Prostatis Group LLC is a large advisory firm based in Hanover. It manages $180 million of regulatory assets for 500 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Delaware, Florida, Maryland, and 5 other states.
Prostatis Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
Prostatis Group: assets under management
The assets under management (AUM) of Prostatis Group LLC is $180 million. The firm's AUM has grown by 80% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $160 million in discretionary accounts and $20 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $355.56 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $400 thousand.
Investments
The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.
