Persium Advisors, Llc
- Regulatory AUM
- $584M
- Discretionary
- $584M
- Clients
- 177
- Avg AUM / client
- $3.3M
- Accounts
- 484
- Employees
- 13
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 81 | $29.6M | 5.07% |
| High net worth individuals | 77 | $363M | 62.1% |
| Pension and profit sharing plans | 13 | $180M | 30.9% |
| Charitable organizations | 1 | $709K | 0.12% |
| Corporations and other businesses | 5 | $10.7M | 1.83% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Ist Management Services, Inc. Defined Contribution Plan Innovative Service Technology Management Services, Incorporated | 2024 | |
| Firstbank Holding Company Savings And Esop Firstbank Holding Company | 2024 |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Stephen Lyle Griner | President, Coo, Chief Compliance Officer | CFA | Jan 2010 (17y) | ≈ 14.06% – 50% via Griner Enterprises Holdings, Inc. |
| Patrick Andrew Ungashick | Ceo/Managing Member | Apr 2010 (16y) | ≈ 14.06% – 50% via Pu Consulting, Inc. | |
| Michael Clayton Murray | Registered representative | CFP | Jun 2010 (16y) | |
| Raymond Russell Prophater | Registered representative | Jan 2012 (15y) | ||
| William Carey Bowen | Registered representative | CFP | Jul 2013 (13y) | |
| Joel Thomas Rabanal | Registered representative | Jan 2021 (6y) | ||
| Kimberly Conner Brown | Registered representative | Oct 2023 (3y) | ||
| Alexei Victorovich Lutsayev | Registered representative | May 2024 (2y) | ||
| Francine Payne | Registered representative | Sep 2025 (1y) | ||
| Alison Nicole Gould | Registered representative | Oct 2025 (1y) | ||
| Phillip Nelson | Registered representative | CFA | Jun 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Persium Group, Llc | Parent Company | Jan 2015 | A | 75% or more |
| Griner Enterprises Holdings, Inc. | Member | Jan 2015 | B | ≈ 18.75% – 50% via Persium Group, Llc |
| Pu Consulting, Inc. | Member | Jan 2015 | B | ≈ 18.75% – 50% via Persium Group, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Stephen Lyle Griner: 75% – 100% of Griner Enterprises Holdings, Inc. × 25% – 50% of Persium Group, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Patrick Andrew Ungashick: 75% – 100% of Pu Consulting, Inc. × 25% – 50% of Persium Group, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Griner Enterprises Holdings, Inc.: 25% – 50% of Persium Group, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Pu Consulting, Inc.: 25% – 50% of Persium Group, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Ist Management Services, Inc. Defined Contribution Plan | Innovative Service Technology Management Services, Incorporated | 1,072 | $17.9M | 01/01/2024 |
| Firstbank Holding Company Savings And Esop | Firstbank Holding Company | 2,641 | $651M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 966 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $404M (69% of AUM) Mar 2026
- Gwfs Equities, Inc. $38.5M (15% of AUM) Mar 2022
- Empower Financial Services, Inc. $34.4M (12% of AUM) Jan 2024
- Voya Financial $20.8M (10% of AUM) Aug 2021
- Fidelity Investments Institutional Services Company, Inc. $17.5M (16% of AUM) Nov 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗