Platinum Equity Advisors, LLC
Registered investment adviser · Beverly Hills, CA · CRD #161491
Form ADV data as of 2026-09-01Regulatory assets
$47.72 billion
Total accounts
150
Employees
253
Disclosure events
8
Firm details
- Website: https://x.com/platinumequity
- Telephone: 310-712-1850
- SEC file number: 801-73758
- Most recent Form ADV filing: 2026-05-15
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 8 disclosure questions answered Yes, covering 8 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC entered an order in connection with investment-related activity
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
- Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator found the firm caused a business to lose or have its authorization restricted
- Another regulator entered an order in connection with investment-related activity (past 10 years)
- Another regulator denied, suspended, or revoked a registration or restricted activity
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $47.56 billion |
| Non-discretionary regulatory assets under management | $161.4 million |
| Total regulatory assets under management | $47.72 billion |
| Discretionary accounts | 149 |
| Non-discretionary accounts | 1 |
| Total accounts | 150 |
| Regulatory assets under management attributable to non-U.S. persons | $6.09 billion |
People
| Total employees (excluding clerical) | 253 |
| Employees performing investment advisory functions (including research) | 181 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $0 |
| Clients for whom the firm has custody | 0 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $47.56 billion |
| Clients for whom a related person has custody | 149 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 5 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends brokers or dealers to clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Pooled investment vehicles (other than investment companies and BDCs) | 149 | $47.56 billion |
| Other investment advisers | 1 | $161.4 million |