Pichardo Asset Management, S.A. De C.V. (Mexico Distrito Federal)

Pichardo Asset Management, S.A. De C.V. is a mid-sized advisory firm based in Mexico Distrito Federal. It manages $89.62 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2003.

Pichardo Asset Management, S.A. De C.V provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pichardo Asset Management, S.A. De C.V: assets under management

The assets under management (AUM) of Pichardo Asset Management, S.A. De C.V. is $89.62 million. The firm's AUM has grown by 199% since the beginning of its operation, and $12.59 million of the total AUM is attributable to clients outside of the United States.

The firm manages $77.03 million in discretionary accounts and $12.59 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $77.03 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.3 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pichardo Asset Management, S.A. De C.V. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pichardo Asset Management, S.A. De C.V serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Pichardo Asset Management, S.A. De C.V is investment companies with 3 clients and $89.62 million of assets under management. Among the 4 most similar advisory firms, Pichardo Asset Management, S.A. De C.V has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $89.62 million for 16 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 14% of the firm’s clients are foreign persons or businesses.

Pichardo Asset Management, S.A. De C.V doesn't advise any private funds.

Careers at Pichardo Asset Management, S.A. De C.V.

The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Based in Mexico Distrito Federal

The principal office where Pichardo Asset Management, S.A. De C.V. performs its advisory services is located at Andres Bello 45, 22 Nd Floor, Mexico Distrito Federal, 11560, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 52 555 261 46 00 or by fax 52 555 261 46 00. The normal business hours are 8:00-6:00 on Monday - Friday. You can find more information about the New York firm at paminversion.com.mx.

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