← Directory
PARTHENON LLC
CRD 107794File 801-56440
APPROVED
Retail clients
Custody
Disclosure events
Filing as of Jan 21, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$1.22B
Above cohort median (national)
Discretionary AUM
$1.20B
Non-discretionary $15.9M
Clients
243
461 accounts
Employees
7
Top 25% of cohort in KY
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Apr 16, 1999
- Principal office
- 435 N. WHITTINGTON PARKWAY, SUITE 180, LOUISVILLE, KY, 40222
- Phone
- 502-327-5660
- Website
- HTTP://WWW.PARTHENONLLC.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $1.22B
- Discretionary AUM
- $1.20B
- Non-discretionary AUM
- $15.9M
- Discretionary accounts
- 450
- Non-discretionary accounts
- 11
- Total accounts
- 461
- AUM per client
- $5.0M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 9 | $66.9M |
| Charitable organizations | 10 | $40.7M |
| High net worth individuals | 219 | $1.07B |
| Pooled investment vehicles | 1 | $17.8M |
| Pension and profit sharing plans | 4 | $18.9M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11- Q11
- Q11D2
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Feb 1, 2026 | Disclosures | No | Yes | |
| Feb 1, 2026 | Clients | 244 | 243 | decreased by1 |
| Feb 1, 2026 | AUM | $1,120,457,850 | $1,217,505,630 | increased by$97,047,780 |
| Feb 1, 2026 | Accounts | 470 | 461 | decreased by9 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 235 | 244 | increased by9 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $1,003,207,090 | $1,120,457,850 | increased by$117,250,760 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 427 | 470 | increased by43 |
| Mar 1, 2022 | Custody | No | Yes | |
| Mar 1, 2022 | Clients | 231 | 235 | increased by4 |
| Mar 1, 2022 | AUM | $858,156,910 | $1,003,207,090 | increased by$145,050,180 |
| Mar 1, 2022 | Accounts | 428 | 427 | decreased by1 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “PARTHENON” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“PARTHENON” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.