Partners Capital Services provides portfolio management for individuals and small businesses and selecting other managers.
Partners Capital Services reports 238 clients. They include 118 high-net-worth individuals, 92 individual clients and 19 other clients. Of its assets, 23.8% ($26M across 27 accounts) are managed with discretion; $83.1M across 211 accounts are not. A wrap fee program the firm both sponsors and manages holds $83.1M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 39% | 15% |
| High-net-worth individuals | 50% | 45% |
| Pension and profit-sharing plans | 2% | 2% |
| Corporations and other businesses | 2% | 19% |
| Other | 8% | 20% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 92 | $15.8M | 14.5% | $172K |
| High-net-worth individuals | 118 | $49M | 44.9% | $415K |
| Pension and profit-sharing plans | 4 | $2.36M | 2.2% | $589K |
| Corporations and other businesses | 5 | $20.3M | 18.6% | $4.06M |
| Other | 19 | $21.6M | 19.8% | $1.14M |
| Total | 238 | $109M | 100% | $458K |
- Clients
- 92
- Regulatory AUM
- $15.8M
- AUM share
- 14.5%
- Avg. per client
- $172K
- Clients
- 118
- Regulatory AUM
- $49M
- AUM share
- 44.9%
- Avg. per client
- $415K
- Clients
- 4
- Regulatory AUM
- $2.36M
- AUM share
- 2.2%
- Avg. per client
- $589K
- Clients
- 5
- Regulatory AUM
- $20.3M
- AUM share
- 18.6%
- Avg. per client
- $4.06M
- Clients
- 19
- Regulatory AUM
- $21.6M
- AUM share
- 19.8%
- Avg. per client
- $1.14M
Total
- Clients
- 238
- Regulatory AUM
- $109M
- AUM share
- 100%
- Avg. per client
- $458K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Partners Capital Services is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Edward Cahill owns 25% to 50% of Partners Capital Services. The leadership team of Partners Capital Services includes President Edward Cahill and Chief Compliance Officer Steven Schneider. It has 18 employees, 12 of them in advisory roles.
Staff
- 18 employees
- 12 in advisory functions
- 18 state-registered reps
- 18 broker-dealer reps
- 5 insurance agents
- Owns 25% to 50% of Partners Capital Services, Inc.
Edward Cahill
Control person · since June 2003
- Owns 25% to 50% of Partners Capital Services, Inc.
Anthony Gardini
Control person · since March 2016
- Owns 10% to 25% of Partners Capital Services, Inc.
John Gardini
Control person · since February 2006
Partners Capital Services’ regulatory assets went from $114M (March 2021) to $109M (February 2026); clients rose from 219 to 238 and employees from 17 to 18.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $109M | 238 | 18 | 2 |
| Mar 2025March 2025 | $94.1M | 215 | 18 | 2 |
| Mar 2024March 2024 | $139M | 296 | 18 | 2 |
| Jun 2023June 2023 | $114M | 298 | 20 | 2 |
| Mar 2022March 2022 | $154M | 307 | 17 | 3 |
| Mar 2021March 2021 | $114M | 219 | 17 | 3 |
Besides its headquarters, Partners Capital Services has 1 office, with 2 listed addresses across 2 states.
Georgia · 1 listed address
- 6000 Lake Forrest Drive NW, Atlanta
New York · 1 listed address
- 205 Oser Ave, HauppaugeHQ
Contact and registration details
- Legal name
- Partners Capital Services, Inc.
- Headquarters
- 205 Oser Ave, Hauppauge, NY 11788
- Website
- partcapservices.com
- Phone
- 631-851-0918
- SEC file
- 801-79450
- Structure
- New York corporation
- Fiscal year end
- December
Partners Capital Services’ named custodian for separately managed accounts is RBC Capital Markets ($109M). Partners Capital Services does not have custody of client assets.
- RBC Capital MarketsRBC Capital Markets, LLC · Minneapolis, MN · $109M100%
At year end, Partners Capital Services’ separately managed accounts were largely in stocks (45%) and funds (25%).
What the accounts hold
- Stocks45%
- Funds25%
- Bonds22%
- State and local bonds11%
- U.S. government and agency bonds10%
- Investment grade corporate bonds1%
- Cash8%
- Other1%
- Derivatives1%
How many clients does Partners Capital Services have?
Partners Capital Services has 238 clients and manages $109 million for them, as of February 2026. They include 118 high-net-worth individuals, 92 individual clients and 19 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026
What services does Partners Capital Services offer?
Partners Capital Services provides portfolio management for individuals and small businesses and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Partners Capital Services use?
Partners Capital Services’ separately managed account assets are held at RBC Capital Markets, LLC (Minneapolis, MN), with $109M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 February 2026
How many financial advisors does Partners Capital Services have?
Partners Capital Services has 18 investment adviser representatives registered with state securities authorities, out of 18 employees, and 12 perform investment advisory functions. 18 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Partners Capital Services invest in?
At the end of its last fiscal year, Partners Capital Services’ separately managed accounts held 45% exchange-traded equities, 25% registered funds (mutual funds, ETFs, BDCs), 11% state and local bonds, 10% U.S. government and agency bonds, 8% cash and equivalents, 1% investment grade corporate bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Partners Capital Services?
Partners Capital Services’ direct owners are Edward Cahill, John Gardini and Anthony Gardini, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 February 2026
How does Partners Capital Services get paid?
Partners Capital Services is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Partners Capital Services?
Partners Capital Services’ main office is at 205 Oser Ave, Hauppauge, NY 11788. Its phone number is 631-851-0918. Its website is partcapservices.com.