Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total AUM
Total Accounts
10Y AUM Change
Private Funds
Private funds reported by Pinnacle Asset Management, L.P.
Loading private fund disclosures…
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees
Clients per Employee
10Y Employee Change
Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.
Ownership
Reported direct and indirect ownership ranges
Each range applies to a separate reported relationship and should not be added together.
Reported ownership ranges
Highlighted bands show the percentage range reported in Form ADV.
0%25%50%75%100%
JASON M KELLMANDirect owner · Schedule AInterest in PINNACLE ASSET MANAGEMENT, L.P.
25% to < 50%
SCOTT LEE KELLMANDirect owner · Schedule AInterest in PINNACLE ASSET MANAGEMENT, L.P.
10% to < 25%
NGI STRATEGIC HOLDINGS (A) LPDirect owner · Schedule AInterest in PINNACLE ASSET MANAGEMENT, L.P.
10% to < 25%
RAM PEAK, LLCDirect owner · Schedule AInterest in PINNACLE ASSET MANAGEMENT, L.P.
10% to < 25%
MARCEL N MASSIMBDirect owner · Schedule AInterest in PINNACLE ASSET MANAGEMENT, L.P.
5% to < 10%
PINNACLE ASSET MANAGEMENT, LLCDirect owner · Schedule AInterest in PINNACLE ASSET MANAGEMENT, L.P.
< 5%
DONNELL ANTHONY SEGALASDirect owner · Schedule AInterest in PINNACLE ASSET MANAGEMENT, L.P.
< 5%
NGI STRATEGIC HOLDINGS II, INC.Indirect owner · Schedule BInterest in NGI STRATEGIC HOLDINGS (A) LP
75%+
NGI STRATEGIC HOLDINGS II, INC.Indirect owner · Schedule BInterest in NGI STRATEGIC HOLDINGS GP LLC
75%+
NGI STRATEGIC HOLDINGS I, INC.Indirect owner · Schedule BInterest in NGI STRATEGIC HOLDINGS II, INC.
75%+
NAVIGATOR GLOBAL INVESTMENTS LIMITEDIndirect owner · Schedule BInterest in NGI STRATEGIC HOLDINGS I, INC.
75%+
ROPART INVESTMENTS, LLCIndirect owner · Schedule BInterest in RAM PEAK, LLC
50% to < 75%
JASON M KELLMANIndirect owner · Schedule BInterest in PINNACLE ASSET MANAGEMENT, LLC
25% to < 50%
ROBERT B. GOERGEN LIVING TRUSTIndirect owner · Schedule BInterest in ROPART INVESTMENTS, LLC
25% to < 50%
Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Pinnacle Asset Management, L.P..
Reported ownership and control details
Form ADV · Filing date 2026-08-04 · Schedules A and B
| # | Owner / person & role | Interest in entity | Reported interest | Control person | Title / status acquired | Source |
|---|---|---|---|---|---|---|
| 1 | PINNACLE ASSET MANAGEMENT, LLCGENERAL PARTNERDomestic entity | PINNACLE ASSET MANAGEMENT, L.P. | Less than 5%Code NA | Yes | GENERAL PARTNER07/2003 | Schedule APDF page 96 |
| 2 | DONNELL ANTHONY SEGALASMANAGING PARTNER/CHIEF EXECUTIVE OFFICER/LIMITED PARTNERIndividual | PINNACLE ASSET MANAGEMENT, L.P. | Less than 5%Code NA | Yes | MANAGING PARTNER/CHIEF EXECUTIVE OFFICER/LIMITED PARTNER12/2003 | Schedule APDF page 96 |
| 3 | JOHN JOSEPH LEECHIEF FINANCIAL OFFICERIndividual | PINNACLE ASSET MANAGEMENT, L.P. | Less than 5%Code NA | Yes | CHIEF FINANCIAL OFFICER06/2004 | Schedule APDF page 96 |
| 4 | MARCEL N MASSIMBPARTNER AND HEAD OF RISK AND RESEARCHIndividual | PINNACLE ASSET MANAGEMENT, L.P. | 5% to less than 10%Code A | No | PARTNER AND HEAD OF RISK AND RESEARCH05/2004 | Schedule APDF page 96 |
| 5 | JASON M KELLMANMANAGING PARTNER/CHIEF INVESTMENT OFFICER/LIMITED PARTNERIndividual | PINNACLE ASSET MANAGEMENT, L.P. | 25% to less than 50%Code C | Yes | MANAGING PARTNER/CHIEF INVESTMENT OFFICER/LIMITED PARTNER12/2005 | Schedule APDF page 96 |
| 6 | SCOTT LEE KELLMANMANAGING PARTNER/LIMITED PARTNERIndividual | PINNACLE ASSET MANAGEMENT, L.P. | 10% to less than 25%Code B | Yes | MANAGING PARTNER/LIMITED PARTNER03/2006 | Schedule APDF page 96 |
| 7 | NGI STRATEGIC HOLDINGS (A) LPLIMITED PARTNERDomestic entity | PINNACLE ASSET MANAGEMENT, L.P. | 10% to less than 25%Code B | No | LIMITED PARTNER02/2021 | Schedule APDF page 96 |
| 8 | RAM PEAK, LLCLIMITED PARTNERDomestic entity | PINNACLE ASSET MANAGEMENT, L.P. | 10% to less than 25%Code B | No | LIMITED PARTNER12/2013 | Schedule APDF page 96 |
| 9 | JOSEPH MAURICE DIBARTOLOCHIEF COMPLIANCE OFFICERIndividual | PINNACLE ASSET MANAGEMENT, L.P. | Less than 5%Code NA | No | CHIEF COMPLIANCE OFFICER07/2026 | Schedule APDF page 96 |
| 10 | KRISTIN PERNOLL HINSONGENERAL COUNSEL AND CHIEF OPERATING OFFICERIndividual | PINNACLE ASSET MANAGEMENT, L.P. | Less than 5%Code NA | Yes | GENERAL COUNSEL AND CHIEF OPERATING OFFICER07/2026 | Schedule APDF page 96 |
| 11 | JASON M KELLMANMANAGING MEMBERIndividual | PINNACLE ASSET MANAGEMENT, LLC | 25% to less than 50%Code C | Yes | MANAGING MEMBER12/2005 | Schedule BPDF page 96 |
| 12 | SCOTT LEE KELLMANMANAGING MEMBERIndividual | PINNACLE ASSET MANAGEMENT, LLC | Percentage not specifiedCode F | Yes | MANAGING MEMBER03/2006 | Schedule BPDF page 96 |
| 13 | DONNELL ANTHONY SEGALASMANAGING MEMBERIndividual | PINNACLE ASSET MANAGEMENT, LLC | Percentage not specifiedCode F | Yes | MANAGING MEMBER12/2003 | Schedule BPDF page 97 |
| 14 | ROPART INVESTMENTS, LLCMEMBERDomestic entity | RAM PEAK, LLC | 50% to less than 75%Code D | Yes | MEMBER04/2012 | Schedule BPDF page 97 |
| 15 | ROBERT B. GOERGEN LIVING TRUSTMEMBERDomestic entity | ROPART INVESTMENTS, LLC | 25% to less than 50%Code C | Yes | MEMBER12/1994 | Schedule BPDF page 97 |
| 16 | ROBERT B. (MI ONLY) GOERGENTRUSTEEIndividual | ROBERT B. GOERGEN LIVING TRUST | Percentage not specifiedCode F | Yes | TRUSTEE09/1991 | Schedule BPDF page 97 |
| 17 | NGI STRATEGIC HOLDINGS GP LLCGENERAL PARTNERForeign entity | NGI STRATEGIC HOLDINGS (A) LP | Percentage not specifiedCode F | Yes | GENERAL PARTNER02/2021 | Schedule BPDF page 97 |
| 18 | NGI STRATEGIC HOLDINGS II, INC.LIMITED PARTNERDomestic entity | NGI STRATEGIC HOLDINGS (A) LP | 75% or moreCode E | Yes | LIMITED PARTNER02/2021 | Schedule BPDF page 97 |
| 19 | NGI STRATEGIC HOLDINGS II, INC.MANAGING MEMBERDomestic entity | NGI STRATEGIC HOLDINGS GP LLC | 75% or moreCode E | Yes | MANAGING MEMBER02/2021 | Schedule BPDF page 97 |
| 20 | NGI STRATEGIC HOLDINGS I, INC.SHAREHOLDERDomestic entity | NGI STRATEGIC HOLDINGS II, INC. | 75% or moreCode E | Yes | SHAREHOLDER02/2021 | Schedule BPDF page 97 |
| 21 | NAVIGATOR GLOBAL INVESTMENTS LIMITEDSHAREHOLDERForeign entity | NGI STRATEGIC HOLDINGS I, INC. | 75% or moreCode E | Yes | SHAREHOLDER02/2021 | Schedule BPDF page 97 |
Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.
Compliance & Disclosures
Filing dated 8/4/2026 11:43:22 AM
Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.
RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No
In the past ten years, have you or any advisory affiliate:
- A1Been convicted of or pleaded guilty or no contest to a felony?No
- A2Been charged with a felony?No
BMisdemeanors2 No
In the past ten years, have you or any advisory affiliate:
- B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
- B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No
Has the SEC or CFTC ever:
- C1Found you or an advisory affiliate made a false statement or omission?No
- C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
- C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
- C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
- C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No
Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:
- D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
- D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
- D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
- D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
- D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No
Has a self-regulatory organization or commodities exchange ever:
- E1Found you or an advisory affiliate made a false statement or omission?No
- E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
- E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
- E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
- FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
- GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No
(1) Court actions
Has a domestic or foreign court:
- H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
- H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
- H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No
(2) Pending civil proceedings
- H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.