# P3 Asset Management

> 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.

- CRD: 327327
- Filed as: P3 ASSET MANAGEMENT
- Legal name: P3 Asset Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Gig Harbor, WA
- Filing period: October 2026
- Form ADV filing dated: May 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/327327
- AdvisorCensus page: https://advisorcensus.com/firm/p3-asset-management-gig-harbor-wa-327327

## Quick answers

**How is P3 Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), P3 Asset Management reports these compensation arrangements: a percentage of assets under its management.

**Where is P3 Asset Management located?**
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).

**Is P3 Asset Management registered with the SEC or a state?**
P3 Asset Management is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327327.

**How much does P3 Asset Management manage?**
P3 Asset Management reports $40,306,910 in regulatory assets under management in its Form ADV filing dated May 29, 2026 (100% discretionary).

**How have P3 Asset Management's assets and staff changed since 2023?**
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.

**What types of clients does P3 Asset Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does P3 Asset Management 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/327327

**Does P3 Asset Management state an account minimum?**
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."

**What changed in P3 Asset Management's recent Form ADV filings?**
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).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: None

> The Firm generally provides investment advisory services to CITs. The Firm does not have a minimum account size.

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

### Regulatory assets under management (Item 5.F)
- Total: $40,306,910
- Discretionary: $40,306,910
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $40,306,910 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- [p3am.com](https://p3am.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $0 | 8 | September 15, 2023 |
| October 2024 | $0 | 7 | March 27, 2024 |
| October 2025 | $0 | 5 | February 3, 2025 |
| October 2026 | $40,306,910 | 3 | May 29, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

### December 2025
- Employees performing advisory functions went from 5 to 3.
- Regulatory assets under management went from $0 to $43,000,000.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. P3 Asset Management (CRD 327327): Form ADV filing data as of October 2026.