Parnassus Investments, LLC

RIASEC Registered

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 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.