Placemark Investments, Inc. (Addison)

Name: Placemark Investments, Inc.
Address: 16633 Dallas Parkway, Addison, TX, 75001
Telephone: 972-404-8100

Placemark Investments, Inc. is a large advisory firm based in Addison. It manages $15.72 billion of regulatory assets for 45,139 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Placemark Investments provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and overlay portfolio management. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Placemark Investments: assets under management

The assets under management (AUM) of Placemark Investments, Inc. is $15.72 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 57034% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $15.72 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $348.33 thousand each.

Placemark Investments has custody of $253.21 million in cash and securities for 2,100 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Placemark Investments, Inc. 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.

Careers at Placemark Investments, Inc.

Ronald Earl Pruitt has served as the Chief Investment Officer since 1 Apr 2001 and Levon Chertavian is the Chief Executive Officer of Placemark Investments, Inc. family office. Richard Kevin Dion joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kleiner Perkins Caufield And Byers Holdings	Shareholder	1 Nov 2000	Other	94-3321756
Lp Capital Z Financial Services Fund Ii	Shareholder	1 Nov 2000	25% - 50%	74-2881083
Llc Idealab! Holdings	Shareholder	1 Nov 2000	Other	95-4729649
Inc. Placemark Holdings	Shareholder	1 Nov 2000	75% - 100%	75-2910585
John Randall Bullard	Chief operating officer	1 Apr 2001	Other	4437674
Thomas Joel Cademartori	Senior vp - finance and chief compliance officer	1 Apr 2001	Other	4437686
Ronald Earl Pruitt	Chief investment officer	1 Apr 2001	Other	4437688
Joseph Mrak	Chief technology officer	1 Apr 2001	Other	4437699
Shannon Kendall Ramirez	Marketing	1 Apr 2001	Other	4437700
Levon Chertavian	Chief executive officer	1 Apr 2001	Other	2247150
Levon N/A Chertavian	Chief executive officer	1 Apr 2001	Other	2247150
Richard Kevin Dion	Chief operating officer/chief compliance officer	1 Jan 2003	Other	1347453
John Anthony Ehinger	General counsel/chief compliance officer	1 Oct 2004	Other	4870414
Richard Glenn Blasing	Executive vice president, technology and operations	1 Sep 2005	Other	4737151
Ronald Earl Pruitt	Executive vice president	1 Oct 2014	Other	4437688
Levon Chertavian	Group president	1 Oct 2014	Other	2247150
Richard Kevin Dion	Executive vice president	1 Oct 2014	Other	1347453
Debra Jane Devoe	Svp, chief compliance officer	1 Oct 2014	Other	2372586

Indirect Owners

The SEC currently registers 25 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bill Gross Idealab!	Shareholder	1 Nov 2000	75% - 100%	95-4569774
L.P. Ascent Venture Partners Iv A	Shareholder (preferred a-2, b)	1 Jun 2004	25% - 50%	42-1618292
Llc Ascent Venture Management Iv A	General partner	1 Jun 2004	Other	42-1618287
Llc Idealab! Holdings	Shareholder (preferred a-1)	1 Jun 2004	25% - 50%	95-4729649
Idealab	Shareholder	1 Jun 2004	75% - 100%	95-4569774
Bill Gross	Shareholder	1 Jun 2004	25% - 50%	5002932
Capital Z Partners Ltd.	General partner	1 Jun 2004	Other	foreign entity
Capital Z Partners L.P.	General partner	1 Jun 2004	Other	foreign entity
L.P. Capital Z Financial Services Fund Ii	Shareholder (preferred a-1)	1 Jun 2004	25% - 50%	foreign entity
L.P. North Hill Ventures Ii	Shareholder (preferred a-2, b)	1 Jun 2004	25% - 50%	54-2107386
Gp Llc North Hill Ventures Ii	General partner	1 Jun 2004	Other	51-0459451
Inc. Oakstone Ventures	Shareholder	1 Jun 2004	25% - 50%	54-1760723
Capital One Bank	Shareholder	1 Jun 2004	75% - 100%	54-1719855
Capital One Financial Corporation	Shareholder	1 Jun 2004	75% - 100%	542058720
Royal Bank Of Canada	Shareholder (preferred b)	1 Apr 2005	25% - 50%	11-1111111
L.P. Idg Ventures Atlantic I	Shareholder (preferred d)	1 Nov 2006	25% - 50%	00-0000000
L.P. Idg Ventures Atlantic Ii	Shareholder (preferred d)	1 Nov 2006	25% - 50%	00-0000000
Llc Idg Ventures Atlantic Ii	General partner	1 Nov 2006	Other	00-0000000
Llc Idg Ventures Atlantic I	General partner	1 Nov 2006	Other	00-0000000
The Trustees Of Princeton University	Limited partner	1 Nov 2006	25% - 50%	21-0634501
L.P. Iva Ii Holdings	Limited partner	1 Nov 2006	25% - 50%	20-2652041
L.P. Ascent Venture Partners Iv A	Shareholder (preferred b-1))	1 Oct 2009	25% - 50%	42-1618292
L.P. Idg Ventures Atlantic I	Shareholder (preferred a)	1 Oct 2009	25% - 50%	00-0000000
L.P. Idg Ventures Atlantic Ii	Shareholder (preferred a)	1 Oct 2009	25% - 50%	00-0000000
Inc. Envestnet	Shareholder	1 Oct 2014	75% - 100%	20-1409613

Based in Addison

The principal office where Placemark Investments, Inc. performs its advisory services is located at 16633 Dallas Parkway, Addison, TX 75001, which is also the mailing address of the firm. An additional office of the firm is in Wellesley, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 972-404-8100 or by fax 972-404-9134. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.placemark.com.