PERMANENT CAPITAL MANAGEMENT, LP

RIASEC RegisteredEst. 2023
Total AUM
$769M
Discretionary
$601M
78% of AUM
Avg account
$8.4M
Accounts
91
Employees
10
Advisory reps
4

Firm details

Headquarters
CHICAGO, Illinois
CRD number
328318
Registered since
October 10, 2023
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • Corporations / Businesses68.34%
  • HNWI17.4%
  • Insurance Companies7.29%
  • Pooled Investment Vehicles6.28%
  • Charitable Organizations0.7%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Permanent Capital Management, LP is a limited partnership that provides outsourced portfolio management and financial planning primarily for institutional clients and small businesses. The firm registered with the SEC in 2023 and operates as a capital allocator that also sponsors and manages pooled investment vehicles. Its client-facing services include portfolio management, financial planning, and the selection of other advisers. Fees are charged as a percentage of assets under management and via fixed-fee arrangements. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 48%, Private Funds 30%, Public Funds/Mutual Funds 9%, US Government Bonds 6%, State & Local Bonds 4%, Cash & Cash Equivalents 2%, Investment Grade Corp Bonds 1%48%
  • Exchange Traded Equities48%
  • Private Funds30%
  • Public Funds/Mutual Funds9%
  • US Government Bonds6%
  • State & Local Bonds4%

Owners & executives

2 of 2
  • SHARIF SIDDIQUI

    Chief Investment OfficerCRD 4232143

  • IVALDO BASSO

    COOCRD 5125767

Contacts

2 of 2
  • Meghan Koeppel

    Director of Client ServiceCRD 7833500

  • JOSEPH SHENTON

    Co-Founder and Managing PartnerCRD 4389342

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

CHICAGO, IL

COOK

Location

CHICAGO, IL

Headquartered in CHICAGO, IL, anchoring the Chicago-Naperville, IL-IN-WI metro in the Midwest.

Metro area
Chicago-Naperville, IL-IN-WI
Region
Midwest
County
COOK
Address
217 N Sangamon St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth