Pennsylvania Capital Management Inc. is a large advisory firm based in Huntingdon Valley. It manages $346.81 million of regulatory assets for 876 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Louisiana, and 5 other states.
Pennsylvania Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and market timing services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Pennsylvania Capital Management Inc. is $346.81 million. The firm's AUM has grown by 208% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Pennsylvania Capital Management Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 firm provides services to individuals and high net worth individuals. The largest group of clients of Irvin G Schorsch is high net worth individuals with 75 clients and $288.93 million of assets under management. Among the 9 most similar advisory firms, Pennsylvania Capital Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $314.29 million for 137 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Pennsylvania Capital Management doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 4 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 receive compensation from other entities for client referrals.
The principal office where Pennsylvania Capital Management Inc. performs its advisory services is located at 1841 Huntingdon Pike, Huntingdon Valley, PA 19006, which is also the mailing address of the firm. An additional office of the firm is in Meadowbrook, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 215-881-7700 or by fax 215-572-9510. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pcmadvisors.com and its LinkedIn profile.