Firm Info
Firm Size
Services Offered
- Portfolio Management of Pooled Investment Vehicles
- Other
Types of Clients
- Pooled Investment Vehicles
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Performance-based Fees
- Other
Pinnacle Asset Management, L.p. Overview
Pinnacle Asset Management, L.P. is a fee-based commodity pool operator and advisor registered investment advisory firm located in New York, NY. The firm has been operating since 2003 and has extensive experience in providing investment advice to its clients. As a commodity pool operator, Pinnacle Asset Management manages pooled investment vehicles for its clients. This includes portfolio management services, which allow clients to invest their money in secure and profitable commodity opportunities. The firm's team of experienced advisors evaluates the market and gives expert advice on investment opportunities, enabling its clients to make informed investment decisions. Apart from portfolio management, Pinnacle Asset Management also offers advisory and consulting services to its clients. The firm uses its vast experience and expertise in the market to provide financial guidance to its clients. The team's advisory and consulting services help their clients make informed financial decisions that could lead to higher investment returns and growth. Overall, Pinnacle Asset Management's unique combination of portfolio management, advisory, and consulting services, together with its extensive experience in the market, makes it an ideal partner for anyone looking to make smart investment decisions.
PINNACLE ASSET MANAGEMENT, L.P. is a prestigious firm that caters to a diverse clientele, mainly consisting of pooled investment vehicles. These clients include corporate, private, and individual investors seeking to invest their funds in various instruments such as stocks, bonds, and commodities. The firm leverages its many years of experience and expertise to offer tailored investment strategies that cater to the unique needs and risk appetites of each client. These strategies are designed to provide long-term returns and growth opportunities while minimizing risks and protecting the investor's capital. In terms of fee structures, clients of PINNACLE ASSET MANAGEMENT, L.P. have access to a range of options based on the services provided. These may include a percentage of assets under management, performance-based fees, and other types of fees that cover expenses related to research, analysis, and transaction costs. The structure chosen will depend on the preferences and circumstances of the client, as well as the investment strategy being employed. The firm's transparent and competitive fee structures ensure that clients receive exceptional value for their investment capital and can benefit from the robust returns generated by their portfolios. With clients of different types and sizes, PINNACLE ASSET MANAGEMENT, L.P. is committed to finding flexible and suitable fee structures to enable investors to fulfill their investment goals and objectives.
Typical Clients, Fee Structures & Investment Minimum
The Part 2 Brochure for Pinnacle Asset Management, L.P. mentions that their Funds generally have both a minimum initial investment requirement and a minimum additional investment requirement. However, the brochure notes that these thresholds may be waived at the discretion of PAGP or the Board of Directors of the applicable Fund. Therefore, it is unclear what the specific investment minimum is for Pinnacle Asset Management, L.P. as it may vary depending on the circumstances.
How This Office Can Help Davidson County, NC Residents
Pinnacle Asset Management offers a variety of financial planning and investment management services to clients in Davidson County, NC. They assist clients in creating and implementing personalized financial plans based on their individual needs and goals. Pinnacle's team of experienced financial advisors also provides ongoing portfolio management and regularly monitors and adjusts investment strategies to ensure clients are on track to meet their objectives. Davidson County, NC residents may face a number of financial challenges throughout their lives. Individuals approaching retirement may be concerned about the sustainability of their income and their ability to afford healthcare expenses. Younger individuals may be looking to save for their children's education, pay off debt, or save for a down payment on a home. Pinnacle Asset Management can help clients navigate these challenges and provide strategies to achieve their financial objectives. Additionally, Pinnacle offers wealth preservation and estate planning services for individuals who are interested in protecting and transferring wealth to future generations.
Services Offered by Pinnacle Asset Management, L.p.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Pinnacle Asset Management, L.p. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Types of Clients
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Pinnacle Asset Management, L.p. is registered to service clients in the following states:
- Colorado
- Florida
- Massachusetts
- Missouri
- New York
Disciplinary History
Pinnacle Asset Management, L.p. does not have any disclosures. Please visit it's Form ADV for more details.