{"url":"https://nivawealth.com/firms/pine-ridge-advisers-296362","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/296362","regulatoryAum":14416008054,"crd":"296362","secFileNumber":"801-113396","legalName":"Pine Ridge Advisers LLC","displayName":"Pine Ridge Advisers","website":"https://pineridgeadvisers.com/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"450 Lexington Avenue, 38th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10017"},"tradeNames":[],"registration":{"secApproved":"7 June 2018","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":14,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":14416008054,"discretionaryAccounts":44,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":22,"regulatoryAum":5188305563},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":83919190},{"label":"Charitable organizations","clients":3,"regulatoryAum":274762493},{"label":"Corporations and other businesses","clients":18,"regulatoryAum":8869020808}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Bank of America Corporation","shortName":"Bank of America","location":"New York, NY","smaAssets":2753167221}],"custodyNote":"Pine Ridge Advisers has custody of $11.90B for 44 clients.","otherCustodians":[],"leadership":[{"name":"Baldassare Fodera","title":"Managing Member, Chief Compliance Officer","crd":"5603037"}],"ownership":[{"label":"Baldassare Fodera","detail":"Managing member, chief compliance officer in the 75% or more ownership band and a control person, since March 2018."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"450 Lexington Avenue, 38th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-273-0463","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":24},{"label":"U.S. state and local bonds","percent":2},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":19},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":50,"detail":"Direct Investments and Other Assets"}],"privateFunds":1},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/296362/PDF/296362.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Pine Ridge Advisers have?","answer":"Pine Ridge Advisers has 44 clients and manages $14.4 billion for them, as of March 2026. They include 22 high-net-worth individuals, 18 corporations and other businesses and 3 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Pine Ridge Advisers offer?","answer":"Pine Ridge Advisers provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Pine Ridge Advisers use?","answer":"Pine Ridge Advisers’ separately managed account assets are held at Bank of America Corporation (New York, NY), with $2,753,167,221. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Pine Ridge Advisers have?","answer":"Pine Ridge Advisers has 0 investment adviser representatives registered with state securities authorities, out of 14 employees, and 4 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":"What does Pine Ridge Advisers invest in?","answer":"At the end of its last fiscal year, Pine Ridge Advisers’ separately managed accounts held 50% direct investments and other assets, 24% exchange-traded equities, 19% pooled vehicles (private funds and similar), 5% cash and equivalents and 2% state and local bonds. It advises 1 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Pine Ridge Advisers?","answer":"Pine Ridge Advisers’ direct owner is Baldassare Fodera (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Pine Ridge Advisers get paid?","answer":"Pine Ridge Advisers is paid through a percentage of assets under management, fixed fees and other arrangements. 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/pine-ridge-advisers-296362/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1845915/000142050626001730/0001420506-26-001730-index.html","totalValue":1657375081,"positionCount":42,"top10Share":0.7655526015477724,"top10":[{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":612108772,"shares":819675,"shareType":"SH","priorValue":533283976,"priorShares":820008},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":103985615,"shares":141208,"shareType":"SH","priorValue":82423070,"priorShares":142803},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":101139372,"shares":135052,"shareType":"SH","priorValue":88209142,"priorShares":135039},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"MID CAP ETF","cusip":"922908629","value":98656999,"shares":1224488,"shareType":"SH","priorValue":87912116,"priorShares":306122},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P MCP ETF","cusip":"464287507","value":81104298,"shares":1051800,"shareType":"SH","priorValue":73496276,"priorShares":1088350},{"issuer":"ISHARES BITCOIN TRUST ETF","titleOfClass":"SHS BEN INT","cusip":"46438F101","value":74697014,"shares":2243827,"shareType":"SH","priorValue":86207847,"priorShares":2243827},{"issuer":"VANGUARD TAX-MANAGED FDS","titleOfClass":"VAN FTSE DEV MKT","cusip":"921943858","value":66775542,"shares":937201,"shareType":"SH","priorValue":63071739,"priorShares":984266},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P SCP ETF","cusip":"464287804","value":50704371,"shares":341881,"shareType":"SH","priorValue":42796950,"priorShares":344276},{"issuer":"FIDELITY WISE ORIGIN BITCOIN","titleOfClass":"SHS","cusip":"315948109","value":42594435,"shares":834367,"shareType":"SH","priorValue":49252684,"priorShares":834367},{"issuer":"VANECK ETF TRUST","titleOfClass":"SEMICONDUCTR ETF","cusip":"92189F676","value":37041387,"shares":56475,"shareType":"SH","priorValue":26161299,"priorShares":68235}],"positionsListed":42,"positions":[{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":612108772,"shares":819675,"shareType":"SH","priorValue":533283976,"priorShares":820008},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":103985615,"shares":141208,"shareType":"SH","priorValue":82423070,"priorShares":142803},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":101139372,"shares":135052,"shareType":"SH","priorValue":88209142,"priorShares":135039},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"MID CAP ETF","cusip":"922908629","value":98656999,"shares":1224488,"shareType":"SH","priorValue":87912116,"priorShares":306122},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P MCP ETF","cusip":"464287507","value":81104298,"shares":1051800,"shareType":"SH","priorValue":73496276,"priorShares":1088350},{"issuer":"ISHARES BITCOIN TRUST ETF","titleOfClass":"SHS BEN INT","cusip":"46438F101","value":74697014,"shares":2243827,"shareType":"SH","priorValue":86207847,"priorShares":2243827},{"issuer":"VANGUARD TAX-MANAGED FDS","titleOfClass":"VAN FTSE DEV MKT","cusip":"921943858","value":66775542,"shares":937201,"shareType":"SH","priorValue":63071739,"priorShares":984266},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P SCP ETF","cusip":"464287804","value":50704371,"shares":341881,"shareType":"SH","priorValue":42796950,"priorShares":344276},{"issuer":"FIDELITY WISE ORIGIN BITCOIN","titleOfClass":"SHS","cusip":"315948109","value":42594435,"shares":834367,"shareType":"SH","priorValue":49252684,"priorShares":834367},{"issuer":"VANECK ETF TRUST","titleOfClass":"SEMICONDUCTR ETF","cusip":"92189F676","value":37041387,"shares":56475,"shareType":"SH","priorValue":26161299,"priorShares":68235},{"issuer":"TESLA INC","titleOfClass":"COM","cusip":"88160R101","value":33648000,"shares":80000,"shareType":"SH","putCall":"Call"},{"issuer":"ATLAS ENERGY SOLUTIONS INC","titleOfClass":"COM NEW","cusip":"642045108","value":30629438,"shares":1844036,"shareType":"SH","priorValue":24193752,"priorShares":1844036},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK MKT","cusip":"922908769","value":29312247,"shares":79214,"shareType":"SH","priorValue":25478537,"priorShares":79419},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI EAFE","cusip":"46432F842","value":26646615,"shares":275902,"shareType":"SH","priorValue":24977408,"priorShares":275902},{"issuer":"SPDR GOLD TR","titleOfClass":"GOLD SHS","cusip":"78463V107","value":26237866,"shares":71225,"shareType":"SH","priorValue":30647405,"priorShares":71225},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":24849699,"shares":70330,"shareType":"SH","priorValue":18112340,"priorShares":63140},{"issuer":"INVESCO EXCHANGE TRADED FD T","titleOfClass":"S&P500 EQL WGT","cusip":"46137V357","value":16405483,"shares":77104,"shareType":"SH","priorValue":14525729,"priorShares":75686},{"issuer":"TESLA INC","titleOfClass":"COM","cusip":"88160R101","value":16239366,"shares":38610,"shareType":"SH","priorValue":3684043,"priorShares":9910},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":16007200,"shares":80000,"shareType":"SH","priorValue":6976000,"priorShares":40000},{"issuer":"ASML HLDG NV","titleOfClass":"N Y REGISTRY SHS","cusip":"N07059210","value":15925467,"shares":8005,"shareType":"SH","priorValue":5950339,"priorShares":4505},{"issuer":"BLUE OWL TECHNOLOGY FIN CORP","titleOfClass":"COMMON STOCK","cusip":"095924106","value":15877956,"shares":1534102,"shareType":"SH","priorValue":12671649,"priorShares":1022732},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":15288289,"shares":42780,"shareType":"SH","priorValue":12301817,"priorShares":42780},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"FTSE EMR MKT ETF","cusip":"922042858","value":13195490,"shares":221067,"shareType":"SH","priorValue":12651862,"priorShares":234077},{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":12814500,"shares":75000,"shareType":"SH"},{"issuer":"BITWISE BITCOIN ETF TR","titleOfClass":"SHS BEN INT","cusip":"09174C104","value":10715315,"shares":336325,"shareType":"SH","priorValue":12380123,"priorShares":336325},{"issuer":"ROIVANT SCIENCES LTD","titleOfClass":"SHS","cusip":"G76279101","value":9786397,"shares":276530,"shareType":"SH","priorValue":7659881,"priorShares":276530},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":9029479,"shares":31205,"shareType":"SH","priorValue":7919517,"priorShares":31205},{"issuer":"STUBHUB HLDGS INC","titleOfClass":"CL A","cusip":"86384P109","value":8492141,"shares":659840,"shareType":"SH","priorValue":4117402,"priorShares":659840},{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 2000 ETF","cusip":"464287655","value":7818310,"shares":26022,"shareType":"SH","priorValue":6453456,"priorShares":26022},{"issuer":"CHARLES RIV LABS INTL INC","titleOfClass":"COM","cusip":"159864107","value":7710860,"shares":34000,"shareType":"SH"},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":7574445,"shares":31780,"shareType":"SH","priorValue":6618821,"priorShares":31780},{"issuer":"JPMORGAN CHASE & CO","titleOfClass":"COM","cusip":"46625H100","value":7037595,"shares":21500,"shareType":"SH","priorValue":6324440,"priorShares":21500},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":5765273,"shares":10235,"shareType":"SH","priorValue":5855751,"priorShares":10235},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":5166327,"shares":13850,"shareType":"SH","priorValue":5126855,"priorShares":13850},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"REAL ESTATE ETF","cusip":"922908553","value":5075993,"shares":52639,"shareType":"SH","priorValue":4628793,"priorShares":52185},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL A","cusip":"084670108","value":3744250,"shares":5,"shareType":"SH","priorValue":3590700,"priorShares":5},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":3485561,"shares":5075,"shareType":"SH","priorValue":3032566,"priorShares":5075},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":2401080,"shares":120000,"shareType":"SH","putCall":"Call","priorValue":1046400,"priorShares":60000},{"issuer":"VANGUARD STAR FDS","titleOfClass":"VG TL INTL STK F","cusip":"921909768","value":621598,"shares":7271,"shareType":"SH","priorValue":560667,"priorShares":7271},{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 3000 ETF","cusip":"464287689","value":461791,"shares":1083,"shareType":"SH","priorValue":401446,"priorShares":1083},{"issuer":"ISHARES TR","titleOfClass":"CORE US AGGBD ET","cusip":"464287226","value":400644,"shares":4048,"shareType":"SH","priorValue":351731,"priorShares":3543},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"GROWTH ETF","cusip":"922908736","value":202601,"shares":2352,"shareType":"SH"}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth 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."}