Investment adviser · CRD 6210

WILSHIRE

WILSHIRE ADVISORS LLC

SANTA MONICA, CA, United States · Form ADV filed Apr 17, 2026

Regulatory AUM
$149B
Form ADV · Item 5.F
Client accounts
650,319
Accounts, not individual clients
Employees
307
Reported in this filing
Advisory professionals
86
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$49.5B$99.1BFY 2021: $96,494,557,024.00FY 2021FY 2022: $95,554,572,990.00FY 2022FY 2023: $94,873,146,068.00FY 2023FY 2024: $99,099,327,356.00FY 2024

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal yearRegulatory AUMEmployeesFiled
2021$96,494,557,024310Mar 31, 2022
2022$95,554,572,990273Mar 31, 2023
2023$94,873,146,068298Mar 30, 2024
2024$99,099,327,356270Mar 31, 2025

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Other investment advisers662,119$92,381,181,83662.0%
Pooled investment vehicles101$41,576,337,09927.9%
Retirement plans94,431$8,514,374,3845.7%
Other clients3,581$2,736,745,2491.8%
Investment companies4$1,836,765,1341.2%
Government entities29$1,509,310,1941.0%
Charities19$498,614,2680.3%
Sovereign wealth & foreign institutions5$49,203,1590.0%
Corporations & businessesFewer than 5$12,3480.0%
Banks & thriftsFewer than 5$00.0%
Insurance companiesFewer than 5$00.0%
Filing source

Form ADV 2093939 · Apr 17, 2026 · Item 5.D

Reported by WILSHIRE ADVISORS LLC (CRD 6210).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

1 selected fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

View all funds in this filing

CMAP EMSO FUND LIMITEDHedge Fund$1.09BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD. CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor ERNST & YOUNG LTD. CAMANA BAY, Cayman Islands Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian CITIBANK, N.A. LONDON, United Kingdom Related to adviser: No Other funds reporting this name →
Custodian CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LTD.
PCAOB 1655

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

CITIBANK, N.A.
LEI E57ODZWZ7FF32TWEFA76

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source
Fund ID
805-2886944715
Reported beneficial owners
1
Minimum commitment
$50M
Form D file number
021-548301
Form D file number
021-306692

Form ADV 2093939 · Apr 17, 2026 · Schedule D 7.B.(1)

Reported by WILSHIRE ADVISORS LLC (CRD 6210).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Mar 31, 2026 · previous imported filing

No comparable changes in the displayed metrics.

Filing source

Form ADV 2093939 · Apr 17, 2026 · Items 1 & 5

Reported by WILSHIRE ADVISORS LLC (CRD 6210).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary
$148B
Non-discretionary
$859M

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers · Publication of newsletters · Educational seminars

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

1299 OCEAN AVENUE SUITE 600
SANTA MONICA, CA, 90401-1085, United States

CRD 6210

Filing source

Form ADV 2093939 · Apr 17, 2026 · Items 1 & 5

Reported by WILSHIRE ADVISORS LLC (CRD 6210).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.