Clients
Hirtle & serves 1,791 clients, 559 of them high-net-worth individuals. The average client has about $14 million with the firm, and high-net-worth clients hold 19% of its $25.4 billion in assets.
- High-net-worth individuals559 clients19%
- Investment companies14 clients42%
- Pooled investment vehicles38 clients21%
- Charitable organizations123 clients6%
- Corporations and other businesses132 clients7%
- OtherOther, Individuals, Pension and profit-sharing plans, Insurance companies5%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 895 | $232,881,468 | 0.9% | $260K |
| High-net-worth individuals | 559 | $4,790,595,419 | 18.9% | $8.57M |
| Investment companies | 14 | $10,560,282,045 | 41.6% | $754.3M |
| Pooled investment vehicles | 38 | $5,430,967,935 | 21.4% | $142.9M |
| Pension and profit-sharing plans | 21 | $227,491,339 | 0.9% | $10.8M |
| Charitable organizations | 123 | $1,541,019,426 | 6.1% | $12.5M |
| Insurance companies | 2 | $88,035,907 | 0.3% | $44.0M |
| Corporations and other businesses | 132 | $1,836,143,216 | 7.2% | $13.9M |
| Other | 7 | $700,660,009 | 2.8% | $100.1M |
| Total | 1,791 | $25,408,076,764 | 100% | $14.2M |
- Clients
- 895
- Regulatory AUM
- $232,881,468
- Share
- 0.9%
- Avg. per client
- $260K
- Clients
- 559
- Regulatory AUM
- $4,790,595,419
- Share
- 18.9%
- Avg. per client
- $8.57M
- Clients
- 14
- Regulatory AUM
- $10,560,282,045
- Share
- 41.6%
- Avg. per client
- $754.3M
- Clients
- 38
- Regulatory AUM
- $5,430,967,935
- Share
- 21.4%
- Avg. per client
- $142.9M
- Clients
- 21
- Regulatory AUM
- $227,491,339
- Share
- 0.9%
- Avg. per client
- $10.8M
- Clients
- 123
- Regulatory AUM
- $1,541,019,426
- Share
- 6.1%
- Avg. per client
- $12.5M
- Clients
- 2
- Regulatory AUM
- $88,035,907
- Share
- 0.3%
- Avg. per client
- $44.0M
- Clients
- 132
- Regulatory AUM
- $1,836,143,216
- Share
- 7.2%
- Avg. per client
- $13.9M
- Clients
- 7
- Regulatory AUM
- $700,660,009
- Share
- 2.8%
- Avg. per client
- $100.1M
Total
- Clients
- 1,791
- Regulatory AUM
- $25,408,076,764
- Share
- 100%
- Avg. per client
- $14.2M
What it does
Hirtle & provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets and performance-based fees.
Hirtle & advises 11 private funds.
96.2% of assets ($24.44B across 1,726 accounts) are managed with discretion; $968.0M across 13 accounts are not. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
The filed percentages total 101%. The values below are shown as filed.
- Exchange-traded equity securities
- 9%
- U.S. government/agency bonds
- 2%
- U.S. state and local bonds
- 4%
- Investment grade corporate bonds
- 1%
- Securities issued by registered investment companies or business development companies
- 54%
- Securities issued by pooled investment vehicles (other than registered investment companies)
- 27%
- Cash and cash equivalents
- 3%
- Other (MLP Securities and Abs/MBS/RMS Securities)
- 1%
Custodians
Hirtle &’s client accounts are held mainly at The Bank of New York Mellon, with 21% of managed assets, and U.S. Bank, N.A., with 20%. Hirtle & has custody of $117.9M for 11 clients.
- Deutsche Bank Trust Company AmericasDeutsche Bank Trust Company Americas · New York, NY · $4.34B17%
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $5.34B21%
- U.S. Bank, N.A.U.S. Bank, N.A. · Cincinnati, OH · $4.96B20%
- All other custodians$10.77B42%
Ownership and leadership
Hirtle Callaghan Holdings, Inc. owns 75% or more of Hirtle &.
- Owns 75% or more of Hirtle & Co., LLC
Hirtle Callaghan Holdings, Inc.
Control person · since August 2008
- Owns 75% or more of Hirtle Callaghan Holdings, Inc.
Jonathan Hirtle
Control person · since June 1988
Leadership
- Jonathan HirtlePresident, Executive Chairman
- Alexander FormarizChief Financial Officer
- Geoffrey TrzepaczChief Operating Officer
- Syed EhtishamChief Compliance Officer & Chief Risk Officer
- Terence CongerChief Investment Officer
- Jamie EisnerGeneral Counsel
- Deborah HirtleDirector
- Susan McEvoyManaging Director
- Steven TuttlemanDirector
- Garrett WilsonManaging Director
Staff
- 94 employees
- 48 in advisory functions
- 38 state-registered reps
- 1 soliciting firm
Fees
Hirtle & is paid through a percentage of assets under management and performance-based fees.
Hirtle &’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Hirtle & has 6 offices (1 private residence, listed without an address), with 6 listed addresses across 6 states.
Arizona · 1 listed address
- 6720 North Scottsdale Road, Scottsdale
Colorado · 1 listed address
- 3200 Cherry Creek South Drive, Denver
Florida · 1 listed address
- 525 Clematis Street, West Palm Beach
Minnesota · 1 listed address
- 10 West End, Minneapolis
Pennsylvania · 1 listed address
- 300 Barr Harbor Drive, Fifth Floor, West ConshohockenHQ
Texas · 1 listed address
- 820 Gessner Road, Houston
Registration details
- Legal name
- Hirtle & Co., LLC
- Headquarters
- 300 Barr Harbor Drive, Fifth Floor, West Conshohocken, PA 19428-2998
- Phone
- 610-828-7200
- Website
- www.hirtle.com
- SEC file
- 801-32688
- 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 Hirtle & have?
Hirtle & has 1,791 clients and manages $25.4 billion for them, as of March 2026. They include 895 other individuals, 559 high-net-worth individuals and 132 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Hirtle & offer?
Hirtle & provides portfolio management for individuals and small businesses, 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
Which custodians does Hirtle & use?
Hirtle &’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $5,340,321,950, U.S. Bank, N.A. (Cincinnati, OH), with $4,957,957,163 and Deutsche Bank Trust Company Americas (New York, NY), with $4,336,192,702. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Hirtle & have?
Hirtle & has 38 investment adviser representatives registered with state securities authorities, out of 94 employees, and 48 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 Hirtle & invest in?
At the end of its last fiscal year, Hirtle &’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 27% pooled vehicles (private funds and similar), 9% exchange-traded equities, 4% state and local bonds, 3% cash and equivalents, 2% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% mlp securities and abs/mbs/rms securities. It advises 11 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 Hirtle &?
Hirtle & is owned through a holding company by Jonathan Hirtle. Its direct owner is Hirtle Callaghan Holdings, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Hirtle & get paid?
Hirtle & 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