PENN MUTUAL ASSET MANAGEMENT, LLC

RIASEC RegisteredEst. 1990
Total AUM
$42.3B
Discretionary
$42.3B
100% of AUM
Avg account
$1.2B
Accounts
35
Employees
30
Advisory reps
6

Firm details

Headquarters
CONSHOHOCKEN, Pennsylvania
CRD number
107518
Registered since
February 2, 1990
Custodians
THE BANK OF NEW YORK MELLON
Fee structure
Percentage of AUM
Client types
  • Insurance Companies78%
  • Investment Companies21.93%
  • Corporations / Businesses0.06%
Services
Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Penn Mutual Asset Management, LLC is an institutional-focused investment manager and capital allocator that has been SEC-registered since 1990. Organized as an LLC and owned by domestic entities and individuals, the firm charges fees as a percentage of assets under management and describes its business activities to include acting as a commodity pool operator/commodity trading advisor (CPO/CTA). Its advisory mandate spans portfolio management for investment companies and pooled vehicles, management for businesses and institutions, and the selection of sub-advisers. The firm reports industry ties that include broker-dealer, other investment adviser, and insurance company relationships. Penn Mutual does not position itself as an active ESG investor and is not registered as a multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Other 45%, Investment Grade Corp Bonds 40%, State & Local Bonds 6%, Non-Investment Grade Corp Bonds 4%, Cash & Cash Equivalents 2%, US Government Bonds 1%, Derivatives 1%45%
  • Other45%
  • Investment Grade Corp Bonds40%
  • State & Local Bonds6%
  • Non-Investment Grade Corp Bonds4%
  • Cash & Cash Equivalents2%

Owners & executives

3 of 3
  • RICHARD KLENK

    Chief Financial OfficerCRD 8145249

  • DAVID MICHAEL O'MALLEY

    Chairman, President & CEOCRD 4468593

  • Stephen Kennedy

    Chief Operating OfficerCRD 2531263

Contacts

3 of 3
  • Trevor Williams

    Managing Director & Portfolio ManagerCRD 4614810

  • KEITH HUCKERBY

    Home Office AssociateCRD 2641591

  • VICTORIA ROBINSON

    Financial Advisor and Registered RepresentativeCRD 4556827

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 2

Active vs passive

$904K in ETFs

Passive

100%

$904K

Active

0%

$0

ETFProviderStyleCategoryValueShares% of portfolio
VANECK JP MORGAN EM LOCAL CURRENCY BOND ETF (EMLC)VanEckPassiveEmerging Markets Local Currency Bond$452K18,00050.00%

Location

Primary office

CONSHOHOCKEN, PA

MONTGOMERY

Location

CONSHOHOCKEN, PA

Headquartered in CONSHOHOCKEN, PA, anchoring the Philadelphia-Reading-Camden, PA-NJ-DE-MD metro in the Northeast.

Metro area
Philadelphia-Reading-Camden, PA-NJ-DE-MD
Region
Northeast
County
MONTGOMERY
Address
8 Tower Brg Washington St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth