# P&A Capital Advisors

> P&A Capital Advisors is an SEC-registered investment advisory firm in New York, NY, registered since 2000, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 111731
- Filed as: P&A CAPITAL ADVISORS
- Legal name: P&A Capital Advisors, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111731
- AdvisorCensus page: https://advisorcensus.com/firm/p-and-a-capital-advisors-new-york-ny-111731

## Quick answers

**How is P&A Capital Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), P&A Capital Advisors reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is P&A Capital Advisors located?**
P&A Capital Advisors' principal office is in New York, NY, according to its Form ADV.

**Is P&A Capital Advisors registered with the SEC or a state?**
P&A Capital Advisors is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 111731.

**How much does P&A Capital Advisors manage?**
P&A Capital Advisors reports $126,427,636 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have P&A Capital Advisors' assets and staff changed since 2021?**
In the Form ADV data for P&A Capital Advisors: Regulatory assets under management: $193,480,872 in the October 2021 data and $126,427,636 in the October 2026 data, down 35%. Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does P&A Capital Advisors serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); insurance companies (1).

**Does P&A Capital Advisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111731

**Does P&A Capital Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 26, 2026 says: "The minimum investment amount in any of our Funds is $500,000, subject to our discretion to accept contributions of lesser amounts."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The minimum investment amount in any of our Funds is $500,000, subject to our discretion to accept contributions of lesser amounts.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $126,427,636
- Discretionary: $126,427,636
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $121,680,480 |
| Insurance companies | 1 | $4,747,156 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2000 (25 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [pacapadvisors.com](https://pacapadvisors.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $193,480,872 | 10 | March 22, 2021 |
| October 2022 | $173,593,259 | 10 | March 30, 2022 |
| October 2023 | $114,926,280 | 10 | March 29, 2023 |
| October 2024 | $113,501,437 | 10 | March 26, 2024 |
| October 2025 | $124,490,549 | 10 | March 26, 2025 |
| October 2026 | $126,427,636 | 10 | March 26, 2026 |

Regulatory assets under management: $193,480,872 in the October 2021 data and $126,427,636 in the October 2026 data, down 35%.
Total employees: 10 in October 2021 and 10 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. P&A Capital Advisors (CRD 111731): Form ADV filing data as of October 2026.