Earnest Partners Llc
SEC-registered
Investment Adviser · Large ($10B–$100B)
CRD 107926
· SEC file 801-56189
· Atlanta, GA
· www.earnestpartners.com
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ADV data as of Jul 13, 2026
- Regulatory AUM
- $42.6B
- Discretionary
- $42.6B
- Clients
- 7,415
- Avg AUM / client
- $5.7M
- Accounts
- 7,515
- Employees
- 47
AUM over time
$18.8B
$42.6B
Dec 2011
Jul 2026
Annual snapshots from Form ADV filings · as of Jul 13, 2026
Asset allocation (SMA assets by investment type)
as of Jul 13, 2026
Exchange-traded equities
$26.8B
63%
US government & agency bonds
$9.8B
23%
Investment-grade corporate bonds
$2.6B
6%
Cash & equivalents
$1.3B
3%
Other
$1.3B
3%
State & local bonds
$426M
1%
Pooled investment vehicles
$426M
1%
Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 10 | $144M | 0.34% |
| Investment companies | 14 | $4.2B | 9.89% |
| Pooled investment vehicles (non-investment companies) | 20 | $11.7B | 27.4% |
| Pension and profit sharing plans | 44 | $3.9B | 9.08% |
| Charitable organizations | 44 | $1.3B | 2.95% |
| State or municipal government entities | 88 | $14.9B | 35.0% |
| Insurance companies | 14 | $362M | 0.85% |
| Sovereign wealth funds and foreign official institutions | 2 | $170M | 0.4% |
| Corporations and other businesses | 51 | $1.6B | 3.65% |
| Other | 7,128 | $4.4B | 10.4% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $1.3B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Earnest Interest Fund I, L.P. | Other Private Fund | Delaware | $449M | 4 |
| Earnest Partners China Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | New Hampshire | $434M | 22 |
| Earnest International Investment Trust Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | New Hampshire | $318M | 21 |
| Earnest Partners Global Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | New Hampshire | $70.7M | 3 |
| Earnest International Pooled Group Trust | Other Private Fund | Massachusetts | $48.8M | 2 |
| Earnest Emerging Markets Investment Trust Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | New Hampshire | $16.6M | 5 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc EIN 731355924 | Oklahoma City, OK | 06/30/2024 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Paul Ernest Viera | Ceo/Manager | Dec 1997 (29y) | Less than 5% | |
| Wilson, James, Macon | Chief Compliance Officer | Jul 2001 (25y) | Less than 5% | |
| Fiege, Carsten, Joachim | Chief Operating Officer | Dec 2022 (4y) | Less than 5% | |
| Choi, Sunna | General Counsel | Nov 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Westchester Limited Ep, Llc | Member | May 2022 | A | 75% or more |
| Ep Partner Pool, Llc | Member | Jan 2007 | A | 10% – 25% |
| The Pev Revocable Living Trust | Member | Apr 2014 | B | ≈ 7.5% – 25% via Ep Partner Pool, Llc |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- The Pev Revocable Living Trust: 75% – 100% of Ep Partner Pool, Llc × 10% – 25% direct ≈ 7.5% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (6, $1.3B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Earnest Interest Fund I, L.P. | Other Private Fund | $449M | $0 | 4 |
| Earnest Partners China Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | $434M | $1.0M | 22 |
| Earnest International Investment Trust Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | $318M | $1.0M | 21 |
| Earnest Partners Global Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | $70.7M | $1.0M | 3 |
| Earnest International Pooled Group Trust | Other Private Fund | $48.8M | $1.0M | 2 |
| Earnest Emerging Markets Investment Trust Fund (A Separate Series Of The Earnest Series Investment Trust) | Other Private Fund | $16.6M | $1.0M | 5 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (27)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Electrical Contractors Assoc. Of The City Of Chgo Local Union 134, Ibew Joint Pension Trust Of Chgo Pension Plan #2 | Board Of Trustees Of Eca Chicago And Local Union 134 Ibew Pension Plan | 7,099 | $2.7B | 07/01/2024 |
| Ironworkers National Pension Plan | Ironworkers National Pension Plan Board Of Trustees | 2,852 | $503M | 07/01/2024 |
| Sheet Metal Workers Local Union No. 80 Pension Fund | Trustees Of Sheet Metal Workers Local Union No. 80 Pension Fund | 1,348 | $422M | 06/01/2024 |
| Operating Engineers' Local 324 Pension Fund | Joint Board Of Trustees Operating Engineers Local 324 | 8,819 | $1.9B | 05/01/2024 |
| I.B.E.W. Local 38 Pension Plan | Ibew Local 38 Pension Plan | 1,704 | $446M | 05/01/2024 |
| Operating Engineers' Local 324, Defined Contribution Pension Plan | Joint Board Of Trustees, Operating Engineers Local 324, Dc | 8,349 | $248M | 05/01/2024 |
| Pension Plan For Non Bargaining Unit Employees Of Kyocera International, Inc. & Participating Companies | Kyocera International, Inc. | 966 | $222M | 04/01/2024 |
| Bert Bell/Pete Rozelle Nfl Player Retirement Plan | Retirement Board Of Bert Bell/Pete Rozelle Nfl Player Retirement Plan | 2,517 | $4.0B | 04/01/2024 |
| National Basketball Association Players' Pension Plan | Board Of Trustees Of Nba Players' Pension Plan | 525 | $725M | 02/02/2024 |
| Sheet Metal Workers Pension Plan Of Northern California | Sheet Metal Workers Pension Trust | 5,187 | $1.6B | 01/01/2024 |
| Pension Plan B For Employees Of Consumers Energy Company | Consumers Energy Company | 302 | $1.4B | 01/01/2024 |
| Nxp 401(k) Retirement Plan | Nxp Usa, Inc. | 4,779 | $3.8B | 01/01/2024 |
| Pension Plan A For Employees Of Consumer Energy Company | Consumers Energy Company | 1,755 | $1.9B | 01/01/2024 |
| The Bank Of New York Mellon Corporation Pension Plan | The Bank Of New York Mellon | 5,336 | $5.2B | 01/01/2024 |
| Nfl Player Annuity Program | Annuity Board Of The Nfl Player Annuity Program | 2,790 | $2.0B | 01/01/2024 |
| Sheet Metal Workers' National Pension Fund | Bd Of Trustees Sheet Metal Workers' National Pension Fund | 66,166 | $8.9B | 01/01/2024 |
| Ilwu (Hawaii) Employers General Pension Plan | Board Of Trustees Of The Ilwu (Hawaii) Employers General Pension Trust | 1,972 | $90.7M | 01/01/2024 |
| Hotel Industry Ilwu Pension Plan | Board Of Trustees Of The Hotel Industry Ilwu Pension Plan | 6,605 | $319M | 01/01/2024 |
| Mason Tenders' District Council Pension Fund | Board Of Trustees Mason Tenders District Council Pension Fund | 8,766 | $2.0B | 01/01/2024 |
| Cvs Health Future Fund 401(k) Plan | Cvs Health Corporation | 313,966 | $30.1B | 01/01/2024 |
| Smart Local Unions And Councils Pension Fund | Board Of Trustees Of The Smart Local Unions And Councils Pension Fund | 995 | $397M | 01/01/2024 |
| Oshkosh Corporation Hourly Employees' Retirement Plan | Oshkosh Corporation | 885 | $166M | 01/01/2024 |
| Pierce Manufacturing Inc. Pension Plan | Pierce Manufacturing, Inc. | 813 | $157M | 01/01/2024 |
| Boca Raton Regional Hospital Employees Pension Plan | Boca Raton Regional Hospital, Inc. | 358 | $74.7M | 01/01/2024 |
| The University Of Chicago Pension Plan For Staff Employees | The University Of Chicago | 4,660 | $305M | 01/01/2024 |
Top 25 of 27 plans by assets.
From Form 5500 service-provider disclosures.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc | Public charity | $403M | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/13/2026 | 2.27 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- BNY Mellon $6.8B (16% of AUM) Jul 2026
- Northern Trust $6.4B (15% of AUM) Jul 2026
- State Street $4.5B (11% of AUM) Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 13, 2026.
View current Form ADV (SEC/IAPD) ↗