Pwmco, LLC (Lombard)

Pwm 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.

Pwm: assets under management

The assets under management (AUM) of Pwmco, LLC is $666.44 million. The firm's AUM has grown by 931% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $477.52 million in discretionary accounts and $188.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $774.27 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pwmco, LLC 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 Scott Charles Pospisil serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Scott Charles Pospisil is high net worth individuals with 351 clients and $525.87 million of assets under management. Among the 8 most similar advisory firms, Pwm has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $666.44 million for 360 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.

Pwm doesn't advise any private funds.

Careers at Pwmco, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.

Scott Charles Pospisil has been acting as President since 1 Apr 2010. Robert Hunter Perkins joined the executive team most recently as the Chief Investment Officer & Portfolio Manager.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Lombard

The principal office where Pwmco, LLC performs its advisory services is located at 377 E. Butterfield Road, Suite 220, Lombard, IL 60148, 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 312-341-9727 or by fax 312-341-9737. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at pwmco.com.

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