DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
Former SEC-registered adviser
Gurtin Municipal Bond Management
Legal name Gurtin Fixed Income Management, LLC
Latest filing Mar 31, 2022
First filing on the tape Apr 3, 2012 · 29 filings
RAUM
$21B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
72%
$15B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
69
25 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$21B as of Mar 31, 2022
Apr 3, 2012$6.3B then
HNW client RAUM$13B as of Mar 31, 2022
Mar 26, 2018$9.6B then
State-registered IARs (5.B.3)19 as of Mar 31, 2022
Apr 3, 20120 then
Employees (5.A)69 as of Mar 31, 2022
Mar 28, 201333 then
Private funds2 as of Mar 31, 2014
Apr 3, 20122 then
RAUM +15% over the last fiscal year+13% a year over threeIARs 19 to 19
Practice profile
derived from the filing of Mar 31, 2022; every figure names its basis
- RAUM per advisor
- $1.1BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 200derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.3MderivedHNW RAUM over HNW clients
- Average account
- $5.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.6derivedItem 5.A over advisors
- Advisors per office
- 9.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.4%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, publications, educational seminarsreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $7.0B, 642 clientsreportedItem 9.A
- Ownership
- controlled by a public reporting companyderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- an independent public accountant performs a surprise examination (9.C.1)
- controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$13B65%
- Corporations and businesses$4.0B19%
- Individuals$1.5B7.1%
- Investment companies$731M3.6%
- Charitable organizations$718M3.5%
- Pooled investment vehicles$227M1.1%
- Insurance companies$12.8M0.1%
- State and municipal entities$5.6M0.0%
- Pension and profit-sharing plans$3.9M0.0%
- Individual clients
- 1,253reported
- HNW clients
- 2,540reported
- Pension plan clients
- n/areported
- Charitable clients
- 23reported
- Accounts
- 4,078reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $1.0M managedreported
- Custody of client assets
- $7.0B for 642 clientsreported
- Compensation
- % of AUMreported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
- James Grandinetti to Cetera Investment Advisers LLCApr 29, 2022 · RIA to affiliated broker-dealer or bank
- Lily Haili Zhang to Westmount Partners, LLCMar 28, 2022 · RIA to RIA
- Jeffery Alan Yorg to Buckingham Strategic Wealth, LLCOct 9, 2019 · RIA to affiliated broker-dealer or bank
- Margaret Stacy Fitzpatrick to Breckinridge Capital Advisors IncDec 11, 2017 · Other
- Steven Scott Simpson to Coastedge Partners, LLCJan 3, 2017 · Other
- Christina Camacho Lynch to Breckinridge Capital Advisors IncNov 16, 2016 · Other
Joined, latest
- Stephanie Ng from OnedigitalFeb 7, 2020 · Other
- Steven Scott Simpson from Morgan Stanley & Co. LLCFeb 1, 2008 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 left for Pacific Investment Management Company LLCApr 29, 2022 · Solana Beach, Ca · Firm absorbed
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Gurtin California Municipal Value Fundno longer reported | Other Private Fund | $83.6M | 62 | Apr 3, 2012 |
| Gurtin National Muni Value Fundno longer reported | Other Private Fund | $55.1M | 51 | Apr 3, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Michael Erik Davidson · Chief Financial Officercontrolsince 01/2015 · owns less than 5%
- Eugene Michael Johnson · Chief Risk Officercontrolsince 01/2019 · owns less than 5%
- Puja Madan · Chief Compliance Officersince 10/2019 · owns less than 5%
Entity owners
- Pacific Investment Management Company LLC · Memberdirect · owns 75% or more · public reporting company
- Allianz Asset Management Of America L.P. · Memberindirect · owns 75% or more of Pacific Investment Management Company LLC
- Allianz Asset Management Of America LLC · Partnerindirect · owns 75% or more of Allianz Asset Management Of America L.P.
- Allianz Se · Sole Stockholderindirect · owns 75% or more of Allianz Europe B.V.
- Allianz Europe B.V. · Sole Stockholderindirect · owns 75% or more of Alllianz Of Amerca, Inc.
- Alllianz Of Amerca, Inc. · Memberindirect · owns 75% or more of Allianz Asset Management Of America LLC
Related persons
Schedule D 7.A
- Acre Ginko Pte. Ltd.investment advisern
- Allianz Global Investors Distributors LLCbroker-dealern
- Allianz Global Investors Gmbhinvestment adviserpooled vehicle sponsorLP sponsorn
- Allianz Global Investors U.S. LLCinvestment adviserbankpooled vehicle sponsornRAUM $5.0B
- Allianz Real Estate (Shanghai) Co., Ltdinvestment advisern
- Allianz Real Estate Asia Pacific Pte. Ltdinvestment advisern
- Allianz Real Estate Gmbhinvestment advisern
- Allianz Real Estate Japan Gkinvestment advisern
- Allianz Sereal estatey
- Areap Core 1 Gp Pte. Ltdpooled vehicle sponsorn
- Newport Re Ltd.real estaten
- Pacific Investment Management Company LLCinvestment adviserbankpooled vehicle sponsoryRAUM $3667B
- Pimco Asia Limitedinvestment advisern
- Pimco Asia Pte Ltd.investment advisern
- Pimco Australia Management Limitedinvestment adviserpooled vehicle sponsorn
- Pimco Australia Pty Ltd.investment advisern
- Pimco Canada Corp.broker-dealerinvestment adviserbankpooled vehicle sponsorn
- Pimco Europe Gmbhbroker-dealerinvestment advisern
- Pimco Europe Ltd.investment advisern
- Pimco Global Advisors (Ireland) Limitedinvestment adviserpooled vehicle sponsorn
- Pimco Global Advisors (Luxembourg) S.A.investment adviserbankpooled vehicle sponsorn
- Pimco Investment Management (Shanghai) Limitedinvestment advisern
- Pimco Investments LLCbroker-dealern
- Pimco Japan Ltd.investment advisern
- Pimco Latin America Administradora De Carteiras Ltda.investment advisern
- Pimco Services, LLCpooled vehicle sponsory
- Pimco Taiwan Limitedinvestment advisern
Offices
Schedule D 1.F, the 25 largest
- Chicago, IL3 employees
What changed
consecutive filings, newest first
- Accounts · 3,760 to 4,078Mar 30, 2021 to Mar 31, 2022
- Charity clients · 20 to 23Mar 30, 2021 to Mar 31, 2022
- Corporate clients · 239 to 228Mar 30, 2021 to Mar 31, 2022
- HNW clients · 2,309 to 2,540Mar 30, 2021 to Mar 31, 2022
- Individual clients · 1,159 to 1,253Mar 30, 2021 to Mar 31, 2022
- Pension plan clients · 1.0 to unsetMar 30, 2021 to Mar 31, 2022
- Pooled vehicle clients · 27 to 24Mar 30, 2021 to Mar 31, 2022
- Assets in custody · $8.5B to $7.0BMar 30, 2021 to Mar 31, 2022
- Discretionary RAUM · $18B to $21BMar 30, 2021 to Mar 31, 2022
- HNW RAUM · $11B to $13BMar 30, 2021 to Mar 31, 2022
- Individual RAUM · $1.5B to $1.5BMar 30, 2021 to Mar 31, 2022
- Non-discretionary RAUM · $60.5M to $45.7MMar 30, 2021 to Mar 31, 2022
- Pension RAUM · $4.2M to $3.9MMar 30, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $191M to $227MMar 30, 2021 to Mar 31, 2022
- RAUM · $18B to $21BMar 30, 2021 to Mar 31, 2022
- Accounts · 3,491 to 3,760Dec 7, 2020 to Mar 30, 2021
- BD registered reps · 7 to 11Dec 7, 2020 to Mar 30, 2021
- Charity clients · 25 to 20Dec 7, 2020 to Mar 30, 2021
- Corporate clients · 235 to 239Dec 7, 2020 to Mar 30, 2021
- HNW clients · 2,163 to 2,309Dec 7, 2020 to Mar 30, 2021
- Individual clients · 1,032 to 1,159Dec 7, 2020 to Mar 30, 2021
- Pension plan clients · unset to 1.0Dec 7, 2020 to Mar 30, 2021
- Pooled vehicle clients · 25 to 27Dec 7, 2020 to Mar 30, 2021
- Assets in custody · $7.5B to $8.5BDec 7, 2020 to Mar 30, 2021
- Employees · 67 to 69Dec 7, 2020 to Mar 30, 2021
- Discretionary RAUM · $15B to $18BDec 7, 2020 to Mar 30, 2021
- HNW RAUM · $9.9B to $11BDec 7, 2020 to Mar 30, 2021
- Individual RAUM · $1.1B to $1.5BDec 7, 2020 to Mar 30, 2021
- Non-discretionary RAUM · $39.0M to $60.5MDec 7, 2020 to Mar 30, 2021
- Pension RAUM · $4.7M to $4.2MDec 7, 2020 to Mar 30, 2021
- Pooled vehicle RAUM · $105M to $191MDec 7, 2020 to Mar 30, 2021
- RAUM · $15B to $18BDec 7, 2020 to Mar 30, 2021
- Wrap assets (manager) · $177M to $1.0MDec 7, 2020 to Mar 30, 2021
- Accounts · 2,597 to 3,491Dec 11, 2019 to Mar 24, 2020
- Advisory employees · 27 to 25Dec 11, 2019 to Mar 24, 2020
- BD registered reps · 9 to 7Dec 11, 2019 to Mar 24, 2020
- Charity clients · 22 to 25Dec 11, 2019 to Mar 24, 2020
- Corporate clients · 214 to 235Dec 11, 2019 to Mar 24, 2020
- HNW clients · 1,708 to 2,163Dec 11, 2019 to Mar 24, 2020
- Individual clients · 626 to 1,032Dec 11, 2019 to Mar 24, 2020
Signals
6 dated events
- James Grandinetti left Gurtin Municipal Bond Management for Cetera Investment Advisers Llc (registered 2023-06-29)Apr 29, 2022 · Advisor changed firm · fact
- Gurtin Municipal Bond Management's advisors moved to Pacific Investment Management Company LLC (Solana Beach, CA): 3 of 4 registered, on the same dayApr 29, 2022 · Firm absorbed (people side) · derived
- Robert William Gurtin (Founder) no longer on Schedule A of Gurtin Municipal Bond Management (listed 2021-03-30, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- Lily Haili Zhang left Gurtin Municipal Bond Management for Westmount Partners, Llc (registered 2020-11-10)Mar 28, 2022 · Advisor changed firm · fact
- Alan Jeffery Yorg (Chief Compliance Officer/Deputy Chief Risk Officer) no longer on Schedule A of Gurtin Municipal Bond Management (listed 2019-01-30, absent 2019-10-08)Oct 8, 2019 · Control person left · inference
- Levinson Kay Gurtin (Trustee) no longer on Schedule A of Gurtin Municipal Bond Management (listed 2018-03-26, absent 2019-01-30)Jan 30, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026