Pinnacle Expands U.S. Presence with New Office in Scottsdale, Arizona

Pinnacle is pleased to announce the opening of its new U.S. West office in Scottsdale, Arizona. This expansion marks a key step in the firm’s North American growth.

The new office strengthens Pinnacle’s ability to serve investment fund managers and family offices across the Western and Midwestern United States. It supports clients who expect accuracy, responsiveness, and high-touch service.

Following the successful 2023 launch of Pinnacle Europe in Valencia, Spain, Alex Chapman has returned to the United States. As Managing Partner of Pinnacle U.S., he will lead the Scottsdale office and deepen relationships across the region.

David Smith, Pinnacle’s Co-Founder, will spend more time in Valencia. He will continue to grow the firm’s European operations and support North American teams through Pinnacle’s global operating model. The Valencia office now includes 12 professionals.

With the addition of Scottsdale, Pinnacle now operates from Westport, Connecticut; Scottsdale, Arizona; Toronto and Vancouver in Canada; and Valencia, Spain. The firm recently surpassed US$50 billion in assets under administration. It also reached a global team of 100 employees.

Client referrals have driven much of Pinnacle’s growth. This reflects the strength of the firm’s people, technology, and culture. Pinnacle supports both closed-ended and open-ended fund structures. It has also expanded into hybrid and evergreen funds, as well as family office services.

“The Western U.S. has been underserved in this space,” said Alex Chapman. “We are excited to bring a service-first approach to the region.”

Pinnacle looks forward to building strong relationships within the Scottsdale business community. The firm remains focused on delivering consistent, high-quality service.