{"url":"https://nivawealth.com/firms/pcim-realty-advisors-313281","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/313281","regulatoryAum":1224267519,"crd":"313281","history":[{"filedOn":"2022-04-30","regulatoryAum":566725291,"clients":3,"employees":17,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":709797736,"clients":3,"employees":16,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":697788039,"clients":3,"employees":17,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":693408481,"clients":3,"employees":17,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":1224267519,"clients":4,"employees":19,"offices":1}],"secFileNumber":"801-124827","legalName":"Pcim Realty Advisors, LLC","displayName":"Pcim Realty Advisors","slug":"pcim-realty-advisors-313281","website":null,"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"15725 North Dallas Parkway, Suite 230","city":"Addison","state":"TX","stateName":"Texas","country":"United States","postalCode":"75001"},"tradeNames":["Phoenix Capital Management, LLC"],"registration":{"secApproved":"2 May 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":19,"advisory":16,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1224267519,"discretionary":1224267519,"discretionaryAccounts":4,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":4,"regulatoryAum":1224267519}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Pcim Realty Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Richard Lyon","title":"Chief Financial Officer","crd":"6283176"},{"name":"Ethan Beasley","title":"Chief Compliance Officer","crd":"8241254"},{"name":"Stephen Mastor","title":"Managing Partner & Chief Investment Officer","crd":"1080374"},{"name":"Andrew Scott","title":"Senior Managing Director of Acquisitions & Partner","crd":"2230630"}],"ownership":[{"label":"Stephen Mastor","detail":"Managing partner & chief investment officer in the 75% or more ownership band and a control person, since January 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"15725 North Dallas Parkway, Suite 230","city":"Addison","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"972-866-7577","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/313281/PDF/313281.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Pcim Realty Advisors have?","answer":"Pcim Realty Advisors has 4 clients and manages $1.22 billion for them, as of March 2026. They include 4 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Pcim Realty Advisors offer?","answer":"Pcim Realty Advisors provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Pcim Realty Advisors have?","answer":"Pcim Realty Advisors has 2 investment adviser representatives registered with state securities authorities, out of 19 employees, and 16 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Pcim Realty Advisors?","answer":"Pcim Realty Advisors’ direct owner is Stephen Mastor (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Pcim Realty Advisors get paid?","answer":"Pcim Realty Advisors is paid through a percentage of assets under management, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Pcim Realty Advisors?","answer":"Pcim Realty Advisors’ main office is at 15725 North Dallas Parkway, Suite 230, Addison, TX 75001. Its phone number is 972-866-7577.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}