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Pretium Residential Credit Management, LLC

New York, NYSEC-registered investment adviserCRD 171026

Filed as PRETIUM RESIDENTIAL CREDIT MANAGEMENT, LLC

Pretium Residential Credit Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 27, 2026.

12 years
registered since 2014
$28,190,774,024
assets under management
2 arrangements
Percentage of assets, Performance-based
None
disclosure items (Item 11)

Quick answers

From the filing

How is Pretium Residential Credit Management, LLC compensated?

On its Form ADV (Item 5.E, October 2026), Pretium Residential Credit Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

How much does Pretium Residential Credit Management, LLC charge?

Its Form ADV Part 2A brochure dated May 7, 2026 states: Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

Where is Pretium Residential Credit Management, LLC located?

Pretium Residential Credit Management, LLC's principal office is in New York, NY, according to its Form ADV; the September 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

Is Pretium Residential Credit Management, LLC registered with the SEC or a state?

Pretium Residential Credit Management, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 171026.

How much does Pretium Residential Credit Management, LLC manage?

Pretium Residential Credit Management, LLC reports $28,190,774,024 in regulatory assets under management in its Form ADV filing dated August 27, 2026 (100% discretionary).

How have Pretium Residential Credit Management, LLC's assets and staff changed since 2021?

In the Form ADV data for Pretium Residential Credit Management, LLC: Regulatory assets under management: $4,701,970,931 in the October 2021 data and $28,190,774,024 in the October 2026 data, up 500%. Total employees: 68 in October 2021 and 110 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Pretium Residential Credit Management, LLC serve?

By number of clients on Form ADV Item 5.D: other (19); pooled investment vehicles (other than investment companies and business development companies) (17).

Which custodians does Pretium Residential Credit Management, LLC use?

Pretium Residential Credit Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Deutsche Bank Securities Inc. and U.S. Bancorp Investments, Inc. as custodians holding 10% or more of its separately managed account assets.

Does Pretium Residential Credit Management, LLC 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/171026

What changed in Pretium Residential Credit Management, LLC's recent Form ADV filings?

In the April 2026 filing data: Employees performing advisory functions went from 33 to 30. Regulatory assets under management went from $23,233,773,992 to $29,108,380,138 (+25%).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it)

The brochure's wording
With respect to the Funds, PRCM generally charges an annual management fee ranging between 0.75% to 2% (the “Management Fee”).

As stated in the firm's Form ADV Part 2A brochure dated May 7, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site

Regulatory assets under management

Item 5.F
$28,190,774,024

$28,190,774,024 as of October 2026, filing dated August 27, 2026.

Discretionary: $28,190,774,024.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Pooled investment vehicles (other than investment companies and business development companies)
Clients 17 Assets $16,969,065,770 (60%)
Other
Clients 19 Assets $11,221,708,254 (40%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Portfolio management for pooled investment vehicles (other than investment companies)
  • Other

Registration and firm details

Items 1, 2, 5
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2014 (12 years)
Employees
Total: 110. Performing investment advisory functions: 30.
Wrap fee program participation
No.
Custodians (Schedule D, Section 5.K(3))
Deutsche Bank Securities Inc.U.S. Bancorp Investments, 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.

Other offices (Schedule D, Section 1.F)
3 other offices, as of the September 2026 filing
Charlotte, NCMiami, FLMinneapolis, MN
States registered or notice-filed
4 states or jurisdictions
FLMNNCNY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$4.7B 2021 $11.1B 2022 $13.6B 2023 $15.3B 2024 $23.2B 2025 $28.2B 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$28,190,774,024110August 27, 2026
October 2025$23,233,773,992109July 10, 2025
October 2024$15,286,757,829100April 22, 2024
October 2023$13,577,885,791144September 19, 2023
October 2022$11,141,959,480101September 15, 2022
October 2021$4,701,970,93168March 31, 2021

Regulatory assets under management: $4,701,970,931 in the October 2021 data and $28,190,774,024 in the October 2026 data, up 500%.

Total employees: 68 in October 2021 and 110 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Employees performing advisory functions went from 33 to 30.
    • Regulatory assets under management went from $23,233,773,992 to $29,108,380,138 (+25%).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
pretium.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Pretium Residential Credit Management, LLC (CRD 171026): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/pretium-residential-credit-management-llc-new-york-ny-171026