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Peakstone Financial Advisors
PEAKSTONE FINANCIAL ADVISORS is an SEC-registered investment adviser in Chevy Chase, MD, since 2015. The firm manages approximately $256 million in assets.
Peakstone Financial Advisors
PEAKSTONE FINANCIAL ADVISORS is an SEC-registered investment adviser in Chevy Chase, MD, since 2015. The firm manages approximately $256 million in assets. It has 4 employees and 3 investment advisers.
General information
Firm type
Family Office
Year founded
1993
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Chevy Chase
Corporate office
Chicago, IL, United States
Principals
Matthew V. Morano
President and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Peakstone Financial Advisors?
Matthew V. Morano serves as President and CEO, overseeing all investment decisions for the family office. Under his leadership, the firm manages a concentrated portfolio of direct private equity and commercial real estate positions. Specific investment committee members beyond Morano are not disclosed publicly, reflecting the office's closed, family-centric governance structure.
How does Peakstone source proprietary deal flow?
Peakstone sources almost all deals through the McNulty family's multi-decade network in banking and commercial real estate. The family's former ownership of PrivateBancorp and deep Chicago business relationships create a closed origination pipeline that external managers do not access. This network-driven sourcing model, rather than competitive auctions, defines how the office identifies its direct private equity and real asset investments.
Is Peakstone structured as a single-family office or does it operate more like a venture firm?
Peakstone is a single-family office and does not raise third-party capital or operate as a venture firm. Its mandate covers direct private equity, real estate, and structured credit solely for the McNulty family. The office does not run a fund-of-funds strategy or market itself to external allocators, which keeps it fully aligned with the family's own balance sheet and long-duration investment horizon.
Where does the underlying wealth come from?
The core wealth originated from the McNulty family's multi-generational banking and commercial real estate activities, most notably the 2017 sale of Chicago-based PrivateBancorp to CIBC for roughly $5 billion (per Crain's Chicago Business, 2017). Additional wealth derived from decades of direct commercial property investment across the Midwest. Peakstone was established in 1993 to unify management of these distinct but related pools of capital.
What does Peakstone explicitly avoid in its investment mandate?
Peakstone avoids minority-passive positions in public equities and venture-stage technology, focusing instead on control-oriented private equity and directly owned real estate. The office does not participate in third-party fund commitments or pooled vehicles run by unaffiliated GPs. This exclusion of traditional beta exposure and external manager risk reflects the family's preference for operator-level involvement in every investment.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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