Ethic Inc.
SEC-registered
Investment Adviser · Mid-sized ($1B–$10B)
CRD 282827
· SEC file 801-107290
· New York, NY
· www.youtube.com
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ADV data as of Mar 31, 2026
- Regulatory AUM
- $7.8B
- Discretionary
- $7.8B
- Clients
- 168
- Avg AUM / client
- $46.5M
- Accounts
- 2,936
- Employees
- 76
AUM over time
$0
$7.8B
Dec 2015
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 13 | $35.2M | 0.45% |
| High net worth individuals | 14 | $132M | 1.69% |
| Charitable organizations | 23 | $552M | 7.06% |
| Other investment advisers | 98 | $5.1B | 65.2% |
| Insurance companies | Fewer than 5 clients | $252M | 3.23% |
| Corporations and other businesses | 20 | $1.7B | 22.3% |
People (19)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Lipman, Jordan, Josh | Co Founder | Jan 2016 (11y) | 5% – 10% | |
| Scott, Douglas, William Arce | Chief Executive Officer / Co Founder | Jan 2016 (11y) | 5% – 10% | |
| Mair, John | Chief Product Officer / Co Founder | Mar 2016 (10y) | 5% – 10% | |
| Bouraoui, Kamel | Chief Technology Officer | Aug 2016 (10y) | Less than 5% | |
| Morris, John, Churchill | Owner | May 2018 (8y) | ≈ 3.75% – 10% via Nyca Investment Fund Iii, L.P. | |
| Adams, Andrew, William | Managing Member (Registrant) | May 2019 (7y) | ≈ 2.5% – 12.5% via Oak Hcft Management Company Llc | |
| Kemp, Particia, Maria | Managing Member (Registrant) | May 2019 (7y) | ≈ 2.5% – 12.5% via Oak Hcft Management Company Llc | |
| Lamont, Ann, Huntress | Executive Managing Member (Registrant) | May 2019 (7y) | ≈ 2.5% – 12.5% via Oak Hcft Management Company Llc | |
| Dimarco, Stephanie, G | Board Director | Oct 2019 (7y) | Less than 5% | |
| Grancio, Jennifer, Lisa | Board Director | Oct 2019 (7y) | Less than 5% | |
| Acosta, Alexandra, Idalia | Chief Compliance Officer | Feb 2022 (5y) | Less than 5% | |
| Jane Lee | Registered representative | Sep 2021 (5y) | ||
| Weitong Zhao | Registered representative | Oct 2021 (5y) | ||
| Xiaoyue He | Registered representative | Dec 2024 (2y) | ||
| Linda Victoria Gordeychev | Registered representative | Feb 2025 (1y) | ||
| Ahmed Moawad | Registered representative | CFA | Nov 2025 (1y) | |
| Christine Elizabeth Galeon | Registered representative | Nov 2025 (1y) | ||
| Alex Wen | Registered representative | Nov 2025 (1y) | ||
| Aimei Zhong | Registered representative | CFA | Dec 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Oak Hcft Management Company Llc | Shareholder | Dec 2020 | A | 10% – 25% |
| Nyca Investment Fund Iii, L.P. | Shareholder | Jun 2019 | A | 5% – 10% |
Undisclosed: 15% – 70% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Morris, John, Churchill: 75% – 100% of Nyca Investment Fund Iii, L.P. × 5% – 10% direct ≈ 3.75% – 10% of the firm
- Adams, Andrew, William: 25% – 50% of Oak Hcft Management Company Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
- Kemp, Particia, Maria: 25% – 50% of Oak Hcft Management Company Llc × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
- Lamont, Ann, Huntress: 25% – 50% of Oak Hcft Management Company Llc × 10% – 25% direct ≈ 2.5% – 12.5% 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 956 KB | 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
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $2.8B (36% of AUM) Mar 2026
- Fidelity Brokerage Services $2.4B (30% of AUM) Mar 2026
- BNY Mellon $1.7B (22% of AUM) Mar 2026
- Northern Trust $394M (5% of AUM) Oct 2025
- U.S. Bancorp Investments, Inc. $111M (2% of AUM) Oct 2025
- Pershing $94.3M (1% of AUM) Oct 2025
- State Street $53.6M (1% of AUM) Oct 2025
- J.P. Morgan $37.0M (1% of AUM) Oct 2025
- UBS $33.0M (0% of AUM) Oct 2025
- Goldman Sachs $29.5M (0% of AUM) Oct 2025
- Morgan Stanley $26.7M (0% of AUM) Oct 2025
- National Financial Services (Fidelity) $18.9M (0% of AUM) Oct 2025
- Truist Investment Services, Inc. $4.7M (0% of AUM) Oct 2025
- Interactive Brokers $1 (0% of AUM) May 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗