# Clarion Partners

> Clarion Partners is an SEC-registered investment advisory firm in New York, NY, registered since 1981, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated February 27, 2026.

- CRD: 108803
- Filed as: CLARION PARTNERS
- Legal name: Clarion Partners, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: February 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108803
- AdvisorCensus page: https://advisorcensus.com/firm/clarion-partners-new-york-ny-108803

## Quick answers

**How is Clarion Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Clarion Partners reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other.

**What does Clarion Partners' brochure say about its fees?**
Its Form ADV Part 2A brochure dated December 18, 2025 states: Asset-based fee: 0.2% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Clarion Partners located?**
Clarion Partners' principal office is in New York, NY, according to its Form ADV; the March 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Clarion Partners registered with the SEC or a state?**
Clarion Partners is an SEC-registered investment advisory firm, registered since 1981. Status as filed: Approved. CRD 108803.

**How much does Clarion Partners manage?**
Clarion Partners reports $73,677,516,514 in regulatory assets under management in its Form ADV filing dated February 27, 2026 (92% discretionary).

**How have Clarion Partners' assets and staff changed since 2021?**
In the Form ADV data for Clarion Partners: Regulatory assets under management: $58,266,942,273 in the October 2021 data and $73,677,516,514 in the October 2026 data, up 26%. Total employees: 261 in October 2021 and 321 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Clarion Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (27); state or municipal government entities (including government pension plans) (8); investment companies (1).

**Does Clarion Partners report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), and 11.H(2) (pending civil proceeding). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108803

**What changed in Clarion Partners' recent Form ADV filings?**
In the January 2026 filing data: Employees performing advisory functions went from 177 to 180. No longer lists an office in Dallas, TX. No longer lists an office in Washington, DC. No longer registered or notice-filed in DC. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated December 18, 2025)

- Asset-based fee: 0.2% to 2% a year (a range, as the brochure states it)

> a) a percentage of assets under management, ranging from 0.20% to 2.00%, depending on account size and the client’s circumstances, which can also be based on gross or net assets

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $73,677,516,514
- Discretionary: $67,444,740,371
- Non-discretionary: $6,232,776,143

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | Fewer than 5 | $2,735 |
| Investment companies | 1 | $1,050,879,286 |
| Pooled investment vehicles (other than investment companies and business development companies) | 27 | $62,077,709,489 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $1,369,055,703 |
| Charitable organizations | Fewer than 5 | $44,797,857 |
| State or municipal government entities (including government pension plans) | 8 | $8,152,590,721 |
| Insurance companies | Fewer than 5 | $761,212,028 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $221,268,695 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development 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)

### Firm details
- Registered since: 1981 (44 years)
- Employees: 321 total, 180 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, TX
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.H(2): Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108803

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Atlanta, GA
- Boston, MA
- Chicago, IL
- Dallas, TX
- Los Angeles, CA
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- clarionpartners.com
- LinkedIn @clarion-partners-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $58,266,942,273 | 261 | June 29, 2021 |
| October 2022 | $66,003,949,809 | 259 | January 2, 2022 |
| October 2023 | $83,813,347,566 | 297 | December 20, 2022 |
| October 2024 | $79,281,217,281 | 305 | December 22, 2023 |
| October 2025 | $73,353,169,361 | 295 | February 28, 2025 |
| October 2026 | $73,677,516,514 | 321 | February 27, 2026 |

Regulatory assets under management: $58,266,942,273 in the October 2021 data and $73,677,516,514 in the October 2026 data, up 26%.
Total employees: 261 in October 2021 and 321 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- Employees performing advisory functions went from 177 to 180.
- No longer lists an office in Dallas, TX.
- No longer lists an office in Washington, DC.
- No longer registered or notice-filed in DC.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Clarion Partners (CRD 108803): Form ADV filing data as of October 2026.