# Prudent Management Associates

> Prudent Management Associates is an SEC-registered investment advisory firm in Philadelphia, PA, registered since 1983, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 16691
- Filed as: PRUDENT MANAGEMENT ASSOCIATES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Philadelphia, PA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/16691
- AdvisorCensus page: https://advisorcensus.com/firm/prudent-management-associates-philadelphia-pa-16691

## Quick answers

**How is Prudent Management Associates compensated?**
On its Form ADV (Item 5.E, October 2026), Prudent Management Associates reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Prudent Management Associates charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Up to $1,000,000: 0.75% a year; $1,000,000 to $5,000,000: 0.65% a year; Above $5,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Prudent Management Associates located?**
Prudent Management Associates' principal office is in Philadelphia, PA, according to its Form ADV.

**Is Prudent Management Associates registered with the SEC or a state?**
Prudent Management Associates is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 16691.

**How much does Prudent Management Associates manage?**
Prudent Management Associates reports $1,228,684,992 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Prudent Management Associates' assets and staff changed since 2021?**
In the Form ADV data for Prudent Management Associates: Regulatory assets under management: $1,101,473,105 in the October 2021 data and $1,228,684,992 in the October 2026 data, up 12%. Total employees: 13 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prudent Management Associates serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (158); individuals (other than high net worth individuals) (52); charitable organizations (14).

**Which custodians does Prudent Management Associates use?**
Prudent Management Associates' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Clearing & Custody Solutions as a custodian holding 10% or more of its separately managed account assets.

**Does Prudent Management Associates report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/16691

**Does Prudent Management Associates state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "PMA generally requires clients to have a minimum of $1 million in investible assets under PMA’s management."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Up to $1,000,000: 0.75% a year
- $1,000,000 to $5,000,000: 0.65% a year
- Above $5,000,000: 0.5% a year

> PMA’s basic fee schedule is as follows: .75% on the first $ 1 million of managed assets .65% on the next $ 4 million .50% of any amount thereafter

- Account minimum: $1,000,000

> PMA generally requires clients to have a minimum of $1 million in investible assets under PMA’s management.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Clearing & Custody Solutions

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,228,684,992
- Discretionary: $1,228,684,992
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 52 | $33,582,514 |
| High net worth individuals | 158 | $971,114,580 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | $58,607,227 |
| Charitable organizations | 14 | $157,783,923 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $7,596,748 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1983 (42 years)
- Employees: 13 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DC, FL, MD, NJ, NY, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- prudentmanagement.com
- LinkedIn @15871482

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,101,473,105 | 13 | March 29, 2021 |
| October 2022 | $1,221,909,235 | 13 | July 1, 2022 |
| October 2023 | $1,024,174,165 | 13 | March 29, 2023 |
| October 2024 | $1,052,758,169 | 13 | March 26, 2024 |
| October 2025 | $1,137,447,848 | 13 | March 27, 2025 |
| October 2026 | $1,228,684,992 | 13 | March 27, 2026 |

Regulatory assets under management: $1,101,473,105 in the October 2021 data and $1,228,684,992 in the October 2026 data, up 12%.
Total employees: 13 in October 2021 and 13 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prudent Management Associates (CRD 16691): Form ADV filing data as of October 2026.