# Mirova US

> Mirova US is an SEC-registered investment advisory firm in Boston, MA, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 28, 2026.

- CRD: 300152
- Filed as: MIROVA US
- Legal name: Mirova US LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: July 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/300152
- AdvisorCensus page: https://advisorcensus.com/firm/mirova-us-boston-ma-300152

## Quick answers

**How is Mirova US compensated?**
On its Form ADV (Item 5.E, October 2026), Mirova US reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Mirova US located?**
Mirova US' principal office is in Boston, MA, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Mirova US registered with the SEC or a state?**
Mirova US is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 300152.

**How much does Mirova US manage?**
Mirova US reports $13,616,354,795 in regulatory assets under management in its Form ADV filing dated July 28, 2026 (100% discretionary).

**How have Mirova US' assets and staff changed since 2021?**
In the Form ADV data for Mirova US: Regulatory assets under management: $4,964,154,278 in the October 2021 data and $13,616,354,795 in the October 2026 data, up 174%. Total employees: 41 in October 2021 and 64 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mirova US serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (23); investment companies (1).

**Does Mirova US report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.A(1) (felony conviction or plea in the past ten years), 11.C(2) (SEC or CFTC finding of a violation), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). 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/300152

**What changed in Mirova US' recent Form ADV filings?**
In the August 2026 filing data: 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
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $13,616,354,795
- Discretionary: $13,616,354,795
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Not reported | $0 |
| High net worth individuals | Not reported | $0 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | 1 | $847,309,114 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 23 | $12,769,045,681 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Not reported | $0 |
| Charitable organizations | Not reported | $0 |
| State or municipal government entities (including government pension plans) | Not reported | $0 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | Not reported | $0 |
| Other | Not reported | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Other

### Firm details
- Registered since: 2019 (7 years)
- Employees: 64 total, 37 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.A(1): In the past ten years, has the firm or an advisory affiliate been convicted of, or pleaded guilty or no contest to, a felony?
- 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(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?

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/300152

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Paris

### Websites listed on Form ADV (Item 1.I)
- mirova.com/en
- LinkedIn @mirova-us

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,964,154,278 | 41 | July 15, 2021 |
| October 2022 | $9,307,480,806 | 50 | September 29, 2022 |
| October 2023 | $8,397,119,801 | 61 | August 31, 2023 |
| October 2024 | $10,665,568,637 | 67 | June 27, 2024 |
| October 2025 | $12,909,017,102 | 69 | March 28, 2025 |
| October 2026 | $13,616,354,795 | 64 | July 28, 2026 |

Regulatory assets under management: $4,964,154,278 in the October 2021 data and $13,616,354,795 in the October 2026 data, up 174%.
Total employees: 41 in October 2021 and 64 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 40 to 37.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mirova US (CRD 300152): Form ADV filing data as of October 2026.