Pearl Investment Partners, LLC (Washington)


Pearl Investment Partners, LLC is a large advisory firm based in Washington. It manages $116.83 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of District of Columbia and Maryland.

Pearl Investment Partners provides portfolio management for individuals and small businesses 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.

Pearl Investment Partners: assets under management

The assets under management (AUM) of Pearl Investment Partners, LLC is $116.83 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $116.83 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.47 million each.
Pearl Investment Partners has custody of $52.67 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 52% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in state and local bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pearl Investment Partners, LLC for their services and products based on a percentage of assets under management and performance-based 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 Pearl Investment Partners serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Pearl Investment Partners is high net worth individuals with 5 clients and $111.83 million of assets under management. Among the 8 most similar advisory firms, Pearl Investment Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $116.83 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.

Pearl Investment Partners also advises several private funds. Namely, one hedge fund.

Careers at Pearl Investment Partners, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
David Evan Perlin Member and chief compliance officer 1 Mar 2017 75% - 100% 1301100

Based in Washington

The principal office where Pearl Investment Partners, LLC performs its advisory services is located at 5063 Overlook Rd Nw, Washington, DC 20016, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-897-4222 or by fax 202-897-4220. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pearlinv.com/.