POWER ASSET MANAGEMENT LLC

RIASEC RegisteredEst. 2003

Total AUM

$175M

Discretionary

$175M

100% of AUM

Avg account

$2.2M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Los Angeles, California
CRD number: 128580
Registered since: September 26, 2003
Website: powerassetmanagement.com
Custodians: CHARLES SCHWAB & CO., INC., THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM
Client types: HNWI100%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Power Asset Management LLC is an individual-owned, SEC-registered advisory firm that provides discretionary portfolio management for individuals, families, small businesses and institutional clients. The firm operates on a percentage-of-AUM fee model and focuses its allocations on fixed-income strategies, with a pronounced emphasis on state and local (municipal) bonds. Advisory services include separate managed accounts and portfolio oversight for both private clients and business/institutional sponsors. The firm is not positioned as a capital allocator or an active ESG investor, and it does not advertise broad multi-state adviser activity. Its stated advisory activities center on direct portfolio management rather than fund-of-funds or large-scale third-party manager selection.