Pinnacle Associates, Ltd.
SEC-registered
Investment Adviser · Large ($10B–$100B)
CRD 110631
· SEC file 801-20841
· New York, NY
· PINNACLEINSIGHTS.ORG
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ADV data as of Mar 26, 2026
- Regulatory AUM
- $10.4B
- Discretionary
- $10.4B
- Clients
- 2,325
- Avg AUM / client
- $4.5M
- Accounts
- 6,766
- Employees
- 69
AUM over time
$4.6B
$10.4B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 26, 2026
Investments (13F portfolio — 955 positions, $7,781,151,702)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Johnson & Johnson | COM | $403,977,603 | 1,652,666 | 5.19% | 3.89% |
| 2 | Apple Inc | COM | $310,546,564 | 1,223,636 | 3.99% | 2.99% |
| 3 | Nvidia Corporation | COM | $167,219,049 | 958,825 | 2.15% | 1.61% |
| 4 | Microsoft Corp | COM | $158,843,860 | 429,111 | 2.04% | 1.53% |
| 5 | Broadcom Inc | COM | $139,233,779 | 449,852 | 1.79% | 1.34% |
| 6 | State Str Spdr S&P 500 Etf T | TR UNIT | $123,624,582 | 190,092 | 1.59% | 1.19% |
| 7 | Jpmorgan Chase & Co | COM | $121,682,262 | 413,660 | 1.56% | 1.17% |
| 8 | Vanguard Index Fds | SMALL CP ETF | $120,135,642 | 458,673 | 1.54% | 1.16% |
| 9 | Vanguard Index Fds | TOTAL STK MKT | $118,226,957 | 368,526 | 1.52% | 1.14% |
| 10 | Invesco Qqq Tr | UNIT SER 1 | $113,343,500 | 196,375 | 1.46% | 1.09% |
| 11 | Amazon Com Inc | COM | $111,545,555 | 535,581 | 1.43% | 1.07% |
| 12 | Alphabet Inc | CAP STK CL A | $99,893,793 | 347,384 | 1.28% | 0.96% |
| 13 | Alphabet Inc | CAP STK CL C | $98,217,174 | 342,387 | 1.26% | 0.95% |
| 14 | Ishares Tr | CORE S&P500 ETF | $93,356,905 | 142,920 | 1.2% | 0.9% |
| 15 | Meta Platforms Inc | CL A | $92,987,788 | 162,529 | 1.2% | 0.9% |
| 16 | Micron Technology Inc | COM | $88,614,380 | 262,297 | 1.14% | 0.85% |
| 17 | Ishares Tr | MSCI USA QLT FCT | $82,376,701 | 429,470 | 1.06% | 0.79% |
| 18 | Vanguard Whitehall Fds | HIGH DIV YLD | $81,569,631 | 550,774 | 1.05% | 0.79% |
| 19 | Vanguard Intl Equity Index F | ALLWRLD EX US | $79,410,301 | 1,057,394 | 1.02% | 0.76% |
| 20 | Caterpillar Inc | COM | $78,690,340 | 111,072 | 1.01% | 0.76% |
| 21 | Morgan Stanley | COM NEW | $73,969,998 | 449,474 | 0.95% | 0.71% |
| 22 | Coherent Corp | COM | $69,310,866 | 290,965 | 0.89% | 0.67% |
| 23 | Regeneron Pharmaceuticals | COM | $63,751,777 | 82,512 | 0.82% | 0.61% |
| 24 | Lam Research Corp | COM NEW | $61,424,399 | 287,487 | 0.79% | 0.59% |
| 25 | Walmart Inc | COM | $60,165,499 | 484,112 | 0.77% | 0.58% |
Top 25 of 955 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,370 | $2.0B | 19.2% |
| High net worth individuals | 438 | $1.9B | 18.4% |
| Pooled investment vehicles (non-investment companies) | 4 | $186M | 1.79% |
| Pension and profit sharing plans | 29 | $349M | 3.36% |
| Charitable organizations | Fewer than 5 clients | $1.8M | 0.02% |
| State or municipal government entities | Fewer than 5 clients | $240M | 2.31% |
| Other investment advisers | Fewer than 5 clients | $2.3B | 22.5% |
| Corporations and other businesses | 52 | $484M | 4.66% |
| Other | 432 | $2.9B | 27.8% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $150M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Pinnacle Equity Fund, L.P. | Other Private Fund | Delaware | $124M | 99 |
| Pinnacle Opportunity Fund, L.P. | Other Private Fund | Delaware | $15.2M | 48 |
| Pinnacle All Cap Fund, L.P. | Other Private Fund | Delaware | $9.0M | 4 |
| Pinnacle International Small Cap Partners, L.P. | Other Private Fund | Delaware | $2.4M | 17 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Staff Retirement Plan Of The Washington Education Association Washington Education Association | 2024 | |
| I.U.O.E. Annuity Fund Local 137,137 A,137 B,137 C, And 137 R Board Of Trustees I.U.O.E. Annuity Local 137 137 A 137 B 137 C 137 R | 2024 | |
| Pension Plan Of The Iuoe Local 137 137 A 137 B 137 C 137 R, Afl Cio Bd Of Trustees Pension Plan Of The Iuoe 137 137 A 137 B 137 C 137 R Aflcio | 2024 | |
| International Brotherhood Of Electrical Workers Local Union 98 Pension Plan Board Of Trustees International Brotherh Electrical Workers Pension Pl | 2024 | |
| Meba Pension Trust Defined Benefit Plan Board Of Trustees, Meba Pension Trust Defined Benefit Plan | 2024 |
People (40)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| John Thomas Passios | Executive Vice President | Jun 1986 (40y) | 10% – 25% | |
| Peter Nathan Marron | Executive Vice President | CFA | Jan 1993 (34y) | Less than 5% |
| Heyman, Joel, Michael | Senior Vice President/Director Of Operations | Apr 1995 (31y) | Less than 5% | |
| Kimon Passios | Executive Vice President | May 1996 (30y) | 10% – 25% | |
| King Hanford Harris | Senior Vice President | Jun 1998 (28y) | Less than 5% | |
| James F Ferrare | Executive Vice President | CFA | Feb 1999 (28y) | 10% – 25% |
| Root, Susan, Leondis | Senior Account Administrator | Mar 1999 (27y) | 10% – 25% | |
| Timothy Joseph Piacentini | Senior Portfolio Manager | CFA | Sep 2002 (24y) | Less than 5% |
| Harold Ward Stein | Senior Portfolio Manager | Feb 2003 (24y) | Less than 5% | |
| Michael Francis Delfino | Director Of Taft Hartley Services | Jan 2005 (22y) | Less than 5% | |
| Donald Maurer Dowd | Vice President | Oct 2006 (20y) | Less than 5% | |
| Eric Noel Freedgood | Vice President | CFA | Nov 2006 (20y) | Less than 5% |
| Brown, Scott, Michael | President | Feb 2015 (12y) | Less than 5% | |
| Shea, Joseph, William | Chief Compliance Officer | Apr 2018 (8y) | Less than 5% | |
| Lagermasini, Paul, Joseph | Chief Financial Officer | Nov 2018 (8y) | Less than 5% | |
| Passios, Andronike | Trustee | Jul 2021 (5y) | GP / trustee / elected manager of The Article Iv Non Exempt Marital Trust Ua Thomas Passios Rev Tr Dtd 11 21 17 (indirect) | |
| Patrice Borgese | Trustee | Mar 2023 (3y) | GP / trustee / elected manager of Andronike L. Passios 2020 Trust (indirect) | |
| Carmine Nmn D'avino | Registered representative | CFP | Jun 2002 (24y) | |
| Ryan Ashley Fause | Registered representative | Oct 2002 (24y) | ||
| Alice Athanasiou Gabriele | Registered representative | Feb 2007 (19y) | ||
| Monica Judith Jalife | Registered representative | CFP CFA | Dec 2012 (14y) | |
| Jonathan Don Mark | Registered representative | Jan 2014 (13y) | ||
| Thomas William Farrell | Registered representative | CFP | Feb 2017 (9y) | |
| Richard Alan Rosen | Registered representative | CFA | Jul 2018 (8y) | |
| Austin Hagaman | Registered representative | CFP CFA | Aug 2018 (8y) | |
| George Jennings Mcvey | Registered representative | May 2023 (3y) | ||
| John Holmes Bocock | Registered representative | May 2023 (3y) | ||
| Joseph Cornelius Godsey | Registered representative | May 2023 (3y) | ||
| Reginald George Pickral | Registered representative | May 2023 (3y) | ||
| Thomas Friedich Neuhaus | Registered representative | May 2023 (3y) | ||
| William Ernest Sizemore | Registered representative | May 2023 (3y) | ||
| Ann Goldschmidt Schnorrenberg | Registered representative | CFP | Apr 2024 (2y) | |
| Mark Nicholas Lucci | Registered representative | CFP | Apr 2024 (2y) | |
| Max J Schaul | Registered representative | CFA | Apr 2024 (2y) | |
| Ryan James Byrne | Registered representative | Jun 2024 (2y) | ||
| Alexander Smit | Registered representative | CFP | Jul 2024 (2y) | |
| Amy L Pastorino | Registered representative | CFP | Sep 2024 (2y) | |
| Jack Joseph Casey | Registered representative | Jul 2025 (1y) | ||
| Christopher Cochran | Registered representative | CFP | Oct 2025 (1y) | |
| Edgar Nmn Perez | Registered representative | Dec 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Article Iv Non Exempt Marital Trust Ua Thomas Passios Rev Tr Dtd 11 21 17 | Owner | Jul 2021 | A | 5% – 10% |
| The Article Iv Gst Exempt Marital Trust Ua Thomas Passios Rev Tr Dtd 11 21 17 | Owner | Jul 2021 | A | 5% – 10% |
| Andronike L. Passios 2020 Trust | Owner | Mar 2023 | A | Less than 5% |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
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.
Private funds (4, $150M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Pinnacle Equity Fund, L.P. | Other Private Fund | $124M | $100K | 99 |
| Pinnacle Opportunity Fund, L.P. | Other Private Fund | $15.2M | $100K | 48 |
| Pinnacle All Cap Fund, L.P. | Other Private Fund | $9.0M | $100K | 4 |
| Pinnacle International Small Cap Partners, L.P. | Other Private Fund | $2.4M | $100K | 17 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (5)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Staff Retirement Plan Of The Washington Education Association | Washington Education Association | 188 | $191M | 09/01/2024 |
| I.U.O.E. Annuity Fund Local 137,137 A,137 B,137 C, And 137 R | Board Of Trustees I.U.O.E. Annuity Local 137 137 A 137 B 137 C 137 R | 717 | $253M | 01/01/2024 |
| Pension Plan Of The Iuoe Local 137 137 A 137 B 137 C 137 R, Afl Cio | Bd Of Trustees Pension Plan Of The Iuoe 137 137 A 137 B 137 C 137 R Aflcio | 608 | $272M | 01/01/2024 |
| International Brotherhood Of Electrical Workers Local Union 98 Pension Plan | Board Of Trustees International Brotherh Electrical Workers Pension Pl | 2,508 | $624M | 01/01/2024 |
| Meba Pension Trust Defined Benefit Plan | Board Of Trustees, Meba Pension Trust Defined Benefit Plan | 2,436 | $928M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 1.82 MB | 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
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Charles Schwab & Co. $6.3B (61% of AUM) Mar 2026
- Fmr Llc $2.1B (20% of AUM) Mar 2026
- BNY Mellon $1.0B (10% of AUM) Mar 2025
- Northern Trust $955M (15% of AUM) Jun 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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 26, 2026.
View current Form ADV (SEC/IAPD) ↗