Palladiem LLC is a large advisory firm based in Wayne. It manages $646.8 million of regulatory assets for 392 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Pennsylvania and Puerto Rico.
Palladiem provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and outsourced cio services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Palladiem LLC is $646.8 million. The firm's AUM has grown by 33% 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 Palladiem LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Bruce Evans Terker is charitable organizations with 30 clients and $285.8 million of assets under management. Among the 9 most similar advisory firms, Palladiem has the highest percentage of charitable organizations out of all clients.
The amount of regulatory assets under management is $637.95 million for 395 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.
Palladiem doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 50 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 isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Bruce Evans Terker has been acting as President since 1 Oct 2011. Stacey Jean Gillespie joined the executive team most recently as the Chief Compliance Officer.
The principal office where Palladiem LLC performs its advisory services is located at 900 West Valley Road, Wayne, PA 19087, 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 888-886-4122. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at palladiem.com.