POPULAR ASSET MANAGEMENT

RIASEC RegisteredEst. 2021

Total AUM

$3.7B

Discretionary

$1.7B

46% of AUM

Avg account

$218M

Accounts

Employees

Advisory reps

Firm details

Headquarters: SAN JUAN, PR
CRD number: 313653
Registered since: April 22, 2021
Custodians: J.P. MORGAN SECURITIES INC., THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: Banking / Thrift Institutions53.72%
Investment Companies39.82%
Pooled Investment Vehicles3%
State / Municipal Government2.86%
Charitable Organizations0.4%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

Popular Asset Management is a privately held limited liability company that operates as an SEC-registered investment adviser since 2021. The firm positions itself as a manager for institutional clients and structures fees as a mix of percentage-of-AUM and fixed fees. Its advisory work spans portfolio management for investment companies, pooled investment vehicles, and institutional or business clients, and it also provides pension consulting services. The firm notes it is not an active ESG investor and is organized as a single-state adviser. Beyond advisory activities, Popular Asset Management appears connected to a broader financial services ecosystem: filings indicate ties or activities with broker-dealers, other investment advisers, registered municipal advisory work, banking or thrift institutions, insurance companies, and pension consulting.