Pegasus Partners Ltd. (Mequon)

Name: Pegasus Partners Ltd.
Address: 1501 W. Market St., Mequon, WI, 53092
Telephone: 262-478-9009

Pegasus Partners Ltd. is a large advisory firm based in Mequon. It manages $1.4 billion of regulatory assets for 1,894 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.

Pegasus Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pegasus Partners: assets under management

The assets under management (AUM) of Pegasus Partners Ltd. is $1.4 billion. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.31 billion in discretionary accounts and $89.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $714.9 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.63 million.

Pegasus Partners has custody of $223.81 million in cash and securities for 69 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 30% of the total AUM. The second-largest asset type is investment and business development companies, which make up 29% of the firm’s portfolio. Investments in pooled investment vehicles form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pegasus Partners Ltd. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Todd Matthew Krieg serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Todd Matthew Krieg is high net worth individuals with 243 clients and $1.27 billion of assets under management. Among the 10 most similar advisory firms, Pegasus Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.4 billion for 358 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.

Pegasus Partners doesn't advise any private funds.

Careers at Pegasus Partners Ltd.

The company employs 13 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Todd Matthew Krieg has been acting as President since 1 Apr 2015. John Thomas Kennedy joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Todd Matthew Krieg	Ceo/president	1 Apr 2015	50% - 75%	4342164
Matthew D'attilio	Vice president	1 Apr 2015	Other	2414950
William A Wernecke	Secretary-treasurer, chief compliance officer	1 Apr 2015	Other	5802673
Matthew Dattilio	Vice president	1 Apr 2015	Other	2414950
Matthew Thomas Haas	Cco, director of business operations and wealth advisor	1 May 2015	Other	6090449
Matthew D'attilio	President	1 Jan 2016	Other	2414950
Matthew Thomas Haas	Chief operating officer	1 Jun 2016	Other	6090449
John Thomas Kennedy	Chief compliance officer	1 Mar 2017	Other	4337163

Based in Mequon

The principal office where Pegasus Partners Ltd. performs its advisory services is located at 1501 W. Market St., Mequon, WI 53092, which is also the mailing address of the firm. An additional office of the firm is in Cincinnati, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 262-478-9009 or by fax 262-478-9010. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at pegpartnersltd.com/ and its LinkedIn profile.