Prudential Bache Asset Management, Inc. (New York)

Prudential Bache Asset Management, Inc. is a large advisory firm based in New York. It manages $429.79 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2008.

Prudential Bache Asset Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Prudential Bache Asset Management: assets under management

The assets under management (AUM) of Prudential Bache Asset Management, Inc. is $429.79 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -95% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $429.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $61.4 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Prudential Bache Asset Management, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Prudential Bache Asset Management, Inc.

Ryan K Byrne has been acting as President since 1 Jun 2008. Llc Jefferies Bache Holdings joined the executive team most recently as the Sole Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Squillace	Vice president	1 Apr 2007	Other	5504616
James Joseph Sullivan	Vice president	1 Jun 2008	Other	2402110
Llc Pfds Holdings	Shareholder	1 Jun 2008	75% - 100%	11-3691290
Donald Richard Levine	Vice president and secretary (functions as chief legal officer)	1 Jun 2008	Other	1280701
Ronald Joseph Ivans	President and director	1 Jun 2008	Other	1077801
Stephen Peter Ilnitzki	Senior vice president and director (functions as chief investment officer)	1 Jun 2008	Other	2570546
Ryan K Byrne	Director	1 Jun 2008	Other	2540646
Kevin Gerard Kennedy	Vice president (functions as chief technology officer)	1 Jun 2008	Other	2254552
Amy Frances Irmiere Marchitto	Vice president and chief compliance officer	1 Jun 2008	Other	1172573
William C Yip	Vice president and financial officer	1 Jun 2008	Other	2013318
Michael Robert Odonnell	Vice president and chief risk officer	1 Jun 2008	Other	709692
Ronald Joseph Ivans	Portfolio manager and director	1 Sep 2009	Other	1077801
Kevin Gerard Kennedy	President and director	1 Sep 2009	Other	2254552
Rupert Andrew Allan	President	1 Feb 2010	Other	5097446
Alexander Henry Ladouceur	Director	1 Feb 2010	Other	4444732
Llc Jefferies Bache Holdings	Sole shareholder	1 Jul 2011	75% - 100%	95-4719745
Michael Sanders Sheehy	Chief compliance officer	1 Jul 2011	Other	5398226

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Prudential Capital And Investment Services Llc	Sole shareholder in indirect owner	1 Nov 1982	75% - 100%	22-2422630
Pruco Inc.	Member	1 Mar 2000	75% - 100%	22-1916652
Inc. Prudential Financial	Sole shareholder of indirect owner	1 Dec 2001	75% - 100%	22-3703799
Llc Prudential Holdings	Sole shareholder of indirect owner (the prudential insurance company of america)	1 Dec 2001	75% - 100%	22-3703799
Inc. Prudential Securities Group	Sole shareholder in direct owner	1 Apr 2004	75% - 100%	22-2379826
Prudential Securities Group Llc	Sole member of direct owner (pfds holdings, llc)	1 Apr 2004	75% - 100%	22-2379826
The Prudential Insurance Company Of America	Sole member of indirect owner (psg holdings, llc)	1 Nov 2008	75% - 100%	22-1211670
Llc Psg Holdings	Sole member of indirect owner (prudential securities group llc)	1 Dec 2008	75% - 100%	22-1211670
Inc. Jefferies Group	Sole member of jefferies bache holdings, llc	1 Jul 2011	75% - 100%	95-4719745

Based in New York

The principal office where Prudential Bache Asset Management, Inc. performs its advisory services is located at One New York Plaza, New York, NY 10292, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-643-2902 or by fax 212-778-4023. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.