Pps & V Asset Management Consultants Inc (Portage)

Pps & V Asset Management Consultants Inc is a large advisory firm based in Portage. It manages $143.05 million of regulatory assets for 663 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Florida, Michigan, and Texas.

Pps & V Asset Management Consultants provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pps & V Asset Management Consultants: assets under management

The assets under management (AUM) of Pps & V Asset Management Consultants Inc is $143.05 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $143.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $215.76 thousand each.

Pps & V Asset Management Consultants has custody of $580.38 thousand in cash and securities for 154 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is other assets, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pps & V Asset Management Consultants Inc 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.

What kind of clients Pps & V Asset Management Consultants serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Pps & V Asset Management Consultants is individuals with 616 clients and $78.64 million of assets under management. Among the 10 most similar advisory firms, Pps & V Asset Management Consultants has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $143.05 million for 663 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Pps & V Asset Management Consultants doesn't advise any private funds.

Careers at Pps & V Asset Management Consultants Inc

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Wayne Prior	Officer	1 Sep 1991	25% - 50%	1157501
Daniel Drew Schut	Officer	1 Jan 1992	25% - 50%	1154713
Robert Bruce Vliek	Officer	1 Jan 1992	25% - 50%	1077704
Carl John Pontello	Officer	1 Jan 1992	25% - 50%	732003
Ryan John Vliek	Chief compliance officer	1 Feb 2017	Other	4475459

Based in Portage

The principal office where Pps & V Asset Management Consultants Inc performs its advisory services is located at 2750 Old Centre Ave, Portage, MI 49024, 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 269-321-4444 or by fax 269-321-7708. The normal business hours are 8:30am - 4:30pm on Monday - Friday.