PHRACTION MANAGEMENT LLC

RIASEC RegisteredEst. 2018
Total AUM
$626M
Discretionary
$626M
100% of AUM
Avg account
$4.8M
Accounts
130
Employees
7
Advisory reps
4

Firm details

Headquarters
COLCHESTER, Connecticut
CRD number
298633
Registered since
October 4, 2018
Website
www.phraction.net
Custodians
CHARLES SCHWAB & CO., INC., MORGAN STANLEY & CO. LLC, CITIGROUP GLOBAL MARKETS INC.
Fee structure
Percentage of AUM, Fixed Fees, Other
Client types
  • Corporations / Businesses61.24%
  • HNWI38.76%
Services
Portfolio Management for Individuals

Firm profile

FINTRX

Overview

Phraction Management LLC is an SEC-registered investment adviser organized as an LLC in 2018 that provides portfolio management primarily for individuals, families and small businesses, with some institutional clients. The firm charges a mix of percentage-of-AUM fees, fixed fees and other arrangements. It is not positioned as a multi-state or pension consultant adviser, does not identify as an active ESG investor, and does not act as a capital allocator.

Assets & Accounts

Public Holdings

Investments & Alternatives

Read the full firm profile in FINTRX →

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 63%, US Government Bonds 22%, Investment Grade Corp Bonds 10%, Public Funds/Mutual Funds 2%, Cash & Cash Equivalents 2%, Sovereign Bonds 1%, Non-Investment Grade Corp Bonds 1%, Derivatives 1%, Private Funds 1%63%
  • Exchange Traded Equities63%
  • US Government Bonds22%
  • Investment Grade Corp Bonds10%
  • Public Funds/Mutual Funds2%
  • Cash & Cash Equivalents2%

Owners & executives

1 of 1

  • CHRISTINE WRIGHT

    Chief Operating OfficerCRD 5684282

Contacts

3 of 3

  • Jeffrey Sjovall

    CCOCRD 8056072

  • JASON STOLLMAN

    ManagerCRD 5276190

  • Nathaniel Baldi

    Senior Investment AnalystCRD 8141253

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 15

Active vs passive

$14.3M in ETFs

Passive

100%

$14.3M

Active

0%

$0

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES BITCOIN TRUST ETF (IBIT)BlackRockPassiveDigital Assets$2.9M75,20020.22%
Unlock additional holdings →

Location

Primary office

COLCHESTER, CT

NEW LONDON

Location

COLCHESTER, CT

Headquartered in COLCHESTER, CT, anchoring the Hartford-East Hartford, CT metro in the Northeast.

Metro area
Hartford-East Hartford, CT
Region
Northeast
County
NEW LONDON
Address
139 S Main St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth