Pt Asset Management, LLC is a large advisory firm based in Chicago. It manages $2.27 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.
Pt Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and educational seminars and workshops. 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 Pt Asset Management, LLC is $2.27 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 130% since the beginning of its operation, and $3.21 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Pt 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 firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Douglas Robert Rothschild is investment companies with 2 clients and $2.09 billion of assets under management. Among the 10 most similar advisory firms, Pt Asset Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $2.21 billion for 4 clients. 8% of the firm’s clients are foreign persons or businesses.
Pt Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 23 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Douglas Robert Rothschild has been acting as President since 1 Aug 2011. Ethan Scott Youderian has served as the Chief Investment Officer since 1 May 2013 and Thomas Jordan is the Chief Executive Officer of Pt Asset Management, LLC family office. Bradley Dale Bonga joined the executive team most recently as the Board Member.
The principal office where Pt Asset Management, LLC performs its advisory services is located at 500 W. Madison, Chicago, IL 60661, 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 312-521-1000 or by fax 312-521-1215. The normal business hours are 8am-5pm cst on Monday - Friday. You can find more information about the New York firm at ptam.com.