We show that household linkages, formed primarily of spousal employment ties, are important in explaining asset managers’ skills and their portfolio choices. Mutual fund managers with spouses that work at the executive and C-suite levels obtain monthly gross returns of up to 0.32% above asset managers with non-executive spouses. This effect is driven largely by managers’ quarterly stock trades in the industries where their spouses are employed. The spouse-industry stocks bought (sold) by executive-spouse linked managers outperform (underperform) those bought (sold) by the nonexecutive-spouse linked managers by 4.30% (4.33%) per quarter. These patterns suggest that spousal relationships facilitate fund managers’ comprehension of industry-level information. We further find that fund managers’ spouse-industry trades predict subsequent earnings surprises. Overall, our results indicate that the boundaries of information advantages in asset management extend beyond the managers themselves and highlight the importance of household linkages to information production in the asset management industry.