<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PIMCO
ADVISORS L.P. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                          54,254
<SECURITIES>                                    11,230
<RECEIVABLES>                                   62,974
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               132,360
<PP&E>                                          10,201<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 373,545
<CURRENT-LIABILITIES>                           68,110
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       304,743<F2>
<OTHER-SE>                                    (11,851)<F3>
<TOTAL-LIABILITY-AND-EQUITY>                   373,545
<SALES>                                              0<F4>
<TOTAL-REVENUES>                               287,161<F5>
<CGS>                                                0<F4>
<TOTAL-COSTS>                                  194,820<F6>
<OTHER-EXPENSES>                                27,007<F7>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 67,735
<INCOME-TAX>                                       834
<INCOME-CONTINUING>                             66,901
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    66,901
<EPS-PRIMARY>                                      .96<F8>
<EPS-DILUTED>                                      .76<F9>
<FN>
<F1>NET OF ACCUMULATED DEPRECIATION AND AMORTIZATION.
<F2>ENTITY IS A PARTNERSHIP.  AMOUNT SHOWN REPRESENTS PARTNERS' CAPITAL.
<F3>AMOUNT SHOWN COMPRISES UNAMORTIZED COMPENSATION.
<F4>THE PARTNERSHIP IS IN THE SERVICE BUSINESS AND HAS NO SALES OR COST OF GOODS
SOLD OF TANGIBLE PRODUCTS.
<F5>AMOUNT SHOWN COMPRISES REVENUES FROM SERVICES.
<F6>AMOUNT SHOWN COMPRISES COSTS OF SERVICES.
<F7>AMOUNT SHOWN IS FROM AMORTIZATION OF INTANGIBLE ASSETS.
<F8>AMOUNT SHOWN IS FOR THE PARTNERSHIP'S GENERAL PARTNER AND CLASS A LIMITED
PARTNER UNITS.
<F9>AMOUNT IS FOR THE PARTNERSHIP'S CLASS B LIMITED PARTNER UNITS.
</FN>