Asset manager · Chicago, IL
PT Asset Management, LLC
SEC-registered investment adviser · CRD 107619 · SEC 801-46031
At a glance
PT Asset Management, LLC is an SEC-registered investment adviser based in Chicago, Illinois, with $11.3 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is investment companies. By Form ADV it is a asset manager, ranked 488th of 3,218 asset managers and 1,261st of 17,210 SEC-registered advisers by assets.
Main office 312-521-1000ptam.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $11B
- Rank among asset managers
- #488 of 3,218
- Rank among all SEC RIAs
- #1,261 of 17,210
- Rank in Illinois
- #75 of 684
- Clients
- 4
- Accounts
- 5
- Discretionary
- 100% of AUM
- Employees
- 52
- Advisory staff
- 16
- Offices
- 4
Owners and executives on its Form ADV
- Philip M. NussbaumBoard Member
- George M PlaissSenior Portfolio Manager
- Anthony J. HarrisSenior Portfolio Manager
- Sean M. DranfieldChief Executive Officer
- Eric P. BrownBoard Member
- Steven S. HayesChief Financial Officer & Chief Operating Officer
- Anne M. DuffyChief Compliance Officer & General Counsel
- Ryan A MasseyBoard Member
- Craig S. JohnsonBoard Member
Custody and brokerage
Broker-dealer
Hybrid RIA
PT Asset Management, LLC is a hybrid RIA: 30 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: PT Capital Partners Limited and Performance Trust Capital Partners, LLC.
- PT Capital Partners Limited
- Performance Trust Capital Partners, LLC ↗CRD 36155
An introducing broker-dealer: its trades clear through Pershing, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 4 | $11B | 100% |
| Corporations or other businesses | – | $9M | <1% |
| Other | – | $4M | <1% |
Disciplinary disclosures
PT Asset Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗ptam.com ↗
AtlasMembers
The full record on PT Asset Management, LLC
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, ten years of filings
- Locked
- Growth over one, three and five years
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- Rank against 524 peers of its type and size
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- Owners and executives, with titles and stakes
- 9 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does PT Asset Management, LLC manage?
PT Asset Management, LLC reports $11.3 billion in regulatory assets under management across 5 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is PT Asset Management, LLC?
PT Asset Management, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are PT Asset Management, LLC’s clients?
By assets, its largest client types are investment companies ($11.3 billion, 4 clients); corporations or other businesses ($9 million); other ($4 million).
Does PT Asset Management, LLC have any disciplinary history?
PT Asset Management, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is PT Asset Management, LLC’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 (2026-03-31), 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 →