{
  "crd_number": 106527,
  "slug": "pinnacle-west-asset-management-inc-casper-wy-106527",
  "primary_business_name": "PINNACLE WEST ASSET MANAGEMENT INC",
  "legal_name": "PINNACLE WEST ASSET MANAGEMENT INC",
  "dbas": [],
  "city": "Casper",
  "state": "WY",
  "country": "United States",
  "cbsa_code": "16220",
  "metro": {
    "cbsa_code": "16220",
    "common_name": "Casper",
    "msa_name": "Casper, WY",
    "path": "/advisors/wy/casper"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1991-11-26",
  "years_registered": 34,
  "period": "2026-10-01",
  "filing_date": "2026-04-01",
  "carried_forward": false,
  "raum_total": 245878047.0,
  "raum_discretionary": 245878047.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": null
    },
    "charitable": {
      "raum": 10856291.0,
      "count": 3
    },
    "individuals": {
      "raum": 12393899.0,
      "count": 39
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": null
    },
    "state_municipal": {
      "raum": 0.0,
      "count": null
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": null
    },
    "investment_companies": {
      "raum": 0.0,
      "count": null
    },
    "pension_profit_sharing": {
      "raum": 345949.0,
      "count": 1
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": null
    },
    "high_net_worth_individuals": {
      "raum": 204105884.0,
      "count": 46
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": null
    },
    "corporations_other_businesses": {
      "raum": 18176024.0,
      "count": 9
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": null
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": null
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "WY"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106527",
  "city_as_filed": "CASPER",
  "url": "https://advisorcensus.com/firm/pinnacle-west-asset-management-inc-casper-wy-106527",
  "display_name": "Pinnacle West Asset Management Inc",
  "summary": "Pinnacle West Asset Management Inc is an SEC-registered investment advisory firm in Casper, WY, registered since 1991, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 1, 2026.",
  "citation": "AdvisorCensus. Pinnacle West Asset Management Inc (CRD 106527): 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 individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Pinnacle West Asset Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Pinnacle West Asset Management Inc reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Pinnacle West Asset Management Inc located?",
      "a": "Pinnacle West Asset Management Inc's principal office is in Casper, WY, according to its Form ADV."
    },
    {
      "q": "Is Pinnacle West Asset Management Inc registered with the SEC or a state?",
      "a": "Pinnacle West Asset Management Inc is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 106527."
    },
    {
      "q": "How much does Pinnacle West Asset Management Inc manage?",
      "a": "Pinnacle West Asset Management Inc reports $245,878,047 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have Pinnacle West Asset Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Pinnacle West Asset Management Inc: Regulatory assets under management: $134,016,673 in the October 2021 data and $245,878,047 in the October 2026 data, up 83%. Total employees: 2 in October 2021 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 Pinnacle West Asset Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (46); individuals (other than high net worth individuals) (39); corporations or other businesses not listed above (9)."
    },
    {
      "q": "Which custodians does Pinnacle West Asset Management Inc use?",
      "a": "Pinnacle West 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."
    },
    {
      "q": "Does Pinnacle West Asset Management Inc 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/106527"
    },
    {
      "q": "Does Pinnacle West Asset Management Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 1, 2026 says: \"Pinnacle West Asset Management, Inc. minimum account size is $500,000.\""
    },
    {
      "q": "What changed in Pinnacle West Asset Management Inc's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 134016673.0,
      "total_employees": 2,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 150986269.0,
      "total_employees": 2,
      "filing_date": "2022-02-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 168279527.0,
      "total_employees": 3,
      "filing_date": "2023-03-01"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 201513361.0,
      "total_employees": 3,
      "filing_date": "2024-02-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 229500196.0,
      "total_employees": 3,
      "filing_date": "2025-03-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 245878047.0,
      "total_employees": 3,
      "filing_date": "2026-04-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 1, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$100",
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000"
        ],
        "quotes": [
          "Pinnacle West Asset Management, Inc. minimum account size is $500,000."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $100"
        ],
        "quotes": [
          "Minimum fee charged per household              $100.00"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": 100.0,
      "planning": []
    },
    "quotes": [
      "Pinnacle West Asset Management, Inc. minimum account size is $500,000.",
      "Minimum fee charged per household              $100.00"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/pinnacle-west-asset-management-inc-casper-wy-106527.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 39,
      "fewer_than_5": false,
      "raum": 12393899.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 46,
      "fewer_than_5": false,
      "raum": 204105884.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 345949.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": false,
      "raum": 10856291.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 9,
      "fewer_than_5": false,
      "raum": 18176024.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/106527",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}