Paamco Prisma, LLC

CRD#108989
Investment Advisor Firm

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Overview

Paamco Prisma, LLC operates as an advisory company located in Newport Beach, California. Paamco Prisma, LLC handles $8.1 billion in assets throughout 83 accounts, making it one of the largest firms in the country by assets under management (AUM). Paamco Prisma, LLC has an average-sized group, including 39 financial advisors. Paamco Prisma, LLC is not a registered broker-dealer, signifying that the company cannot buy and sell securities for its clients' and own accounts and instead has to go through a broker-dealer company to do so. Securities are exchangable fiscal investments such as options, equities and bonds.

Paamco Prisma, LLC administers more than half of the company's accounts in a discretionary manner. Discretionary management means that buy and sell judgments for the client's account are made by a portfolio manager without requiring client authorization. Paamco Prisma, LLC also manages two non-discretionary accounts with a total of $2.7 million in assets under management. The investment advisory firm's typical account size is $98.2 million. The average financial advisor at Paamco Prisma, LLC oversees around two client accounts, placing it among the most individualized financial advisor firms in the country.

Paamco Prisma, LLC's main office is located at 660 Newport Center Drive, Newport Beach, California 92660. It is legally permitted to provide services to clients across a few states, including California and New York.

Assets Under Management

$8.1 billion

Number of Advisors

39

Disclosures

No

Office Location

660 Newport Center Drive
Newport Beach, CA 92660

Paamco Prisma, LLC by the Numbers

Total Assets Under Management

$8.1 billion

National Average: $8.6 billion
Total Number of Employees

45

National Average: 64
Total Number of Accounts

83

National Average: 375,227
Average Account Size

$98.2 million

National Average: $23.0 thousand
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Products and Services

Paamco Prisma, LLC provides multiple services, which can include portfolio management for pooled investment vehicles, portfolio management for institutional clients and selection of other advisers. The company is not involved in selling products or offering services other than investment advisory services to its investment advisory clients. It also has a number of financial industry affiliations, including with a commodity pool advisor.

Core Advisor Services

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    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

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    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

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    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

  • Offered by 20% of firms

    Selection of Other Advisors

    This is the firm's assistance with choosing other advisors to work with who may have different specialties.

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    Publication of Periodicals

    This is the publication of various financial education materials.

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    Educational Seminars/Workshops

    This is the hosting of seminars or workshops to educate investors on financial concepts.

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Fee Structure

A financial advisor's fees vary depending on which services the firm provides the client. However, fees charged by the firm likely are comprised of the following fee types: asset-based, fixed or performance-based. The company does not supply a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.

Available

  • Offered by 69% of firms

    Percentage of Assets

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    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 26% of firms

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Offered by 32% of firms

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

Unavailable

  • Find one of the 21% of firms that offer this fee type

    Hourly

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    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 1% of firms that offer this fee type

    Commissions

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    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 0% of firms that offer this fee type

    Subscription

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    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 10% of firms that offer this fee type

    Other

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    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

Paamco Prisma, LLC caters to pooled investment vehicles, pension plans and state or municipal government entities. Out of its 83 customers, Paamco Prisma, LLC's biggest client group by number of accounts is pooled investment vehicles. About 46% of its clients reside abroad.

  • High-Net-Worth Individuals* - 0%
  • Other Individuals - 0%
  • Corporations - 100%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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Disclosures

Paamco Prisma, LLC does not have any disclosures.

Please visit its Form ADV for more details.

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