Pia, Lllp

Piedmont Investment Advisory, LLLP provides investment advisory and portfolio management services to high-net-worth individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and pooled investment vehicles. The firm manages both discretionary and non-discretionary accounts and reports approximately $66.4 million in discretionary assets and $5.4 million in non-discretionary assets as of December 31, 2025.

Piedmont says it uses a blend of fundamental and technical research and considers tax implications when selecting publicly traded equities and fixed income securities; equity derivatives are used primarily for hedging. The firm also operates a private investment partnership (Piedmont Partners LP) and discloses policies to address conflicts arising from side-by-side management of performance-fee and non-performance-fee accounts.

What distinguishes Piedmont from many peers is its role as adviser to and related-party general partner of a private fund, with a performance allocation structure that allocates a 20% carried interest above a hurdle tied to the average annual 90‑day Treasury bill and a one-year holding period. The brochure also notes use of equity derivatives, the potential use of soft dollars for research, a $1,000,000 account minimum for management consideration, and that the firm is currently not soliciting new clients.