Pinnacle Associates, Ltd. provides discretionary investment management services to individuals, families, trusts, businesses, and institutional clients. Founded in 1984 and based in New York, the firm builds customized portfolios primarily using individual stocks and bonds, along with exchange-traded funds and mutual funds when appropriate. Pinnacle focuses on long-term investing using fundamental analysis to evaluate companies. For individual clients, Pinnacle takes time to understand return objectives, time horizons, risk tolerance, and liquidity needs before creating a tailored asset allocation. The firm may also incorporate socially responsible investment strategies or options strategies like covered calls upon request. Financial planning services, such as creating a goals-based plan, are generally included as part of the overall investment management relationship. Pinnacle also manages private pooled investment vehicles and participates in various wrap fee and unified managed account programs.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Annual management fees generally range between 0.50% and 1.50% depending on client type, investment strategy, and complexity. Fees are negotiable based on criteria such as asset amount, related accounts, and account composition.