How does the advisor help clients – Key Takeaways:
PRIMARY ASSET MANAGEMENT, LLC offers a wide range of financial services to help clients meet their financial goals and objectives. These services include investment management, financial planning, and retirement planning. The firm’s financial advisors work closely with clients to develop personalized strategies that align with their specific needs and risk tolerance.
Facts and Insights
PRIMARY ASSET MANAGEMENT, LLC was founded in 2001 and is headquartered in New York City, New York. The firm is a Registered Investment Advisor (RIA) and has been in business for 18 years. It currently has $1.5 billion in assets under management (AUM) and is registered with the Securities and Exchange Commission (SEC).
Assets Under Management, Number of Advisors and Time in Business:
| Year Founded | Advisors | AUM |
|---|---|---|
| 2001 | 12 | $1.5 billion |
Financial Services Offered
PRIMARY ASSET MANAGEMENT, LLC offers a variety of financial services to its clients. These services include:
- Investment management
- Financial planning
- Retirement planning
Client Types
PRIMARY ASSET MANAGEMENT, LLC serves a diverse range of clients, including individuals, families, and institutions. The firm’s clients come from various industries and backgrounds, and its financial advisors work diligently to create tailored strategies for each client’s unique circumstances.
Fees & Compensation
PRIMARY ASSET MANAGEMENT, LLC charges clients based on a percentage of assets under management. This structure aligns the firm’s goals with those of its clients, as the more assets the firm manages, the more it earns. The firm does not receive any commissions or third-party payments, ensuring that its advisors are focused solely on serving their clients’ best interests.
Background
The founders of PRIMARY ASSET MANAGEMENT, LLC have over three decades of combined experience in the financial industry. The firm’s financial advisors are highly educated and hold various credentials, including Certified Financial Planner (CFP) and Chartered Financial Analyst (CFA) designations.
Financial Advisor Disclosures to Know
It is essential to be aware of any potential conflicts of interest when working with a financial advisor. At PRIMARY ASSET MANAGEMENT, LLC, the firm’s advisors follow a fiduciary standard, meaning they are legally bound to act in their clients’ best interests. Additionally, the firm has a comprehensive disclosure document, including any potential conflicts of interest, that is available to clients upon request.