DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Parametric Portfolio Associates
Legal name Parametric Portfolio Associates LLC
Latest filing Apr 21, 2026
First filing on the tape Jan 27, 2012 · 49 filings
SEC status approved since Aug 17, 2001
RAUM
$685B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
56%
$383B individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$98B
derived; firm RAUM over IAPD count
Employees
1,109
213 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
12
reported on Schedule D
History
49 filings and snapshots on the tape
RAUM$685B as of Apr 21, 2026
Jan 27, 2012$38B then
HNW client RAUM$319B as of Apr 21, 2026
Jan 26, 2018$46B then
State-registered IARs (5.B.3)6 as of Apr 21, 2026
Feb 4, 20130 then
Employees (5.A)1,109 as of Apr 21, 2026
Feb 4, 2013205 then
Private funds12 as of Apr 21, 2026
Feb 4, 20136 then
RAUM +19% over the last fiscal year+21% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Apr 21, 2026; every figure names its basis
Archetypes, each a printed rule
- Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- RAUM per advisor
- $98BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 32,847derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.0MderivedHNW RAUM over HNW clients
- Average account
- $2.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 94%derivedof RAUM
- Institutional
- 27%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 158.4derivedItem 5.A over advisors
- Advisors per office
- 1.2derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +20%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $9.3B, 8 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- a related person acts as qualified custodian (9.D.2)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$319B47%
- Pension and profit-sharing plans$108B16%
- Charitable organizations$74B11%
- Corporations and businesses$65B9.6%
- Individuals$65B9.5%
- Investment companies$37B5.5%
- Pooled investment vehicles$14B2.1%
- State and municipal entities$1.4B0.2%
- Insurance companies$509M0.1%
- Sovereign wealth funds$1.5M0.0%
- Individual clients
- 151,182reported
- HNW clients
- 78,745reported
- Pension plan clients
- 559reported
- Charitable clients
- 1,755reported
- Accounts
- 240,280reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $214B managedreported
- Custody of client assets
- $9.3B for 8 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.56 fund_share=0.08 institutional_share=0.27 related_bd=true related_bank=true bd_reps=59.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Nathan Quinn Christofferson | Seattle, Wa | Sep 5, 2017 | 13 y | 1 |
| Bryan Gregory Sandvig | Seattle, Wa | Nov 17, 2017 | 14 y | 2 |
| Denise Jaylene Jaylene HowardChartered Financial Analyst | Seattle, Wa | Jun 28, 2018 | 21 y | 2 |
| Christopher John Powers | Seattle, Wa | Jul 19, 2018 | 14 y | 2 |
| Devlin Timony-Balyeat | Seattle, Wa | Jan 26, 2021 | 10 y | 1 |
| Lauren A Murphy | Boston, Ma | Jan 3, 2022 | 16 y | 2 |
| Kevin Lynyak | New York, Ny | Mar 25, 2024 | 30 y | 2 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Kyle Jacob Lunde to Catalina Capital Group, LLCOct 22, 2019 · RIA to RIA
Joined, latest
- Kevin Lynyak from Morgan Stanley Investment Management Inc.Mar 25, 2024 · Other
- Lauren A Murphy from Breckinridge Capital Advisors IncJan 3, 2022 · RIA to RIA
- Devlin Timony-Balyeat from Edward JonesJan 26, 2021 · Affiliated broker-dealer or bank to independent RIA
- Christopher John Powers from RBC Capital Markets, LLCJul 19, 2018 · Affiliated broker-dealer or bank to independent RIA
- Denise Jaylene Jaylene Howard from Canterbury Consulting IncorporatedJun 28, 2018 · RIA to RIA
- Bryan Gregory Sandvig from New York Life Investment Management LLCNov 17, 2017 · Other
- Nathan Quinn Christofferson from Thrivent Investment Management Inc.Sep 5, 2017 · Other
- Kyle Jacob Lunde from Dimensional Fund Advisors LPApr 25, 2016 · Other
Private funds
20 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
- Patrick Benjamin Hammes · Head Of Derivatives Advisory Compliancecontrolsince 09/2021 · owns less than 5%
- Ranjit Kapila · Co-President, Chief Technology Officer And Head Of Operationscontrolsince 10/2019 · owns less than 5%
- Masako Cindy Kim · Chief Compliance Officercontrolsince 09/2021 · owns less than 5%
- Bernard Thomas Lee · Co-President, Chief Investment Officer And Head Of Operationscontrolsince 11/2019 · owns less than 5%
- Gross Melissa Fell · Chief Administrative Officer Portfolio Associatessince 07/2024 · owns less than 5%
Entity owners
- Morgan Stanley Capital Management, LLC · Morgan Stanley Capital Management, LLC Is The Sole Member Of Parametric Portfolio Associatesdirect · owns 75% or more
- Morgan Stanley · Morgan Stanley Wholly Owns Morgan Stanley Capital Management LLCindirect · owns 75% or more of Morgan Stanley Capital Management, LLC · public reporting company
Related persons
Schedule D 7.A
- Atlanta Capitalinvestment advisernRAUM $29B
- Boston Management And Researchinvestment adviserbankpooled vehicle sponsornRAUM $155B
- Calvert Research And Managementinvestment adviserbanknRAUM $40B
- Eaton Vance Advisers International Ltd.investment adviserbanknRAUM $36B
- Eaton Vance Distributors, Inc.broker-dealern
- Eaton Vance Managementinvestment adviserbankpooled vehicle sponsornRAUM $97B
- Eaton Vance Management (International) Limitedbroker-dealerinvestment advisern
- Eaton Vance Trust Companyn
- Morgan Stanley & Co. LLCbroker-dealertrust companyn
- Morgan Stanley Aip Gp LPinvestment adviserbanknRAUM $41B
- Morgan Stanley Distribution, Inc.broker-dealern
- Morgan Stanley Investment Management (Japan) Co., Ltd.investment advisern
- Morgan Stanley Investment Management Companyinvestment advisernRAUM $11B
- Morgan Stanley Investment Management Inc.investment adviserbankpooled vehicle sponsornRAUM $702B
- Morgan Stanley Investment Management Limitedinvestment adviserpooled vehicle sponsornRAUM $175B
- Morgan Stanleybroker-dealerinvestment adviserpooled vehicle sponsorcustodiannRAUM $1962B
- Msim Fund Management (Ireland) Limitedinvestment adviserpooled vehicle sponsorn
Advisers that list Parametric Portfolio Associates as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Seattle, Wa · principal | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Minneapolis, MN38 employees
- New York, NY11 employees
- Boston, MA7 employees
- Westport, CT5 employees
- Alpharetta, GA1 employees
ADV anomalies
6 against comparable advisers; where to look, not conclusions
- wealth RIA private fund surgeCombination · filing Apr 21, 2026a wealth manager (private-client share at least 50 percent) whose private fund count grew by three or more and 50 percent or more. RAUM $574,020,820,789 to $684,777,137,029, advisors 6 to 6, private clients 192384 to 229927, offices 5 to 5 (2025-04-09 to 2026-04-21)peers: affiliated wealth managers, $20B and over (50)
- high employee count relative to advisorsStatic outlier · filing Apr 21, 2026employees per registered advisor of 158.4 against a peer median of 1.7 (49 comparable advisers, 100.0th percentile, 245.7 robust deviations)peers: affiliated wealth managers, $20B and over (49) · 100% percentile
- high institutional concentrationStatic outlier · filing Apr 21, 2026institutional share of RAUM of 27% against a peer median of 3% (50 comparable advisers, 100.0th percentile, 7.2 robust deviations)peers: affiliated wealth managers, $20B and over (50) · 100% percentile
- very high RAUM per advisorStatic outlier · filing Apr 21, 2026RAUM per registered advisor of $97,825,305,290 against a peer median of $84,365,013 (49 comparable advisers, 100.0th percentile, 999.0 robust deviations)peers: affiliated wealth managers, $20B and over (49) · 100% percentile
- control person changedChange between filings · filing Apr 21, 2026Kapila, Ranjit (CO-PRESIDENT, CHIEF TECHNOLOGY OFFICER AND HEAD OF OPERATIONS) left Schedule A between the filings of 2024-08-29 and 2026-04-21peers: affiliated wealth managers, $20B and over (50)
- private fund count surgeChange between filings · filing Apr 21, 2026private funds (Schedule D 7.B.1) moved from 8.0 to 12.0 (+50.0%) between the annual amendments of 2025-04-09 and 2026-04-21; the peer median change was 0.0% (7 comparable advisers, 100.0th percentile of changes)peers: affiliated wealth managers, $20B and over (7) · 100% percentile
What changed
consecutive filings, newest first
- Private funds · 10 to 12Mar 31, 2026 to Apr 21, 2026
- Accounts · 201,647 to 240,280Aug 15, 2025 to Mar 31, 2026
- Advisory employees · 198 to 213Aug 15, 2025 to Mar 31, 2026
- Charity clients · 1,573 to 1,755Aug 15, 2025 to Mar 31, 2026
- Corporate clients · 6,828 to 7,725Aug 15, 2025 to Mar 31, 2026
- HNW clients · 57,045 to 78,745Aug 15, 2025 to Mar 31, 2026
- Individual clients · 135,339 to 151,182Aug 15, 2025 to Mar 31, 2026
- Pension plan clients · 459 to 559Aug 15, 2025 to Mar 31, 2026
- Pooled vehicle clients · 99 to 114Aug 15, 2025 to Mar 31, 2026
- Assets in custody · $8.9B to $9.3BAug 15, 2025 to Mar 31, 2026
- Employees · 1,006 to 1,109Aug 15, 2025 to Mar 31, 2026
- Private funds · 8 to 10Aug 15, 2025 to Mar 31, 2026
- Discretionary RAUM · $535B to $644BAug 15, 2025 to Mar 31, 2026
- HNW RAUM · $246B to $319BAug 15, 2025 to Mar 31, 2026
- Individual RAUM · $62B to $65BAug 15, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $40B to $41BAug 15, 2025 to Mar 31, 2026
- Pension RAUM · $53B to $108BAug 15, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $7.8B to $14BAug 15, 2025 to Mar 31, 2026
- RAUM · $574B to $685BAug 15, 2025 to Mar 31, 2026
- Wrap assets (manager) · $176B to $214BAug 15, 2025 to Mar 31, 2026
- Financial planning clients · 0 to 0Apr 9, 2025 to Aug 15, 2025
- Accounts · 163,121 to 201,647Nov 27, 2024 to Apr 9, 2025
- Advisory employees · 191 to 198Nov 27, 2024 to Apr 9, 2025
- BD registered reps · 63 to 59Nov 27, 2024 to Apr 9, 2025
- Charity clients · 1,439 to 1,573Nov 27, 2024 to Apr 9, 2025
- Corporate clients · 5,406 to 6,828Nov 27, 2024 to Apr 9, 2025
- HNW clients · 50,213 to 57,045Nov 27, 2024 to Apr 9, 2025
- Individual clients · 105,236 to 135,339Nov 27, 2024 to Apr 9, 2025
- Pension plan clients · 466 to 459Nov 27, 2024 to Apr 9, 2025
- Pooled vehicle clients · 95 to 99Nov 27, 2024 to Apr 9, 2025
- Assets in custody · $7.7B to $8.9BNov 27, 2024 to Apr 9, 2025
- Employees · 877 to 1,006Nov 27, 2024 to Apr 9, 2025
- State-registered IARs · 9 to 6Nov 27, 2024 to Apr 9, 2025
- Discretionary RAUM · $434B to $535BNov 27, 2024 to Apr 9, 2025
- HNW RAUM · $195B to $246BNov 27, 2024 to Apr 9, 2025
- Individual RAUM · $45B to $62BNov 27, 2024 to Apr 9, 2025
- Non-discretionary RAUM · $41B to $40BNov 27, 2024 to Apr 9, 2025
- Pension RAUM · $50B to $53BNov 27, 2024 to Apr 9, 2025
- Pooled vehicle RAUM · $12B to $7.8BNov 27, 2024 to Apr 9, 2025
- RAUM · $475B to $574BNov 27, 2024 to Apr 9, 2025
Signals
17 dated events
- Dean Brian Langstraat (Manager, Ceo) no longer on Schedule A of Parametric Portfolio Associates (listed 2023-12-12, absent 2024-01-29)Jan 29, 2024 · Control person left · inference
- Ewart Thomas Faust (President) no longer on Schedule A of Parametric Portfolio Associates (listed 2022-06-06, absent 2023-01-31)Jan 31, 2023 · Control person left · inference
- Parametric Portfolio Associates reported RAUM $428.9B, up 37% from $312.9B (2021-09-07 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Hamilton James Evans (Chief Investment Officer) no longer on Schedule A of Parametric Portfolio Associates (listed 2021-09-07, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- Scott Randall Hegarty (Chief Compliance Officer) no longer on Schedule A of Parametric Portfolio Associates (listed 2021-07-30, absent 2021-09-07)Sep 7, 2021 · Control person left · inference
- Masako Cindy Kim (Chief Compliance Officer, Equities And Fixed Income) appeared on Schedule A of Parametric Portfolio AssociatesSep 7, 2021 · Control person joined · fact
- Patrick Benjamin Hammes (Head Of Compliance, Derivatives) appeared on Schedule A of Parametric Portfolio AssociatesSep 7, 2021 · Control person joined · fact
- Stewart Frederick Marius (Secretary, Chief Legal Officer) no longer on Schedule A of Parametric Portfolio Associates (listed 2021-06-29, absent 2021-07-20)Jul 20, 2021 · Control person left · inference
- Greenwald Laurie Hylton (Treasurer) no longer on Schedule A of Parametric Portfolio Associates (listed 2021-03-11, absent 2021-03-30)Mar 30, 2021 · Control person left · inference
- Hamilton James Evans (Chief Investment Officer) appeared on Schedule A of Parametric Portfolio AssociatesJan 29, 2021 · Control person joined · fact
- Legare Jack Hansen (Chief Investment Officer - Minneapolis) no longer on Schedule A of Parametric Portfolio Associates (listed 2019-03-25, absent 2019-11-01)Nov 1, 2019 · Control person left · inference
- Ranjit Kapila (Chief Technology Officer And Head Of Operations) appeared on Schedule A of Parametric Portfolio AssociatesNov 1, 2019 · Control person joined · fact
- Thomas Lee (Chief Investment Officer) appeared on Schedule A of Parametric Portfolio AssociatesNov 1, 2019 · Control person joined · fact
- Wold Paul Bouchey (Chief Investment Officer - Seattle) no longer on Schedule A of Parametric Portfolio Associates (listed 2019-03-25, absent 2019-11-01)Nov 1, 2019 · Control person left · inference
- Carr Christine Smith (Manager, Coo, Secretary) no longer on Schedule A of Parametric Portfolio Associates (listed 2019-03-25, absent 2019-11-01)Nov 1, 2019 · Control person left · inference
- Young Orison Chaffee (Managing Principal - Minneapolis) no longer on Schedule A of Parametric Portfolio Associates (listed 2019-03-25, absent 2019-11-01)Nov 1, 2019 · Control person left · inference
- Parametric Portfolio Associates reported RAUM $225.1B, up 26% from $178.6B (2017-12-11 to 2018-01-26)Jan 26, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/parametricreportedpublic record, Form ADV, Sep 17, 2026
- Website
- parametricportfolio.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 206-694-5500reportedpublic record, Form ADV, Apr 21, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $98Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026