{
  "crd_number": 105675,
  "slug": "praxis-investment-management-inc-goshen-in-105675",
  "primary_business_name": "PRAXIS INVESTMENT MANAGEMENT, INC.",
  "legal_name": "PRAXIS INVESTMENT MANAGEMENT, INC.",
  "dbas": [
    "EVERENCE CAPITAL MANAGEMENT"
  ],
  "city": "Goshen",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "21140",
  "metro": {
    "cbsa_code": "21140",
    "common_name": "Elkhart",
    "msa_name": "Elkhart-Goshen, IN",
    "path": "/advisors/in/elkhart"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1990-04-02",
  "years_registered": 36,
  "period": "2026-10-01",
  "filing_date": "2026-03-23",
  "carried_forward": false,
  "raum_total": 3299890470.0,
  "raum_discretionary": 3299890470.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 0.0,
      "count": 0
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 3299890470.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 0.0,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IN"
  ],
  "websites": [
    "https://everence.com",
    "https://facebook.com/EVERENCE",
    "https://instagram.com/everencefinancial",
    "https://linkedin.com/COMPANY/EVERENCE-FINANCIAL",
    "https://linkedin.com/COMPANY/PRAXIS-INVESTMENT-MANAGEMENT",
    "https://praxisinvests.com",
    "https://twitter.com/EVERENCE",
    "https://twitter.com/praxisfunds"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105675",
  "city_as_filed": "GOSHEN",
  "url": "https://advisorcensus.com/firm/praxis-investment-management-inc-goshen-in-105675",
  "display_name": "Praxis Investment Management, Inc.",
  "summary": "Praxis Investment Management, Inc. is an SEC-registered investment advisory firm in Goshen, IN, registered since 1990, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.",
  "citation": "AdvisorCensus. Praxis Investment Management, Inc. (CRD 105675): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Praxis Investment Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Praxis Investment Management, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Praxis Investment Management, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: 0.05% to 1.2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Praxis Investment Management, Inc. located?",
      "a": "Praxis Investment Management, Inc.'s principal office is in Goshen, IN, according to its Form ADV."
    },
    {
      "q": "Is Praxis Investment Management, Inc. registered with the SEC or a state?",
      "a": "Praxis Investment Management, Inc. is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 105675."
    },
    {
      "q": "How much does Praxis Investment Management, Inc. manage?",
      "a": "Praxis Investment Management, Inc. reports $3,299,890,470 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary)."
    },
    {
      "q": "How have Praxis Investment Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Praxis Investment Management, Inc.: Regulatory assets under management: $1,898,047,874 in the October 2021 data and $3,299,890,470 in the October 2026 data, up 74%. Total employees: 12 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Praxis Investment Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does Praxis Investment Management, Inc. 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/105675"
    },
    {
      "q": "What changed in Praxis Investment Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $2,773,178,754 to $3,299,890,470 (+19%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1898047874.0,
      "total_employees": 12,
      "filing_date": "2021-03-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2300518443.0,
      "total_employees": 11,
      "filing_date": "2022-03-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2006137406.0,
      "total_employees": 12,
      "filing_date": "2023-03-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2454782653.0,
      "total_employees": 11,
      "filing_date": "2024-03-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2773178754.0,
      "total_employees": 15,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3299890470.0,
      "total_employees": 14,
      "filing_date": "2026-03-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $2,773,178,754 to $3,299,890,470 (+19%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.05% to 1.2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.05% to 1.2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our annual fees for Investment Supervisory Services are based upon a percentage of assets under management and generally range from 0.05% to 1.2%.",
          "Our Consulting Services fees are charged as a percentage of assets under advisement by our firm, typically ranging from 0.05% to 1.2% of assets under review, depending on the nature and complexity of each client’s circumstances, and upon mutual agreement with the client."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.05,
        1.2
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Our annual fees for Investment Supervisory Services are based upon a percentage of assets under management and generally range from 0.05% to 1.2%.",
      "Our Consulting Services fees are charged as a percentage of assets under advisement by our firm, typically ranging from 0.05% to 1.2% of assets under review, depending on the nature and complexity of each client’s circumstances, and upon mutual agreement with the client."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/praxis-investment-management-inc-goshen-in-105675.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": 1,
      "fewer_than_5": false,
      "raum": 3299890470.0
    },
    {
      "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": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/105675",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}