No commissions, no ads, no advice. This Glenmede profile draws only on public records, each linked so you can confirm it yourself.

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The short answer: is Glenmede a fiduciary?

Yes. Glenmede is a fiduciary because it's an SEC-registered investment adviser. That registration is what creates its duty to act in your interest for the whole advisory relationship. Being fee-only is a separate fact about pay: clients pay it directly, and it earns no commissions on products. According to its latest Form ADV (filed March 27, 2026), Glenmede is an SEC-registered investment adviser (CRD #108165) with $6.2 billion in regulatory assets under management. It reports 1,025 clients (Item 5.D) and 1,025 client accounts (Item 5.F). The filing reports those two counts in separate items, and this page repeats them as filed.

Glenmede isn't a broker-dealer, and its Form ADV doesn't report a related broker-dealer either, so the adviser's fiduciary standard is the one that applies to its advice (SEC adviser standard). Every line below links to a public filing, so a few minutes is enough to check it. Get started with Truthifi

What "fiduciary" means: a fiduciary is legally bound to place a client's interests above its own. (More on fiduciary duty)

Glenmede at a glance

✅ Verified from public filings, last checked October 5, 2026. Glenmede (SEC CRD #108165) is a fiduciary for the whole advisory relationship, on a fee-only basis, with $6.2 billion in regulatory assets under management. Every figure below links to its primary source.

What	Glenmede	Source
SEC CRD	#108165	IAPD
Registration	Registered investment adviser (RIA), not a broker-dealer	IAPD
Registered since	August 25, 2000 (SEC)	IAPD
Fiduciary?	Yes, for the whole advisory relationship (SEC-registered investment adviser)	SEC adviser standard
Fee model	Fee-only	Form ADV Item 5.E
How it's paid	A percentage of assets under management and other	Form ADV Item 5.E
Regulatory Assets Under Management	$6.2 billion (Form ADV filed March 27, 2026)	IAPD
Client accounts	1,025 (1,019 discretionary)	IAPD
Employees	41 (21 in advisory roles)	IAPD
Ownership	Parent-owned	Form ADV Schedule A
Disclosures	Form ADV answers Yes to one or more disciplinary questions. Read them on IAPD	IAPD
HQ	Philadelphia, PA	IAPD

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Glenmede fees: what you'll pay

Glenmede is fee-only. According to its Form ADV (2026), Item 5.E reports client-paid compensation and no commissions. That structure removes commission-based conflicts, though an asset-based fee carries its own incentive: the fee grows as the managed assets grow. Fee-only doesn't automatically mean low-cost, and it says nothing about the costs inside the funds you hold.

Glenmede ticks two pay boxes: an asset-based fee and "other." This summary doesn't say what "other" covers. The fee schedule in Part 2A is where to look, and your advisor can point you to the exact line. (Are you paying too much? Why that might be the wrong question)

Fee-only means the firm is paid only by its clients, never by commissions on the products it recommends. (Fee-only financial advisor: costs and how to find one)

Who owns Glenmede, and what conflicts does it disclose?

Glenmede is owned by The Glenmede Trust Company, N.A., according to Schedule A of its Form ADV (2026). (Form ADV Schedule A) A trust-company parent can matter when the group offers other services alongside investment management.

Its Form ADV Part 2A describes the firm's conflicts of interest, including how it and its advisers are paid.

Glenmede SEC record: disclosures

Glenmede's Form ADV answers Yes to one or more disciplinary-history questions. A disclosure can be a regulatory, civil or criminal matter involving the firm or a related person. Each item can be read in full, in context, on IAPD. Any Glenmede disclosures sit on the public record, not on anyone's characterization of them.

On the record, the firm has been registered with the SEC since August 25, 2000, makes notice filings in 53 jurisdictions, and reports 41 employees, 21 of them in investment advisory roles. Is Glenmede legit? On registration, yes: its CRD and filings are public, as they are for every firm in the Truthifi /advisors hub. Registration shows it's a real, regulated adviser, not that it's the right fit for you.

Reading Glenmede reviews against the public record

A star rating reflects how a relationship felt. Glenmede's filings show something else, and three points from this profile are worth holding up against any review. The firm is fee-only, yet it ticks an "other" pay box its summary doesn't explain. A related person, not Glenmede itself, has custody of client assets. And its Form ADV answers Yes to at least one disciplinary question. A glowing review settles none of those, and a harsh one doesn't either.

How to verify Glenmede yourself

Here's how to confirm all of it in three steps:

1. Check the SEC adviser record (IAPD): https://adviserinfo.sec.gov/firm/summary/108165.
2. Read the filings (Form ADV / Form CRS): linked from the IAPD page, with the Form CRS also available directly.
3. Confirm the entity: match Glenmede (CRD #108165, legal name GLENMEDE INVESTMENT MANAGEMENT, LP) so you're reading the right firm.

The firm's own site, glenmedeim.com, is its description of itself; the IAPD record is what it files with the SEC.

What Glenmede does and who it serves

On its Form ADV, Glenmede reports providing portfolio management for individuals and small businesses, portfolio management (investment companies), portfolio management (pooled vehicles), and portfolio management for businesses and institutions.

Its Form ADV (Item 5.D) breaks its 1,025 clients down by type:

Client type	Clients	Assets managed
High-net-worth individuals	915	$1.75 billion
Investment companies	14	$3.33 billion
Pooled investment vehicles	3	$422 million
Charities	49	$171.7 million
Other investment advisers	27	$58.1 million
Insurance companies	1	$49.9 million
Corporations or other businesses	10	$35.3 million
Other	6	$377.4 million

Count by assets instead of headcount and the picture flips. The percentages that follow are Truthifi's own arithmetic on the Item 5.D rows, which sum to about $6.19 billion; Glenmede doesn't file them. High-net-worth individuals are about 89% of clients but hold roughly $1.75 billion, about 28% of those assets. The 14 investment companies hold $3.33 billion, about 54%. So a substantial share of Glenmede's assets comes from fund mandates, and an individual relationship sits alongside a large institutional book.

Separately, it reports 1,025 client accounts (Item 5.F), 1,019 discretionary (the firm can trade without seeking your approval first) and 6 non-discretionary. Its main office is in Philadelphia, PA.

It reports it does not itself take custody of client assets, though a related person does (Form ADV Item 9.B). When an affiliate holds client assets, the custodian and the adviser sit in the same corporate family, rather than a fully unrelated firm keeping the books. The filing summary here doesn't name the related person, so ask which entity holds your assets and who sends your statements.

Our recommendation: Glenmede's filing leaves three specifics open, and each one runs back to its trust-company group. Before signing, or at your next review, ask in writing: What does the "other" fee box cover, and is any of it paid to an affiliate? Which related person has custody of your assets, and is that the entity that sends your statements? Do the disciplinary disclosures concern the adviser itself or a related person? Written answers give you something to check your statements against later.

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Confirming the firm is the easy part. Seeing everything you hold is the valuable one.

Confirming Glenmede is registered takes a few minutes. No advisor, however good, sees your whole financial life by default. The held-away retirement plan, a spouse's portfolio and the costs inside a fund show up scattered and unreconciled. This is where Truthifi comes in.

How Truthifi can help

Truthifi links your accounts read-only and shows what you own, how it's allocated, how it's performing and where the risk sits, including single-stock exposure, returns next to a benchmark, a fee breakdown of the fees on each account, by type, and your Truthifi Score. You can share the accounts you choose with your advisor at Glenmede.

Prefer your own AI? A paid Truthifi plan lets you connect an AI assistant that supports MCP sign-in, such as Claude. There are two routes. Truthifi Connect is the lighter membership for people who only want to use their own assistant. If fee questions are why you're here, choose Monitoring or Monitoring Plus+, the plans that let you ask about your fees. The pricing page lists what each plan includes. See how Truthifi keeps your accounts secure

Ask AI about your Glenmede accounts

Once your accounts are connected read-only, you can ask in plain English:

• "What do I own across my Glenmede accounts and everything else, and how is it allocated?"
• "What am I paying in fees across all of these accounts?"

Try it with Truthifi: start for free at app.truthifi.com and run a Monitoring Checkup (limits apply). More on this in how to ask AI about your real investment accounts.

No commissions, no ads, no advice: Truthifi is not an investment adviser and doesn't give investment, tax or legal advice. Its access to your bank and brokerage accounts is read-only. Start free (limits apply). Monitoring Checkup is free. Link up to 10 connections, per Truthifi platform data on its published plan limits. Plans and limits are on the pricing page → truthifi.com.

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FAQ

Is Glenmede a fiduciary? Yes. It's a registered investment adviser (CRD #108165), so it owes a fiduciary duty when it advises you. Its Form ADV doesn't report a broker-dealer registration or a related broker-dealer.

Is Glenmede fee-only? Its Form ADV (Item 5.E) doesn't report commissions as compensation. It's paid by clients through fees such as a percentage of assets, hourly or fixed fees. The fee schedule is in its Form ADV Part 2A.

Who owns Glenmede? Glenmede is owned by The Glenmede Trust Company, N.A., as listed in Schedule A of its Form ADV.

Does Glenmede have complaints or disclosures? Yes. Its Form ADV answers Yes to one or more disciplinary-history questions. Read each item on IAPD, in context. A disclosure is not by itself proof of current wrongdoing.

Is Glenmede legit? Glenmede is registered with the SEC (CRD #108165) and its filings are public on the SEC's IAPD site, which confirms it is a real, regulated firm. Registration doesn't tell you whether it's the right fit or what you'll pay, so read the fee and conflict sections of its Form ADV.

Can AI help me check whether I'm getting good value? Yes. Start free (limits apply): Monitoring Checkup is free and lets you link up to 10 connections. You can also connect an AI assistant you already use (such as Claude). On Monitoring or Monitoring Plus+ you can ask it, in plain English, about the fees on each of your accounts. Truthifi is not an investment adviser and doesn't give investment, tax or legal advice.

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About this profile

Truthifi built this profile from the firm's own SEC filings (Form ADV and, where filed, Form CRS). Every page is reviewed by the Truthifi Team before publishing. The Truthifi advisor fact packs are an ongoing series checking U.S. investment advisers against their public filings, one firm at a time.

Read next from the Truthifi blog

• Fee-only financial advisor: costs and how to find one
• What is a fiduciary?
• Are you paying too much? Why that might be the wrong question
• How to ask AI about your real investment accounts
• Robo-advisor vs. human financial advisor: which is better?
• All advisor fact packs on Truthifi

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A note on sources. The facts on this page come from publicly available documents, Glenmede's SEC filings, each linked inline so you can verify it yourself (SEC data current as of October 5, 2026). This is general information, not financial or legal advice, and Truthifi is not affiliated with Glenmede. Regulatory records change, so confirm against the official sources linked above. Spot something that should be corrected? Email us at support@truthifi.com.

Next step: pull the Part 2A fee schedule from IAPD, then run a free Monitoring Checkup to set Glenmede's fee beside the fees on your other linked accounts.