Primecap Management Co (Pasadena)

Name: Primecap Management Co
Address: 177 E Colorado Blvd., Pasadena, CA, 91105
Telephone: 626-304-9222

Primecap Management Co is a large advisory firm based in Pasadena. It manages $127.1 billion of regulatory assets for 43 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Primecap Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Primecap Management: assets under management

The assets under management (AUM) of Primecap Management Co is $127.1 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 300% since the beginning of its operation, and $4.42 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $127.1 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.96 billion each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Primecap Management Co 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 Theofanis A Kolokotrones serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Theofanis A Kolokotrones is investment companies with 2 clients and $115.57 billion of assets under management. Among the 7 most similar advisory firms, Primecap Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $127.1 billion for 25 clients. 9% of the firm’s clients are foreign persons or businesses.

Primecap Management doesn't advise any private funds.

Careers at Primecap Management Co

The company employs 42 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. No 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.

Theofanis A Kolokotrones has been acting as President since 1 Sep 1983. James K Marchetti joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mitchell John Milias	Chairman emeritus	1 Sep 1983	Other	601262
Theofanis A Kolokotrones	Chairman	1 Sep 1983	Other	273551
Howard Bernard Schow	Chairman	1 Sep 1983	25% - 50%	xxx-xx-xxxx
Theofanis Anastasios Kolokotrones	President	1 Sep 1983	25% - 50%	xxx-xx-xxxx
Joel Paul Fried	President	1 Jul 1986	Other	4914523
Alfred Winborne Mordecai	Executive vice president	1 Aug 1997	Other	6046457
Mohammed Mohsin Ansari	Executive vice president	1 Jul 2000	Other	6404138
Kuohsin Karen Chen	Chief compliance officer	1 Oct 2004	Other	4493057
Karen Chen Houghton	Chief compliance officer	1 Oct 2004	Other	4493057
James K Marchetti	Executive vice president	1 Sep 2005	Other	6980557

Based in Pasadena

The principal office where Primecap Management Co performs its advisory services is located at 177 E Colorado Blvd., Pasadena, CA 91105, 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 626-304-9222 or by fax 626-577-1741. The normal business hours are 7:00am to 4:30pm on Monday - Friday. You can find more information about the New York firm at primecapmanagement.com.