# Pinnacle West Asset Management Inc

> 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.

- CRD: 106527
- Filed as: PINNACLE WEST ASSET MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Casper, WY
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106527
- AdvisorCensus page: https://advisorcensus.com/firm/pinnacle-west-asset-management-inc-casper-wy-106527

## Quick answers

**How is Pinnacle West Asset Management Inc compensated?**
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.

**Where is Pinnacle West Asset Management Inc located?**
Pinnacle West Asset Management Inc's principal office is in Casper, WY, according to its Form ADV.

**Is Pinnacle West Asset Management Inc registered with the SEC or a state?**
Pinnacle West Asset Management Inc is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 106527.

**How much does Pinnacle West Asset Management Inc manage?**
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).

**How have Pinnacle West Asset Management Inc's assets and staff changed since 2021?**
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.

**What types of clients does Pinnacle West Asset Management Inc serve?**
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).

**Which custodians does Pinnacle West Asset Management Inc use?**
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.

**Does Pinnacle West 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/106527

**Does Pinnacle West Asset Management Inc state an account minimum?**
Its Form ADV Part 2A brochure dated April 1, 2026 says: "Pinnacle West Asset Management, Inc. minimum account size is $500,000."

**What changed in Pinnacle West Asset Management Inc's recent Form ADV filings?**
In the May 2026 filing data: 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 April 1, 2026)

- Account minimum: $500,000

> Pinnacle West Asset Management, Inc. minimum account size is $500,000.

- Minimum annual fee: $100

> Minimum fee charged per household $100.00

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: $245,878,047
- Discretionary: $245,878,047
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 39 | $12,393,899 |
| High net worth individuals | 46 | $204,105,884 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | Not reported | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $345,949 |
| Charitable organizations | 3 | $10,856,291 |
| State or municipal government entities (including government pension plans) | Not reported | $0 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | 9 | $18,176,024 |
| Other | Not reported | $0 |

### 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: 1991 (34 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $134,016,673 | 2 | March 29, 2021 |
| October 2022 | $150,986,269 | 2 | February 22, 2022 |
| October 2023 | $168,279,527 | 3 | March 1, 2023 |
| October 2024 | $201,513,361 | 3 | February 9, 2024 |
| October 2025 | $229,500,196 | 3 | March 22, 2025 |
| October 2026 | $245,878,047 | 3 | April 1, 2026 |

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.

## Changes in the filing (last 12 months)

### May 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pinnacle West Asset Management Inc (CRD 106527): Form ADV filing data as of October 2026.