{
  "crd_number": 120663,
  "slug": "partners-capital-investment-group-llp-boston-ma-120663",
  "primary_business_name": "PARTNERS CAPITAL INVESTMENT GROUP, LLP",
  "legal_name": "PARTNERS CAPITAL INVESTMENT GROUP, LLP",
  "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": "2002-06-10",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-08-13",
  "carried_forward": false,
  "raum_total": 50507169290.0,
  "raum_discretionary": 31415782709.0,
  "raum_non_discretionary": 19091386581.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 190,
  "advisory_employees": 102,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 21033098146.0,
      "count": 147
    },
    "individuals": {
      "raum": null,
      "count": 0
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": 1079909430.0,
      "count": 3,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": 112103950.0,
      "count": 2
    },
    "pension_profit_sharing": {
      "raum": 2280161318.0,
      "count": 90
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 6211033752.0,
      "count": 521
    },
    "pooled_investment_vehicles": {
      "raum": 19790862694.0,
      "count": 123
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "MA",
    "NY",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/PARTNERS-CAPITAL-LLP",
    "https://partners-cap.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/120663",
  "city_as_filed": "BOSTON",
  "url": "https://advisorcensus.com/firm/partners-capital-investment-group-llp-boston-ma-120663",
  "display_name": "Partners Capital Investment Group, LLP",
  "summary": "Partners Capital Investment Group, LLP is an SEC-registered investment advisory firm in Boston, MA, registered since 2002, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 13, 2026.",
  "citation": "AdvisorCensus. Partners Capital Investment Group, LLP (CRD 120663): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Partners Capital Investment Group, LLP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Partners Capital Investment Group, LLP reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "How much does Partners Capital Investment Group, LLP charge?",
      "a": "Its Form ADV Part 2A brochure dated April 28, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Partners Capital Investment Group, LLP located?",
      "a": "Partners Capital Investment Group, LLP's principal office is in Boston, MA, according to its Form ADV; the September 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Partners Capital Investment Group, LLP registered with the SEC or a state?",
      "a": "Partners Capital Investment Group, LLP is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 120663."
    },
    {
      "q": "How much does Partners Capital Investment Group, LLP manage?",
      "a": "Partners Capital Investment Group, LLP reports $50,507,169,290 in regulatory assets under management in its Form ADV filing dated August 13, 2026 (62% discretionary)."
    },
    {
      "q": "How have Partners Capital Investment Group, LLP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Partners Capital Investment Group, LLP: Regulatory assets under management: $22,427,879,269 in the October 2021 data and $50,507,169,290 in the October 2026 data, up 125%. Total employees: 90 in October 2021 and 190 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Partners Capital Investment Group, LLP serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (521); charitable organizations (147); pooled investment vehicles (other than investment companies and business development companies) (123)."
    },
    {
      "q": "Which custodians does Partners Capital Investment Group, LLP use?",
      "a": "Partners Capital Investment Group, LLP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Partners Capital Investment Group, LLP report any disciplinary disclosures?",
      "a": "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/120663"
    },
    {
      "q": "Does Partners Capital Investment Group, LLP state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 28, 2026 says: \"Partners Capital new client minimum account size is $100 million. We reserve the right to waive the minimum in certain circumstances.\""
    },
    {
      "q": "What changed in Partners Capital Investment Group, LLP's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 22427879269.0,
      "total_employees": 90,
      "filing_date": "2021-05-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 29812849622.0,
      "total_employees": 113,
      "filing_date": "2022-08-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 30275298757.0,
      "total_employees": 139,
      "filing_date": "2023-08-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 35333328261.0,
      "total_employees": 154,
      "filing_date": "2024-08-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 41480618620.0,
      "total_employees": 163,
      "filing_date": "2025-04-15"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 50507169290.0,
      "total_employees": 190,
      "filing_date": "2026-08-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 85 to 102.",
        "Regulatory assets under management went from $41,480,618,620 to $50,507,169,290 (+22%).",
        "No longer lists an office in Central.",
        "No longer lists an office in Downtown.",
        "No longer lists an office in London.",
        "No longer lists an office in Paris.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 28, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1% of assets a year",
    "account_minimum": "$100,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "In general, we charge an annual management fee that can range up to 1% per annum on time -weighted AUM, payable quarterly."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Partners Capital new client minimum account size is $100 million. We reserve the right to waive the minimum in certain circumstances."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.0,
      "account_minimum": 100000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "In general, we charge an annual management fee that can range up to 1% per annum on time -weighted AUM, payable quarterly.",
      "Partners Capital new client minimum account size is $100 million. We reserve the right to waive the minimum in certain circumstances."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/partners-capital-investment-group-llp-boston-ma-120663.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 521,
      "fewer_than_5": false,
      "raum": 6211033752.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 2,
      "fewer_than_5": false,
      "raum": 112103950.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 123,
      "fewer_than_5": false,
      "raum": 19790862694.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 90,
      "fewer_than_5": false,
      "raum": 2280161318.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 147,
      "fewer_than_5": false,
      "raum": 21033098146.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 1079909430.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/120663",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}