# Greenhaven Associates Inc

> Greenhaven Associates Inc is an SEC-registered investment advisory firm in Purchase, NY, registered since 1988, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated February 10, 2026.

- CRD: 104729
- Filed as: GREENHAVEN ASSOCIATES INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Purchase, NY
- Filing period: October 2026
- Form ADV filing dated: February 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104729
- AdvisorCensus page: https://advisorcensus.com/firm/greenhaven-associates-inc-purchase-ny-104729

## Quick answers

**How is Greenhaven Associates Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Greenhaven Associates Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Greenhaven Associates Inc charge?**
Its Form ADV Part 2A brochure dated January 9, 2026 states: Asset-based fee: 0.94% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Greenhaven Associates Inc located?**
Greenhaven Associates Inc's principal office is in Purchase, NY, according to its Form ADV.

**Is Greenhaven Associates Inc registered with the SEC or a state?**
Greenhaven Associates Inc is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 104729.

**How much does Greenhaven Associates Inc manage?**
Greenhaven Associates Inc reports $11,660,691,026 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (100% discretionary).

**How have Greenhaven Associates Inc's assets and staff changed since 2021?**
In the Form ADV data for Greenhaven Associates Inc: Regulatory assets under management: $7,294,045,056 in the October 2021 data and $11,660,691,026 in the October 2026 data, up 60%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Greenhaven Associates Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (100); charitable organizations (27); pension and profit sharing plans (but not the plan participants or government pension plans) (3).

**Which custodians does Greenhaven Associates Inc use?**
Greenhaven Associates Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JP Morgan Chase Bank as a custodian holding 10% or more of its separately managed account assets.

**Does Greenhaven Associates Inc report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/104729

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated January 9, 2026)

- Asset-based fee: 0.94% of assets a year

> The annualized quarterly management fee is .94% of assets under management.

> The above fee schedule is not negotiable.

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

### Custodians (Schedule D, Section 5.K(3))
- JP Morgan Chase Bank

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $11,660,691,026
- Discretionary: $11,660,691,026
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $0 |
| High net worth individuals | 100 | $8,423,275,647 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $221,180,408 |
| Charitable organizations | 27 | $2,453,533,721 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | 2 | $562,701,250 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1988 (38 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,294,045,056 | 6 | January 8, 2021 |
| October 2022 | $8,648,926,678 | 6 | January 10, 2022 |
| October 2023 | $7,247,958,563 | 7 | January 6, 2023 |
| October 2024 | $9,569,807,287 | 7 | January 4, 2024 |
| October 2025 | $10,914,315,136 | 7 | January 3, 2025 |
| October 2026 | $11,660,691,026 | 7 | February 10, 2026 |

Regulatory assets under management: $7,294,045,056 in the October 2021 data and $11,660,691,026 in the October 2026 data, up 60%.
Total employees: 6 in October 2021 and 7 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Greenhaven Associates Inc (CRD 104729): Form ADV filing data as of October 2026.