Prudent Man Advisors, LLC is a large advisory firm based in Naperville. It manages $6.48 billion of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Colorado, Florida, Illinois, and 5 other states.
Prudent Man Advisors provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Prudent Man Advisors, LLC is $6.48 billion. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Prudent Man Advisors, LLC for their services and products based on a percentage of assets under management. 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 firm provides services to insurance companies, pooled investment vehicles, corporations or other businesses, and state or municipal government entities. The largest group of clients of Prudent Man Advisors is pooled investment vehicles with 7 clients and $5.65 billion of assets under management. Among the 11 most similar advisory firms, Prudent Man Advisors has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $6.48 billion for 32 clients. None of the firm’s clients are foreign persons or businesses.
Prudent Man Advisors doesn't advise any private funds.
The company employs 44 people that are either part- or full-time employees. 84 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Llc Pma Acquisition joined the executive team most recently as the Member.
The principal office where Prudent Man Advisors, LLC performs its advisory services is located at 2135 Citygate Lane, Naperville, IL 60563, which is also the mailing address of the firm. An additional office of the firm is in St. Louis Park, MN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 630-657-6400 or by fax 630-718-8701. The normal business hours are 8:00 am to 4:30 pm cst on Monday - Friday. You can find more information about the New York firm at pmanetwork.com.