Platform Technology Partners provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, business succession planning, estate planning, family office services, insurance, retirement plan services, and tax planning. Financial planning was provided to 1–10 clients last fiscal year. The firm advises 6 private funds.
Platform Technology Partners reports 887 clients. They include 535 individual clients, 336 high-net-worth individuals, and 14 corporations and other businesses. Of its assets, 90.0% ($1.11B across 2,032 accounts) are managed with discretion; $123M across 225 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 60% | 11% |
| High-net-worth individuals | 38% | 86% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 535 | $137M | 11.1% | $255K |
| High-net-worth individuals | 336 | $1.06B | 85.9% | $3.14M |
| Pension and profit-sharing plans | Fewer than 5 | $3.47M | 0.3% | $3.47M |
| Charitable organizations | Fewer than 5 | $250K | 0.0% | $250K |
| Corporations and other businesses | 14 | $32.4M | 2.6% | $2.32M |
| Total | 887 | $1.23B | 100% | — |
- Clients
- 535
- Regulatory AUM
- $137M
- AUM share
- 11.1%
- Avg. per client
- $255K
- Clients
- 336
- Regulatory AUM
- $1.06B
- AUM share
- 85.9%
- Avg. per client
- $3.14M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.47M
- AUM share
- 0.3%
- Avg. per client
- $3.47M
- Clients
- Fewer than 5
- Regulatory AUM
- $250K
- AUM share
- 0.0%
- Avg. per client
- $250K
- Clients
- 14
- Regulatory AUM
- $32.4M
- AUM share
- 2.6%
- Avg. per client
- $2.32M
Total
- Clients
- 887
- Regulatory AUM
- $1.23B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 6
- Financial planning clients last fiscal year
- 1–10
Platform Technology Partners is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Consultation Services
- Negotiable flat or hourly fee; hourly fees range from $100 to $300 per hour, with a retainer of one-half the project fee.
United Atlantic Capital, LLC owns 75% or more of Platform Technology Partners and is in turn owned by Mark Penske (75% or more). The leadership team of Platform Technology Partners includes Chief Compliance Officer Thomas Kerney. It has 12 employees, 9 of them in advisory roles.
Leadership
- Thomas KerneyChief Compliance Officer
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- Jeffrey Filone
- John James Litke
- Patrick Kirley Moran
- Stephen James Nicholas
- Matthew Ryan Segal
- Matthew S Shapiro
- Nathaniel Turner Simkins
- Joseph Drew Spina
- Robert J Tirrito Jr
- Patrick Michael Van Roten
Staff
- 12 employees
- 9 in advisory functions
- 8 state-registered reps
- 8 broker-dealer reps
- 2 insurance agents
- 3 soliciting firms
- Owns 75% or more of Platform Technology Partners LLC
United Atlantic Capital, LLC
Control person · since August 2019
- Owns 75% or more of United Atlantic Capital, LLC
Mark Penske
Control person · since August 2019
Platform Technology Partners’ regulatory assets grew 2.2× from $561M (March 2021) to $1.23B (September 2026); clients rose from 363 to 887 and employees from 8 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $1.23B | 887 | 12 | 2 |
| March 2025 | $1.09B | 771 | 11 | 2 |
| June 2024 | $937M | 615 | 12 | 2 |
| March 2023 | $648M | 519 | 12 | 2 |
| March 2022 | $668M | 449 | 9 | 2 |
| March 2021 | $561M | 363 | 8 | 2 |
Besides its headquarters, Platform Technology Partners has 1 office, with 2 listed addresses in New York.
New York · 2 listed addresses
- 63 Forest Avenue, Locust ValleyHQ
- 135 Crossways Park Drive, Woodbury
Other business names
Platform Technology Partners has reported 1 other business name to the SEC.
- Northeast Private Wealth Management
Contact and registration details
- Legal name
- Platform Technology Partners LLC
- Headquarters
- 63 Forest Avenue, Locust Valley, NY 11560
- Website
- neprivatewealth.com
- Phone
- 212-444-2362
- SEC file
- 801-117439
- Founded
- 2019
- Structure
- New York LLC
- Fiscal year end
- December
Platform Technology Partners uses Pershing ($1.18B) as custodian for its separately managed accounts. Platform Technology Partners has custody of $521M in client assets for 518 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $1.18B100%
At year end, Platform Technology Partners’ separately managed accounts were largely in stocks (42%) and funds (27%).
What the accounts hold
- Stocks42%
- Funds27%
- Registered funds19%
- Pooled vehicles8%
- Bonds15%
- State and local bonds9%
- U.S. government and agency bonds5%
- Sovereign bonds1%
- Cash16%
How many clients does Platform Technology Partners have?
Platform Technology Partners has 887 clients and manages $1.23 billion for them, as of September 2026. They include 535 individual clients, 336 high-net-worth individuals, and 14 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Platform Technology Partners offer?
Platform Technology Partners provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, business succession planning, estate planning, family office services, insurance, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Platform Technology Partners use?
Platform Technology Partners’ separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $1.18B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does Platform Technology Partners have?
Platform Technology Partners has 8 investment adviser representatives registered with state securities authorities, out of 12 employees, and 9 perform investment advisory functions. 8 employees are registered representatives of a broker-dealer and 2 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 Platform Technology Partners invest in?
At the end of its last fiscal year, Platform Technology Partners’ separately managed accounts held 42% exchange-traded equities, 19% registered funds (mutual funds, ETFs, BDCs), 16% cash and equivalents, 9% state and local bonds, 8% pooled vehicles (private funds and similar), 5% U.S. government and agency bonds and 1% sovereign bonds. It advises 6 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Platform Technology Partners?
Platform Technology Partners is owned through a holding company by Mark Penske. Its direct owner is United Atlantic Capital, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Platform Technology Partners get paid?
Platform Technology Partners is paid through a percentage of assets under management, hourly charges 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 Platform Technology Partners?
Platform Technology Partners’ main office is at 63 Forest Avenue, Locust Valley, NY 11560. Its phone number is 212-444-2362. Its website is neprivatewealth.com.