Private Management Group Inc
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Overview
Private Management Group Inc is a financial advisory firm that has its headquarters in Irvine, California. It oversees $3.5 billion in assets under management across 6,222 customer accounts, placing it among the largest firms in the country by assets under management (AUM). The company has a small team, including 15 financial advisors. Private Management Group Inc does not act as a registered broker-dealer, signifying that the firm cannot buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer firm to do so. Securities are defined as exchangable financial investments such as bonds, stocks and options.
Private Management Group Inc manages all of the firm's accounts in a discretionary manner. Discretionary management is a structure in which transaction judgments for the client's account are made by a portfolio manager without requiring the client's consent. The advisory firm's typical account size is $564,182. The typical advisor at Private Management Group Inc administers around 415 client accounts.
The company's central office is located at 15635 Alton Parkway, Irvine, California 92618. Private Management Group Inc is registered to serve clients across 29 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Private Management Group Inc by the Numbers
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/assets@2x.png)
$3.5 billion
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/employees@2x.png)
15
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/accounts@2x.png)
6,222
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/account-size@2x.png)
$564.2 thousand
Fee Structure
Fees for financial management vary depending on which services the firm provides the client. Fees billed by the firm typically consist of the following fee structure: asset-based. The firm does not participate in a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.
Available
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Offered by 69% of firms
Percentage of Assets
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company works with a broad range of investors. The company caters to retail investors, high net worth investors, pension plans, charitable organizations and corporations. Out of its 6,222 clients, Private Management Group Inc's biggest client type by number of accounts is retail investors, although it also serves 769 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 in AUM or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 1% of the firm's clients are non-U.S. persons.
- High-Net-Worth Individuals* - 23.65%
- Other Individuals - 69.92%
- Corporations - 5.48%
- Charitable Organizations - 0.95%
* 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
Private Management Group Inc does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Private Management Group Inc
Irvine, CA
Irvine, CA
Irvine, CA
Irvine, CA
Irvine, CA
Irvine, CA
Irvine, CA
Irvine, CA
Irvine, CA
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