Prime Solutions Financial Services Corp. (Newtown Square)

Prime Solutions Financial Services Corp. is an adviser based in Newtown Square. It manages $24.2 million of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Pennsylvania and Tennessee.

Prime Solutions Financial Services Corp provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Prime Solutions Financial Services Corp: assets under management

The assets under management (AUM) of Prime Solutions Financial Services Corp. is $24.2 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -78% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $24.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $514.8 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Prime Solutions Financial Services Corp. 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 Prime Solutions Financial Services Corp.

Robert Joseph Walker has been acting as President since 1 Apr 2002. James Richard Smith joined the executive team most recently as the President & Director & Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Joseph Walker	President	1 Apr 2002	50% - 75%	1611512
James Richard Smith	Executive vice president & director	1 Apr 2002	50% - 75%	2912761
James Richard Smith	President & director & chief compliance officer	1 Jun 2006	50% - 75%	2912761

Based in Newtown Square

The principal office where Prime Solutions Financial Services Corp. performs its advisory services is located at 3415 West Chester Pike, Newtown Square, PA 19073, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.