FOR IMMEDIATE RELEASE
PMA Asset Management Achieves Significant Milestone
Naperville, Ill. – June 26, 2020 – PMA Asset Management, a growing SEC registered investment advisor offering investment advisory services to government entities, insurance companies and other institutional investors, achieved a significant milestone by surpassing $10 billion in Assets Under Management (AUM). As of May 31, 2020, PMA managed over $10.5 billion in AUM for its 152 clients.
“This accomplishment represents the hard work and dedication of our professional staff, along with the loyalty of our clients and partners, which continues to contribute to the ongoing success of PMA” said John Huber, CFA, Chief Investment Officer. “Our ongoing strategic commitment to investment excellence, client-centered portfolio solutions and service excellence continues to resonate with clients and prospects throughout the United States,” he added.
As a registered investment advisor, PMA Asset Management offers various investment services including discretionary management for separate institutional accounts and pooled investment funds. PMA Asset Management specializes in institutional portfolio management with a full suite of investment capabilities including cash, fixed income, equity and multi-asset balanced mandates. PMA’s foundation was built on fundamental research and has recently integrated Environmental, Social and Governance (ESG) considerations into its investment process. The PMA Asset Management team has more than 20 professionals supporting research, trading and portfolio management accountabilities. The broader PMA organization now employs more than 140 professionals nationwide in delivering high-quality financial and investment advice to our clients.
“Reaching this milestone is a great sign of the confidence and trust our clients place in PMA. We look forward to continued growth of our national relationships and the asset growth that benefits all of our clients and employees,” said Jim Davis, Chief Executive Officer.
About PMA Asset Management
Incorporated in 1996, PMA Asset Management is an SEC registered Investment Adviser. PMA Asset Management provides investment advisory services to the public sector, insurance companies and other institutional investors, as well as local government investment programs. As a fiduciary, PMA Asset Management works closely with clients to solve their investment challenges through both pooled and separately managed account solutions.
About the PMA Companies
PMA Financial Network, LLC, PMA Securities, LLC and PMA Asset Management, LLC (“the PMA companies” or “PMA”) are under common ownership. The PMA companies serve over 3,200 municipalities, school districts, local government investment pools, insurance companies and other institutions across 14 states by providing investment, financial management and fund administration services. The PMA companies provide a comprehensive array of discretionary and non-discretionary investment advice to our clients through pooled, separate accounts and self-directed investment solutions, in addition to public finance services. As of May 31, 2020, the PMA companies had over $26 billion in assets under administration. Total assets under administration include both money market pool assets for which the PMA companies serve as fund administrator/accountant, marketer/distributor, fixed income program provider (brokerage services), and/or investment advisory, or separate institutional account management.
For more information, go to www.pmanetwork.com.
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Media Contacts:
Matt Orseske
630-657-6408
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