Pegasus Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Pegasus Asset Management reports 284 clients. They include 158 individual clients and 126 high-net-worth individuals. Of its assets, 100.0% ($554M across 800 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 9% |
| High-net-worth individuals | 44% | 74% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Other investment advisers | Fewer than 5 | 16% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 158 | $49.7M | 9.0% | $314K |
| High-net-worth individuals | 126 | $412M | 74.5% | $3.27M |
| Pension and profit-sharing plans | Fewer than 5 | $187K | 0.0% | — |
| Other investment advisers | Fewer than 5 | $91.3M | 16.5% | — |
| Total | 284 | $554M | 100% | — |
- Clients
- 158
- Regulatory AUM
- $49.7M
- AUM share
- 9.0%
- Avg. per client
- $314K
- Clients
- 126
- Regulatory AUM
- $412M
- AUM share
- 74.5%
- Avg. per client
- $3.27M
- Clients
- Fewer than 5
- Regulatory AUM
- $187K
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $91.3M
- AUM share
- 16.5%
- Avg. per client
- —
Total
- Clients
- 284
- Regulatory AUM
- $554M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Pegasus Asset Management charges 0.50%–1.25% a year for its Investment advisory services. Each asset band is charged at its own rate. The fee is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.25% |
| $1M–$2M | 1.00% |
| $2M–$3M | 0.75% |
| $3M and above | 0.50% |
Fee details and sources
Rodd Berro owns 50% to 75% of Pegasus Asset Management. The leadership team of Pegasus Asset Management includes President Courtney Barba. It has 5 employees, 3 of them in advisory roles.
Leadership
- Courtney BarbaChief Compliance Officer / Senior Vice President
- Rodd BerroCo-President
- John SebastianoCo-President
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of Pegasus Asset Management Inc
Rodd Berro
Control person · since March 2005
- Owns 50% to 75% of Pegasus Asset Management Inc
John Sebastiano
Control person · since March 2005
Pegasus Asset Management’s regulatory assets grew 1.7× from $322M (March 2021) to $554M (June 2026); clients rose from 217 to 284 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $554M | 284 | 5 | 2 |
| March 2025 | $473M | 268 | 5 | 1 |
| March 2024 | $412M | 253 | 5 | 1 |
| February 2023 | $335M | 245 | 5 | 1 |
| April 2022 | $384M | 234 | 2 | 1 |
| March 2021 | $322M | 217 | 5 | 1 |
Besides its headquarters, Pegasus Asset Management has 1 office (1 private residence, listed without an address), with 1 listed address in New Jersey.
New Jersey · 1 listed address
- 44 Whippany Road, Suite 101, MorristownHQ
Contact and registration details
- Legal name
- Pegasus Asset Management Inc
- Headquarters
- 44 Whippany Road, Suite 101, Morristown, NJ 07960
- Website
- pegasusassetmgt.com
- Phone
- 845-369-9422
- SEC file
- 801-3186
- Founded
- 1962
- Structure
- New York corporation
- Fiscal year end
- December
Pegasus Asset Management uses Charles Schwab ($554M) as custodian for its separately managed accounts. Pegasus Asset Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $554M100%
At year end, Pegasus Asset Management’s separately managed accounts were mostly in stocks (52%) and bonds (27%). Its reported 13F holdings for the quarter ended 30 June 2026 total $351M across 75 positions; the largest are Schwab Strategic TR (9.6%), Apple Inc. (6.8%) and Alphabet Inc. (5.9%).
What the accounts hold
- Stocks52%
- Funds12%
- Bonds27%
- U.S. government and agency bonds20%
- Investment grade corporate bonds4%
- State and local bonds3%
- Cash9%
- Other1%
- Certificates of deposit1%
Reported 13F holdings
- $351M
- Reported 13F value
- 75
- Positions
- 49.2%
- In the 10 largest
- +12.2%
- Value vs. prior quarter
- Schwab Strategic TR · US Brd Mkt ETF9.6%
- Apple Inc.6.8%
- Alphabet Inc. · Cap Stk CL C5.9%
- Nvidia Corporation4.6%
- Parker-hannifin Corp.4.2%
- Goldman Sachs Group Inc.4.0%
- Eaton Corp. PLC3.9%
- Microsoft Corp.3.9%
- JPMORGAN Chase & CO3.2%
- Eli Lilly & CO3.2%
Together, the ten largest are 49.2% of reported value.
How many clients does Pegasus Asset Management have?
Pegasus Asset Management has 284 clients and manages $554 million for them, as of June 2026. They include 158 individual clients and 126 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 June 2026
What services does Pegasus Asset Management offer?
Pegasus Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Pegasus Asset Management charge?
Pegasus Asset Management charges 0.50%–1.25% a year for its Investment advisory services. Each asset band is charged at its own rate. The fee is negotiable.
Source: ADV PART 2A, filed 21 March 2026
Which custodians does Pegasus Asset Management use?
Pegasus Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $554M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 June 2026
How many financial advisors does Pegasus Asset Management have?
Pegasus Asset Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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
What does Pegasus Asset Management invest in?
At the end of its last fiscal year, Pegasus Asset Management’s separately managed accounts held 52% exchange-traded equities, 20% U.S. government and agency bonds, 12% registered funds (mutual funds, ETFs, BDCs), 9% cash and equivalents, 4% investment grade corporate bonds, 3% state and local bonds and 1% other. The 1% other category is described as: Certificates of Deposit.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pegasus Asset Management?
Pegasus Asset Management’s direct owners are Rodd Berro (50% to 75%) and John Sebastiano (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 12 June 2026
How does Pegasus Asset Management get paid?
Pegasus Asset Management 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
Is Pegasus Asset Management registered with the SEC?
Yes, Pegasus Asset Management has been registered with the SEC as an investment adviser since 25 May 1963. Its CRD number is 104766 and its SEC file number is 801-3186.
Source: Form ADV Part 1A, Item 1, filed 12 June 2026; IAPD firm record
How do I contact Pegasus Asset Management?
Pegasus Asset Management’s main office is at 44 Whippany Road, Suite 101, Morristown, NJ 07960. Its phone number is 845-369-9422. Its website is pegasusassetmgt.com.