Risk factors

PJT Partners (PJT) risk factors

Item 1A of every PJT Partners Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    35 risks1 new2 dropped11 reworded

    PJT Partners added specific focus on compliance with SEC, FINRA, and international regulatory net capital requirements and client policies. Cybersecurity risk disclosures expanded regarding client data processing and third-party networks. References to 2024 proxy statements and M&A volume conditions were updated to 2025 and broadened trade policies.

    Filed Feb 26, 2026
  • FY2024 10-K risk factors
    36 risks

    PJT faces intense financial advisory competition and client concentration, with revenue dependent on deal closings and fee-paying client counts.

    Filed Feb 27, 2025