Prudential Securities Incorporated (New York)

Name: Prudential Securities Incorporated
Address: One New York Plaza, New York, NY, 10292 2015
Telephone: 212-778-6806

Prudential Securities Incorporated is a large advisory firm based in New York. It manages $1.63 billion of regulatory assets for 202 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New York and Rhode Island.

Prudential Securities Incorporated provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Prudential Securities Incorporated: assets under management

The assets under management (AUM) of Prudential Securities Incorporated is $1.63 billion. 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 $582.5 million in discretionary accounts and $1.04 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.04 billion.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prudential Securities Incorporated for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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.

Careers at Prudential Securities Incorporated

David Roehner Jr Odenath has been acting as President since 1 Jan 2000. Rodger Alan Lawson joined the executive team most recently as the Director And Vice Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Prudential Securities Group Inc.["Psg"] Parent Of Prudential Securities Incorporated	Shareholder direct	1 Dec 1981	75% - 100%	22-2347336
Inc. Prudential Securities Group Inc.["Psgi"] Parent Of Prudential Equity Group	Shareholder direct	1 Dec 1981	75% - 100%	22-2347336
Arthur Laurence Jr Norton	Director and executive vice president	1 Jan 1997	Other	349394
Andrea Marlene Horowitz	Director of compliance and senior vice president	1 Nov 1997	Other	2097991
Thomas M Jr Farley	Executive vice president	1 Mar 1998	Other	1495491
William John Horan	Chief financial office and executive vice president	1 Mar 1998	Other	816157
Thomas J Owens	Executive vice president	1 Mar 1998	Other	354726
James Dale Price	President and director	1 Apr 1998	Other	1243224
David Roehner Jr Odenath	Director	1 Jan 2000	Other	872856
Judith Young Vance	Director - secretary - executive vice president	1 Jul 2000	Other	2759370
William Heartly Anderson	Director, executive vice president and chief administrative officer	1 Sep 2000	Other	1295745
John Robert Jr Strangfeld	Chief executive officer and director	1 Oct 2000	Other	1301812
Stephen Leigh Massey	Director - executive vice president	1 Nov 2000	Other	1058145
John Matthew Liftin	Director	1 Nov 2000	Other	1447945
John Hale Bluher	Director of compliance & senior vice president	1 Jan 2001	Other	2250528
Michael Joseph Shea	Director - executive vice president	1 May 2001	Other	1014613
John Matthew Liftin	Director-executive vice president	1 Nov 2001	Other	1447945
Howard E. Steinberg	Director and executive vice president	1 Jan 2002	Other	xxx-xx-xxxx
George Ross Iv Fisher	Executive vice president and director	1 Feb 2002	Other	1250903
George R. Fisher	Executive vice president and director	1 Feb 2002	Other	1250903
Richard Humberto Castro	Senior v.p. - director of global brokerage operations	1 Mar 2002	Other	1214118
David Oberman	Senior vice president	1 Apr 2002	Other	1058093
Stuart Alan Abrams	Director compliance-senior vice president	1 Aug 2002	Other	xxx-xx-xxxx
Michael James Rice	Director -executive vice president	1 Sep 2002	Other	1718732
Judy Ann Rice	Director	1 Jan 2003	Other	67215
Rodger Alan Lawson	Director and vice chairman	1 Jul 2003	Other	1265314
Michael Joseph Dugan	Managing director - chief administrative and operations officer	1 Jul 2003	Other	1604211
Mark Robert Grewe	Chief compliance officer	1 Jul 2003	Other	1039323

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
The Prudential Insurance Company Of America	Indirect owner	1 Mar 1981	75% - 100%	22-1211670
Inc. Prudential Capital And Investment Services	Indirect owner	1 Nov 1982	75% - 100%	22-2422630
Inc. Pruco	Indirect owner	1 Dec 1983	75% - 100%	22-1916656
Inc. Prudential Financial	Indirect owner	1 Dec 2001	75% - 100%	22-3703799

Based in New York

The principal office where Prudential Securities Incorporated performs its advisory services is located at One New York Plaza, New York, NY 10292 2015, 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 212-778-6806 or by fax 212-778-4196. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.prudentialsecurities.com.