Prodigy Asset Management LLC is a large advisory firm based in Boys Town. It manages $1.78 billion of regulatory assets for 250 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Nebraska, and Texas.
Prodigy Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Prodigy Asset Management LLC is $1.78 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2562% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Prodigy Asset Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Prodigy Asset Management is charitable organizations with 21 clients and $1.16 billion of assets under management. Among the 12 most similar advisory firms, Prodigy Asset Management has the highest percentage of charitable organizations out of all clients.
The amount of regulatory assets under management is $1.78 billion for 91 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Prodigy Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Prodigy Asset Management LLC performs its advisory services is located at 14100 Crawford Street, Boys Town, NE 68010, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 402-493-9875 or by fax 402-493-9575. The normal business hours are 8:00a.m. - 5:00p.m. on Monday - Friday.