How does the advisor help clients – Key Takeaways:
Professional Asset Management, Inc. provides top-notch financial management services to its clients. Here are some key takeaways to consider:
- With over 20 years in business, Professional Asset Management, Inc. has a proven track record of helping clients achieve their financial goals.
- The firm offers a wide range of financial services, including investment management, retirement planning, and tax planning.
- Professional Asset Management, Inc. has a team of experienced and knowledgeable advisors who are dedicated to providing personalized and comprehensive financial solutions.
- The firm serves a diverse range of clients, including high-net-worth individuals, families, and businesses.
- Clients can expect transparent and competitive fees for the exceptional level of service they receive from Professional Asset Management, Inc.
Facts and Insights
Here are some interesting facts and insights about Professional Asset Management, Inc. that you should know:
- Founded in 1998, Professional Asset Management, Inc. has grown to manage over $2 billion in assets.
- The firm has over 50 advisors who have an average of 15 years of experience in the industry.
- Professional Asset Management, Inc. is a registered investment advisor (RIA) with the Securities and Exchange Commission (SEC), which means the firm must abide by strict rules and regulations to protect its clients.
- The firm is headquartered in New York City, but has a network of offices nationwide to better serve its clients.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $2 billion+ | Over 50 | 20+ years |
Financial Services Offered
Professional Asset Management, Inc. offers a wide range of financial services to help clients achieve their financial goals. These services include:
- Investment management and portfolio construction
- Retirement planning and income strategies
- Estate planning and trust services
- Tax planning and preparation
- Insurance and risk management
- Business planning and succession
Client Types
Professional Asset Management, Inc. caters to a diverse range of clients, including:
- High-net-worth individuals and families
- Corporate executives and professionals
- Business owners and entrepreneurs
- Retirees and pre-retirees
- Institutions, including endowments and foundations
Fees & Compensation
Professional Asset Management, Inc. is committed to providing its clients with transparent and competitive fees. The firm follows a fee-based compensation structure, which means that advisors are not paid through commissions on product sales, but rather through a percentage-based fee on the assets they manage for clients. This aligns the advisor’s interests with that of the client, as the advisor is incentivized to help the client’s portfolio grow.
The exact fee percentage varies depending on the services provided and the complexity of the client’s financial situation. The firm takes into consideration the size of the client’s portfolio, the type of account, and the services provided when determining the fee. Clients can expect to receive a detailed fee schedule and explanation of all charges before signing on with Professional Asset Management, Inc.
Background
The roots of Professional Asset Management, Inc. can be traced back to 1998 when the firm was founded in New York City. The initial team consisted of just two advisors, but the firm’s dedication to providing exceptional service quickly attracted new clients and expanded operations. Over the years, the firm has expanded its network of offices nationwide and continues to attract top talent to its team of advisors.
Financial Advisor Disclosures to Know
Before working with a financial advisor, it is important for clients to understand any potential