Clients
Earnest Partners serves 7,415 clients, 7,128 of them other clients. The average client has about $5.7 million with the firm, and high-net-worth clients hold 0% of its $42.6 billion in assets.
- Investment companies14 clients10%
- Pooled investment vehicles20 clients27%
- Pension and profit-sharing plans44 clients9%
- Charitable organizations44 clients3%
- State or municipal government entities88 clients35%
- OtherCorporations and other businesses, Other, High-net-worth individuals, Insurance companies, Sovereign wealth funds and foreign official institutions16%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 10 | $143,712,624 | 0.3% | $14.4M |
| Investment companies | 14 | $4,215,583,719 | 9.9% | $301.1M |
| Pooled investment vehicles | 20 | $11,685,318,220 | 27.4% | $584.3M |
| Pension and profit-sharing plans | 44 | $3,870,242,729 | 9.1% | $88.0M |
| Charitable organizations | 44 | $1,257,246,859 | 3.0% | $28.6M |
| State or municipal government entities | 88 | $14,926,421,309 | 35.0% | $169.6M |
| Insurance companies | 14 | $361,993,904 | 0.8% | $25.9M |
| Sovereign wealth funds and foreign official institutions | 2 | $169,807,321 | 0.4% | $84.9M |
| Corporations and other businesses | 51 | $1,553,624,249 | 3.6% | $30.5M |
| Other | 7,128 | $4,424,682,902 | 10.4% | $621K |
| Total | 7,415 | $42,608,633,836 | 100% | $5.75M |
- Clients
- 10
- Regulatory AUM
- $143,712,624
- Share
- 0.3%
- Avg. per client
- $14.4M
- Clients
- 14
- Regulatory AUM
- $4,215,583,719
- Share
- 9.9%
- Avg. per client
- $301.1M
- Clients
- 20
- Regulatory AUM
- $11,685,318,220
- Share
- 27.4%
- Avg. per client
- $584.3M
- Clients
- 44
- Regulatory AUM
- $3,870,242,729
- Share
- 9.1%
- Avg. per client
- $88.0M
- Clients
- 44
- Regulatory AUM
- $1,257,246,859
- Share
- 3.0%
- Avg. per client
- $28.6M
- Clients
- 88
- Regulatory AUM
- $14,926,421,309
- Share
- 35.0%
- Avg. per client
- $169.6M
- Clients
- 14
- Regulatory AUM
- $361,993,904
- Share
- 0.8%
- Avg. per client
- $25.9M
- Clients
- 2
- Regulatory AUM
- $169,807,321
- Share
- 0.4%
- Avg. per client
- $84.9M
- Clients
- 51
- Regulatory AUM
- $1,553,624,249
- Share
- 3.6%
- Avg. per client
- $30.5M
- Clients
- 7,128
- Regulatory AUM
- $4,424,682,902
- Share
- 10.4%
- Avg. per client
- $621K
Total
- Clients
- 7,415
- Regulatory AUM
- $42,608,633,836
- Share
- 100%
- Avg. per client
- $5.75M
What it does
Earnest Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Earnest Partners advises 6 private funds.
99.9% of assets ($42.55B across 7,508 accounts) are managed with discretion; $57.8M across 7 accounts are not. $3.67B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 26 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks63%
- Funds1%
- Bonds30%
- U.S. government and agency bonds23%
- Investment grade corporate bonds6%
- State and local bonds1%
- Cash3%
- Other3%
- Asset-backed securities and commercial mortgage-backed securities.3%
Custodians
Earnest Partners’ client accounts are held mainly at Bank of New York Mellon, with 16% of managed assets, and The Northern Trust, with 15%. Earnest Partners has custody of $1.92B for 6 clients.
- Bank of New York MellonBank of New York Mellon · New York, NY · $6.82B16%
- State Street Bank and TrustState Street Bank and Trust Co. · Boston, MA · $4.55B11%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $6.39B15%
- All other custodians$24.85B58%
Ownership and leadership
Westchester Limited EP, LLC owns 75% or more of Earnest Partners.
- Owns 75% or more of Earnest Partners LLC
Westchester Limited EP, LLC
Control person · since May 2022
Paul Viera
Manager · Control person · since May 2022
- Owns 10% to 25% of Earnest Partners LLC
EP Partner Pool, LLC
since January 2007
- Owns 75% or more of EP Partner Pool, LLC
The Pev Revocable Living Trust
Control person · since April 2014
Leadership
- James WilsonChief Compliance Officer
- Tasheika HinsonChief Legal and Risk Officer
- Paul VieraCEO/Manager
Staff
- 47 employees
- 16 in advisory functions
- 1 state-registered rep
Reported holdings
Earnest Partners’ reported 13F holdings total $27.73B across 304 positions, and the ten largest make up 17.4% of it.
- $27.73B
- Reported 13F value
- 304
- Positions
- 17.4%
- In the 10 largest
- +14.3%
- Value vs. prior quarter
- Moog Inc. · CL A2.7%
- Formfactor Inc.2.2%
- Woodward Inc.1.7%
- Reinsurance Group Amer Inc.1.7%
- Hexcel Corp. New1.7%
- Firstcash Holdings Inc.1.6%
- Gatx Corp.1.6%
- Ryder Sys Inc.1.4%
- Archrock Inc.1.4%
- CBRE Group Inc. · CL A1.4%
Together, the ten largest are 17.4% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $27.73B is not its $42.61B in regulatory assets and does not represent any individual client's portfolio.
Fees
Earnest Partners is paid through a percentage of assets under management and performance-based fees.
Earnest Partners’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Earnest Partners has 0 offices, with 1 listed address in 1 state.
Georgia · 1 listed address
- 1180 Peachtree Street, Ne, Suite 2300, AtlantaHQ
Registration details
- Legal name
- Earnest Partners LLC
- Headquarters
- 1180 Peachtree Street, Ne, Suite 2300, Atlanta, GA 30309
- Phone
- 404-815-8772
- Website
- www.earnestpartners.com
- SEC file
- 801-56189
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Earnest Partners have?
Earnest Partners has 7,415 clients and manages $42.6 billion for them, as of July 2026. They include 7,128 other clients, 88 state or municipal government entities and 51 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 July 2026
What services does Earnest Partners offer?
Earnest Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Earnest Partners use?
Earnest Partners’ separately managed account assets are held at Bank of New York Mellon (New York, NY), with $6,817,848,039, The Northern Trust Company (Chicago, IL), with $6,390,039,245 and State Street Bank and Trust Co. (Boston, MA), with $4,546,483,022. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 July 2026
How many financial advisors does Earnest Partners have?
Earnest Partners has 1 investment adviser representatives registered with state securities authorities, out of 47 employees, and 16 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Earnest Partners invest in?
At the end of its last fiscal year, Earnest Partners’ separately managed accounts held 63% exchange-traded equities, 23% U.S. government and agency bonds, 6% investment grade corporate bonds, 3% cash and equivalents, 3% asset-backed securities and commercial mortgage-backed securities., 1% state and local bonds and 1% pooled vehicles (private funds and similar). It advises 6 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Earnest Partners?
Earnest Partners is owned through holding companies by the Pev Revocable Living Trust. Its direct owners are EP Partner Pool, LLC (10% to 25%) and Westchester Limited EP, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 July 2026
How does Earnest Partners get paid?
Earnest Partners is paid through a percentage of assets under management and performance-based fees. 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