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 across pooled vehicles, investment companies and for institutional or business clients. The firm serves both individual and family clients as well as institutional investors and charges fees based on a percentage of assets under management. It is not identified as a dedicated capital allocator and does not list ESG investing as an active focus. The firm's regulatory footprint includes roles beyond advisory services—its affiliations extend to broker‑dealer activity, other investment advisory businesses, commodity pool/operator or CTA functions, and serving as sponsor or general partner of pooled investment vehicles. Parnassus has been SEC-registered since 2021 and operates under a domestic ownership structure.