Prague Wealth Management, S.R.O. (Prague 2)


Prague Wealth Management, S.R.O. is a large advisory firm based in Prague 2. It manages $217.54 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012.

Prague Wealth Management, S.R.O provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Prague Wealth Management, S.R.O: assets under management

The assets under management (AUM) of Prague Wealth Management, S.R.O. is $217.54 million. $117.54 million of the total AUM is attributable to clients outside of the United States.

Prague Wealth Management, S.R.O has custody of $78.43 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prague Wealth Management, S.R.O. for their services and products based on fixed fees and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Prague Wealth Management, S.R.O serves?

The only and largest group of clients of Prague Wealth Management, S.R.O is investment companies with 3 clients and $37.36 million of assets under management. Among the 9 most similar advisory firms, Prague Wealth Management, S.R.O has the 3rd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $37.36 million for 3 clients. 20% of the firm’s clients are foreign persons or businesses.

Prague Wealth Management, S.R.O doesn't advise any private funds.

Careers at Prague Wealth Management, S.R.O.

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Irma Comstockova Sole managing member, president, chief counsel 1 Jan 2006 75% - 100% 5926800
Craig Comstock Manager, financial advisory 1 Jan 2007 Other 5927422
Karol Suchanek Cco, operations manager 1 May 2012 Other 6065401

Based in Prague 2

The principal office where Prague Wealth Management, S.R.O. performs its advisory services is located at Rímská 526/20, Prague 2, 120 00 The mailing address of the firm is 44 East Camperdown Way, 29601, Greenville, SC 29602. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +42 0 222 866 040 or by fax +42 0 222 866 039. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at pwmanagement.cz.