Pegasus Asset Management Inc

RIASEC RegisteredEst. 1963

Total AUM

$554M

Discretionary

$554M

100% of AUM

Avg account

$692K

Accounts

800

Employees

Advisory reps

Firm details

Headquarters: Morristown, New Jersey
CRD number: 104766
Registered since: May 25, 1963
Website: www.pegasusassetmgt.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM
Client types: HNWI74.5%
Other Investment Advisers16.5%
Individuals8.97%
Pension & Profit Sharing Plans0.03%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Pegasus Asset Management Inc. is a small, SEC-registered RIA that has been active since the early 1960s and operates as a corporation owned by an individual. Its client focus is individual and family investors; the firm bills primarily as a percentage of assets under management and provides portfolio management for both individuals/small businesses and for business or institutional clients. Regulatory and firm-level flags indicate Pegasus is not positioned as an ESG investor, is not a multi-state adviser, and does not describe itself as a pension consultant or capital allocator. Filings and asset-class preferences point to an equity-oriented approach: exchange-traded equities and broad-market ETFs make up a large share of the assets Pegasus manages. Investment activity appears concentrated in liquid, publicly traded securities rather than direct private-investment programs.