR 65779(link is external))) , any entity that relies on the exemption must notify the Department of Labor (Department) of its reliance on the exemption. Below is an alphabetical list as of September 30, 2024, of every entity that has notified the Department that they currently rely on this exemption or may in the future. This list will be periodically updated as additional entities notify the Department.

The Department has not verified whether any of these listed entities meet the exemption’s requirements. An entity’s inclusion on the list should not be taken as the Department's endorsement of the use of the entity as a service provider or fiduciary. Plan fiduciaries should consult with legal counsel regarding contracting with a QPAM and related issues.

Click on each heading to see the entities in that letter range. If you would like to use your browser search function to find a specific entity, first click “Expand All.” For assistance with the QPAM Exemption or this list, please contact the Office of Exemption Determinations (OED) by phone ((202) 693-8540) or email (e-OED@dol.gov).

Legal Name of QPAMOperating Name(s) of QPAM
1607 Capital LLC
1Sharpe Capital LLC
36 South Capital Advisors LLP
400 Capital Management LLC
50 South Capital Advisors, LLC
AACP Investments, LLCAACP Investments
AB CarVal Investors, L.P.
AB Custom Alternative Solutions LLC
AB Private Credit Investors LLC
AB Trust Company, LLC
AB Trust Company, LLC
Abbott Capital Management, LLC
abrdn Inc.abrdn; abrdn Investments
abrdn Investments Limitedabtdn; abrdn Investments
ABS Investment Management, LLC
Acadian Asset Management LLCAcadian Asset Management
Accolade Capital Management, LLCAccolade Partners
ACR Alpine Capital Research, LLC
Adams Street Partners, LLC
Adelante Capital Management, LLC
Advent Capital Management, LLC
Advisors Asset Management, Inc.
Aegon Asset Management UK PlcAegon Asset Management; Aegon AM; AAM UK
Aegon USA Investment Management, LLCAegon Asset Management US; Aegon Asset Management; Aegon AM; Aegon Asset Management North America; Aegon AM US
Aegon USA Realty Advisors, LLCAegon Real Assets US; Aegon Asset Management; Aegon Real Assets; Aegon Asset Management North America; Aegon RA; Aegon AM; Aegon Asset Management NA; Aegon Asset Management Real Assets; Aegon AM Real Assets
Aetos Alternatives Management, LPAetos Alternatives Management
AEW Capital Management, L.P.
Agincourt Capital Management, LLC
AHL Partners LLPMan AHL
Aikya Investment Management Limited
Akre Capital Management, LLC
Aksia LLC
Alcentra Limited
Alcentra NY LLC
Algert Global LLC
AllianceBernstein L.P.
AllianceBernstein L.P.
Allspring Funds Management, LLC
Allspring Global Investments (Singapore) Pte. Ltd.
Allspring Global Investments (UK) Ltd.
Allspring Global Investments, LLC
Alphadyne (Singapore) Pte. Ltd.
Alphadyne Asset Management (Hong Kong) Limited
Alphadyne Asset Management (UK) LLP
Alphadyne Asset Management Holdings Limited
Alphadyne Asset Management LP
AlphaSimplex Group, LLC
Alpine Associates Management Inc.
AlpInvest US Holdings, LLC
Alpstone Capital (Suisse) S.A.
Alta Park Capital, LP
Altrinsic Global Advisors, LLC
American Century Investment Management, Inc.American Century Investments
American Realty Advisors, LLC
Ameriprise Trust Company
AMERRA Capital Management, LLCAMERRA Capital Management; AMERRA Capital; AMERRA
Amundi Asset Management US, Inc.
Ancora Advisors LLC
Ancora Alternatives LLC
Ancora Family Wealth Advisors LLC
Ancora Retirement Plan Advisors LLC
Angel Oak Capital Advisors, LLC
Angelo, Gordon & Co., L.P.TPG Angelo Gordon
Antipodes Partners Limited
Aon Investments USA Inc.
Aperio Group, LLC
Apogem Capital LLCApogem Capital
AQR Arbitrage, LLC
AQR Capital Management, LLC
Arctos Partners, LPArctos Partners
Arena Capital Advisors, LLC
Ares Alternative Credit Management LLC
Ares Capital Management II LLC
Ares Capital Management III LLC
Ares Management LLC
ARGA Investment Management, LP
Argentem Creek PartnersArgentem Creek (ACP)
Ariel Investments, LLC
Aristeia Capital, L.L.C.
Aristides Capital LLC
Aristotle Atlantic Partners, LLC
Aristotle Capital Boston, LLC
Aristotle Capital Management, LLC
Aristotle Pacific Capital, LLC,
Arrowstreet Capital, Limited Partnership
ARS Investment Partners, LLC
Arta Finance Wealth Management, LLCArta Finance
Artisan Partners Limited Partnership
ASB Capital Management LLCASB Real Estate Investments, a division of ASB Capital Management LLC; ASB Investment Management, a division of ASB Capital Management LLC
Aspect Capital Limited
Aspetuck Financial Management, LLC
Asset Management for ProfessionalsAMP Wealth Management
Astignes Capital Asia Pte. Ltd.
Atalanta Sosnoff Capital, LLC
Atalanta Sosnoff Management, LLC
Atalaya Capital Management LP
Ategenos Capital, LLCAtegenos Capital
Atlanta Capital Management Company, LLC
Atomi Financial Group, Inc.Compound Planning; Compound Financial; Compound Advisors; Compound Tax; Atomi Financial Group; Alternativ; Alternativ Wealth.
Atomi Partners, LLCAtomi Partners
Audax Management Company (NY), LLC
Aviva Investors Americas, LLCAviva Investors
AXA Investment Managers US Inc.
Axar Capital Management LP
Axonic Capital LLC
Baillie Gifford International LLC
Baillie Gifford Overseas Limited
Bain Capital Credit, LP
Bain Capital Public Equity, LP
Baird Trust CompanyBaird Trust
BAMCO, Inc.BAMCO
Bandera Partners LLCBandera Partners
Bardin Hill Investment Partners LP
Baring International Investment LTD
Barings LLC
Baron Capital Management, Inc.BCM
Barrow, Hanley, Mewhinney & Strauss LLCBarrow Hanley Global Investors
Beach Point Capital Management LP
Beese Fulmer Investment ManagementBeese Fulmer Private Wealth Management
Bell Asset Management Limited
Bell Asset Management USA Inc
Benchmark Plus Management, LLCBenchmark Plus
Benefit Street Partners L.L.C.
BennBridge LtdSkerryvore Asset Management
BentallGreenOak (U.S.) Limited Partnership
BentallGreenOak Strategic Capital Partners LLC
Beutel, Goodman & Company Ltd.Beutel Goodman Investment Counsel
Black Creek Investment Management Inc.Black Creek Investment Management
BlackRock (Singapore) Limited
BlackRock Advisors, LLC
BlackRock Alternatives Management, LLC
BlackRock Asset Management North Asia Limited
BlackRock Asset Management Schweiz AG
BlackRock Capital Investment Advisors, LLC
BlackRock Capital Management, Inc.
BlackRock Financial Management, Inc.
BlackRock Fund Advisors
BlackRock Institutional Trust Company, National Association
BlackRock International Limited
BlackRock Investment Management, LLC
BlackRock Realty Advisors, Inc.
Blackstone Alternative Asset Management L.P.
Blackstone Alternative Solutions L.L.C.
Blackstone Credit Systematic Strategies LLC
BLS Capital Fondsmaeglerselskab A/S
Blue Edge Capital, LLC
Blue Grotto Capital Cayman LTD
Blue Grotto Capital GP LLC
Blue Grotto Capital LLC
Blue Ocean GP LLC
Blue Owl Credit Private Fund Advisors LLC
Blue Swell Asset Management Private Limited
Boldhaven Management LLPBoldhaven Master Fund; Boldhaven Fund; Boldhaven Fund LP
Bornite Capital Management LP
Boston Common Asset Management, LLCBoston Common Asset Management
Boston Management and Research
Boston Partners Global Investors, IncBoston Partners
Boston Partners Trust CompanyBoston Partners
Boston Trust Walden Company
Boston Trust Walden Inc.
Bosun Asset Management, LLC
Boyar Asset Management, Inc.
Boyd Watterson Asset Management, LLC
Brandes Investment Partners, L.P.
Brandywine Global Investment Management, LLC
Brant Point Investment Management LLC
Breckinridge Capital Advisors, Inc.
Bridgewater Associates, LP
Bridgeway Capital Management, LLC
Brigade Capital Management, LP
Broad Reach Investment Management LLP
Bronte Capital Management Pty LtdBronte Capital
Brooke Prviate Equity Associates Management LLC
Brooklyn Investment Group, LLC
Brown Advisory LLC
Brown Advisory Ltd.
Brown Brothers Harriman & Co.Brown Brothers; Brown Brothers Harriman; BBH; and BBH&Co.
Brown Investment Advisory & Trust Company
C WorldWide Asset Management Fondsmaeglerselskab A/S
Cabana LLCCabana Asset Management
Calamos Advisors LLC
Callan LLC
Calvert Research and Management
Cambiar Investors, LLC
Cambridge Associates Limited, LLC
Cambridge Associates, LLC
Camden Asset Management, L.P.Camden Asset Management
Campbell & Company Investment Adviser, LLCCCIA
Campbell & Company, LPCCLP
Cantillon Capital Management LLC
Cantillon Capital Management LLP
Canyon Capital Advisors, LLC
Canyon Partners Real Estate LLC
Cape Ann Asset Management LimitedCape Ann Asset Management
CapeView Capital LLP
Capital Asset Advisory Services, LLC., d/b/a CG Advisory ServicesThe Prizant Group; Strategic Wealth Concepts; Scarlet Oak Financial Services; Prout Financial Design; Preservation Wealth Management; Michael Donaldson Asset Management; Lumos Wealth Advisors; Life Strategy Financial, LLC; Jefffinancial Group; Evangelista and Associates; CG Financial Services of Virginia; CG Financial Services of North Carolina; CG Financial Services of Caro; CG Financial Services; CG Financial of Williamston; CG Financial of Midland; CG Financial of Caro, CG Advisory Services; CARR Capital LLC; CAPITALWISE Advisors, LLC; Capital Asset Advisory Services, LLC.; Capital Asset Advisory Services, LLC, Austin Tax; Advancement Financial Services; Advanced Wealth Strategies, AB Resources.
Capital Bank and Trust CompanyCB&T
Capital Counsel LLC
Capital Dynamics, Inc.
Capital Fund Management SA
Capital International, Inc.CI Inc
Capital Research and Management CompanyCRMC
Capitol Bankshares Inc.
Capstone Investment Advisors, LLC
Carbon Collective Investing, LLC - ClimateSmart Target Date Fund CIT series
Carillon Tower Advisers, Inc.Raymond James Investment Management
Carlson Capital, L.P.
Caspian Capital LPCaspian HLSC1, LLC
Castleark Management, LLC
Causeway Capital Management LLC
CAZ Investments LP
CBRE Global Value Investors, LLCCBRE Investment Management
CBRE Investment Management Indirect Limited
CBRE Investment Management Infrastructure Inc.
CBRE Investment Management Listed Real Assets LLC
CBRE Investment Management, LLCCBRE Investment Management
Centennial Bank
CenterSquare Investment Management LLC
Central Trust Company, a division of The Central Trust Bank
Ceredex Value Advisors LLC
Cerity Partners LLC
Cerity Partners OCIO LLCCerity Partners LLC
Channing Capital Management, LLC
Charles Schwab Investment Management, Inc.Schwab Asset Management
Charles Schwab Trust Bank
Chartwell Investment Partners, LLC
Chenavari Credit Partners LLP
Chevy Chase Trust CompanyChevy Chase Trust Investment Advisers; CCT Asset Management
Chilton Investment Company, Inc.
Chilton Investment Services, LLC
Choreo, LLC
CIBC Asset Management Inc.CIBC Asset Management Inc. (CIBC AM)
CIBC Delaware Trust Company
CIBC National Trust Company
CIBC Private Wealth Advisors, Inc.
Citi Global Alternatives, LLC
Citibank N.A.
Citigroup Global Markets Inc.
City National Bank
City National Rochdale, LLC
City National Securities, Inc.
City of London Investment Management Company Limited
Clarion Partners, LLC
ClariVest Asset Management LLC
Clarkston Capital Partners, LLCClarkston Capital Partners; Clarkston Capital; Clarkston Private Client
ClearBridge Investments (North America) Pty Limited
ClearBridge Investments, LLC
Clearstead Advisors, LLC
Cloverlay Investment Management, LLC
Cohen & Steers Capital Management, Inc.
Colchester Global Investors Limited
Columbia Management Investment Advisers, LLCColumbia Threadneedle Investments; Columbia Threadneedle Investments North America; Columbia Management Capital Advisers; Seligman Investments
Column Park Asset Management, LP
Comgest Asset Management International Limited
Commonwealth Credit Advisors, LLC
Condire Management, LPCondire Investors, LLC
Conning, Inc.
Connor, Clark & Lunn Investment Management Ltd.
Connors Investor Services, Inc.
Constellation Investimentos e Participacoes Ltda.
Constitution Capital Credit Partners, LP
Constitution Capital Equity Partners, LP
Constitution Capital PM, LP
Contrarian Capital Management, L.L.C.
Conway Investment Research, LLCConway Investment Solutions
Cooke & Bieler, L.P.Cooke & Bieler
Corbin Capital Partners, L.P.
Core and Value Advisors, LLC
CoreCommodity Management, LLC
Corient Private Wealth, LLCCorient
Corry Capital Advisors, LLC
Corvex Management LP
Cougar Global Investments Limited
Crabel Capital Management, L.L.C.
Cramer Rosenthal McGlynn, LLC
Crescent Capital Group LPCrescent Capital Group; Crescent Capital; Crescent
Crescent Grove Advisors, LLC
Crestline Management, L.P.
Crosslink Capital, Inc.Crosslink Capital
Crossmark Global Investments, Inc.
Crossmark Wealth Management, LLC
CSM Advisors, LLCCS McKee
Curi RMB Capital, LLC
Cyrus Capital Partners, L.P.
D.E.Shaw Investment Management, L.L.C.
D.F. Dent and Company, Inc.
Dalton Investments, Inc.
Dana Investment Advisors, Inc.
Davis Selected Advisers, L.P.Davis Advisors
DCL Adviser, LLC. on behalf of DigitalBridge Investment Management, LLC.
Dearborn Partners LLC
DG Partners LLP
Diamond Hill Capital Management, Inc.
Dodge & Cox
Donoghue Forlines LLCDonoghue Forlines
DoubleLine Capital LP
Driehaus Capital Management LLC
DSC Meridian Capital LP
Duff & Phelps Investment Management Co.
DUNN Capital Management, LLC
DuPont Capital Management Corp.
DWS Alternatives Global Limited
DWS Investment Management Americas, Inc.
DWS Investments Australia Limited
Eagle Asset Management, Inc.
Eagle Capital Management, LLC
Eagle Point Credit Management LLCEagle Point and Eagle Point Credit
EARNEST Partners, LLC
Easterly Investment Partners LLCEIP
Eastspring Investments (Singapore) Limited
Eaton Vance Advisers International Ltd
Eaton Vance Management
Eaton Vance Trust Company
Edgbaston Investment Partners LLPEdgbaston Investment Partners
EdgePoint Investment Group Inc.Edgbaston Investment Partners
Edgewood Management LLC
EIG Credit Management Company, LLC
Ellington Global Asset Management, LLC
Ellington Management Group, LLC
ElmTree Funds, LLC
ElmTree Unity Debt Fund GP, LLC
Emerald Advisers, LLC
Emerald Advisers, LLC
Emerald Mutual Fund Advisers Trust
Empower Capital Management, LLC
Emso Asset Management Limited
Encompass Capital Advisors LLC
EnTrust Global Partners LLC
EnTrust Global Partners Offshore LP
Epoch Investment Partners, Inc.TD Epoch; TD Global Investment Solutions
EverWest Advisors LLCSagard Real Estate Advisors
F/m Investments LLC
Farmstead Capital Management, LLC
Fayez Sarofim & Co., LLC
FCI Advisors
Federated Investment CounselingFederated Hermes CW Henderson Division; Federated Hermes CW Henderson; Federated Investment Counseling
Federated Investors Trust Company
FIAM LLCFidelity Institutional Asset Management; Fidelity Asset Management Solutions
Fidelity Diversifying Solutions LLCFidelity Asset Management Solutions
Fidelity Institutional Asset Management Trust Company
Fidelity Institutional Wealth Adviser LLCFidelity Institutional AM
Fidelity Management & Research (Hong Kong) LimitedFidelity Investments
Fidelity Management & Research (Japan) Limited
Fidelity Management & Research Company LLC
Fidelity Management Trust Company
Fiduciary Trust Company International
Fiduciary Trust Company International of Pennsylvania
Fiduciary Trust International of California
Fiduciary Trust International of the South
Fir Tree Capital Management LPFir Tree Partners
First Eagle Alternative Credit, LLC
First Eagle Investment Management, LLC
First Eagle Separate Account Management, LLC
First Financial Trust & Asset Management Company
First Hawaiian Bank
First Horizon Advisors, Inc.
First Horizon Bank – Trust Division
First Light Asset Management, LLC
First Manhattan Co. LLC
First Pacific Advisors, LP
First Reserve XIII Advisors, L.L.C.First Reserve XIII Advisors
First Sentier Investors (Australia) IM LTDFirst Sentier Investors
First Trust Advisors L.P.
First Trust Capital Management L.P.
Fisher Asset Management, LLC
FMR Investment Management (UK) LimitedFidelity Investments
Fort Washington Investment Advisors, Inc.
Foundry Partners, LLC
Franklin Advisers, Inc.
Franklin Managed Options Strategies, LLC
Franklin Mutual Advisers, LLC
Franklin Park Associates, LLC
Franklin Street Advisors, Inc.
Franklin Templeton Institutional, LLC
Franklin Templeton Investment Management Limited
Franklin Templeton Investments Corp.
Franklin Templeton Private Portfolio Group, LLC
Fred Alger Management, LLCAlger
Frontier Capital Management Co., LLC
Fuller & Thaler Asset Management, Inc.FullerThaler
FundBank, N.A.FundBank, N.A