PRIVATE ASSET MANAGEMENT INC
Adviser information for PRIVATE ASSET MANAGEMENT INC last updated from Form ADV on February 27th, 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Washington, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| 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 | 12 | $39.9M |
| Non-Discretionary | 88 | $128.9M |
| Total | 100 | $168.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 38 | $14.5M |
| HNW Individuals | 61 | $124.9M |
| 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 | 0 | $0 |
| Charitable organizations | <5 | $529,005 |
| 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 | $13.2M |
| Other | 7 | $15.7M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 2 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPublication of periodicals or newslettersEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Principal Office
4040 LAKE WASHINGTON BLVD NE#305
KIRKLAND
WA
United States
Monday - Friday, 7:00AM - 4:00PM
Tel: 425-213-1600, Fax: 425-213-1610
Chief Compliance Officer
MICHAEL L. THAYER
CHIEF COMPLIANCE OFFICER
4040 LAKE WASHINGTON BLVD NE
#305
KIRKLAND
WA
United States
Tel:
425-213-1600
Fax:
425-213-1610
M***@***************M
(Full email address available in API data)
Industry Affiliates
| PAM REAL ESTATE GROUP II, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| THAYER, MICHAEL, LAWRENCE | Individual | – | PRESIDENT | 07/1996 | > 75% |
| THAYER, MICHAEL, LAWRENCE | Individual | – | CHIEF COMPLIANCE OFFICER | 10/2004 | 50-75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed October 20th, 2023 for period ending September 30th, 2023
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| Qualcomm Inc. | Common Stock | 35M | 311K | – |
| Apple Inc | Common Stock | 27M | 159K | – |
| Microsoft Corp | Common Stock | 23M | 73K | – |
| Alphabet Inc C | Common Stock | 22M | 166K | – |
| Costco Wholesale Corp | Common Stock | 18M | 32K | – |
| Visa Inc Class A | Common Stock | 16M | 70K | – |
| Amazon.com Inc | Common Stock | 15M | 115K | – |
| Merck & Co Inc | Common Stock | 14M | 140K | – |
| JPMorgan Chase & Co | Common Stock | 14M | 96K | – |
| The Home Depot Inc | Common Stock | 13M | 44K | – |
| Chevron Corp | Common Stock | 13M | 75K | – |
| Micron Technology Inc | Common Stock | 12M | 183K | – |
| Bank of America Corporation | Common Stock | 11M | 388K | – |
| Johnson & Johnson | Common Stock | 10M | 63K | – |
| Berkshire Hathaway Inc B | Common Stock | 9M | 25K | – |
| Pfizer Inc | Common Stock | 9M | 259K | – |
| Oracle Corp | Common Stock | 7M | 70K | – |
| Emerson Electric Co | Common Stock | 6M | 66K | – |
| PepsiCo Inc | Common Stock | 6M | 36K | – |
| Eaton Corp PLC | Common Stock | 6M | 27K | – |
| Raytheon Technologies Ord | Common Stock | 6M | 78K | – |
| Bristol-Myers Squibb Company | Common Stock | 6M | 95K | – |
| Starbucks Corp | Common Stock | 5M | 55K | – |
| Salesforce.com Inc | Common Stock | 5M | 23K | – |
| SPDR S&P 500 ETF | Exchange Traded Funds (ETF) | 5M | 11K | – |
| Procter & Gamble Co | Common Stock | 5M | 31K | – |
| Cisco Systems Inc | Common Stock | 4M | 79K | – |
| NextEra Energy Inc | Common Stock | 4M | 74K | – |
| Gilead Sciences Inc | Common Stock | 4M | 54K | – |
| Welltower Inc Com | Common Stock | 4M | 43K | – |
| Walt Disney Co | Common Stock | 4M | 43K | – |
| Uber Technologies Inc | Common Stock | 4M | 76K | – |
| iShares Core S&P Mid-Cap | Exchange Traded Funds (ETF) | 4M | 14K | – |
| Citigroup Inc | Common Stock | 3M | 81K | – |
| Constellation Brands Inc | Common Stock | 3M | 13K | – |
| Autodesk Inc | Common Stock | 3M | 15K | – |
| Colgate-Palmolive Co | Common Stock | 3M | 42K | – |
| Allstate Corp | Common Stock | 3M | 25K | – |
| Alphabet Inc A | Common Stock | 2M | 19K | – |
| Schlumberger Ltd | Common Stock | 2M | 41K | – |
| Corteva Inc | Common Stock | 2M | 46K | – |
| Realty Income Corp | Common Stock | 2M | 43K | – |
| Southern Co | Common Stock | 2M | 32K | – |
| BlackRock Inc | Common Stock | 2M | 3K | – |
| American Express Co | Common Stock | 2M | 13K | – |
| NXP Semiconductors NV | Common Stock | 2M | 10K | – |
| Novartis Ag | Common Stock | 2M | 19K | – |
| Exxon Mobil Corp | Common Stock | 2M | 16K | – |
| Vanguard S&P 500 Etf | Exchange Traded Funds (ETF) | 2M | 5K | – |
| A S M L Holding Nv | Common Stock | 2M | 3K | – |
| Airbnb Inc | Common Stock | 2M | 11K | – |
| Union Pacific Corp | Common Stock | 2M | 8K | – |
| iShares MSCI EAFE | Exchange Traded Funds (ETF) | 2M | 22K | – |
| Intel Corp | Common Stock | 1M | 41K | – |
| Sempra Energy | Common Stock | 1M | 21K | – |
| Duke Energy Corp | Common Stock | 1M | 16K | – |
| SPDR S&P MidCap 400 ETF | Exchange Traded Funds (ETF) | 1M | 3K | – |
| Wells Fargo & Co | Common Stock | 1M | 33K | – |
| iShares Russell 2000 | Exchange Traded Funds (ETF) | 1M | 7K | – |
| International Business Machines Corp | Common Stock | 1M | 9K | – |
| Technology Select Sector SPDR ETF | Exchange Traded Funds (ETF) | 1M | 7K | – |
| Freeport-McMoRan Inc | Common Stock | 1M | 30K | – |
| CAP ONE FIN 40 DS REP PRF SRS I | Preferred Stock | 1M | 55K | – |
| Caterpillar Inc | Common Stock | 1M | 4K | – |
| BP PLC ADR | Common Stock | 1M | 26K | – |
| Bank of America 4.125 Pfd | Preferred Stock | 967K | 58K | – |
| Ameriprise Financial Inc | Common Stock | 940K | 3K | – |
| iShares California Muni Bond ETF | Exchange Traded Funds (ETF) | 905K | 17K | – |
| New York Community Capital Trust V | Preferred Stock | 875K | 24K | – |
| AT&T Inc | Common Stock | 816K | 54K | – |
| AT&T DS REP 1000 SRS C PRF | Preferred Stock | 727K | 38K | – |
| Sempra Energy Fxd Nt 79 | Preferred Stock | 722K | 32K | – |
| Tesla Motors Inc | Common Stock | 720K | 3K | – |
| SYNCHRONY FINL 40 DS REP SRS A PRF | Preferred Stock | 712K | 44K | – |
| Invesco QQQ ETF | Exchange Traded Funds (ETF) | 661K | 2K | – |
| Keycorp New Dep Shs Pfd F | Preferred Stock | 660K | 34K | – |
| Stryker Corp | Common Stock | 656K | 2K | – |
| AbbVie Inc | Common Stock | 643K | 4K | – |
| Nike Inc B | Common Stock | 632K | 7K | – |
| iShares Core S&P Small-Cap | Exchange Traded Funds (ETF) | 551K | 6K | – |
| Select Sector Spdr Trust The Health Care Select Se | Exchange Traded Funds (ETF) | 547K | 4K | – |
| Abbott Laboratories | Common Stock | 533K | 6K | – |
| Berkshire Hat A 100th | Common Stock | 531K | 100 | – |
| Financial Select Sector SPDR ETF | Exchange Traded Funds (ETF) | 502K | 15K | – |
| Citizens Financial DS REP 1 40 SRS E PRF | Preferred Stock | 488K | 26K | – |
| Sysco Corp | Common Stock | 470K | 7K | – |
| SOUTHERN 2020 SRS C 4 20 JNR SUB NTS | Preferred Stock | 470K | 24K | – |
| CrowdStrike Holdings Inc | Common Stock | 462K | 3K | – |
| Vanguard FTSE Emerging Markets ETF | Exchange Traded Funds (ETF) | 457K | 12K | – |
| Select Sector Spdr Fund Shs Ben Consumer Discretio | Exchange Traded Funds (ETF) | 449K | 3K | – |
| Dr Horton Inc | Common Stock | 425K | 4K | – |
| Nestle SA ADR | Common Stock | 421K | 4K | – |
| ConocoPhillips | Common Stock | 410K | 3K | – |
| BROOKFIELD FINANCE 4 625 SUBORD NTS | Preferred Stock | 402K | 26K | – |
| Verizon Communications Inc | Common Stock | 384K | 12K | – |
| Public Service Enterprise Group Inc | Common Stock | 372K | 7K | – |
| Toronto Dominion Bk Ont Com New | Common Stock | 372K | 6K | – |
| Amgen Inc | Common Stock | 366K | 1K | – |
| McKesson Corp | Common Stock | 345K | 793 | – |
| Communication Services Sel Sect SPDR ETF | Exchange Traded Funds (ETF) | 328K | 5K | – |
| McDonald s Corp | Common Stock | 320K | 1K | – |
| NVIDIA Corp | Common Stock | 316K | 727 | – |
| Select Sector Spdr Trust Shs Ben Int Energy | Exchange Traded Funds (ETF) | 305K | 3K | – |
| Becton Dickinson and Co | Common Stock | 302K | 1K | – |
| Industrial Select Sector SPDR ETF | Exchange Traded Funds (ETF) | 256K | 3K | – |
| Aflac Inc | Common Stock | 255K | 3K | – |
| Schwab US Large-Cap ETF | Exchange Traded Funds (ETF) | 255K | 5K | – |
| Morgan Stanley | Common Stock | 252K | 3K | – |
| Consumer Staples Select Sector SPDR ETF | Exchange Traded Funds (ETF) | 247K | 4K | – |
| Xylem Inc | Common Stock | 245K | 3K | – |
| Southwest Gas Holdings Inc | Common Stock | 242K | 4K | – |
| Vanguard Mid-Cap ETF | Exchange Traded Funds (ETF) | 227K | 1K | – |
| Thermo Fisher Scientific Inc | Common Stock | 223K | 440 | – |
| Wal-Mart Stores Inc | Common Stock | 215K | 1K | – |
| BNY Mellon Strategic Municipal Bond Fund | Closed End Income Funds Non-Taxable | 184K | 37K | – |
| US BANCORP DS REP 1 1000 SRS M PRF | Preferred Stock | 182K | 11K | – |
| CAPITL ONE FN DS RP 1 40TH SRS L PRF | Preferred Stock | 176K | 11K | – |
| Medical Marijuana Inc | Common Stock | 72 | 11K | – |