Pear Tree Advisors, Inc.

Pear Tree Advisors, Inc., operating under the aliases Pear Tree Funds and Pear Tree Advisors, is a financial services organization headquartered in the United States. While specific details regarding its core products, service offerings, and market specialization are not publicly disclosed in available materials, the organization operates within the financial advisory sector. Its operational footprint and client base extend to individual consumers, as evidenced by its handling of personal financial data and regulatory notifications. The organization maintains compliance obligations typical of entities managing sensitive client information, including adherence to state-level breach notification laws.

A confirmed cybersecurity incident on May 31, 2023, impacted Pear Tree Advisors through an external system breach. This event compromised personally identifiable information, including names and Social Security Numbers, affecting 6,792 individuals. Among those impacted were 26 residents of Maine, triggering specific regulatory disclosures under that state’s requirements. The organization responded by issuing written notifications to all affected parties and implementing remedial measures to mitigate potential harm. These measures included providing 24 months of identity theft protection services through Experian IdentityWorks, which encompassed credit monitoring, identity restoration support, and insurance coverage of up to $1 million for related losses. The breach underscores the organization’s exposure to cybersecurity risks inherent in handling sensitive client data and its operational reliance on external systems.

No explicit information is available regarding Pear Tree Advisors’ corporate structure, ownership, or subsidiary relationships. The incident response demonstrates adherence to regulatory frameworks governing data breach disclosures and consumer protection in the financial services sector. The provision of identity monitoring services aligns with industry practices for mitigating identity theft risks following unauthorized data exposure. The organization’s actions reflect a focus on regulatory compliance and client remediation in the aftermath of security incidents involving personal information.