Piton Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Piton Investment Management reports 22 clients. They include 11 other investment advisers, 5 high-net-worth individuals and 2 individual clients. Of its assets, 100.0% ($928M across 177 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 9% | <1% |
| High-net-worth individuals | 23% | 1% |
| Investment companies | 9% | 24% |
| Other investment advisers | 50% | 68% |
| Corporations and other businesses | 9% | 6% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | $1.77M | 0.2% | $886K |
| High-net-worth individuals | 5 | $12.4M | 1.3% | $2.48M |
| Investment companies | 2 | $227M | 24.4% | $113M |
| Other investment advisers | 11 | $629M | 67.8% | $57.2M |
| Corporations and other businesses | Fewer than 5 | $57.7M | 6.2% | $28.9M |
| Total | 22 | $928M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $1.77M
- AUM share
- 0.2%
- Avg. per client
- $886K
- Clients
- 5
- Regulatory AUM
- $12.4M
- AUM share
- 1.3%
- Avg. per client
- $2.48M
- Clients
- 2
- Regulatory AUM
- $227M
- AUM share
- 24.4%
- Avg. per client
- $113M
- Clients
- 11
- Regulatory AUM
- $629M
- AUM share
- 67.8%
- Avg. per client
- $57.2M
- Clients
- Fewer than 5
- Regulatory AUM
- $57.7M
- AUM share
- 6.2%
- Avg. per client
- $28.9M
Total
- Clients
- 22
- Regulatory AUM
- $928M
- 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
- Financial planning clients last fiscal year
- 0
Piton Investment Management is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Piton Management LLC owns 75% or more of Piton Investment Management. James Fortescue is CEO; the leadership team includes President James Slattery and Chief Investment Officer Brian Lockwood. It has 9 employees, 6 of them in advisory roles.
Leadership
- James FortescueChief Executive Officer
- James SlatteryPresident, Chief Financial Officer and Chief Operating Officer
- Kristopher KonradDirector
- Brian LockwoodChief Investment Officer
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- Ralph Chan
- Michael E Farrell
- James Patrick Fortescue
- Daniel Thomas Hughey
- Kristopher Robert Konrad
- Brian Matthew Lockwood
Staff
- 9 employees
- 6 in advisory functions
- 6 state-registered reps
- 1 broker-dealer rep
- Owns 75% or more of Piton Investment Management, LP
Piton Management LLC
Control person · since January 2018
James Fortescue
Elected manager · Control person · since August 2015
Kristopher Konrad
Elected manager · Control person · since January 2018
Piton Investment Management’s regulatory assets went from $931M (June 2021) to $928M (April 2026); clients rose from 16 to 22 and employees fell from 10 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $928M | 22 | 9 | 1 |
| May 2025 | $871M | 19 | 9 | 1 |
| April 2024 | $920M | 21 | 10 | 1 |
| March 2023 | $973M | 13 | 11 | 1 |
| June 2022 | $963M | 19 | 10 | 1 |
| June 2021 | $931M | 16 | 10 | 1 |
Besides its headquarters, Piton Investment Management has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 401 Franklin Avenue, Suite 202b, Garden CityHQ
Contact and registration details
- Legal name
- Piton Investment Management, LP
- Headquarters
- 401 Franklin Avenue, Suite 202b, Garden City, NY 11530
- Website
- pitonim.com
- Phone
- 646-518-2800
- SEC file
- 801-107227
- Structure
- Delaware limited partnership
- Fiscal year end
- December
Piton Investment Management uses Charles Schwab ($701M) as custodian for its separately managed accounts. Piton Investment Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $701M100%
At year end, Piton Investment Management’s separately managed accounts were mostly in bonds (80%) and stocks (19%).
What the accounts hold
- Stocks19%
- Bonds80%
- U.S. government and agency bonds38%
- Investment grade corporate bonds22%
- State and local bonds20%
- Cash1%
How many clients does Piton Investment Management have?
Piton Investment Management has 22 clients and manages $928 million for them, as of April 2026. They include 11 other investment advisers, 5 high-net-worth individuals and 2 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 April 2026
What services does Piton Investment Management offer?
Piton Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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 Piton Investment Management use?
Piton Investment Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $701M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 April 2026
How many financial advisors does Piton Investment Management have?
Piton Investment Management has 6 investment adviser representatives registered with state securities authorities, out of 9 employees, and 6 perform investment advisory functions. 1 employee is a registered representative 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
What does Piton Investment Management invest in?
At the end of its last fiscal year, Piton Investment Management’s separately managed accounts held 38% U.S. government and agency bonds, 22% investment grade corporate bonds, 20% state and local bonds, 19% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Piton Investment Management?
Piton Investment Management’s direct owner is Piton Management LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 April 2026
How does Piton Investment Management get paid?
Piton Investment Management is paid through a percentage of assets under management and fixed fees. 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 Piton Investment Management?
Piton Investment Management’s main office is at 401 Franklin Avenue, Suite 202b, Garden City, NY 11530. Its phone number is 646-518-2800. Its website is pitonim.com.