# Pegasus Asset Management Inc

> Pegasus Asset Management Inc is an SEC-registered investment advisory firm in Morristown, NJ, registered since 1963, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 12, 2026.

- CRD: 104766
- Filed as: PEGASUS ASSET MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Morristown, NJ
- Filing period: October 2026
- Form ADV filing dated: June 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104766
- AdvisorCensus page: https://advisorcensus.com/firm/pegasus-asset-management-inc-morristown-nj-104766

## Quick answers

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

**Where is Pegasus Asset Management Inc located?**
Pegasus Asset Management Inc's principal office is in Morristown, NJ, according to its Form ADV.

**Is Pegasus Asset Management Inc registered with the SEC or a state?**
Pegasus Asset Management Inc is an SEC-registered investment advisory firm, registered since 1963. Status as filed: Approved. CRD 104766.

**How much does Pegasus Asset Management Inc manage?**
Pegasus Asset Management Inc reports $553,614,805 in regulatory assets under management in its Form ADV filing dated June 12, 2026 (100% discretionary).

**How have Pegasus Asset Management Inc's assets and staff changed since 2021?**
In the Form ADV data for Pegasus Asset Management Inc: Regulatory assets under management: $322,112,745 in the October 2021 data and $553,614,805 in the October 2026 data, up 72%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Pegasus Asset Management Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (158); high net worth individuals (126).

**Which custodians does Pegasus Asset Management Inc use?**
Pegasus Asset Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Pegasus Asset Management Inc 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/104766

**What changed in Pegasus Asset Management Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $473,152,383 to $553,614,805 (+17%).

## 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 21, 2026)

- Minimum annual fee: None

> The Registrant does not require a minimum annual fee or asset level for investment advisory services.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $553,614,805
- Discretionary: $553,614,805
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 158 | $49,652,019 |
| High net worth individuals | 126 | $412,437,179 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $187,481 |
| Other investment advisers | Fewer than 5 | $91,338,126 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1963 (63 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, MI, NC, NH, NJ, NY, PA, SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- pegasusassetmgt.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $322,112,745 | 5 | March 19, 2021 |
| October 2022 | $384,101,268 | 2 | April 12, 2022 |
| October 2023 | $335,311,712 | 5 | February 9, 2023 |
| October 2024 | $411,619,888 | 5 | March 22, 2024 |
| October 2025 | $473,152,383 | 5 | March 12, 2025 |
| October 2026 | $553,614,805 | 5 | June 12, 2026 |

Regulatory assets under management: $322,112,745 in the October 2021 data and $553,614,805 in the October 2026 data, up 72%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $473,152,383 to $553,614,805 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pegasus Asset Management Inc (CRD 104766): Form ADV filing data as of October 2026.