{"url":"https://nivawealth.com/firms/phoenix-capital-realty-advisors-161129","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/161129","regulatoryAum":155769839,"crd":"161129","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1080374","suffix":null,"lastName":"MASTOR","firstName":"STEPHEN","middleName":"JAMES"},{"crd":"2230630","suffix":null,"lastName":"SCOTT","firstName":"ANDREW","middleName":"FRASER"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-04-30","regulatoryAum":1214588810,"clients":6,"employees":19,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":403713980,"clients":11,"employees":17,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":269059288,"clients":4,"employees":16,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":233404197,"clients":4,"employees":17,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":168370777,"clients":2,"employees":17,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":155769839,"clients":1,"employees":19,"offices":1}],"secFileNumber":"801-74334","legalName":"Phoenix Capital Realty Advisors, LLC","displayName":"Phoenix Capital Realty Advisors","slug":"phoenix-capital-realty-advisors-161129","website":null,"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/phoenix-capital-partners-ltd./","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":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":19,"advisory":16,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":155769839,"discretionary":155769839,"discretionaryAccounts":1,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":155769839}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Phoenix Capital 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","crd":"1080374"},{"name":"Andrew Scott","title":"Managing Director of Acquisitions","crd":"2230630"}],"ownership":[{"label":"Sea Pines Capital Management, LLC","detail":"Member in the 50% to 75% ownership band and a control person, since January 2012."},{"label":"BT Advisors, LLC","detail":"Member in the 50% to 75% ownership band and a control person, since January 2012."},{"label":"Stephen Mastor","detail":"Indirect owner: a managing member of Sea Pines Capital Management, LLC in the 75% or more band and a control person, since July 2011.","parent":"Sea Pines Capital Management, LLC"},{"label":"Bruce Williams","detail":"Indirect owner: a managing member of BT Advisors, LLC in the 75% or more band and a control person, since January 2012.","parent":"BT Advisors, LLC"}],"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/161129/PDF/161129.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 Phoenix Capital Realty Advisors have?","answer":"Phoenix Capital Realty Advisors has 1 client and manages $156 million for them, as of March 2026. They include 1 pooled investment vehicle.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Phoenix Capital Realty Advisors offer?","answer":"Phoenix Capital 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 Phoenix Capital Realty Advisors have?","answer":"Phoenix Capital 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 Phoenix Capital Realty Advisors?","answer":"Phoenix Capital Realty Advisors is owned through holding companies by Stephen Mastor and Bruce Williams. Its direct owners are Sea Pines Capital Management, LLC (50% to 75%) and BT Advisors, LLC (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Phoenix Capital Realty Advisors get paid?","answer":"Phoenix Capital 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 Phoenix Capital Realty Advisors?","answer":"Phoenix Capital 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."}