Pear Tree Advisors provides portfolio management for investment companies and selecting other managers.
Pear Tree Advisors reports 1 investment company. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($2.58B across 1 account) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Investment companies | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 1 | $2.58B | 100.0% | $2.58B |
| Total | 1 | $2.58B | 100% | $2.58B |
- Clients
- 1
- Regulatory AUM
- $2.58B
- AUM share
- 100.0%
- Avg. per client
- $2.58B
Total
- Clients
- 1
- Regulatory AUM
- $2.58B
- AUM share
- 100%
- Avg. per client
- $2.58B
- 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
Pear Tree Advisors is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Willard Umphrey owns 50% to 75% of Pear Tree Advisors. The leadership team of Pear Tree Advisors includes President Marc Griffin and Chief Compliance Officer Deborah Kessinger. It has 12 employees, 1 of them in advisory roles.
Staff
- 12 employees
- 1 in advisory functions
- 3 state-registered reps
- 8 broker-dealer reps
- Owns 50% to 75% of Pear Tree Advisors, Inc.
Willard Umphrey
Control person · since May 1983
- Owns 50% to 75% of Pear Tree Advisors, Inc.
Leon Okurowski
Control person · since May 1983
- Owns 50% to 75% of Pear Tree Advisors, Inc.
Anne Umphrey
since July 2000
- Owns 50% to 75% of Pear Tree Advisors, Inc.
Lawrie Okurowski
since July 2000
- Owns 50% to 75% of Pear Tree Advisors, Inc.
Leon Okurowski Trust U/A DTD 5/14/2014 Leon Okurowski Trustee
Control person · since April 2019
Pear Tree Advisors’ regulatory assets fell from $3.9B (April 2021) to $2.58B (September 2026); clients were 1 in both filings and employees were 12 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $2.58B | 1 | 12 | 1 |
| Sep 2025September 2025 | $3.09B | 1 | 13 | 1 |
| Mar 2025March 2025 | $4.52B | 1 | 12 | 1 |
| Aug 2023August 2023 | $4.75B | 1 | 10 | 1 |
| Sep 2021September 2021 | $5.82B | 1 | 12 | 1 |
| Apr 2021April 2021 | $3.9B | 1 | 12 | 1 |
Besides its headquarters, Pear Tree Advisors has 0 offices, with 1 listed address in 1 state.
Massachusetts · 1 listed address
- 55 Old Bedford Road, Suite 202, LincolnHQ
Contact and registration details
- Legal name
- Pear Tree Advisors, Inc.
- Headquarters
- 55 Old Bedford Road, Suite 202, Lincoln, MA 01773-1124
- Website
- Not reported
- Phone
- 781-259-1144
- SEC file
- 801-19222
- Structure
- Delaware corporation
- Fiscal year end
- June
Pear Tree Advisors does not have custody of client assets.
How many clients does Pear Tree Advisors have?
Pear Tree Advisors has 1 client and manages $2.58 billion for them, as of September 2026. They include 1 investment company.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Pear Tree Advisors offer?
Pear Tree Advisors provides portfolio management for investment companies and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Pear Tree Advisors have?
Pear Tree Advisors has 3 investment adviser representatives registered with state securities authorities, out of 12 employees, and 1 perform investment advisory functions. 8 employees are registered representatives of a broker-dealer and 0 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
Who owns Pear Tree Advisors?
Pear Tree Advisors’ direct owners are Willard Umphrey (50% to 75%), Leon Okurowski (50% to 75%), Anne Umphrey (50% to 75%), Lawrie Okurowski (50% to 75%) and Leon Okurowski Trust U/A DTD 5/14/2014 Leon Okurowski Trustee (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Pear Tree Advisors get paid?
Pear Tree Advisors 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 Pear Tree Advisors?
Pear Tree Advisors’ main office is at 55 Old Bedford Road, Suite 202, Lincoln, MA 01773-1124. Its phone number is 781-259-1144.