{"url":"https://nivawealth.com/firms/precision-fiduciary-partners-149694","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/149694","regulatoryAum":24079375901,"crd":"149694","secFileNumber":"801-78809","legalName":"Precision Fiduciary Partners, LLC","displayName":"Precision Fiduciary Partners","website":null,"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"6300 Bridgepoint Parkway, Building 1, Suite 300","city":"Austin","state":"TX","stateName":"Texas","country":"United States","postalCode":"78730"},"tradeNames":["Precision Fiduciary Partners, LLC"],"registration":{"secApproved":"18 November 2013","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":17,"advisory":8,"brokerDealerReps":2,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":21143750089,"discretionaryAccounts":3684,"nonDiscretionary":2935625812,"nonDiscretionaryAccounts":540,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":70,"regulatoryAum":523273186},{"label":"Pension and profit-sharing plans","clients":4045,"regulatoryAum":20210993322},{"label":"State or municipal government entities","clients":29,"regulatoryAum":3345109393}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Precision Fiduciary Partners does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Richard Price","title":"Chairman & Chief Executive Officer","crd":"367760"},{"name":"Michael Annin","title":"Fiduciary Solutions Department, President","crd":"4393776"},{"name":"Jesse Keig","title":"Chief Financial Officer / Director","crd":"5268961"},{"name":"James Shields","title":"Chief Compliance Officer","crd":"2927398"}],"ownership":[{"label":"Fiduciary Holdings, LLC","detail":"Managing member in the 75% or more ownership band and a control person, since July 2026."},{"label":"Mesirow Financial Investment Management, Inc.","detail":"Indirect owner: a owner of Fiduciary Holdings, LLC in the 75% or more band and a control person, since July 2026.","parent":"Fiduciary Holdings, LLC"},{"label":"Mesirow Financial Services, Inc.","detail":"Indirect owner: a owner of Mesirow Financial Investment Management, Inc. in the 75% or more band and a control person, since March 1986.","parent":"Mesirow Financial Investment Management, Inc."},{"label":"Mesirow Financial Holdings, Inc.","detail":"Indirect owner: a owner of Mesirow Financial Services, Inc. in the 75% or more band and a control person, since March 1986.","parent":"Mesirow Financial Services, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"6300 Bridgepoint Parkway, Building 1, Suite 300","city":"Austin","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"512-879-1505","stateRegisteredReps":8,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":100}],"privateFunds":0},"sources":{"adv1FilingDate":"10 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/149694/PDF/149694.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Precision Fiduciary Partners have?","answer":"Precision Fiduciary Partners has 4,144 clients and manages $24.1 billion for them, as of July 2026. They include 4,045 pension and profit-sharing plans, 70 pooled investment vehicles and 29 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 10 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Precision Fiduciary Partners offer?","answer":"Precision Fiduciary Partners provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles 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":"How many financial advisors does Precision Fiduciary Partners have?","answer":"Precision Fiduciary Partners has 8 investment adviser representatives registered with state securities authorities, out of 17 employees, and 8 perform investment advisory functions. 2 are registered representatives of a broker-dealer and 0 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 Precision Fiduciary Partners invest in?","answer":"At the end of its last fiscal year, Precision Fiduciary Partners’ separately managed accounts held 100% registered funds (mutual funds, ETFs, BDCs). It advises no private funds of its own.","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 Precision Fiduciary Partners?","answer":"Precision Fiduciary Partners is owned through a chain of holding companies by Mesirow Financial Holdings, Inc. Its direct owner is Fiduciary Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 10 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Precision Fiduciary Partners get paid?","answer":"Precision Fiduciary Partners 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","sourceRef":{"doc":"adv1","section":"employees"}}],"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 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."}