Peterson Partners, Inc. is a large advisory firm based in Salt Lake City. It manages $1.43 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California and Utah.
Peterson Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Peterson Partners, Inc. is $1.43 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 374% since the beginning of its operation, and $361.59 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Peterson Partners, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Peterson Partners is pooled investment vehicles with 15 clients and $1.43 billion of assets under management. Among the 10 most similar advisory firms, Peterson Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.43 billion for 15 clients. 13% of the firm’s clients are foreign persons or businesses.
Peterson Partners also advises several private funds. Namely, three real estate funds, nine private equity funds, and three venture capital funds. The minimum investment commitment required of non-related persons ranges from $0 to $2,000,000.
The company employs 43 people that are either part- or full-time employees. 67 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.
The principal office where Peterson Partners, Inc. performs its advisory services is located at 2755 E. Cottonwood Parkway, Salt Lake City, UT 84121, which is also the mailing address of the firm. An additional office of the firm is in Westlake Village, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 801-417-0748 or by fax 844-270-1746. The normal business hours are 8:30 am - 5pm mst on Monday - Friday. You can find more information about the New York firm at petersonpartners.com.