Pratt Collard Advisory Partners, LLC (Buffalo)

Name: Pratt Collard Advisory Partners, LLC
Address: 120 West Tupper Street, Buffalo, NY, 14201
Telephone: 716-566-9140

Pratt Collard Advisory Partners, LLC is a large advisory firm based in Buffalo. It manages $200.48 million of regulatory assets for 762 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Florida, Maryland, and 4 other states.

Pratt Collard Advisory Partners provides financial planning services, portfolio management for individuals and small businesses, and consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pratt Collard Advisory Partners: assets under management

The assets under management (AUM) of Pratt Collard Advisory Partners, LLC is $200.48 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 92% since the beginning of its operation, and $2.01 million of the total AUM is attributable to clients outside of the United States.

The firm manages $200.48 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $263.1 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pratt Collard Advisory Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pratt Collard Advisory Partners serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Pratt Collard Advisory Partners is individuals with 241 clients and $101.93 million of assets under management. Among the 10 most similar advisory firms, Pratt Collard Advisory Partners has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $200.48 million for 277 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Pratt Collard Advisory Partners doesn't advise any private funds.

Careers at Pratt Collard Advisory Partners, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Charles Collard	Managing member	1 Sep 2011	50% - 75%	3000674
Michael Joseph Pratt	Managing member / chief compliance officer	1 Sep 2011	50% - 75%	1206854

Based in Buffalo

The principal office where Pratt Collard Advisory Partners, LLC performs its advisory services is located at 120 West Tupper Street, Buffalo, NY 14201, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 716-566-9140 or by fax 716-242-0027. The normal business hours are 8:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at prattcollard.com and its LinkedIn profile.