Asset manager · Boston, MA
Panagora Asset Management Inc
SEC-registered investment adviser · CRD 105201 · SEC 801-35497
At a glance
Panagora Asset Management Inc is an SEC-registered investment adviser based in Boston, Massachusetts, with $44.1 billion in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is sovereign wealth funds and foreign official institutions. By Form ADV it is a asset manager, ranked 223rd of 3,218 asset managers and 476th of 17,210 SEC-registered advisers by assets.
Main office 617-439-6300panagora.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $44B
- Rank among asset managers
- #223 of 3,218
- Rank among all SEC RIAs
- #476 of 17,210
- Rank in Massachusetts
- #46 of 627
- Clients
- 99
- Accounts
- 99
- Discretionary
- 99% of AUM
- Employees
- 110
- Advisory staff
- 44
- Offices
- 1
Owners and executives on its Form ADV
- Paul M. SuttonChief Financial Officer and Treasurer
- Eric H. SorensenDirector/ Vice Chair of Panagora
- Robert J. OrrDirector
- Edward E. QianChief Investment Officer
- Robert L. ReynoldsDirector
- George D. MussalliDirector/ Global Chief Investment Officer
- Jason F. KetchenChief Operating Officer
- Margaret E. WyrwasDirector
- Mark J. AnsonDirector
- Marc L. VolpeChief Compliance Officer
- Stephen R. FerraraGeneral Counsel
- Andra S. BolotinDirector
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It reports a broker-dealer among its affiliates on Form ADV.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Sovereign wealth funds and foreign official institutions | 9 | $21B | 49% |
| Pooled investment vehicles | 18 | $7.4B | 17% |
| State or municipal government entities | 11 | $5.1B | 11% |
| Corporations or other businesses | 32 | $3.9B | 9% |
| Pension and profit sharing plans | 13 | $2.3B | 5% |
| Investment companies | 6 | $2.3B | 5% |
| Other | 6 | $1.4B | 3% |
| Charitable organizations | 3 | $226M | <1% |
| Insurance companies | 1 | $78M | <1% |
Private funds
Panagora Asset Management Inc reports 9 private funds with $6.1B in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Panagora Asset Management Inc answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗panagora.com ↗
AtlasMembers
The full record on Panagora Asset Management Inc
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 312 peers of its type and size
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- Owners and executives, with titles and stakes
- 13 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Panagora Asset Management Inc manage?
Panagora Asset Management Inc reports $44.1 billion in regulatory assets under management across 99 accounts, 99% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Panagora Asset Management Inc?
Panagora Asset Management Inc is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. A public reporting company controls it.
Who are Panagora Asset Management Inc’s clients?
By assets, its largest client types are sovereign wealth funds and foreign official institutions ($21.5 billion, 9 clients); pooled investment vehicles ($7.4 billion, 18 clients); state or municipal government entities ($5.1 billion, 11 clients).
Does Panagora Asset Management Inc manage private funds?
Yes. It reports 9 private funds with $6.1 billion in gross assets, including hedge funds.
Does Panagora Asset Management Inc have any disciplinary history?
Panagora Asset Management Inc answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Panagora Asset Management Inc’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →