Triangle Peak Partners, LP (Carmel)


Triangle Peak Partners, LP is a large advisory firm based in Carmel. It manages $559.42 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Texas.

Triangle Peak Partners provides portfolio management for pooled investment vehicles and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Triangle Peak Partners: assets under management

The assets under management (AUM) of Triangle Peak Partners, LP is $559.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 144% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $559.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $111.88 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Triangle Peak Partners, LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 Triangle Peak Partners serves?

The only and largest group of clients of Triangle Peak Partners is pooled investment vehicles with 5 clients and $559.42 million of assets under management. Among the 6 most similar advisory firms, Triangle Peak Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $559.42 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Triangle Peak Partners also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $2,500,000.

Careers at Triangle Peak Partners, LP

The company employs 10 people that are either part- or full-time employees. 60 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
Michael Creighton Morgan Chairman and chief executive officer; limited partner 1 Apr 2008 Other 5586030
David Laurence Pesikoff President; limited partner 1 Apr 2008 Other 2797240
Dain Flagg Degroff President; limited partner 1 Apr 2008 Other 3102583
Lp Portcullis Investments Limited partner 1 Apr 2008 25% - 50% 26-2399617
Llc Triangle Peak Partners Gp General partner 1 Apr 2008 Other 26-2365194
David Pesikoff President; limited partner 1 Apr 2008 Other 2797240
Llc. Triangle Peak Partners Gp General partner 1 Apr 2008 Other 26-2365194
Scott Michael Bilyeu Chief financial officer; chief compliance officer 1 May 2008 Other 4347248
The Coastal Hacienda Revocable Trust Limited partner 1 Dec 2015 Other xxx-xx-xxxx
Degroff/Schneider Revocable Trust Limited partner 1 Dec 2015 Other xxx-xx-xxxx
1811 Pesikoff Marital Trust Limited partner 1 Dec 2015 Other 47-7356089

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Dain Flagg Degroff Trustee 1 Oct 2005 Other 3102583
Jennifer Lena Schneider Trustee 1 Oct 2005 Other 6623676
Michael Creighton Morgan Trustee 1 Jan 2006 Other 5586030
Christine Rogers Morgan Trustee 1 Jan 2006 Other 6623713
Michael Creighton Morgan Manager 1 May 2007 Other 5586030
Llc Portcullis Gp General partner 1 Apr 2008 Other 76-0690186
Inc. Portcullis Holdings Limited partner 1 Apr 2008 75% - 100% 76-0690168
David Laurence Pesikoff Trustee 1 Jul 2015 Other 2797240

Based in Carmel

The principal office where Triangle Peak Partners, LP performs its advisory services is located at Carmel Plaza, Suite 305, Carmel, CA 93921 The mailing address of the firm is Po Box 3788, Carmel, CA 93921. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 831-998-9540 or by fax 831-622-0435. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at trianglepeakpartners.com.