PRUDENT MANAGEMENT ASSOCIATES
Adviser information for PRUDENT MANAGEMENT ASSOCIATES last updated from Form ADV on March 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Partnership |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Pennsylvania, United States |
Employees
| Total Number of Employees | 13 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 630 | $1.1B |
| Non-Discretionary | 0 | $0 |
| Total | 630 | $1.1B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 61 | $26.8M |
| HNW Individuals | 173 | $836.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 9 | $56.7M |
| Charitable organizations | 15 | $125.9M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $7.1M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
Identifiers
| SEC RIA File Number | 801-20018 |
|---|---|
| SEC ERA File Number | 801-20018 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 16691 |
| Legal Entity Identifier | None |
Principal Office
2001 MARKET STREETSUITE 3910
PHILADELPHIA
PA
United States
Monday - Friday, 9:00 - 5:00
Tel: 215-994-1062, Fax: 215-994-1064
Chief Compliance Officer
SNITZER, PAUL
GENERAL COUNSEL
2001 MARKET STREET
SUITE 3910
PHILADELPHIA
PA
United States
Tel:
2159941062
Fax:
2159941064
P*******@********************M
(Full email address available in API data)
Regulatory Contact
SNITZER, FRED
MANAGING DIRECTOR
2001 MARKET STREET
SUITE 3910
PHILADELPHIA
PA
United States
Tel:
2159941062
Fax:
2159941064
F*******@********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BLUME, MARSHALL E. ASSOCIATES, INC | Domestic Entity | – | GENERAL PARTNER | 06/1983 | 25-50% |
| KEYSTONE DEVELOPMENT SERVICES, INC. | Domestic Entity | – | GENERAL PARTNER | 06/1983 | 25-50% |
| KANTWELL PARTNERS, LLC | Domestic Entity | – | PARTNER | 12/1997 | 10-25% |
| KANTOR, DAVID, BRUCE | Individual | KANTOR HOLDINGS, INC. | OWNER | 09/2016 | > 75% |
| WELLBORN, DAVID, BREWSTER | Individual | KANTWELL PARTNERS, LLC | MEMBER | 12/1997 | 50-75% |
| SNITZER, FRED, DANIEL | Individual | – | MANAGING DIRECTOR | 05/2015 | < 5% |
| SNITZER, FRED, DANIEL | Individual | KEYSTONE DEVELOPMENT SERVICES, INC. | OWNER | 12/2011 | 25-50% |
| SNITZER, PAUL, DAVID | Individual | KEYSTONE DEVELOPMENT SERVICES, INC. | OWNER | 12/2011 | 25-50% |
| SNITZER, ANDREW, E. | Individual | KEYSTONE DEVELOPMENT SERVICES, INC. | OWNER | 12/2011 | 25-50% |
| SOLIT, BARBARA | Individual | KEYSTONE DEVELOPMENT SERVICES, INC. | OWNER | 12/2011 | 25-50% |
| SNITZER, PAUL, DAVID | Individual | – | CHIEF COMPLIANCE OFFICER/GENERAL COUNSEL | 03/2016 | < 5% |
| KANTOR HOLDINGS, INC. | Domestic Entity | KANTWELL PARTNERS LLC | MEMBER | 09/2016 | 50-75% |
| Blume, Loretta | Individual | BLUME, MARSHALL E. ASSOCIATES, INC | OWNER | 06/2019 | > 75% |