Promethean Asset Management LLC is a large advisory firm based in New York. It manages $66.74 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2006.
Promethean Asset Management provides portfolio management for pooled investment vehicles and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Promethean Asset Management LLC is $66.74 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -75% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Promethean Asset Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The principal office where Promethean Asset Management LLC performs its advisory services is located at 55 Fifth Avenue, New York, NY 10003 4301, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-702-5200 or by fax 212-758-9336. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.prometheancapital.com.