Pan American Investment Advisers Inc (New Orleans)

Pan American Investment Advisers Inc is a large advisory firm based in New Orleans. It manages $33.39 million of regulatory assets for 158 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Florida, and 14 other states.

Pan American Investment Advisers provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting 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.

Pan American Investment Advisers: assets under management

The assets under management (AUM) of Pan American Investment Advisers Inc is $33.39 million. The firm's AUM has gone down by -89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.67 million in discretionary accounts and $5.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $249.3 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $121.59 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pan American Investment Advisers Inc for their services and products based on a percentage of assets under management. 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.

Careers at Pan American Investment Advisers Inc

Rene Charles Lorio has been acting as President since 1 Aug 2002. Daniel Everett Lagrone joined the executive team most recently as the Compliance Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pan American Life Insurance Company	Owner	1 Dec 1984	75% - 100%	720281240
William Thiel Steen	Vice president	1 Jul 1999	Other	1308655
Luis I Ingles	Cheif operating officer	1 Jul 1999	Other	4379060
Daniel Everett Lagrone	Compliance officer	1 Feb 2000	Other	2789525
Charles Edmond Genois	Assistant vice-president	1 Dec 2001	Other	xxx-xx-xxxx
Rene Charles Lorio	President	1 Aug 2002	Other	1022135
William Thiel Steen	President	1 Feb 2003	Other	1308655
Rachael Dellaccio Schorr	President	1 Jan 2004	Other	2128016
Richard James Clement	Administrative manager	1 Jan 2004	Other	2741220
Daniel Everett Lagrone	Compliance counsel	1 Oct 2004	Other	2789525
Louis Charles Passauer	Chief compliance officer	1 Oct 2004	Other	1440611
Jr. Edwin K Legnon	Treasurer	1 Oct 2004	Other	4092877

Based in New Orleans

The principal office where Pan American Investment Advisers Inc performs its advisory services is located at 601 Poydras St, New Orleans, LA 70130, which is also the mailing address of the firm. An additional office of the firm is in Fort Mitchell, KY. It doesn’t run an office outside of the United States.