Broker-dealer firm · Minneapolis, MN
Piper Sandler & Co.
SEC-registered investment adviser · CRD 665 · SEC 801-108049
At a glance
Piper Sandler & Co. is an SEC-registered investment adviser based in Minneapolis, Minnesota, with $1.3 billion in regulatory assets under management as of its Form ADV filed March 23, 2026. Its largest client group by assets is state or municipal government entities. By Form ADV it is a broker-dealer firm, ranked 157th of 391 broker-dealer firms and 4,671st of 17,210 SEC-registered advisers by assets.
Main office 612-303-6000pipersandler.comAs filed on Form ADV
- Regulatory AUM
- $1.3B
- Rank among broker-dealer firms
- #157 of 391
- Rank among all SEC RIAs
- #4,671 of 17,210
- Rank in Minnesota
- #75 of 276
- Clients
- 20
- Accounts
- 1
- Discretionary
- 0% of AUM
- Employees
- 1,402
- Advisory staff
- 31
- Offices
- 10
Owners and executives on its Form ADV
- Debbra Lynn SchonemanPresident; Board Member
- Chad Richard AbrahamChairman, Ceo; Board Member
- John William Jr. GeelanChief Legal Officer
- Michael Edward CoxCo-Head of Equities; Board Member
- Jonathan Jay DoyleHead of Financial Services Group
- Michael Ray DillahuntCo-Head INV BKG & Cap Mkts; Board Member
- Bridget Tere LarsenChief Compliance Officer
- Jeremy Joseph GerberCo Head of Public Finance; Board Member
- Katherine Patricia CluneCfo; Board Member
Custody and brokerage
Custodian
Piper Sandler & Co.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Piper Sandler & Co. is a hybrid RIA: 1,402 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| State or municipal government entities | 2 | $1.3B | 100% |
| Banking or thrift institutions | 16 | $0M | 0% |
| Investment companies | 1 | $0M | 0% |
| Corporations or other businesses | 1 | $0M | 0% |
Disciplinary disclosures
Piper Sandler & Co. answers yes to 4 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗pipersandler.com ↗
AtlasMembers
The full record on Piper Sandler & Co.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 9 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 115 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 9 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Piper Sandler & Co. manage?
Piper Sandler & Co. reports $1.3 billion in regulatory assets under management across 1 accounts, on its Form ADV filed March 23, 2026.
What kind of firm is Piper Sandler & Co.?
Piper Sandler & Co. is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. A public reporting company controls it.
Who are Piper Sandler & Co.’s clients?
By assets, its largest client types are state or municipal government entities ($1.3 billion, 2 clients); banking or thrift institutions ($0, 16 clients); investment companies ($0, 1 clients).
Does Piper Sandler & Co. have any disciplinary history?
Piper Sandler & Co. answers yes to 4 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Piper Sandler & Co.’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 (2026-03-23), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →