Pine Ridge Advisers LLC (New York)

Pine Ridge Advisers LLC is a large advisory firm based in New York. It manages $863.39 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.

Pine Ridge Advisers provides financial planning services, portfolio management for individuals and small businesses, and family office services.. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pine Ridge Advisers: assets under management

The assets under management (AUM) of Pine Ridge Advisers LLC is $863.39 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $863.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $71.95 million each.

Pine Ridge Advisers has custody of $526.36 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pine Ridge Advisers LLC for their services and products based on a percentage of assets under management 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 Pine Ridge Advisers serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Pine Ridge Advisers is high net worth individuals with 6 clients and $715.8 million of assets under management. Among the 9 most similar advisory firms, Pine Ridge Advisers has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $792.9 million for 6 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.

Pine Ridge Advisers doesn't advise any private funds.

Careers at Pine Ridge Advisers LLC

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Baldassare Fodera	Managing member, chief compliance officer	1 Mar 2018	75% - 100%	5603037

Based in New York

The principal office where Pine Ridge Advisers LLC performs its advisory services is located at 450 Lexington Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Old Brookville, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-273-0458. The normal business hours are 9:00am - 5:00pm on Monday - Friday.