Pfm Health Sciences, Lp

CRD#146747
Investment Advisor Firm

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Learn more about Pfm Health Sciences, Lp

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Pfm Health Sciences, Lp operates as a financial advisory company based in San Francisco, California. Pfm Health Sciences, Lp administers $3.3 billion in total assets over nine customer accounts, making it one of the biggest investment advisory firms in the United States by assets under management (AUM). It has a small team, including 9 financial advisors. Pfm Health Sciences, Lp is not a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer company to do so. Securities are defined as exchangable financial assets like bonds, stocks and options.

    Pfm Health Sciences, Lp administers all of its client assets on a discretionary basis. Discretionary management signifies that transaction choices for the client's account are made by a portfolio manager without needing client permission. The advisory firm oversees roughly $363.0 million for each customer account. An average advisor at Pfm Health Sciences, Lp manages about one client account, making it one of the most individualized firms in the country.

    The firm's main office is located at 475 Sansome Street, San Francisco, California 94111. It is allowed to serve investors in the state of California.

    Assets Under Management

    $3.3 billion

    Number of Advisors

    9

    Disclosures

    No

    Office Location

    475 Sansome Street
    San Francisco, CA 94111

    Pfm Health Sciences, Lp by the Numbers

    Total Assets Under Management

    $3.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    23

    National Average: 64
    Total Number of Accounts

    9

    National Average: 375,227
    Average Account Size

    $363.0 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees usually vary depending on which services the firm provides the client. However, fees charged by the company most likely are comprised of the following fee types: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by Pfm Health Sciences, Lp.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      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.

    Unavailable

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

      Hourly

      Show Explanation

      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

      Show Explanation

      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

      Show Explanation

      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 32% of firms that offer this fee type

      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.

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

      Other

      Show Explanation

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

    Back to Overview

    Types of Clients

    It caters to pooled investment vehicles. Out of its nine accounts, Pfm Health Sciences, Lp's biggest client is pooled investment vehicles. Around 22% of its accounts are represented by people from outside of the U.S.

    • 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

    Pfm Health Sciences, Lp does not have any disclosures.

    Please visit its Form ADV for more details.

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