Prudential Equity Investors Inc (Parsippany)

Prudential Equity Investors Inc is a large advisory firm based in Parsippany. It manages $194.94 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New Jersey.

Prudential Equity Investors provides 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 Equity Investors: assets under management

The assets under management (AUM) of Prudential Equity Investors Inc is $194.94 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 firm manages $194.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $97.47 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prudential Equity Investors Inc for their services and products based on a percentage of assets under management and performance-based fees. 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 Equity Investors Inc

David J. Locke has been acting as President since 1 Oct 2000. Prudential Trust Company joined the executive team most recently as the Parent Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter R Eckert	Vice president/director	1 Dec 1996	Other	2479764
David J. Locke	President/director	1 Oct 2000	Other	4335031
Walter J. Marx	Vice president/director	1 Oct 2000	Other	4335057
Michael Alan Tharp	Vice president	1 Oct 2000	Other	4231856
Lee D Augsburger	Vice president	1 Nov 2000	Other	1657850
Prudential Trust Company	Parent company	1 Jan 2001	75% - 100%	23-2189568

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Prudential Asset Management Holding Company	Shareholder	1 Jun 2000	75% - 100%	22-3734538
The Prudential Insurance Company Of America	Shareholder	1 Jun 2000	75% - 100%	22-1211670
The Prudential Investment Corporation	Shareholder	1 Jan 2001	75% - 100%	22-2540245

Based in Parsippany

The principal office where Prudential Equity Investors Inc performs its advisory services is located at 8 Campus Drive, 1 St Floor, Parsippany, NJ 07154 4409, 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 973-734-1404 or by fax 973-683-1660. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.