What Pine Advisor Solutions does

PINE Advisor Solutions is a Denver-based outsourced professional services firm founded in 2018 that provides institutional-quality compliance, fund officer, CFO, distribution, and operations support to U.S. asset managers. The firm operates six interconnected service modules — Adviser CCO Services, Adviser Compliance Support, Distribution Services (delivered through wholly-owned FINRA limited-purpose broker-dealer PINE Distributors LLC), Operations Support, Private Fund CFO, and Registered Fund Officer Solutions (Fund CCO/PFO) — targeted at investment advisers and sponsors of registered funds (mutual, interval, closed-end), ETFs, and private funds.

The technology stack is deliberately lean: PINE is positioned as a services firm rather than a technology company and relies on third-party compliance portals for regulatory filings, advertising review submissions, and client management rather than proprietary platforms. Its underlying assets are people and licenses — a leadership bench recruited from the SEC's Division of Exams, SS&C ALPS, ACA Foreside, Janus Capital/Henderson, Black Creek, and major custodians — and the FINRA member broker-dealer subsidiary that enables statutory fund distribution and ETF authorized participant coordination.

Revenue is generated on customized, engagement-based retainers across fee-for-service and recurring mandates, with pricing not publicly disclosed. The firm sells through a relationship-based B2B go-to-market (direct sales, referrals, industry conferences, content marketing) into a fragmented base of registered advisers, ETF sponsors, and private fund managers. PINE was acquired by Luxembourg-based Centralis Group, backed by HGGC, in February 2026 (pending regulatory approvals, expected to close early Q2 2026), creating a transatlantic fund services platform with $50B+ in assets under advisement supported across 100+ fund structures and $25B+ in ETF assets distributed via the broker-dealer.

Name

Pine Advisor Solutions

Legal name

PINE Advisor Solutions

Website

https://pineadvisorsolutions.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

PINE Advisor Solutions is a Denver-based outsourced compliance, CFO, fund officer, distribution, and operations services firm serving U.S. investment advisers and sponsors of registered, ETF, interval, closed-end, and private funds across 100+ structures and $50B+ in assets.

Ownership category

akta.pro rank

Product category

Asset Management Compliance and Fund Services

NAICS

Management Consulting Services (54161), Management, Scientific, and Technical Consulting Services (5416), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Institutional Consultants & Fiduciary Management (Investment Consulting) (FSAAAGAJ)

akta.pro secondary industries

Distribution Support & Dealer Services (Commissions/Trails, Agreements, Data Feeds) (FSAAAMAJ), Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

Keywords

• Outsourced compliance services
• Fund administration services
• Asset management compliance
• Fund officer services
• Broker-dealer distribution

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

1. Compliance Services Revenue: PINE generates revenue through providing outsourced Chief Compliance Officer (CCO) services, adviser compliance support, and fund compliance programs to investment advisers and fund managers on a contractual basis.
2. CFO & Financial Operations Services: Revenue from providing outsourced CFO services, fund accounting oversight, financial reporting, and NAV review for registered and private funds.
3. Distribution Services: Revenue from broker-dealer distribution services through PINE Distributors LLC, including ETF distribution, authorized participant coordination, and distribution oversight for mutual funds, closed-end funds, and ETFs.
4. Operations Support Services: Revenue from providing middle and back-office operational support including trade support, reconciliation, reporting, and process optimization.
5. Fund Officer Services: Revenue from serving as Fund CCOs, Principal Financial Officers, and providing board governance support and regulatory filing oversight.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Pine Advisor Solutions provides institutional-quality outsourced leadership and operational support to asset managers. The firm delivers outsourced Chief Compliance Officer (CCO) services, CFO and financial operations support, fund officer solutions (Fund CCO and Principal Financial Officer), distribution and broker-dealer services through its affiliate PINE Distributors LLC, and middle/back-office operations support for registered funds, ETFs, private funds, and other pooled investment vehicles.

Product overview

PINE Advisor Solutions provides institutional-quality outsourced compliance, fund officer, CFO, distribution, and operations support services to asset managers. The company operates as a unified service platform offering six interconnected service modules: Adviser Chief Compliance Officer Services, Adviser Compliance Support Services, Distribution Services (via PINE Distributors LLC), Operations Support Services, Private Fund Chief Financial Officer, and Registered Fund Officer Solutions. These services serve asset managers across Registered Funds (Mutual, Interval & Closed-End), ETFs, Private Funds, and other Pooled Investment Vehicles, enabling clients to outsource non-investment operational, accounting, and regulatory functions.

Differentiator

Problem solved

Functional benefit

Products and services

• Adviser Chief Compliance Officer Services Outsourced Chief Compliance Officer services for SEC and state-registered investment advisers, including compliance program development, annual reviews, regulatory examination preparation, and policy development. Designed for investment advisory firms that need experienced compliance leadership without hiring a full-time CCO.
• Adviser Compliance Support Services Compliance support services for investment advisers, including risk assessments, policy and procedure development, compliance training, and regulatory filings. Aimed at SEC and state-registered advisers needing supplementary compliance expertise.
• Distribution Services Statutory distribution and broker-dealer solutions for mutual funds, closed-end funds, and ETFs, including legal underwriter, principal distributor, FINRA advertising and marketing review, intermediary and selling agreements, ETF authorized participant and market maker coordination, and placement marketing support for private fund sponsors. Delivered through PINE Distributors LLC, with over $25 billion in ETF assets distributed through the platform.
• Operations Support Services Middle and back-office operational support for asset managers, including trade capture and allocation, internal and client reporting, reconciliations, trade settlement, performance tracking, process documentation, service provider oversight, technology vendor management, and operational process design and optimization.
• Private Fund Chief Financial Officer Outsourced CFO services for private funds including fund accounting oversight, NAV review, financial reporting, audit coordination, investor reporting, management company bookkeeping, budgeting, expense management, and vendor oversight. Built for hedge funds, private equity funds, and other pooled investment vehicles.
• Registered Fund Officer Solutions Fund Chief Compliance Officer and Principal Financial Officer services for 1940 Act registered products including registered mutual funds, interval funds, closed-end funds, and ETFs, with governance, regulatory filing oversight (N-CEN, N-PORT, N-CSR), board support, and independent trustee and director services.

Quantifiable outcome

• Supports over $50 billion in assets under advisement
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SS&C Technologies (SS&C ALPS): SS&C Technologies (through its ALPS subsidiary) is the most direct competitor to PINE, offering fund administration, outsourced CCO/PFO services, broker-dealer distribution, and ETF servicing. Multiple PINE senior leaders previously worked at SS&C ALPS, and the two firms compete head-to-head for the same asset manager clients across registered fund and private fund services.
• ACA Group (ACA Foreside): ACA Group, through its Foreside subsidiary, is a primary competitor to PINE Distributors LLC in ETF distribution, broker-dealer services, FINRA advertising review, and statutory fund underwriting. PINE's distribution leadership (Mark Fairbanks, Sue Moscaritolo, Diana Manduca, Daryn Levesque) all came from ACA Foreside, indicating direct competitive overlap.
• Ultimus Fund Solutions: Ultimus Fund Solutions provides mutual fund, ETF, and closed-end fund administration, transfer agency, and fund accounting services, competing with PINE in CFO/financial operations services for registered funds. Both firms serve small to mid-market asset managers seeking outsourced fund servicing alternatives to the largest administrators.
• Cipperman Compliance Services: Cipperman Compliance Services specializes in outsourced CCO services, compliance program development, and regulatory consulting for investment advisers, directly competing with PINE's Adviser Compliance Support Services and Adviser CCO offerings for SEC-registered investment advisers.
• National Regulatory Services (NRS): National Regulatory Services provides compliance consulting, regulatory training, and outsourced CCO services to investment advisers and broker-dealers, competing directly with PINE's compliance support and outsourced CCO offerings in the investment adviser segment.
• Fairview Investment Services: Fairview Investment Services provides outsourced compliance support and relationship management for SEC-registered investment advisers, with multiple PINE team members (Justin Long, Caleb Chambers) coming from Fairview, indicating direct competitive overlap in adviser compliance services.
• Mainstream Group (MainstreamBPO): Mainstream Group provides fund administration, CFO services, and operational support to hedge funds, private equity funds, and pooled investment vehicles, directly competing with PINE's Private Fund CFO and Operations Support Services modules.

Broad incumbents

• BNY Mellon Investment Servicing: BNY Mellon is a broad incumbent offering comprehensive fund accounting, administration, custody, and compliance services to global asset managers. PINE competes for mid-market mandates where clients seek a more focused alternative to BNY's enterprise platform, though BNY dominates the largest institutional relationships.
• Citi Fund Services: Citi Fund Services (part of Citigroup) is a broad incumbent in fund administration, custody, and operational services, competing with PINE primarily in the larger registered fund and ETF market segments. Cory Gossard, PINE's Head of Fund CCO Services, spent 18 years at Citibank.

Emerging players

• MG Stover & Co. MG Stover & Co. provides fund accounting and administration services including digital asset accounting, overlapping with PINE's Private Fund CFO Services. PINE's Jake Sundling (Head of CFO Closed-End) previously worked at MG Stover, indicating some peer overlap in the alternative fund services market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pine-advisor-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pine Advisor Solutions