{
  "crd_number": 159971,
  "slug": "prime-finance-advisor-l-p-san-francisco-ca-159971",
  "primary_business_name": "PRIME FINANCE ADVISOR, L.P.",
  "legal_name": "PRIME FINANCE ADVISOR, L.P.",
  "dbas": [
    "PRIME FINANCE ADVISOR CHICAGO, L.P.",
    "PRIME FINANCE ADVISOR NEW YORK, L.P.",
    "PRIME RESIDENTIAL CAPITAL MANAGEMENT, L.P."
  ],
  "city": "San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-05-19",
  "carried_forward": false,
  "raum_total": 22224814751.0,
  "raum_discretionary": 22224814751.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 185,
  "advisory_employees": 91,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 22224814751.0,
      "count": 73
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "IL"
  ],
  "websites": [
    "https://linkedin.com/company/prime-group",
    "https://linkedin.com/company/primefinance",
    "https://primeapts.com",
    "https://primefinance.com",
    "https://primegrp.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/159971",
  "city_as_filed": "SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/prime-finance-advisor-l-p-san-francisco-ca-159971",
  "display_name": "Prime Finance Advisor, L.P.",
  "summary": "Prime Finance Advisor, L.P. is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 19, 2026.",
  "citation": "AdvisorCensus. Prime Finance Advisor, L.P. (CRD 159971): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Prime Finance Advisor, L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prime Finance Advisor, L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "Where is Prime Finance Advisor, L.P. located?",
      "a": "Prime Finance Advisor, L.P.'s principal office is in San Francisco, CA, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Prime Finance Advisor, L.P. registered with the SEC or a state?",
      "a": "Prime Finance Advisor, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159971."
    },
    {
      "q": "How much does Prime Finance Advisor, L.P. manage?",
      "a": "Prime Finance Advisor, L.P. reports $22,224,814,751 in regulatory assets under management in its Form ADV filing dated May 19, 2026 (100% discretionary)."
    },
    {
      "q": "How have Prime Finance Advisor, L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Prime Finance Advisor, L.P.: Regulatory assets under management: $13,110,972,212 in the October 2021 data and $22,224,814,751 in the October 2026 data, up 70%. Total employees: 81 in October 2021 and 185 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prime Finance Advisor, L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (73)."
    },
    {
      "q": "Does Prime Finance Advisor, L.P. 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/159971"
    },
    {
      "q": "What changed in Prime Finance Advisor, L.P.'s recent Form ADV filings?",
      "a": "In the June 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 13110972212.0,
      "total_employees": 81,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 15972465566.0,
      "total_employees": 101,
      "filing_date": "2022-05-20"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 18496883621.0,
      "total_employees": 138,
      "filing_date": "2023-05-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 18593206956.0,
      "total_employees": 151,
      "filing_date": "2024-03-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 20507656813.0,
      "total_employees": 169,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 22224814751.0,
      "total_employees": 185,
      "filing_date": "2026-05-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Prime Residential Advisor, LLC.",
        "Added the business name Prime Residential Capital Management, L.P..",
        "Employees performing advisory functions went from 99 to 91.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/prime-finance-advisor-l-p-san-francisco-ca-159971.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 73,
      "fewer_than_5": false,
      "raum": 22224814751.0
    }
  ],
  "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/159971",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}