Palley Needelman Asset Management Inc is a large advisory firm based in Newport Beach. It manages $144.87 million of regulatory assets for 111 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Indiana, Louisiana, and 7 other states.
Palley Needelman Asset Management provides portfolio management for individuals and small businesses 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.
The assets under management (AUM) of Palley Needelman Asset Management Inc is $144.87 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Palley Needelman Asset Management Inc for their services and products based on a percentage of assets under management and hourly charges. 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.
Roger Bruce Palley has been acting as President since 1 May 1985.
The principal office where Palley Needelman Asset Management Inc performs its advisory services is located at 800 Newport Center Dr, Newport Beach, CA 92660 6300, 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 949-760-6644 or by fax 949-760-1606. The normal business hours are 7:00 am to 4:30 pm on Monday - Friday.