{ "crd_number": 105201, "slug": "panagora-asset-management-inc-boston-ma-105201", "primary_business_name": "PANAGORA ASSET MANAGEMENT INC", "legal_name": "PANAGORA ASSET MANAGEMENT INC", "dbas": [], "city": "Boston", "state": "MA", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1989-11-09", "years_registered": 36, "period": "2026-10-01", "filing_date": "2026-03-30", "carried_forward": false, "raum_total": 44129364870.0, "raum_discretionary": 43551747728.0, "raum_non_discretionary": 577617142.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 110, "advisory_employees": 44, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 1353962703.0, "count": 6, "description": "TRUSTS" }, "charitable": { "raum": 225955085.0, "count": 3, "fewer_than_5": true }, "individuals": { "raum": 0.0, "count": 0 }, "banking_thrift": { "raum": 0.0, "count": 0 }, "state_municipal": { "raum": 5060292780.0, "count": 11 }, "insurance_companies": { "raum": 78496206.0, "count": 1, "fewer_than_5": true }, "investment_companies": { "raum": 2291258425.0, "count": 6 }, "pension_profit_sharing": { "raum": 2313558036.0, "count": 13 }, "other_investment_advisers": { "raum": 0.0, "count": 0 }, "high_net_worth_individuals": { "raum": 0.0, "count": 0 }, "pooled_investment_vehicles": { "raum": 7407064570.0, "count": 18 }, "corporations_other_businesses": { "raum": 3909092905.0, "count": 32 }, "business_development_companies": { "raum": 0.0, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 21489684160.0, "count": 9 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "other", "portfolio_management_businesses_institutional", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 1, "states_registered": [ "MA" ], "websites": [ "https://linkedin.com/company/panagora-asset-management", "https://panagora.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105201", "disclosure_items": [ { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" } ], "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/panagora-asset-management-inc-boston-ma-105201", "display_name": "Panagora Asset Management Inc", "summary": "Panagora Asset Management Inc is an SEC-registered investment advisory firm in Boston, MA, registered since 1989, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.", "citation": "AdvisorCensus. Panagora Asset Management Inc (CRD 105201): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "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", "Other" ], "quick_answers": [ { "q": "How is Panagora Asset Management Inc compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Panagora Asset Management Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Panagora Asset Management Inc located?", "a": "Panagora Asset Management Inc's principal office is in Boston, MA, according to its Form ADV." }, { "q": "Is Panagora Asset Management Inc registered with the SEC or a state?", "a": "Panagora Asset Management Inc is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 105201." }, { "q": "How much does Panagora Asset Management Inc manage?", "a": "Panagora Asset Management Inc reports $44,129,364,870 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (99% discretionary)." }, { "q": "How have Panagora Asset Management Inc's assets and staff changed since 2021?", "a": "In the Form ADV data for Panagora Asset Management Inc: Regulatory assets under management: $38,403,896,460 in the October 2021 data and $44,129,364,870 in the October 2026 data, up 15%. Total employees: 139 in October 2021 and 110 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Panagora Asset Management Inc serve?", "a": "By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (32); pooled investment vehicles (other than investment companies and business development companies) (18); pension and profit sharing plans (but not the plan participants or government pension plans) (13)." }, { "q": "Which custodians does Panagora Asset Management Inc use?", "a": "Panagora Asset Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York, Northern Trust and State Street Bank & Trust Co as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Panagora Asset Management Inc report any disciplinary disclosures?", "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years). 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/105201" }, { "q": "What changed in Panagora Asset Management Inc's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 33 to 44. Regulatory assets under management went from $33,175,736,583 to $44,129,364,870 (+33%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 38403896460.0, "total_employees": 139, "filing_date": "2021-05-04" }, { "period": "2022-10-01", "regulatory_assets_under_management": 43885668503.0, "total_employees": 126, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 31601083739.0, "total_employees": 135, "filing_date": "2023-06-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 32000617082.0, "total_employees": 124, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 33175736583.0, "total_employees": 115, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 44129364870.0, "total_employees": 110, "filing_date": "2026-03-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 33 to 44.", "Regulatory assets under management went from $33,175,736,583 to $44,129,364,870 (+33%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Bank of New York", "name_as_filed": "BANK OF NEW YORK", "affiliated": false }, { "name": "Northern Trust", "name_as_filed": "NORTHERN TRUST", "affiliated": false }, { "name": "State Street Bank & Trust Co", "name_as_filed": "STATE STREET BANK & TRUST CO", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/panagora-asset-management-inc-boston-ma-105201.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 6, "fewer_than_5": false, "raum": 2291258425.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 18, "fewer_than_5": false, "raum": 7407064570.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 13, "fewer_than_5": false, "raum": 2313558036.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 3, "fewer_than_5": true, "raum": 225955085.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 11, "fewer_than_5": false, "raum": 5060292780.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 1, "fewer_than_5": true, "raum": 78496206.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 9, "fewer_than_5": false, "raum": 21489684160.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 32, "fewer_than_5": false, "raum": 3909092905.0 }, { "type": "other", "label": "Other", "count": 6, "fewer_than_5": false, "raum": 1353962703.0 } ], "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105201", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }