Pinnacle Associates, Ltd.
Assets Under Management
$9.9B
Number of Clients
2,568
Number of Advisors
32
Average Client AUM
$3.8M
AUM per Advisor
$308.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Pinnacle Associates, founded in 1984, offers discretionary investment management services to individuals, families, and institutional investors. They manage assets using various equity and balanced strategies, tailoring services to meet client needs. Financial planning services are included as part of the overall investment management fee.
Fee Structure
Pinnacle charges an annual management fee based on a percentage of assets managed, typically ranging from 0.50% to 1.50%. The exact fee depends on the client type, investment strategy, and service complexity. Fees are usually charged quarterly, based on the market value of assets. Clients may also incur additional charges from third parties like brokers and custodians. A minimum portfolio size of $1,000,000 is generally required, but may be waived at the firm's discretion.
Areas of Practice
Location
286 Madison Avenue, 20th Floor, New York, NY, 10017