Pma Asset Management, LLC
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Overview
Pma Asset Management, LLC operates as a financial advisory firm headquartered in Naperville, Illinois. The firm controls $20.2 billion in assets under management across 543 accounts, making it one of the biggest financial advisory firms in the country by assets under management (AUM). It has an average-sized team, including 59 financial advisors. Pma Asset Management, LLC is not a registered broker-dealer, meaning the firm cannot 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 tradable fiscal assets like bonds, equities and options.
Pma Asset Management, LLC administers more than half of its accounts in a discretionary manner. Discretionary management means that a portfolio manager makes buy and sell choices for the client's account without needing to seek the customer's approval. The company also oversees 10 non-discretionary accounts with a total of $173.8 million in assets under management. The advisory firm oversees an average of $37.2 million for each account. An average financial advisor at Pma Asset Management, LLC administers about nine client accounts, placing it among the more personalized advisor firms in the country.
The firm's main office is at 2135 Citygate Lane, Naperville, Illinois 60563. Pma Asset Management, LLC is legally permitted to serve customers throughout 15 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Pma Asset Management, LLC by the Numbers
$20.2 billion
69
543
$37.2 million
Products and Services
Pma Asset Management, LLC provides multiple financial services, which can consist of portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients and selection of other advisers. Notably, it did not provide financial planning services to any of its accounts in the previous financial year. The company does not sell products or offer services other than investment advice to its investment advisory customers. It also has a number of financial industry affiliations, including with a broker-dealer or securities dealer and insurance company or agency.
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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Offered by 46% of firms
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
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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.
Fee Structure
Fees charged by financial advisors largely depend on which services the firm provides the client. Fees charged by Pma Asset Management, LLC typically consist of the following fee type: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by Pma Asset Management, LLC.
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
Pma Asset Management, LLC manages money for a broad range of clients. It works with retail investors, high net worth investors, pooled investment vehicles, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, corporations and other. Out of its 543 accounts, Pma Asset Management, LLC's largest client group is state or municipal government entities, but it also caters to 12 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 more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 8.05%
- Other Individuals - 6.04%
- Corporations - 81.21%
- Charitable Organizations - 4.7%
* 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
Pma Asset Management, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Pma Asset Management, LLC
Naperville, IL
Minneapolis, MN
Naperville, IL
Naperville, IL
Minneapolis, MN
Naperville, IL
Naperville, IL
Naperville, IL
Naperville, IL
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