Pacitti Group Inc. (Sarasota)

Name: Pacitti Group Inc.
Address: 4910 Lakewood Ranch Blvd, Sarasota, FL, 34240
Telephone: 941-462-2666

Pacitti Group Inc. is a large advisory firm based in Sarasota. It manages $102 million of regulatory assets for 462 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Florida.

Pacitti Group provides financial planning services, portfolio management for individuals and small businesses, and advisory consulting. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pacitti Group: assets under management

The assets under management (AUM) of Pacitti Group Inc. is $102 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.07 million in discretionary accounts and $935 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $220.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $311.67 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pacitti Group Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gregory Thomas Pacitti serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Gregory Thomas Pacitti is high net worth individuals with 38 clients and $59 million of assets under management. Among the 8 most similar advisory firms, Pacitti Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $102 million for 212 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Pacitti Group doesn't advise any private funds.

Careers at Pacitti Group Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

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

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Thomas Pacitti	President/chief compliance officer	1 Oct 2006	75% - 100%	3258958

Based in Sarasota

The principal office where Pacitti Group Inc. performs its advisory services is located at 4910 Lakewood Ranch Blvd, Sarasota, FL 34240 The mailing address of the firm is P.O. Box 110599, Bradenton, FL 34211. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 941-462-2666. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at pacittigroup.com/.