# Pioneer Administrative Services Ltd

> Pioneer Administrative Services Ltd is an SEC-registered investment advisory firm in Herzliya Pituach, Tel Aviv, Israel, registered since 2017, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 289467
- Filed as: PIONEER ADMINISTRATIVE SERVICES LTD
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Herzliya Pituach, Tel Aviv, Israel
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289467
- AdvisorCensus page: https://advisorcensus.com/firm/pioneer-administrative-services-ltd-herzliya-pituach-tel-aviv-289467

## Quick answers

**How is Pioneer Administrative Services Ltd compensated?**
On its Form ADV (Item 5.E, October 2026), Pioneer Administrative Services Ltd reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Pioneer Administrative Services Ltd located?**
Pioneer Administrative Services Ltd's principal office is in Herzliya Pituach, Tel Aviv, Israel, according to its Form ADV.

**Is Pioneer Administrative Services Ltd registered with the SEC or a state?**
Pioneer Administrative Services Ltd is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289467.

**How much does Pioneer Administrative Services Ltd manage?**
Pioneer Administrative Services Ltd reports $104,581 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Pioneer Administrative Services Ltd's assets and staff changed since 2021?**
In the Form ADV data for Pioneer Administrative Services Ltd: Regulatory assets under management: $4,522,855 in the October 2021 data and $104,581 in the October 2026 data, down 98%. 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 Pioneer Administrative Services Ltd serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1).

**Which custodians does Pioneer Administrative Services Ltd use?**
Pioneer Administrative Services Ltd's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank Julius BAR & CO.AG as a custodian holding 10% or more of its separately managed account assets.

**Does Pioneer Administrative Services Ltd 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/289467

**What changed in Pioneer Administrative Services Ltd's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $214,799 to $104,581 (-51%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Bank Julius BAR & CO.AG

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: $104,581
- Discretionary: $104,581
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1 | $104,581 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2017 (8 years)
- Employees: 5 total, 1 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,522,855 | 5 | July 12, 2021 |
| October 2022 | $1,740,958 | 5 | March 28, 2022 |
| October 2023 | $1,317,383 | 5 | March 28, 2023 |
| October 2024 | $1,020,988 | 5 | March 27, 2024 |
| October 2025 | $214,799 | 5 | March 31, 2025 |
| October 2026 | $104,581 | 5 | March 25, 2026 |

Regulatory assets under management: $4,522,855 in the October 2021 data and $104,581 in the October 2026 data, down 98%.
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 $214,799 to $104,581 (-51%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pioneer Administrative Services Ltd (CRD 289467): Form ADV filing data as of October 2026.