Primm & Co Inc (Cream Ridge)

Primm & Co Inc is a large advisory firm based in Cream Ridge. It manages $101.61 million of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and New Jersey.

Primm & provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Primm &: assets under management

The assets under management (AUM) of Primm & Co Inc is $101.61 million. The firm's AUM has gone down by -37% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $37.13 million in discretionary accounts and $64.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.69 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.89 million.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Primm & Co Inc for their services and products based on a percentage of assets under management and fixed 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 Primm & serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Primm & is high net worth individuals with 23 clients and $101.17 million of assets under management. Among the 6 most similar advisory firms, Primm & has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $101.61 million for 27 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Primm & doesn't advise any private funds.

Careers at Primm & Co Inc

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
William Francis Primm	President & chief compliance officer	1 May 1981	75% - 100%	4326726
Muriel Primm	Vice president	1 May 1988	Other	4389765

Based in Cream Ridge

The principal office where Primm & Co Inc performs its advisory services is located at 90 Arneytown Hornerstown Rd, Cream Ridge, NJ 08514, which is also the mailing address of the firm. An additional office of the firm is in Cameron, MT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 609-758-6502. The normal business hours are 9-4 on Other.