Popular Asset Management

RIASEC RegisteredEst. 2021

Total AUM

$3.7B

Discretionary

$1.7B

46% of AUM

Avg account

$218M

Accounts

Employees

Advisory reps

Firm details

Headquarters: San Juan, PR
CRD number: 313653
Registered since: April 22, 2021
Custodians: J.P. MORGAN SECURITIES INC., THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: Banking / Thrift Institutions53.72%
Investment Companies39.82%
Pooled Investment Vehicles3%
State / Municipal Government2.86%
Charitable Organizations0.4%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

Popular Asset Management LLC is a privately held investment manager organized as an LLC and registered with the SEC in 2021. The firm positions itself as a manager for institutional clients and operates with a mix of percentage-of-assets and fixed-fee billing. Its advisory remit includes portfolio management for investment companies and pooled vehicles, separate account management for businesses and institutions, and pension consulting services. The firm does not identify as an active ESG investor and is not registered as a multi-state adviser. In addition to its advisory activities, Popular Asset Management maintains relationships across the financial ecosystem — including broker-dealers, banking and thrift institutions, insurance companies and municipal advisory channels — which suggests it interacts with multiple product and distribution partners when executing client strategies.