Netassetmanagement, Inc. (Los Angeles)

Name: Netassetmanagement, Inc.
Address: 1640 S. Sepulveda Boulevard, Los Angeles, CA, 90025
Telephone: (310) 479-1009

Netassetmanagement, Inc. is a pension cosultant based in Los Angeles. It manages $9.89 million of regulatory assets for 143 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Netassetmanagement provides portfolio management for individuals and small businesses, pension consulting services, and market timing 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.

Netassetmanagement: assets under management

The assets under management (AUM) of Netassetmanagement, Inc. is $9.89 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.15 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Netassetmanagement, 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 Netassetmanagement, Inc.

Mohan Ponmalai Viiavan Ananda has been acting as President since 1 Mar 2000. Timothy Steven Stearns joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mohan Ponmalai Viiavan Ananda	Director	1 Mar 2000	Other	4375030
Karen Susanne Mccue	Vice president, chief operating officer	1 May 2000	Other	4375029
Sivagnanam Suresh	Ceo, director	1 Jul 2000	Other	727023
Grp Ii Lp	Preferred shareholder	1 Jul 2000	50% - 75%	95-4780972
Steven Edward Lebow	Director	1 Jul 2000	Other	1079230
Yves B. Sisteron	Director	1 Mar 2002	Other	4354962
Vincent Degiaimo	Director	1 Jun 2002	Other	1059806
Gates Helms Hawn	Director	1 Dec 2002	Other	733187
L.P. Grp Ii Investors	Preferred shareholder	1 Dec 2002	Other	13-4157043
Karen Susanne Mccue	Executive vice president, common shareholder	1 Jan 2003	Other	4375029
George Lawrence Holdridge	President, chief operating officer	1 Jan 2003	Other	4648098
Inc. The Envestnet Group	Shareholder	1 May 2004	75% - 100%	36-4368834
George Luis Alvin	Chief compliance officer	1 May 2004	Other	3059817
Inc. Envestnet Asset Management Group	Shareholder	1 May 2004	75% - 100%	20-1409613
Timothy Steven Stearns	Chief compliance officer	1 Jul 2009	Other	1327230

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Grpvc	General partner	1 Feb 2000	Other	95-4780969
Grp Management Services Corporation	General partner	1 Feb 2000	Other	95-4780590

Based in Los Angeles

The principal office where Netassetmanagement, Inc. performs its advisory services is located at 1640 S. Sepulveda Boulevard, Los Angeles, CA 90025 The mailing address of the firm is Post Office Box 250003, Los Angeles, CA 90025. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (310) 479-1009 or by fax (310) 479-1130. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.netassetmanagement.com.