Pdr Advisors, LLC (Matthews)

Name: Pdr Advisors, LLC
Address: 519 W. John St., Matthews, NC, 28105
Telephone: 704 845 2303

Pdr Advisors, LLC is a large advisory firm based in Matthews. It manages $832.7 million of regulatory assets for 43 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of North Carolina and Texas.

Pdr Advisors provides portfolio management for individuals and small businesses 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.

Pdr Advisors: assets under management

The assets under management (AUM) of Pdr Advisors, LLC is $832.7 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 405% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $832.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.37 million each.

Investments

The firm invests in state and local bonds the most. They account for 53% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 36% of the firm’s portfolio. Investments in exchange traded securities form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pdr Advisors, LLC 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.

What kind of clients Pdr Advisors serves?

The firm provides services to individuals, insurance companies, and other investment advisers. The largest group of clients of Pdr Advisors is insurance companies with 2 clients and $682.41 million of assets under management. Among the 8 most similar advisory firms, Pdr Advisors has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $791.95 million for 12 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Pdr Advisors doesn't advise any private funds.

Careers at Pdr Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the 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 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.

Pdr Advisors, LLC is owned by Hilda M. Austin. Gary Jon Austin joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Hilda M. Austin	Owner/member	1 Jan 2007	75% - 100%	5285035
Claudia P. Cobler	Owner/member	1 Jan 2007	Other	5285037
Gary Jon Austin	Chief compliance officer/member	1 Jan 2007	Other	1093212
Gary Jon Austin	Chief compliance officer	1 Mar 2007	Other	1093212

Based in Matthews

The principal office where Pdr Advisors, LLC performs its advisory services is located at 519 W. John St., Matthews, NC 28105 The mailing address of the firm is P.O. Box 78795, Charlotte, NC 28271. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704 845 2303 or by fax 704 845 2305. 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 pdradvisors.com/.