SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Peter Kimmelman Asset Management LP
New York, NY
CRD 133302
Firm filing updated March 31, 2026 ·
- $466.3MAssets
- 52Clients
- 4Advisory staff
- 52Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Pooled vehicles38
- High net worth individuals12
- Corporations or other businesses2
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 12 | $89.6 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 38 | $271.7 million |
| Corporations or other businesses not listed above | 2 | $105.0 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 5 services
- Selection of other advisors (including private fund managers)
- Other: "FUND OF HEDGE FUNDS; FUND OF PRIVATE EQUITY FUNDS"
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Other: "FUND OF HEDGE FUNDS; FUND OF PRIVATE EQUITY FUNDS"
Assets and accounts
- Regulatory assets$466.3 million
- Accounts52
- Discretionary$232.4 million · 37 accounts
- Non-discretionary$233.8 million · 15 accounts
People
- Employees7
- Advisory staff4
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients0
Registration details
- SEC-registered investment advisor. CRD 133302, SEC file 801-65086.
- Registered with the SEC as an investment advisor (status date on record: January 3, 2006).
Is Peter Kimmelman Asset Management LP a fiduciary?
Short answer: Peter Kimmelman Asset Management LP is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.