PARNASSUS INVESTMENTS, LLC

RIASEC RegisteredEst. 2021

Total AUM

$41.1B

Discretionary

$41.1B

100% of AUM

Avg account

$1.4B

Accounts

Employees

Advisory reps

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 limited liability company that provides portfolio management services to both individual/family clients and institutional investors. The firm charges fees based on a percentage of assets under management and formally lists portfolio management for investment companies, pooled investment vehicles, and businesses or institutions among its advisory activities. It is not characterized as an active ESG investor in the supplied data and is not designated a multi-state adviser. Industry affiliations include roles as a broker-dealer, an investment adviser outside this entity, a CPO/CTA, and participation as sponsor/GP/managing member of pooled investment vehicles. Ownership is identified as a combination of a domestic entity and individual owners.