Post Advisory Group, LLC (Los Angeles)
Post Advisory Group, LLC is a large advisory firm based in Los Angeles. It manages $15.84 billion of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of California.
Post Advisory Group 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.
Post Advisory Group: assets under management
The assets under management (AUM) of Post Advisory Group, LLC is $15.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 685% since the beginning of its operation, and $10.89 billion of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in non-investment grade corporate bonds the most. They account for 71% of the total AUM. The second-largest asset type is other assets, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Post Advisory Group, LLC for their services and products based on a percentage of assets under management and performance-based 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.
What kind of clients Ellen W Shumway serves?
The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Ellen W Shumway is corporations or other businesses with 8 clients and $6.12 billion of assets under management. Among the 11 most similar advisory firms, Post Advisory Group has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $14.75 billion for 42 clients. 57% of the firm’s clients are foreign persons or businesses.
Post Advisory Group also advises several private funds. Namely, one hedge fund, four other private funds, and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.
Careers at Post Advisory Group, LLC
The company employs 51 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
Ellen W Shumway has been acting as President since 1 Mar 2014. Henry Joo Chyung has served as the Chief Investment Officer since 1 Jan 2014 and Lawrence Aron Post is the Chief Executive Officer of Post Advisory Group, LLC family office. Ronald Earl Falls joined the executive team most recently as the Chief Compliance Officer, Chief Operating Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 8 indirect owners.Based in Los Angeles
The principal office where Post Advisory Group, LLC performs its advisory services is located at 2049 Century Park East, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 310-996-9600 or by fax 310-996-9669. The normal business hours are 6:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at postadvisory.com.
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