Pinnacle Peak Private Client Group, LLC (Scottsdale)

Name: Pinnacle Peak Private Client Group, LLC
Address: 18867 N. Thompson Peak Parkway, Scottsdale, AZ, 85255
Telephone: 480-771-4301

Pinnacle Peak Private Client Group, LLC is a large advisory firm based in Scottsdale. It manages $121.84 million of regulatory assets for 636 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Florida, and 6 other states.

Pinnacle Peak Private Client Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pinnacle Peak Private Client Group: assets under management

The assets under management (AUM) of Pinnacle Peak Private Client Group, LLC is $121.84 million. The firm's AUM has grown by 217% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.11 million in discretionary accounts and $2.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $190.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $273.16 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pinnacle Peak Private Client Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pinnacle Peak Private Client Group serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Pinnacle Peak Private Client Group is individuals with 589 clients and $72.91 million of assets under management. Among the 9 most similar advisory firms, Pinnacle Peak Private Client Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $121.84 million for 626 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Pinnacle Peak Private Client Group doesn't advise any private funds.

Careers at Pinnacle Peak Private Client Group, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Patrick Jack	Managing member and chief compliance officer	1 Jan 2016	75% - 100%	2569773
Teresa Flores	Managing member	1 Jan 2016	Other	2686520
Matthew Joseph Figueroa	Managing director	1 Mar 2017	Other	3121253

Based in Scottsdale

The principal office where Pinnacle Peak Private Client Group, LLC performs its advisory services is located at 18867 N. Thompson Peak Parkway, Scottsdale, AZ 85255, which is also the mailing address of the firm. An additional office of the firm is in Roswell, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-771-4301 or by fax 480-771-4305. The normal business hours are 8:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at pinpeakpcg.com.