Ppb Advisors, LLC (Conshohocken)

Name: Ppb Advisors, LLC
Address: 125 East Elm Street, Conshohocken, PA, 19428
Telephone: 484.278.4017

Ppb Advisors, LLC is a large advisory firm based in Conshohocken. It manages $644.9 million of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Pennsylvania.

Ppb Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as private fund manager.

Ppb Advisors: assets under management

The assets under management (AUM) of Ppb Advisors, LLC is $644.9 million. The firm's AUM has grown by 6546% since the beginning of its operation, and $13.57 million of the total AUM is attributable to clients outside of the United States.

Ppb Advisors has custody of $644.9 million in cash and securities for 29 clients in total but doesn’t act as a qualified custodian.

What kind of clients Brendan W Lake serves?

The only and largest group of clients of Brendan W Lake is pooled investment vehicles with 29 clients and $644.9 million of assets under management. Among the 10 most similar advisory firms, Ppb Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $644.9 million for 29 clients. None of the firm’s clients are foreign persons or businesses.

Ppb Advisors also advises several private funds. Namely, one hedge fund, six real estate funds, eighteen other private funds, and four private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.

Careers at Ppb Advisors, LLC

The company employs 10 people that are either part- or full-time employees. No 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.

Brendan W Lake has been acting as President since 1 Nov 2008. Christopher Patrick Flannery joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brendan W Lake	President	1 Nov 2008	Other	2486049
Brendan William Lake	President	1 Nov 2008	Other	2486049
Charles Shay Fry	Managing member and chief compliance officer	1 Nov 2008	Other	2045127
Christopher Charles Geczy	Director of curriculum	1 Nov 2008	Other	5699978
John Chambers	Shareholder	1 Nov 2008	Other	5739228
William Patterson Simon	Partner	1 Nov 2008	Other	1069505
Raleigh Gene Peters	Partner	1 Nov 2008	Other	2630259
Adam J Stern	Cfo	1 Mar 2013	Other	6300919
Adam Jeffrey Stern	Cfo	1 Mar 2013	Other	6300919
Ppb Capital Partners Llc	Owner	1 Jan 2014	75% - 100%	46-2311742
Christopher Patrick Flannery	Cco	1 Jun 2014	Other	6372326

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Adam Jeffrey Stern	Officer and owner	1 Jan 2013	25% - 50%	6300919
Brendan William Lake	Officer and owner	1 Jan 2013	25% - 50%	2486049
Vincent Frederick Barletta	Owner	1 Jan 2013	25% - 50%	6488684

Based in Conshohocken

The principal office where Ppb Advisors, LLC performs its advisory services is located at 125 East Elm Street, Conshohocken, PA 19428, 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 484.278.4017 or by fax 484-588-4786. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ppbadvisors.com.