{"url":"https://nivawealth.com/firms/clarion-partners-108803","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/108803","regulatoryAum":73677516514,"crd":"108803","secFileNumber":"801-16611","legalName":"Clarion Partners, LLC","displayName":"Clarion Partners","website":"http://www.clarionpartners.com","linkedinUrl":"https://www.linkedin.com/company/clarion-partners-llc/","founded":null,"organization":"New York limited liability company","fiscalYearEnd":"September","headquarters":{"street":"One Madison Avenue, Floor 14","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10010"},"tradeNames":[],"registration":{"secApproved":"1 December 1981","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":321,"advisory":180,"brokerDealerReps":19,"insuranceAgents":0,"promoters":6},"aum":{"discretionary":67444740371,"discretionaryAccounts":36,"nonDiscretionary":6232776143,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":20,"nonAumClients":0},"clientTypes":[{"label":"Banking or thrift institutions","clients":null,"regulatoryAum":2735},{"label":"Investment companies","clients":1,"regulatoryAum":1050879286},{"label":"Pooled investment vehicles","clients":27,"regulatoryAum":62077709489},{"label":"Pension and profit-sharing plans","clients":null,"regulatoryAum":1369055703},{"label":"Charitable organizations","clients":null,"regulatoryAum":44797857},{"label":"State or municipal government entities","clients":8,"regulatoryAum":8152590721},{"label":"Insurance companies","clients":null,"regulatoryAum":761212028},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"regulatoryAum":221268695}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Clarion Partners has custody of $441.7M for 11 clients.","otherCustodians":[],"leadership":[{"name":"David Gilbert","title":"Chief Executive Officer","crd":"1747016"},{"name":"Joshua Pristaw","title":"President","crd":"5924608"},{"name":"Heather Hopkins","title":"Chief Financial Officer","crd":"6336135"},{"name":"Susan Boccardi","title":"General Counsel & Chief Compliance Officer","crd":"4881252"},{"name":"Kimberly Adams","title":"Managing Director","crd":"8018603"},{"name":"Susan Ansel","title":"Executive Board Member","crd":"1686286"},{"name":"Ralph Belford","title":"Chief Investment Officer","crd":"6959313"},{"name":"John Conklin","title":"Executive Board Member","crd":"8202812"},{"name":"Jonathan Gelb","title":"Executive Board Member","crd":"7846746"},{"name":"Indraneel Karlekar","title":"Managing Director","crd":"8018605"},{"name":"Jeffrey Macdonnell","title":"Chief Marketing Officer","crd":"2902271"}],"ownership":[{"label":"Clarion Partners Holdings LLC","detail":"Managing member in the 75% or more ownership band and a control person, since June 2011."},{"label":"Legg Mason, Inc.","detail":"Indirect owner: a member of Clarion Partners Holdings LLC in the 75% or more band and a control person, since April 2016.","parent":"Clarion Partners Holdings LLC"},{"label":"Franklin Resources, Inc.","detail":"Indirect owner: a sole shareholder of legg mason, inc. of Legg Mason, Inc. in the 75% or more band and a control person, since July 2020.","parent":"Legg Mason, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":6,"privateResidences":0},"listedOfficeAddresses":7,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"601 S. Figueroa Street","city":"Los Angeles"}]},{"state":"Florida","offices":1,"addresses":[{"street":"360 S Rosemary Avenue","city":"West Palm Beach"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3399 Peachtree Road","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"155 North Wacker Drive","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"101 Arch Street","city":"Boston"}]},{"state":"New York","offices":1,"addresses":[{"street":"One Madison Avenue, Floor 14","city":"New York","headquarters":true}]},{"state":"Texas","offices":1,"addresses":[{"street":"One Victory Park, 2323 Victory Avenue","city":"Dallas"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-883-2500","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Other","percent":100,"detail":"Real Estate-Related Interests"}],"privateFunds":22},"sources":{"adv1FilingDate":"27 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/108803/PDF/108803.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Clarion Partners have?","answer":"Clarion Partners has 36 clients and manages $73.7 billion for them, as of February 2026. They include 27 pooled investment vehicles, 8 state or municipal government entities and 1 investment companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Clarion Partners offer?","answer":"Clarion Partners provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Clarion Partners have?","answer":"Clarion Partners has 0 investment adviser representatives registered with state securities authorities, out of 321 employees, and 180 perform investment advisory functions. 19 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Clarion Partners invest in?","answer":"At the end of its last fiscal year, Clarion Partners’ separately managed accounts held 100% real estate-related interests. It advises 22 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Clarion Partners?","answer":"Clarion Partners is owned through a chain of holding companies by Franklin Resources, Inc. Its direct owner is Clarion Partners Holdings LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Clarion Partners get paid?","answer":"Clarion Partners is paid through a percentage of assets under management, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}