Prudential Securities Incorporated (New York)

Prudential Securities Incorporated is a large advisory firm based in New York. It manages $1.63 billion of regulatory assets for 202 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New York and Rhode Island.

Prudential Securities Incorporated provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and market timing services. 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 Securities Incorporated: assets under management

The assets under management (AUM) of Prudential Securities Incorporated is $1.63 billion. The firm's AUM has gone down by -97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $582.5 million in discretionary accounts and $1.04 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.04 billion.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prudential Securities Incorporated for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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 Securities Incorporated

David Roehner Jr Odenath has been acting as President since 1 Jan 2000. Rodger Alan Lawson joined the executive team most recently as the Director And Vice Chairman.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 4 indirect owners.

Based in New York

The principal office where Prudential Securities Incorporated performs its advisory services is located at One New York Plaza, New York, NY 10292 2015, 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 212-778-6806 or by fax 212-778-4196. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.prudentialsecurities.com.

Registered investment advisers similar to Prudential Securities Incorporated

• Colony Family Offices
• Gartmore Sa Capital Trust
• Starview Capital Management
• Legg Mason Real Estate Services
• Grosvenor Investment Management Us
• Lofoten Asset Management
• Starbuck Tisdale & Associates
• Prudential Equity Group
• Cain Brothers Asset Management
• Mfn Partners Management
• Oasis Capital Partners (Texas)
• Windrose Advisors
• Permal Capital Management
• William Harris Investors
• Courier Capital