{"url":"https://nivawealth.com/firms/pretium-residential-credit-management-171026","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/171026","regulatoryAum":28190774024,"crd":"171026","secFileNumber":"801-79924","legalName":"Pretium Residential Credit Management, LLC","displayName":"Pretium Residential Credit Management","website":"http://www.pretium.com","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"60 Columbus Circle, 19th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10023"},"tradeNames":[],"registration":{"secApproved":"26 June 2014","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":110,"advisory":30,"brokerDealerReps":20,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":28190774024,"discretionaryAccounts":36,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":17,"regulatoryAum":16969065770},{"label":"Other","clients":19,"regulatoryAum":11221708254}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Deutsche Bank Securities Inc.","shortName":"Deutsche Bank Securities","location":"New York, NY","smaAssets":2279051962},{"name":"U.S. Bancorp Investments, Inc.","shortName":"U.S. Bancorp Investments","location":"Charlotte, NC","smaAssets":8442656292}],"custodyNote":"Pretium Residential Credit Management has custody of $28.19B for 36 clients.","otherCustodians":[],"leadership":[{"name":"Donald Mullen","title":"Chief Executive Officer","crd":"1209578"},{"name":"Jonathan Pruzan","title":"Co-President","crd":"2037462"},{"name":"Stephen Scherr","title":"Co-President","crd":"2388851"},{"name":"Christopher Weidler","title":"Chief Financial Officer","crd":"5844137"},{"name":"Kimberly Larin","title":"Chief Compliance Officer","crd":"7485860"},{"name":"Jonathan Babkow","title":"Head of Residential Credit","crd":"2001583"},{"name":"Jeffrey Meriggi","title":"Chief Legal and Business Affairs Officer","crd":"4981291"}],"ownership":[{"label":"PMCM Holdings, LLC","detail":"Managing member in the 75% or more ownership band and a control person, since June 2014."},{"label":"Pretium Partners, LLC","detail":"Indirect owner: a sole member of PMCM Holdings, LLC in the 75% or more band and a control person, since April 2014.","parent":"PMCM Holdings, LLC"},{"label":"Pretium Holdings, LP","detail":"Indirect owner: a sole member of Pretium PMV Holdco, LP in the 75% or more band and a control person, since January 2024.","parent":"Pretium PMV Holdco, LP"},{"label":"Pretium Holdings GP, LLC","detail":"Indirect owner: general partner of Pretium Holdings, LP and a control person, since December 2016. Also general partner of Pretium PMV Holdco, LP and a control person, since January 2024.","parent":"Pretium Holdings, LP"},{"label":"Pretium Parent LLC","detail":"Indirect owner: a partner of Pretium Holdings, LP in the 50% to 75% band and a control person, since December 2016.","parent":"Pretium Holdings, LP"},{"label":"Donald Mullen","detail":"Indirect owner: a sole member of Mvre, LLC in the 75% or more band and a control person, since June 2005. Also a managing member of Pretium Holdings GP, LLC in the 75% or more band and a control person, since December 2016.","parent":"Mvre, LLC"},{"label":"Mvre, LLC","detail":"Indirect owner: a managing member of Pretium Parent LLC in the 75% or more band and a control person, since December 2016.","parent":"Pretium Parent LLC"},{"label":"Pretium Partners Parent, LLC","detail":"Indirect owner: a sole member of Pretium Partners, LLC in the 75% or more band and a control person, since August 2019.","parent":"Pretium Partners, LLC"},{"label":"Pretium Consolidated Holdings, LLC","detail":"Indirect owner: a sole member of Pretium Partners Parent, LLC in the 75% or more band and a control person, since February 2020.","parent":"Pretium Partners Parent, LLC"},{"label":"Pretium PMV Holdco, LP","detail":"Indirect owner: a sole member of Pretium Consolidated Holdings, LLC in the 75% or more band and a control person, since January 2024.","parent":"Pretium Consolidated Holdings, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"1688 Meridian Avenue","city":"Miami"}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"120 South 6th ST","city":"Minneapolis"}]},{"state":"New York","offices":1,"addresses":[{"street":"60 Columbus Circle, 19th Floor","city":"New York","headquarters":true}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"3530 Toringdon Way","city":"Charlotte"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-257-5757","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Other","percent":100,"detail":"Mortgage Loans"}],"privateFunds":12},"sources":{"adv1FilingDate":"27 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/171026/PDF/171026.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Pretium Residential Credit Management have?","answer":"Pretium Residential Credit Management has 36 clients and manages $28.2 billion for them, as of August 2026. They include 19 other clients and 17 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Pretium Residential Credit Management offer?","answer":"Pretium Residential Credit Management provides portfolio management for pooled vehicles and other activities.","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 Pretium Residential Credit Management use?","answer":"Pretium Residential Credit Management’s separately managed account assets are held at U.S. Bancorp Investments, Inc. (Charlotte, NC), with $8,442,656,292 and Deutsche Bank Securities Inc. (New York, NY), with $2,279,051,962. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Pretium Residential Credit Management have?","answer":"Pretium Residential Credit Management has 0 investment adviser representatives registered with state securities authorities, out of 110 employees, and 30 perform investment advisory functions. 20 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 Pretium Residential Credit Management invest in?","answer":"At the end of its last fiscal year, Pretium Residential Credit Management’s separately managed accounts held 100% mortgage loans. It advises 12 private funds.","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 Pretium Residential Credit Management?","answer":"Pretium Residential Credit Management is owned through a chain of holding companies by Donald Mullen. Its direct owner is PMCM Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Pretium Residential Credit Management get paid?","answer":"Pretium Residential Credit Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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."}