Promark Investment Advisors, Inc. (New York)

Name: Promark Investment Advisors, Inc.
Address: 767 Fifth Avenue, New York, NY, 10153
Telephone: (212) 418-6318

Promark Investment Advisors, Inc. is a large advisory firm based in New York. It manages $132.7 billion of regulatory assets for 359 client accounts. It has been registered with the SEC as an adviser since 2009.

Promark Investment Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Promark Investment Advisors: assets under management

The assets under management (AUM) of Promark Investment Advisors, Inc. is $132.7 billion. 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 $124.58 billion in discretionary accounts and $8.11 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $353.93 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.16 billion.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Promark Investment Advisors, 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.

Careers at Promark Investment Advisors, Inc.

Tony Duen Li Kao has served as the Chief Investment Officer since 1 Jan 2009 and Nancy C Everett is the Chief Executive Officer of Promark Investment Advisors, Inc. family office. Walter G. Borst joined the executive team most recently as the Chief Executive Officer & Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Promark Global Advisors	Owner	1 Jan 2001	75% - 100%	13-4140933
General Motors Asset Management	Owner	1 Jan 2001	75% - 100%	13-4140933
Mary Anne Mullin	Chief compliance officer	1 Sep 2005	Other	2162284
David E Hartman	Vice president & general counsel	1 Oct 2005	Other	4230328
Michael Early Klehm	Director, president & chief operating officer	1 Apr 2006	Other	4354347
Nancy C Everett	Chief executive officer	1 Apr 2006	Other	5058842
Charles Gean Preseau	Chief finanical officer & treasurer	1 Apr 2006	Other	5148733
Elizabeth Jane Kale	Director & chief client officer	1 Aug 2008	Other	2984447
Tony Duen Li Kao	Chief investment officer	1 Jan 2009	Other	5705474
Michael Early Klehm	Director, president, chief operating officer, chief financial officer & treasurer	1 Jun 2009	Other	4354347
Walter G. Borst	Chief executive officer & director	1 May 2010	Other	5795642

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
General Motors Company	Shareholder	1 Nov 2000	75% - 100%	27-0383222
General Motors Company	Shareholder	1 Jul 2009	75% - 100%	27-0383222
United States Department Of The Treasury	Shareholder	1 Jul 2009	50% - 75%	n/a

Based in New York

The principal office where Promark Investment Advisors, Inc. performs its advisory services is located at 767 Fifth Avenue, New York, NY 10153, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number (212) 418-6318 or by fax (212) 418-6123. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at promarkglobal.com.