Parnassus Investments, LLC

RIASEC Registered
Total AUM
$41.1B
Discretionary
$41.1B
100% of AUM
Avg account
$1.4B
Accounts
30
Employees
87
Advisory reps
16

Firm details

Headquarters
San Francisco, California
CRD number
316904
Registered since
November 8, 2021
Custodians
THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, BNP PARIBAS SECURITIES CORP., FIDELITY DISTRIBUTORS COMPANY LLC, CAISSE DES DEPOTS ET CONSIGNATIONS
Fee structure
Percentage of AUM
Client types
  • Investment Companies83.05%
  • Pooled Investment Vehicles8.22%
  • Pension & Profit Sharing Plans5.54%
  • Sovereign Wealth Funds1.05%
  • Charitable Organizations0.87%
Services
Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Parnassus Investments, LLC is an SEC-registered investment adviser (registered in 2021) that manages portfolios for both individuals/families and institutional clients on a percentage-of-AUM fee basis. The firm provides portfolio management for investment companies, pooled investment vehicles and for businesses or institutions. Its regulatory filings list additional roles and affiliations that include broker-dealer activity, other investment adviser activity, CPO/CTA functions, and serving as sponsor or general partner of pooled vehicles. Parnassus does not identify itself as an active ESG investor in the provided data.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 98%, Cash & Cash Equivalents 2%98%
  • Exchange Traded Equities98%
  • Cash & Cash Equivalents2%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

San Francisco, CA

San Francisco

Location

San Francisco, CA

Headquartered in San Francisco, CA, anchoring the San Jose-San Francisco-Oakland, CA metro in the West.

Metro area
San Jose-San Francisco-Oakland, CA
Region
West
County
San Francisco
Address
1 Market St
Time zone
PT (UTC-8)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth