Data / Investment advisers / Massachusetts / Nepc, LLC
Nepc, LLC, Boston, MA: $153 billion AUM, SEC registered investment adviser
Nepc, LLC is an SEC registered investment adviser with its main office in Boston, Massachusetts and reports $153 billion in regulatory assets under management in its Form ADV filed September 22, 2026. Its clients include pension and profit sharing plans, corporations and other businesses and charitable organizations. It is paid through a percentage of assets under management, hourly charges and fixed fees. It advises 4 private funds.
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- Registration
- SEC registered investment adviser
- CRD number
- 110562
- SEC file number
- 801-37227
- SEC status
- Approved, effective August 23, 1990
- Main office
- 225 Franklin Street 29th Floor, Boston, MA 02110
- Phone
- (617) 374-1300
- Regulatory AUM
- $152,723,794,951 in the Form ADV filed September 22, 2026
- Discretionary AUM
- $152,723,794,951
- Accounts
- 132
- Employees
- 379, of which 132 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, hourly charges, fixed fees, performance based fees
- Private funds
- 4: 4 other private funds
- Gross assets of private funds
- $2,334,032,742
- Other offices
- 25
- Form ADV Item 11 disclosures
- Reported: SEC or CFTC regulatory actions, other federal, state or foreign regulatory actions, self-regulatory organization actions
- Latest Form ADV filing
- September 22, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Pension and profit sharing plans | 165 | $98.08 billion |
| Corporations or other businesses | 47 | $22.57 billion |
| Charitable organizations | 84 | $14.77 billion |
| State or municipal government entities | 73 | $8.52 billion |
| Pooled investment vehicles | 8 | $5.29 billion |
| High net worth individuals | 35 | $3.34 billion |
| Banking or thrift institutions | 1 | $163.5 million |
| Insurance companies | 22 | Not listed |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $152.72 billion | March 27, 2026 |
| December 1, 2025 | $137.33 billion | April 30, 2025 |
Other advisers in Boston
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Marsh Investments US LLC | Boston | $226.04 billion | 41 | adviserinfo.sec.gov |
| John Hancock Investment Management LLC | Boston | $212.05 billion | Not listed | adviserinfo.sec.gov |
| Harbourvest Partners, LLC | Boston | $191.18 billion | 311 | adviserinfo.sec.gov |
| Acadian Asset Management | Boston | $177.46 billion | 47 | adviserinfo.sec.gov |
| Boston Management and Research | Boston | $154.73 billion | 22 | adviserinfo.sec.gov |
| Rhumbline Advisers | Boston | $136.48 billion | 24 | adviserinfo.sec.gov |
| Income Research + Management | Boston | $130.65 billion | 15 | adviserinfo.sec.gov |
| Putnam Investment Management, LLC | Boston | $117.24 billion | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Boston, MA
- Investment advisers in Massachusetts
- Advisers with Over $100 billion in AUM
- Advisers serving pension and profit sharing plans
- Advisers serving corporations and other businesses
- Advisers that manage private funds
- Nepc, LLC on the SEC's adviser search
Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.