Paamco Prisma, LLC (Irvine)

Paamco Prisma provides portfolio management for pooled investment vehicles, 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.

Paamco Prisma: assets under management

The assets under management (AUM) of Paamco Prisma, LLC is $12.7 billion. The firm's AUM has grown by 0% since the beginning of its operation, and $4.53 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $12.52 billion in discretionary accounts and $186.74 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $139.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $93.37 million.

Paamco Prisma has custody of $9.65 billion in cash and securities for 72 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in other assets form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paamco Prisma, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Paamco Prisma serves?

The firm provides services to pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Paamco Prisma is pooled investment vehicles with 59 clients and $7.25 billion of assets under management. Among the 9 most similar advisory firms, Paamco Prisma has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $11.34 billion for 87 clients. 33% of the firm’s clients are foreign persons or businesses.

Paamco Prisma also advises several private funds. Namely, thirty three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $400,000,000.

Careers at Paamco Prisma, LLC

The company employs 117 people that are either part- or full-time employees. 88 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.

Beth Tonge Leon joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 28 indirect owners.

Based in Irvine

The principal office where Paamco Prisma, LLC performs its advisory services is located at 19540 Jamboree Rd, Irvine, CA 92612, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 949-261-4900 or by fax 949-261-4901. The normal business hours are 7 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at paamco.com.

Registered investment advisers similar to Paamco Prisma, LLC

• Rpa Financial
• Royal Alliance Associates
• Frontier Capital Management
• Risk Premium Investment Management Company
• Emerging Markets Management, L.L.C
• Ing Investment Advisors
• Mbia Municipal Investors Services Corp
• Pacific Alternative Asset Management
• Whv Investment Management
• Secor Investment Advisors
• Crestline Management
• Barclays Capital
• Crow Holdings Capital Partners, L.L.C
• Siguler Guff Advisers
• Cgu Asset Management