Wealth manager, independent · Louisville, KY
Parthenon LLC
SEC-registered investment adviser · CRD 107794 · SEC 801-56440
At a glance
Parthenon LLC is an SEC-registered investment adviser based in Louisville, Kentucky, with $1.2 billion in regulatory assets under management as of its Form ADV filed January 21, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 219 individual clients. By Form ADV it is a wealth manager, ranked 1,278th of 8,915 wealth managers and 4,820th of 17,210 SEC-registered advisers by assets.
Main office 502-327-5660parthenonllc.comAs filed on Form ADV
- Regulatory AUM
- $1.2B
- Rank among wealth managers
- #1,278 of 8,915
- Rank among all SEC RIAs
- #4,820 of 17,210
- Rank in Kentucky
- #19 of 85
- Individual clients
- 219
- High-net-worth clients
- 219
- Accounts
- 461
- Discretionary
- 99% of AUM
- Employees
- 7
- Advisory staff
- 5
- Offices
- 1
Owners and executives on its Form ADV
- Todd P. LowePresident, Chief Compliance Officer
- Thomas A. CoreaChief Executive Officer
- II J. M. BarrChairman
- Tony H. CoffeyChief Financial Officer
- Matthew W. CarperSenior Vice President
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 219 | $1.1B | 88% |
| Corporations or other businesses | 9 | $67M | 5% |
| Charitable organizations | 10 | $41M | 3% |
| Pension and profit sharing plans | 4 | $19M | 2% |
| Pooled investment vehicles | 1 | $18M | 1% |
Private funds
Parthenon LLC reports 1 private funds with $18M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Parthenon LLC 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 individuals and small businesses
- 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 ↗parthenonllc.com ↗
AtlasMembers
The full record on Parthenon LLC
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 3,002 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Parthenon LLC manage?
Parthenon LLC reports $1.2 billion in regulatory assets under management across 461 accounts, 99% of it on a discretionary basis, on its Form ADV filed January 21, 2026.
What kind of firm is Parthenon LLC?
Parthenon LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Parthenon LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($1.1 billion, 219 clients); corporations or other businesses ($67 million, 9 clients); charitable organizations ($41 million, 10 clients).
Does Parthenon LLC manage private funds?
Yes. It reports 1 private funds with $18 million in gross assets, including hedge funds.
Does Parthenon LLC have any disciplinary history?
Parthenon LLC 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 Parthenon LLC’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 (2026-01-21), 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 →