{
  "crd_number": 327327,
  "slug": "p3-asset-management-gig-harbor-wa-327327",
  "primary_business_name": "P3 ASSET MANAGEMENT",
  "legal_name": "P3 ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": "Gig Harbor",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "42660",
  "metro": {
    "cbsa_code": "42660",
    "common_name": "Seattle",
    "msa_name": "Seattle-Tacoma-Bellevue, WA",
    "path": "/advisors/wa/seattle"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-07-27",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-05-29",
  "carried_forward": false,
  "raum_total": 40306910.0,
  "raum_discretionary": 40306910.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 40306910.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY",
    "WA"
  ],
  "websites": [
    "https://p3am.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327327",
  "city_as_filed": "GIG HARBOR",
  "url": "https://advisorcensus.com/firm/p3-asset-management-gig-harbor-wa-327327",
  "display_name": "P3 Asset Management",
  "summary": "P3 Asset Management is an SEC-registered investment advisory firm in Gig Harbor, WA, registered since 2023, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated May 29, 2026.",
  "citation": "AdvisorCensus. P3 Asset Management (CRD 327327): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is P3 Asset Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), P3 Asset Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is P3 Asset Management located?",
      "a": "P3 Asset Management's principal office is in Gig Harbor, WA, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is P3 Asset Management registered with the SEC or a state?",
      "a": "P3 Asset Management is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327327."
    },
    {
      "q": "How much does P3 Asset Management manage?",
      "a": "P3 Asset Management reports $40,306,910 in regulatory assets under management in its Form ADV filing dated May 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have P3 Asset Management's assets and staff changed since 2023?",
      "a": "In the Form ADV data for P3 Asset Management: Regulatory assets under management: $0 in the October 2023 data and $40,306,910 in the October 2026 data. Total employees: 8 in October 2023 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does P3 Asset Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does P3 Asset Management report any disciplinary disclosures?",
      "a": "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/327327"
    },
    {
      "q": "Does P3 Asset Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"The Firm generally provides investment advisory services to CITs. The Firm does not have a minimum account size.\""
    },
    {
      "q": "What changed in P3 Asset Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 3 to 2. Changed its office addresses in New York, NY. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 8,
      "filing_date": "2023-09-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 7,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 5,
      "filing_date": "2025-02-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 40306910.0,
      "total_employees": 3,
      "filing_date": "2026-05-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 2.",
        "Changed its office addresses in New York, NY.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 5 to 3.",
        "Regulatory assets under management went from $0 to $43,000,000."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "The Firm generally provides investment advisory services to CITs. The Firm does not have a minimum account size."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The Firm generally provides investment advisory services to CITs. The Firm does not have a minimum account size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/p3-asset-management-gig-harbor-wa-327327.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 40306910.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327327",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}