Wealth manager, independent · Menlo Park, CA
A16z Perennial Management, L.P.
SEC-registered investment adviser · CRD 324429 · SEC 801-127229
At a glance
A16z Perennial Management, L.P. is an SEC-registered investment adviser based in Menlo Park, California, with $2.8B in regulatory assets under management as of its Form ADV filed May 26, 2026. It reports 56 individual clients, 56 of them high-net-worth, holding an average of about $37 million each, and 26 employees. That ranks it 406th among the nation’s 5,657 independent wealth management RIAs and 53rd of 714 in California. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 650-798-5800a16zperennial.comAs filed on Form ADV
- Regulatory AUM
- $2.8B
- Rank among independent wealth managers
- #406 of 5,657
- Rank among all SEC RIAs
- #2,989 of 17,210
- Rank in California
- #53 of 714
- Individual clients
- 56
- High-net-worth clients
- 56
- Accounts
- 147
- Discretionary
- 100% of AUM
- Employees
- 26
- Advisory staff
- 10
- Offices
- 2
Owners and executives on its Form ADV
- Robert S. WalkerChief Compliance Officer
- Michel A. Del BuonoChief Investment Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
A16z Perennial Management, L.P. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 56 | $2.1B | 75% |
| Pooled investment vehicles | 7 | $521M | 19% |
| Charitable organizations | 10 | $154M | 6% |
Private funds
A16z Perennial Management, L.P. reports 7 private funds with $762M in gross assets: hedge funds, private equity funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
A16z Perennial Management, L.P. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Performance-based fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗a16zperennial.com ↗
AtlasMembers
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- Assets, accounts, clients and staff, 2 years of filings
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- Growth over one, three and five years
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Cooper McManusIrvine | $2.9B | 3,379 |
| Angeles Wealth Management, LLCSanta Monica | $2.8B | 203 |
| Ohana AdvisorsSAN Rafael | $2.8B | 21 |
| Osborne PartnersSAN Francisco | $2.7B | 704 |
| Validus Capital LLCEL Segundo | $2.5B | 176 |
| Saratoga Research & Investment ManagementSaratoga | $2.5B | 2,554 |
Background
Questions
How much does A16z Perennial Management, L.P. manage?
A16z Perennial Management, L.P. reports $2.8B in regulatory assets under management across 147 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 26, 2026.
How many clients does A16z Perennial Management, L.P. have?
It reports 56 individual clients: 56 high-net-worth individuals and 0 other individuals. Individuals account for about 75% of its regulatory assets.
Where is A16z Perennial Management, L.P. headquartered?
Its main office is in Menlo Park, California. It reports 2 offices in total and 26 employees, 10 of whom perform investment advisory functions.
How does A16z Perennial Management, L.P. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; performance-based fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does A16z Perennial Management, L.P. use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed May 26, 2026, it reports these amounts held: Fidelity ($2.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is A16z Perennial Management, L.P. a hybrid RIA with a broker-dealer?
A16z Perennial Management, L.P. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is A16z Perennial Management, L.P. a fiduciary?
As an SEC-registered investment adviser, A16z Perennial Management, L.P. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is A16z Perennial Management, L.P.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-26), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →