Prudential Investments LLC (Newark)

Name: Prudential Investments LLC
Address: 655 Broad Street, Newark, NJ, 07102
Telephone: 973-367-6608

Prudential Investments LLC is a large advisory firm based in Newark. It manages $265.02 billion of regulatory assets for 201 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 12 other states.

Prudential Investments provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. 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 Investments: assets under management

The assets under management (AUM) of Prudential Investments LLC is $265.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 174% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $265.02 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.32 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prudential Investments LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Prudential Investments LLC

Judy Ann Rice has been acting as President since 1 Jan 2012. Brian Daniel Nee joined the executive team most recently as the Executive President, Chief Financial Officer, Controller.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Francis Gunia	Exec. v.p. & chief admin. officer	1 Sep 1996	Other	1367737
William Vincent Healey	Exec. vp, secretary & chief legal officer	1 Mar 1999	Other	1551214
David Roehner Odenath	President, ceo & coo	1 Jun 1999	Other	872856
Judy Ann Rice	Executive vice president	1 Sep 1999	Other	67215
Lynn Mary Waldvogel	Executive vice president	1 Sep 1999	Other	1367662
Eugene Sandall Stark	Sr.vice president, chief financial officer, and treasurer	1 Sep 1999	Other	1691554
Llc Pifm Holdco	Sole member	1 Jun 2000	75% - 100%	13-1422960
Ajay Sawhney	Executive vice president	1 Jun 2000	Other	4248977
Inc. Pifm Holdco	Sole member	1 Jun 2000	75% - 100%	13-1422960
Marc Levine	Executive vice president	1 Feb 2001	Other	4519910
Catherine Ann Brauer	Executive vice president	1 Feb 2001	Other	2185523
John Laughlin Carter	Executive vice president	1 May 2001	Other	1462908
Kevin Burdick Osborn	Executive vice president	1 Oct 2002	Other	1697127
Stephen Pelletier	Executive vice president	1 Oct 2002	Other	2298624
Philip Nicholas Russo	Executive vice president,cfo and treasurer	1 Oct 2002	Other	4344967
Judy Ann Rice	Officer-in-charge, chief executive officer, chief operating officer & president	1 Feb 2003	Other	67215
Keitha Lee Kinne	Executive vice president	1 Apr 2003	Other	2039630
Shaun Michael Byrnes	Executive vice president	1 Apr 2003	Other	2950855
Lee Duane Augsburger	Senior vice president and chief compliance officer	1 Apr 2003	Other	1657850
Marguerite Howard Morrison	Senior vice president and secretary	1 Apr 2003	Other	1754411
James Gerard Russell	Sr. vice president	1 Mar 2004	Other	1053157
John Fleurant	Exec. vp, cfo and treasurer	1 Mar 2004	Other	2683258
Kenneth Yutaka Tanji	Evp, cfo and treasurer	1 Oct 2004	Other	2485905
Kathryn Loretta Quirk	Exec. v.p., secretary & chief legal officer	1 Aug 2005	Other	2094907
David Bret Master	Director of strategic initiatives	1 Aug 2005	Other	4872851
Kenneth Edward Warman	Cfo, treasurer and controller	1 Aug 2006	Other	4638596
John Noel Drahzal	Director of sales and distribution	1 Aug 2006	Other	2937289
Valerie Simpson	Vice president and chief compliance officer	1 May 2007	Other	4659143
Brian Karl Ahrens	Sr. vice president	1 Oct 2007	Other	1972969
Stuart Sherman Parker	Sr. vice president	1 Oct 2007	Other	1767335
Stuart Sherman Parker	Sr. vice president	1 Nov 2007	Other	1767335
Kurt Byerly	Vice president, finance	1 Mar 2008	Other	5511823
Kurt Joseph Byerly	Executive vice president, chief financial officer, treasurer, controller	1 Mar 2008	Other	5511823
Scott Edward Benjamin	Executive vice president	1 Sep 2009	Other	4385999
Stuart Sherman Parker	Officer-in-charge, chief executive officer, chief operating officer & president	1 Jan 2012	Other	1767335
Judy Ann Rice	Chairman	1 Jan 2012	Other	67215
Raymond Anthony O'hara	Exec. v.p., secretary & chief legal officer	1 Jun 2012	Other	6132961
Raymond Anthony O'hara (Iii)	Exec. v.p., secretary & chief legal officer	1 Jun 2012	Other	6132961
Raymond A O'hara	Exec. v.p., secretary & chief legal officer	1 Jun 2012	Other	6132961
Bruce Karpati	Vice president and chief compliance officer	1 May 2013	Other	6195573
Kevin Charles Buckley	Treasurer	1 Jul 2013	Other	5006172
Kevin Buckley	Treasurer	1 Jul 2013	Other	5006172
Teresa M.G. Gilbreath	Vice president and chief compliance officer	1 Apr 2014	Other	2007450
Jurgen Muhlhauser	Executive vice president, chief financial officer, controller	1 Sep 2014	Other	1733704
Chad Alan Earnst	Vice president and chief compliance officer	1 Sep 2014	Other	6397459
Chad A. Earnst	Vice president and chief compliance officer	1 Sep 2014	Other	6397459
Brian Daniel Nee	Executive president, chief financial officer, controller	1 Aug 2015	Other	6551095

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
The Prudential Asset Management Holding Company	Parent of sole member	1 Jun 2000	75% - 100%	14-1960383
Pgim Holding Company Llc	Parent of sole member	1 Jun 2000	75% - 100%	14-1960383
Inc. Prudential Financial	Owner	1 Dec 2001	75% - 100%	22-3703799

Based in Newark

The principal office where Prudential Investments LLC performs its advisory services is located at 655 Broad Street, Newark, NJ 07102, which is also the mailing address of the firm. An additional office of the firm is in Jacksonville, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-367-6608 or by fax 973-367-7366. The normal business hours are 9:00 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at prudential.com/investments.