Prudent Management Associates
- Regulatory AUM
- $1.2B
- Discretionary
- $1.2B
- Clients
- 231
- Avg AUM / client
- $5.3M
- Accounts
- 601
- Employees
- 13
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 52 | $33.6M | 2.73% |
| High net worth individuals | 158 | $971M | 79.0% |
| Pension and profit sharing plans | 7 | $58.6M | 4.77% |
| Charitable organizations | 14 | $158M | 12.8% |
| Corporations and other businesses | Fewer than 5 clients | $7.6M | 0.62% |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Wellborn, David, Brewster | Member | Dec 1997 (29y) | ≈ 5% – 18.75% via Kantwell Partners, Llc | |
| Fred Daniel Snitzer | Managing Director | Oct 2002 (24y) | ≈ 6.25% – 25% via Keystone Development Services, Inc. | |
| Snitzer, Andrew, E. | Owner | Dec 2011 (15y) | ≈ 6.25% – 25% via Keystone Development Services, Inc. | |
| Snitzer, Paul, David | Owner | Dec 2011 (15y) | ≈ 6.25% – 25% via Keystone Development Services, Inc. | |
| Solit, Barbara | Owner | Dec 2011 (15y) | ≈ 6.25% – 25% via Keystone Development Services, Inc. | |
| David Bruce Kantor | Owner | Sep 2016 (10y) | 75% or more of Kantor Holdings, Inc. (indirect) | |
| Blume, Loretta | Owner | Jun 2019 (7y) | ≈ 18.75% – 50% via Blume, Marshall E. Associates, Inc | |
| Edward Louis Snitzer | Registered representative | Sep 1991 (35y) | ||
| Richard Jones Thompson Lerch | Registered representative | Sep 2008 (18y) | ||
| Keith J Hardman | Registered representative | CFP | Oct 2018 (8y) | |
| Daniel Benjamin Berkowitz | Registered representative | CFA | Aug 2019 (7y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Blume, Marshall E. Associates, Inc | General Partner | Jun 1983 | A | 25% – 50% |
| Keystone Development Services, Inc. | General Partner | Jun 1983 | A | 25% – 50% |
| Kantwell Partners, Llc | Partner | Dec 1997 | A | 10% – 25% |
| Kantor Holdings, Inc. | Member | Sep 2016 | B | 50% – 75% of Kantwell Partners Llc (indirect) |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Wellborn, David, Brewster: 50% – 75% of Kantwell Partners, Llc × 10% – 25% direct ≈ 5% – 18.75% of the firm
- Fred Daniel Snitzer: 25% – 50% of Keystone Development Services, Inc. × 25% – 50% direct ≈ 6.25% – 25% of the firm
- Snitzer, Andrew, E.: 25% – 50% of Keystone Development Services, Inc. × 25% – 50% direct ≈ 6.25% – 25% of the firm
- Snitzer, Paul, David: 25% – 50% of Keystone Development Services, Inc. × 25% – 50% direct ≈ 6.25% – 25% of the firm
- Solit, Barbara: 25% – 50% of Keystone Development Services, Inc. × 25% – 50% direct ≈ 6.25% – 25% of the firm
- Blume, Loretta: 75% – 100% of Blume, Marshall E. Associates, Inc × 25% – 50% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 911 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- National Financial Services (Fidelity) $1.2B (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗