SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Harris | Oakmark
Chicago, IL
Harris Associates LP, CRD 106960
Firm filing updated August 4, 2026 ·
- $109.5BAssets
- 43Advisory staff
- 2,326Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals1,888
- Corporations or other businesses203
- Charities133
- Pension and profit sharing plans37
- Pooled vehicles30
- and 2 more29
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 1,888 | $7.2 billion |
| Investment companies | 19 | $78.7 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 30 | $9.0 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 37 | $4.0 billion |
| Charitable organizations | 133 | $1.7 billion |
| State or municipal government entities (including government pension plans) | 10 | $5.9 billion |
| Insurance companies | Fewer than 5 clients | $25.5 million |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $584.3 million |
| Corporations or other businesses not listed above | 203 | $2.4 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 4 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$109.5 billion
- Accounts2,326
- Discretionary$109.5 billion · 2,262 accounts
- Non-discretionary$29.8 million · 64 accounts
People
- Employees221
- Advisory staff43
- Broker-dealer reps44
- Licensed insurance agents0
Advisors
1 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Harris Associates LP SEC-registered investment advisor. CRD 106960, SEC file 801-50333.
- Registered with the SEC as an investment advisor (status date on record: September 29, 1995).
Is Harris | Oakmark a fiduciary?
Short answer: Harris | Oakmark is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 44 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.