Pma Asset Management, LLC

CRD#301973
Investment Advisor Firm

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Learn more about Pma Asset Management, LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Pma Asset Management, LLC is located at 2135 Citygate Lane, Naperville, IL. The firm employs 64 financial advisors to manage client portfolios and provide financial guidance. Pma Asset Management, LLC is not a registered broker-dealer.

    Pma Asset Management, LLC oversees $27.0 billion in assets under management across 499 accounts, of which 489 are discretionary and 10 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, and selection of other advisers. The firm caters to a diverse range of investors, including retail investors, high net worth investors, pooled investment vehicles, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, and corporations. The fee structure at Pma Asset Management, LLC is asset-based. The largest client type by accounts is state or municipal government entities. The firm has 10 high net worth clients and maintains affiliations with a broker-dealer or securities dealer.

    Pma Asset Management, LLC is registered in the states of Arizona, Colorado, Florida, Illinois, Iowa, Michigan, Minnesota, Missouri, Nebraska, New York, Oklahoma, Pennsylvania, South Dakota, Texas, and Wisconsin.

    Assets Under Management

    $27.0 billion

    Number of Advisors

    64

    Disclosures

    No

    Office Location

    2135 Citygate Lane
    Naperville, IL 60563

    Pma Asset Management, LLC by the Numbers

    Total Assets Under Management

    $27.0 billion

    National Average: $8.6 billion
    Total Number of Employees

    73

    National Average: 64
    Total Number of Accounts

    499

    National Average: 375,227
    Average Account Size

    $54.1 million

    National Average: $23.0 thousand
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    Products and Services

    Pma Asset Management, LLC provides multiple financial services, which can include portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, and selection of other advisers. However, Pma Asset Management, LLC did not provide financial planning services to any of its clients in the previous financial year. It does not sell products or offer services aside from investment advice to its investment advisory accounts.

    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.

    • 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

    • 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

    Fees charged by financial advisors largely depend on the financial services provided. Fees billed by Pma Asset Management, LLC typically consist of the following fee type: asset-based.

    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.

    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 26% of firms that offer this fee type

      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.

    • 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.

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    Types of Clients

    The company does business with a broad range of investors. The firm provides services to 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 9 clients, Pma Asset Management, LLC's biggest client group by number of accounts is pooled investment vehicles, but it also serves 10 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 in AUM or a net worth of more than $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 6.71%
    • Other Individuals - 6.04%
    • Corporations - 81.88%
    • Charitable Organizations - 5.37%

    * 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

    Jarett Felty
    Naperville, IL
    Brittany Woodruff
    Naperville, IL
    Dean Dibias
    Minneapolis, MN
    Kevin Kulling
    Naperville, IL
    Timothy Flaherty
    Naperville, IL
    Aaron Fricke
    Naperville, IL
    Caleb Walter
    Naperville, IL
    Michael Marino
    Naperville, IL
    John Huber
    Minneapolis, MN

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