{"url":"https://nivawealth.com/firms/piton-investment-management-282517","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/282517","regulatoryAum":927924194,"crd":"282517","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4131654","suffix":null,"lastName":"CHAN","firstName":"RALPH","middleName":null},{"crd":"7195826","suffix":null,"lastName":"Farrell","firstName":"Michael","middleName":"E"},{"crd":"2664841","suffix":null,"lastName":"FORTESCUE","firstName":"JAMES","middleName":"PATRICK"},{"crd":"5718803","suffix":null,"lastName":"HUGHEY","firstName":"DANIEL","middleName":"THOMAS"},{"crd":"5847814","suffix":null,"lastName":"KONRAD","firstName":"KRISTOPHER","middleName":"ROBERT"},{"crd":"2402096","suffix":null,"lastName":"LOCKWOOD","firstName":"BRIAN","middleName":"MATTHEW"}],"total":6,"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":"2021-06-29","regulatoryAum":931306600,"clients":16,"employees":10,"offices":1},{"filedOn":"2022-06-06","regulatoryAum":962551489,"clients":19,"employees":10,"offices":1},{"filedOn":"2023-03-29","regulatoryAum":973101300,"clients":13,"employees":11,"offices":1},{"filedOn":"2024-04-15","regulatoryAum":920386342,"clients":21,"employees":10,"offices":1},{"filedOn":"2025-05-06","regulatoryAum":871156559,"clients":19,"employees":9,"offices":1},{"filedOn":"2026-04-24","regulatoryAum":927924194,"clients":22,"employees":9,"offices":1}],"secFileNumber":"801-107227","legalName":"Piton Investment Management, LP","displayName":"Piton Investment Management","slug":"piton-investment-management-282517","website":"https://pitonim.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/282517/aea14d0b8fb3e563-r1.webp","tone":"light","width":758,"height":200,"sourceUrl":"https://www.pitonim.com/","sourceLabel":"Piton Investment Management, LP, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"401 Franklin Avenue, Suite 202b","city":"Garden City","state":"NY","stateName":"New York","country":"United States","postalCode":"11530"},"tradeNames":[],"registration":{"secApproved":"29 January 2016","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":9,"advisory":6,"brokerDealerReps":1,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":927924194,"discretionary":927924194,"discretionaryAccounts":177,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":2,"fewerThan5":true,"regulatoryAum":1771713},{"label":"High-net-worth individuals","clients":5,"regulatoryAum":12384873},{"label":"Investment companies","clients":2,"regulatoryAum":226777924},{"label":"Other investment advisers","clients":11,"regulatoryAum":629248357},{"label":"Corporations and other businesses","clients":2,"fewerThan5":true,"regulatoryAum":57741327}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":701146270}],"custodyNote":"Piton Investment Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"James Fortescue","title":"Chief Executive Officer","crd":"2664841"},{"name":"James Slattery","title":"President, Chief Financial Officer and Chief Operating Officer","crd":"5790635"},{"name":"Walter Gilmore","title":"CCO","crd":"1996728"},{"name":"Kristopher Konrad","title":"Director","crd":"5847814"},{"name":"Brian Lockwood","title":"Chief Investment Officer","crd":"2402096"}],"ownership":[{"label":"Piton Management LLC","detail":"Owner, general partner in the 75% or more ownership band and a control person, since January 2018."},{"label":"James Fortescue","detail":"Indirect owner: elected manager of Piton Management LLC and a control person, since August 2015.","parent":"Piton Management LLC"},{"label":"Kristopher Konrad","detail":"Indirect owner: elected manager of Piton Management LLC and a control person, since January 2018.","parent":"Piton Management LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"401 Franklin Avenue, Suite 202b","city":"Garden City","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"646-518-2800","stateRegisteredReps":6,"otherAdviserReps":2,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":19},{"label":"U.S. government/agency bonds","percent":38},{"label":"U.S. state and local bonds","percent":20},{"label":"Investment grade corporate bonds","percent":22},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"24 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/282517/PDF/282517.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 Piton Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Piton Investment Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Piton Investment Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Piton Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Piton Investment Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Piton Investment Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Piton Investment Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Piton Investment Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 24 April 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."}