Pinnacle Portfolio Advisors, LLC (Boise)

Name: Pinnacle Portfolio Advisors, LLC
Address: 1525 S. David Lane, Boise, ID, 83705
Telephone: 208-813-3181

Pinnacle Portfolio Advisors, LLC is a large advisory firm based in Boise. It manages $143.09 million of regulatory assets for 62 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California and Idaho.

Pinnacle Portfolio Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Pinnacle Portfolio Advisors: assets under management

The assets under management (AUM) of Pinnacle Portfolio Advisors, LLC is $143.09 million, all of which is managed in discretionary accounts. 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 $143.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.31 million each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in investment and business development companies form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pinnacle Portfolio Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pinnacle Portfolio Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Pinnacle Portfolio Advisors is high net worth individuals with 18 clients and $138.24 million of assets under management. Among the 10 most similar advisory firms, Pinnacle Portfolio Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $143.09 million for 33 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 Portfolio Advisors doesn't advise any private funds.

Careers at Pinnacle Portfolio Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Bert Wayne Ellis	Managing member & cco	1 Jan 2017	75% - 100%	5600303

Based in Boise

The principal office where Pinnacle Portfolio Advisors, LLC performs its advisory services is located at 1525 S. David Lane, Boise, ID 83705, 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 208-813-3181. The normal business hours are 8-4 on Monday - Friday. You can find more information about the New York firm at pinnacleportfolio.com/ and its LinkedIn profile.