# Ptma Investment Advisors

> Ptma Investment Advisors is an SEC-registered investment advisory firm in Denver, CO, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.

- CRD: 159189
- Filed as: PTMA INVESTMENT ADVISORS
- Legal name: Public Trust Advisors, LLC
- Also doing business as: PT ADVISORS, LLC, PTMA INVESTMENT ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159189
- AdvisorCensus page: https://advisorcensus.com/firm/ptma-investment-advisors-denver-co-159189

## Quick answers

**How is Ptma Investment Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Ptma Investment Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Ptma Investment Advisors located?**
Ptma Investment Advisors' principal office is in Denver, CO, according to its Form ADV; the May 2026 filing also lists 13 other offices (Schedule D, Section 1.F).

**Is Ptma Investment Advisors registered with the SEC or a state?**
Ptma Investment Advisors is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 159189.

**How much does Ptma Investment Advisors manage?**
Ptma Investment Advisors reports $104,243,535,249 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (95% discretionary).

**How have Ptma Investment Advisors' assets and staff changed since 2021?**
In the Form ADV data for Ptma Investment Advisors: Regulatory assets under management: $48,926,451,391 in the October 2021 data and $104,243,535,249 in the October 2026 data, up 113%. Total employees: 69 in October 2021 and 157 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ptma Investment Advisors serve?**
By number of clients on Form ADV Item 5.D: state or municipal government entities (including government pension plans) (71); pooled investment vehicles (other than investment companies and business development companies) (11).

**Which custodians does Ptma Investment Advisors use?**
Ptma Investment Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon, U.S. Bank and UMB Bank as custodians holding 10% or more of its separately managed account assets.

**Does Ptma Investment Advisors 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/159189

**What changed in Ptma Investment Advisors' recent Form ADV filings?**
In the May 2026 filing data: Changed its office addresses in St. Louis Park, MN. 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
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon
- U.S. Bank
- UMB Bank

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: $104,243,535,249
- Discretionary: $98,915,356,415
- Non-discretionary: $5,328,178,834

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $88,525,116,199 |
| State or municipal government entities (including government pension plans) | 71 | $15,718,419,050 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2011 (14 years)
- Employees: 157 total, 81 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, GA, LA, MI, NY, OH, OK, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Albertville, MN
- Chamblee, GA
- Hopewell Junction, NY
- Lancaster, PA
- Lincoln, NE
- Milwaukee, WI
- Naperville, IL
- Orlando, FL
- Pleasanton, CA
- Richardson, TX
- St Louis, MO
- St. Louis Park, MN
- West des Moines, IA

### Websites listed on Form ADV (Item 1.I)
- californiaclass.com
- colotrust.com
- flclass.com
- michiganclass.org
- ncclass.com
- nebraskaclass.com
- newyorkclass.org
- oklahomaclass.com
- ptma.com
- publictrustadvisors.com
- texasclass.com
- trustindiana.in.gov
- wyomingclass.com
- LinkedIn @california-class
- LinkedIn @floridaclass
- LinkedIn @ptma-financial-solutions
- LinkedIn @publictrust

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $48,926,451,391 | 69 | March 24, 2021 |
| October 2022 | $51,499,621,412 | 70 | July 22, 2022 |
| October 2023 | $64,938,342,319 | 78 | March 31, 2023 |
| October 2024 | $81,139,239,094 | 81 | March 28, 2024 |
| October 2025 | $94,211,094,125 | 93 | July 14, 2025 |
| October 2026 | $104,243,535,249 | 157 | April 30, 2026 |

Regulatory assets under management: $48,926,451,391 in the October 2021 data and $104,243,535,249 in the October 2026 data, up 113%.
Total employees: 69 in October 2021 and 157 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Changed its office addresses in St. Louis Park, MN.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $94,211,094,125 to $104,243,535,249 (+11%).
- Employees performing advisory functions went from 13 to 81.
- Added the business name PT Advisors, LLC.
- Added an office in Albertville, MN.
- Added an office in Lancaster, PA.
- Added an office in Lincoln, NE.
- Added an office in Milwaukee, WI.
- Added an office in St Louis, MO.
- Added an office in St. Louis Park, MN.
- Added an office in West des Moines, IA.
- Updated its list of owners and control persons (Schedule A).

### February 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. Ptma Investment Advisors (CRD 159189): Form ADV filing data as of October 2026.