Prime Equities, Inc. is a large advisory firm based in Stockton. It manages $93 million of regulatory assets for 715 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California and Nevada.
Prime Equities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Prime Equities, Inc. is $93 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 43% 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 Prime Equities, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.
Frederick Morgan Lee has been acting as President since 1 May 1997. Nancy Elizabeth Lee joined the executive team most recently as the Secretary/Treasurer.
The principal office where Prime Equities, Inc. performs its advisory services is located at 5345 North El Dorado, Stockton, CA 95207, 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 209-957-7413 or by fax 209-951-1609. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.primeequitiesinc.com.