Clients
PT Asset Management serves 4 clients. The average client has about $2.84 billion with the firm.
- Investment companies4 clients100%
- OtherCorporations and other businesses, Other0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 4 | $11,332,322,492 | 99.9% | $2.83B |
| Corporations and other businesses | 0 | $9,259,644 | 0.1% | — |
| Other | 0 | $4,318,168 | 0.0% | — |
| Total | 4 | $11,345,900,304 | 100% | $2.84B |
- Clients
- 4
- Regulatory AUM
- $11,332,322,492
- Share
- 99.9%
- Avg. per client
- $2.83B
- Clients
- 0
- Regulatory AUM
- $9,259,644
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 0
- Regulatory AUM
- $4,318,168
- Share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 4
- Regulatory AUM
- $11,345,900,304
- Share
- 100%
- Avg. per client
- $2.84B
What it does
PT Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies and portfolio management for institutions. It is paid through a percentage of assets.
PT Asset Management advises no private funds.
100.0% of assets ($11.35B across 5 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Cash2%
- Other98%
- Asset-backed securities, including residential mortgage-backed securities and commercial mortgage-backed securities98%
Custodians
PT Asset Management’s client accounts are held mainly at U.S Bank Assocation, with 0% of managed assets. PT Asset Management does not have custody of client assets.
- OtherU.S Bank Assocation, All other custodians100%
Ownership and leadership
Ptam Holdings, LLC owns 75% or more of PT Asset Management, and Sean Dranfield is its CEO.
- Owns 75% or more of PT Asset Management, LLC
Ptam Holdings, LLC
Control person · since September 2017
- Owns 5% to 10% of PT Asset Management, LLC
George Plaiss
Control person · since January 2015
- Owns 5% to 10% of PT Asset Management, LLC
Anthony Harris
Control person · since January 2015
- Owns 5% to 10% of PT Asset Management, LLC
Sean Dranfield
Control person · since January 2018
Leadership
- Sean DranfieldChief Executive Officer
- Steven HayesChief Financial Officer & Chief Operating Officer
- Anne DuffyChief Compliance Officer & General Counsel
- Eric BrownBoard Member
- Craig JohnsonBoard Member
- Ryan MasseyBoard Member
- Philip NussbaumBoard Member
- George PlaissSenior Portfolio Manager
- Anthony HarrisSenior Portfolio Manager
Staff
- 52 employees
- 16 in advisory functions
- 10 state-registered reps
- 30 broker-dealer reps
- 1 soliciting firm
Fees
PT Asset Management is paid through a percentage of assets under management.
PT Asset Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, PT Asset Management has 3 offices (3 private residences, listed without an address), with 1 listed address in 1 state.
Illinois · 1 listed address
- 500 W. Madison Street, Suite 500, ChicagoHQ
Registration details
- Legal name
- PT Asset Management, LLC
- Headquarters
- 500 W. Madison Street, Suite 500, Chicago, IL 60661
- Phone
- 312-521-1000
- Website
- Not reported
- SEC file
- 801-46031
- Structure
- Illinois LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does PT Asset Management have?
PT Asset Management has 4 clients and manages $11.3 billion for them, as of March 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does PT Asset Management offer?
PT Asset 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 PT Asset Management use?
PT Asset Management’s separately managed account assets are held at U.S Bank Assocation (ST. Paul, MN), with $9,259,644. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does PT Asset Management have?
PT Asset Management has 10 investment adviser representatives registered with state securities authorities, out of 52 employees, and 16 perform investment advisory functions. 30 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
What does PT Asset Management invest in?
At the end of its last fiscal year, PT Asset Management’s separately managed accounts held 98% asset-backed securities, including residential mortgage-backed securities and commercial mortgage-backed securities and 2% cash and equivalents. 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
Who owns PT Asset Management?
PT Asset Management’s direct owners are George Plaiss (5% to 10%), Anthony Harris (5% to 10%), Ptam Holdings, LLC (75% or more) and Sean Dranfield (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does PT Asset Management get paid?
PT Asset Management 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