{"url":"https://nivawealth.com/firms/the-palisades-group-165609","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/165609","regulatoryAum":27783069634,"crd":"165609","secFileNumber":"801-77293","legalName":"The Palisades Group, LLC","displayName":"The Palisades Group","website":null,"linkedinUrl":"https://www.linkedin.com/company/the-palisades-group-llc","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"401 S. 1st Street, Suite 850","city":"Austin","state":"TX","stateName":"Texas","country":"United States","postalCode":"78704"},"tradeNames":[],"registration":{"secApproved":"18 December 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":90,"advisory":9,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":1157789196,"discretionaryAccounts":9,"nonDiscretionary":26625280438,"nonDiscretionaryAccounts":6,"wrapProgram":null,"nonUsClientsPct":7,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":494171797},{"label":"Other investment advisers","clients":null,"regulatoryAum":26165881257},{"label":"Other","clients":null,"regulatoryAum":1123016580}],"fees":[],"feeNotes":[],"custodians":[{"name":"Computershare Trust Company, N.A.","shortName":"Computershare Trust Company, N.A.","location":"Minneapolis, MN","smaAssets":326853201}],"custodyNote":"The Palisades Group has custody of $18.1M for 1 clients.","otherCustodians":[],"leadership":[{"name":"Phillip Kardis","title":"President","crd":"8057775"},{"name":"Subramaniam Viswanathan","title":"Vice President and Treasurer","crd":"5324347"},{"name":"Craig Fisher","title":"General Counsel and Chief Compliance Officer","crd":"5052362"},{"name":"Jack Macdowell","title":"Chief Investment Officer","crd":"4269131"}],"ownership":[{"label":"Cim Advisory Holdings TRS LLC","detail":"Owner in the 75% or more ownership band and a control person, since December 2024."},{"label":"Chimera Investment Corporation","detail":"Indirect owner: a member of Cim Advisory Holdings TRS LLC in the 75% or more band and a control person, since October 2024.","parent":"Cim Advisory Holdings TRS LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"909 Davis Street","city":"Evanston"}]},{"state":"New York","offices":1,"addresses":[{"street":"One Rockefeller Plaza","city":"New York"}]},{"state":"Texas","offices":1,"addresses":[{"street":"401 S. 1st Street, Suite 850","city":"Austin","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"512-361-2148","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Other","percent":100,"detail":"Interests in Residential Mortgage Loans and Reo"}],"privateFunds":4},"sources":{"adv1FilingDate":"8 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/165609/PDF/165609.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does The Palisades Group have?","answer":"The Palisades Group has 5 clients and manages $27.8 billion for them, as of May 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 8 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does The Palisades Group offer?","answer":"The Palisades Group provides 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":"Which custodians does The Palisades Group use?","answer":"The Palisades Group’s separately managed account assets are held at Computershare Trust Company, N.A. (Minneapolis, MN), with $326,853,201. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does The Palisades Group have?","answer":"The Palisades Group has 0 investment adviser representatives registered with state securities authorities, out of 90 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 The Palisades Group invest in?","answer":"At the end of its last fiscal year, The Palisades Group’s separately managed accounts held 100% interests in residential mortgage loans and reo. It advises 4 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 The Palisades Group?","answer":"The Palisades Group is owned through a holding company by Chimera Investment Corporation. Its direct owner is Cim Advisory Holdings TRS LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 8 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does The Palisades Group get paid?","answer":"The Palisades Group is paid through a percentage of assets under management, performance-based fees and other arrangements. 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."}