Pinnacle West Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Pinnacle West Asset Management reports 98 clients. They include 46 high-net-worth individuals, 39 individual clients, and 9 corporations and other businesses. Of its assets, 100.0% ($246M across 226 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 40% | 5% |
| High-net-worth individuals | 47% | 83% |
| Pension and profit-sharing plans | 1% | <1% |
| Charitable organizations | 3% | 4% |
| Corporations and other businesses | 9% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 39 | $12.4M | 5.0% | $318K |
| High-net-worth individuals | 46 | $204M | 83.0% | $4.44M |
| Pension and profit-sharing plans | 1 | $346K | 0.1% | $346K |
| Charitable organizations | 3 | $10.9M | 4.4% | $3.62M |
| Corporations and other businesses | 9 | $18.2M | 7.4% | $2.02M |
| Total | 98 | $246M | 100% | $2.51M |
- Clients
- 39
- Regulatory AUM
- $12.4M
- AUM share
- 5.0%
- Avg. per client
- $318K
- Clients
- 46
- Regulatory AUM
- $204M
- AUM share
- 83.0%
- Avg. per client
- $4.44M
- Clients
- 1
- Regulatory AUM
- $346K
- AUM share
- 0.1%
- Avg. per client
- $346K
- Clients
- 3
- Regulatory AUM
- $10.9M
- AUM share
- 4.4%
- Avg. per client
- $3.62M
- Clients
- 9
- Regulatory AUM
- $18.2M
- AUM share
- 7.4%
- Avg. per client
- $2.02M
Total
- Clients
- 98
- Regulatory AUM
- $246M
- AUM share
- 100%
- Avg. per client
- $2.51M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Pinnacle West Asset Management is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Tom Creager owns 50% to 75% of Pinnacle West Asset Management. The leadership team of Pinnacle West Asset Management includes President Tom Creager and Chief Compliance Officer Arin Wesnitzer. It has 3 employees.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of Pinnacle West Asset Management Inc
Tom Creager
Control person · since October 1991
- Owns 25% to 50% of Pinnacle West Asset Management Inc
Roger Wesnitzer
Control person · since October 1991
- Owns 10% to 25% of Pinnacle West Asset Management Inc
Lane Hunsicker
since January 2025
Pinnacle West Asset Management’s regulatory assets grew 1.8× from $134M (March 2021) to $246M (April 2026); clients rose from 90 to 98 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $246M | 98 | 3 | 1 |
| Mar 2025March 2025 | $230M | 101 | 3 | 1 |
| Feb 2024February 2024 | $202M | 99 | 3 | 1 |
| Mar 2023March 2023 | $168M | 100 | 3 | 1 |
| Feb 2022February 2022 | $151M | 90 | 2 | 1 |
| Mar 2021March 2021 | $134M | 90 | 2 | 1 |
Besides its headquarters, Pinnacle West Asset Management has 0 offices, with 1 listed address in 1 state.
Wyoming · 1 listed address
- 152 N. Durbin Street, Suite 400, CasperHQ
Contact and registration details
- Legal name
- Pinnacle West Asset Management Inc
- Headquarters
- 152 N. Durbin Street, Suite 400, Casper, WY 82601
- Website
- Not reported
- Phone
- 307-235-3300
- SEC file
- 801-40271
- Founded
- 1988
- Structure
- Wyoming corporation
- Fiscal year end
- December
Pinnacle West Asset Management’s named custodian for separately managed accounts is Charles Schwab ($230M). Pinnacle West Asset Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $230M100%
At year end, Pinnacle West Asset Management’s separately managed accounts were mostly in stocks (64%) and funds (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $145K across 104 positions; the largest are Apple Inc. (4.0%), Seagate Technology (3.9%) and Nvidia Corp. (3.5%).
What the accounts hold
- Stocks64%
- Funds14%
- Bonds14%
- U.S. government and agency bonds8%
- Investment grade corporate bonds5%
- State and local bonds1%
- Cash8%
How many clients does Pinnacle West Asset Management have?
Pinnacle West Asset Management has 98 clients and manages $246 million for them, as of April 2026. They include 46 high-net-worth individuals, 39 individual clients, and 9 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026
What services does Pinnacle West Asset Management offer?
Pinnacle West 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
Which custodians does Pinnacle West Asset Management use?
Pinnacle West Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $230M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026
How many financial advisors does Pinnacle West Asset Management have?
Pinnacle West Asset Management has 3 investment adviser representatives registered with state securities authorities, out of 3 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 Pinnacle West Asset Management invest in?
At the end of its last fiscal year, Pinnacle West Asset Management’s separately managed accounts held 64% exchange-traded equities, 14% registered funds (mutual funds, ETFs, BDCs), 8% U.S. government and agency bonds, 8% cash and equivalents, 5% investment grade corporate bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pinnacle West Asset Management?
Pinnacle West Asset Management’s direct owners are Tom Creager (50% to 75%), Roger Wesnitzer (25% to 50%) and Lane Hunsicker (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 1 April 2026
How does Pinnacle West Asset Management get paid?
Pinnacle West 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
How do I contact Pinnacle West Asset Management?
Pinnacle West Asset Management’s main office is at 152 N. Durbin Street, Suite 400, Casper, WY 82601. Its phone number is 307-235-3300.