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PRUDENT MANAGEMENT ASSOCIATES

SEC Registered

Built on Academic Principles, Managed with Integrity and Trust

PHILADELPHIA, PAhttps://prudentmanagement.com215-994-1062
Assets Under Management
$1B–$5B
Year Founded
1982
Employees
13
Office Locations
1 office
Total Accounts
601

About the firm

Prudent Management Associates (PMA) has been partnering with clients to help them achieve their long-term financial goals since 1982. PMA is a boutique, conservative investment management firm that blends academic techniques with practical portfolio construction principles, with guidance from professors of The Wharton School at the University of Pennsylvania. PMA manages approximately $1.2 billion in assets for over 200 clients.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net WorthPension/Profit Sharing

Areas of expertise

Investment ManagementAsset AllocationMutual FundsEtfsFinancial PlanningTax-loss HarvestingNot-for-profit InvestingRetirement PlanningHigh-net-worth IndividualsPortfolio ConstructionRisk Management+2 more

Services

PMA provides comprehensive investment management services including asset allocation, portfolio construction using open-end mutual funds and ETFs, tax-loss harvesting, retirement and goal-related spending analysis, advice on charitable giving and next-generation education, coordination with attorneys and accountants, and for nonprofit clients: spending policy analysis, financial planning support, and Investment Committee education.

investment_managementfinancial_planningcharitable_givingcash_flow_planning

Who they serve

High-net-worth individuals, multi-generational families, retirees, academic professionals, young professional couples, and not-for-profit organizations including religious institutions, arts organizations, museums, foundations, and schools in the tri-state area.

Client segmentClientsAssets managed
Individuals (Non-HNW)52$34M
High Net Worth Individuals158$971M
Investment Companies0
Pooled Investment Vehicles0$0
Pension/Profit Sharing Plans0$0
Charitable Organizations7$59M
State/Municipal Entities14
Insurance Companies0
Sovereign Wealth Funds0
Corporations0$0

0 total clients reported on Form ADV.

Leadership

Marshall E. Associates Inc Blume
GENERAL PARTNER
Inc. Keystone Development Services
GENERAL PARTNER
Llc Kantwell Partners
PARTNER
David Bruce Kantor
OWNER
David Brewster Wellborn
MEMBER
Marshall Edward Blume
GENERAL PARTNER
Edward Louis Snitzer
PRINCIPAL
Fred Daniel Snitzer
OWNER
Paul David Snitzer
OWNER
Andrew E. Snitzer
OWNER
Barbara Solit
OWNER
Inc. Kantor Holdings
MEMBER

Office locations

1 office in 1 state
PA
PHILADELPHIAHQ

Advisors at this firm

5 advisors in the directory

Regulatory & compliance

CRD number
#16691
SEC Number
801-20018
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Flat Fee

Data as of March 27, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. PRUDENT MANAGEMENT ASSOCIATES has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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