RIA · CRD 122768SEC-Registered

Updated:

Pathfinder Advisory

PATHFINDER ADVISORY, INC. is an SEC-registered investment adviser in ROCKFORD, IL, registered since 2026. The firm manages $121 million in assets, $116 million...

Pathfinder Advisory

PATHFINDER ADVISORY, INC. is an SEC-registered investment adviser in ROCKFORD, IL, registered since 2026. The firm manages $121 million in assets, $116 million on a discretionary basis. It has 5 employees and 3 investment advisers.

General information

Firm type

RIA

Year founded

2010

Location

Region

North America

Country

United States

City

Rockford

Corporate office

New York, NY, United States

Principals

David Stiepleman

Founder & Managing Partner

Sector focus

Financial ServicesReal EstateEnterprise SoftwareMedia & Entertainment

Frequently asked questions

Who runs investment decisions at Pathfinder Advisory?

David Stiepleman, the founder and managing partner, is the final decision-maker on all investments. His investment committee structure is flat by design, reflecting the concentrated responsibility he carried as co-head of private markets at Third Point, where he personally led or oversaw major activist and structured investments. Analysts supporting the office operate in a research-forward capacity without independent commitment authority.

How does Pathfinder Advisory source proprietary deal flow?

Sourcing relies heavily on the professional network Stiepleman built during his tenure at Third Point and Wachtell Lipton. The firm operates primarily through direct GP relationships with managers and independent sponsors the founder co-invested alongside or worked against in prior campaigns. Pathfinder does not use an open RFP model or rely on placement agents for primary deal discovery.

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