Pinnacle Advisory Group, Inc. (Columbia)

Name: Pinnacle Advisory Group, Inc.
Address: 6345 Woodside Court Suite 100, Columbia, MD, 21046
Telephone: 410-995-6630

Pinnacle Advisory Group, Inc. is a large advisory firm based in Columbia. It manages $1.95 billion of regulatory assets for 5,994 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Colorado, and 18 other states.

Pinnacle Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and publication of newsletters. It prepares financial plans for approximately 1,200 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pinnacle Advisory Group: assets under management

The assets under management (AUM) of Pinnacle Advisory Group, Inc. is $1.95 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 551% since the beginning of its operation, and $12.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.95 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $326.05 thousand each.

Pinnacle Advisory Group has custody of $491.32 million in cash and securities for 597 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is other assets, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pinnacle Advisory Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Robert Hill serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of John Robert Hill is high net worth individuals with 489 clients and $1.24 billion of assets under management. Among the 6 most similar advisory firms, Pinnacle Advisory Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.95 billion for 1,230 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Pinnacle Advisory Group doesn't advise any private funds.

Careers at Pinnacle Advisory Group, Inc.

The company employs 50 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 20 employees are registered as investment adviser representatives with the state securities authorities.

There are 11 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Robert Hill has been acting as President since 1 Jul 2004. Erin Marie Wendell joined the executive team most recently as the Chief Compliance Officer / Controller.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Robert Hill	President	1 Jul 2004	25% - 50%	1356066
Dwight Andrew Mikulis	Vice president	1 Jul 2004	25% - 50%	1010335
Kenneth Reid Solow	Vice president and chief compliance officer	1 Jul 2004	25% - 50%	4373223
Debra Cloud Kriebel	Secretary	1 Jul 2004	Other	4603432
Richard Donald Vollaro	Partner	1 Jan 2008	Other	4004065
Michael Ernest Kitces	Partner	1 Jan 2012	Other	4218831
Joshua Akeroyd Mason	Partner	1 Jan 2013	Other	2594497
Joseph Saldana	Chief operating officer / chief compliance officer	1 May 2014	Other	1507630
Jeffrey Keith Troll	Partner / executive	1 May 2016	Other	4048035
David Brad Kauffman	Partner / executive	1 May 2016	Other	2188590
Erin Marie Wendell	Chief compliance officer / controller	1 Jan 2017	Other	6931071

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kenneth Reid Solow	General partner	1 Jan 1993	25% - 50%	1252721
Dwight Andrew Mikulis	General partner	1 Jan 1993	25% - 50%	1010335
John Robert Hill	General partner	1 Jan 1993	25% - 50%	1356066

Based in Columbia

The principal office where Pinnacle Advisory Group, Inc. performs its advisory services is located at 6345 Woodside Court Suite 100, Columbia, MD 21046, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-995-6630 or by fax 410-381-1628. The normal business hours are 8am-5:30pm m-th, 8am-3pm fri on Monday - Friday. You can find more information about the New York firm at pinnacleadvisory.com.