Prudent Management Associates

Prudent Management Associates is a registered investment adviser established in 1982, offering sophisticated manager selection and asset allocation processes to smaller investors. The firm primarily invests in low-cost, no-load mutual funds and occasionally ETFs, constructing risk-controlled portfolios. Clients can choose from four basic portfolios based on their risk tolerance. The firm's management fee is based on a percentage of assets under management, with a fee schedule ranging from 0.75% to 0.50%. The minimum initial investment is generally $1 million, but exceptions may apply. Clients also pay custodian fees and mutual fund expenses. Prudent Management Associates does not offer performance-based fees and acts as a fiduciary for various client types, including high net worth individuals and institutions. The firm's investment process involves thorough due diligence on funds, ongoing monitoring, and portfolio construction based on client-specific needs. Clients have investment discretion but can rely on the firm's expertise to make informed decisions. Prudent Management Associates does not vote proxies on behalf of clients and has no disciplinary history.