Prudential Investments Fund Management LLC is a large advisory firm based in Newark. It manages $96.76 billion of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 24 other states.
Prudential Investments Fund Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and pension consulting 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.
The assets under management (AUM) of Prudential Investments Fund Management LLC is $96.76 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Prudential Investments Fund Management 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.
The principal office where Prudential Investments Fund Management LLC performs its advisory services is located at 100 Mulberry Street, 14 Th Fl, Newark, NJ 07102, which is also the mailing address of the firm. An additional office of the firm is in Woodland Hills, CA. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 973-802-2991 or by fax 973-367-8663. 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 www.prudential.com/investing.