Prudent Management Associates Named to 2014 FT 300

PHILADELPHIA, June 27, 2014 /PRNewswire/ -- Prudent Management Associates was named to an "elite" list of the top 300 registered investment advisors (RIA) in the United States according to criteria developed by the Financial Times, an international daily newspaper that focuses on business and economic news. Only 3% of the approximately 10,500 SEC registered advisors in the country were included in the list.

According to a statement published in the June 26 issue of the Financial Times, the FT 300 "is based on data gathered from RIA firms, regulatory disclosures, and the FT's research." The FT considered each firm's assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to the Financial Times in exchange for inclusion in the FT 300. Inclusion in the FT 300 is not indicative of an advisor's future performance.

"All of us at PMA are extremely proud to be included in such a prestigious list," said PMA co-founder Edward L. Snitzer. "For over thirty years, we have been building value for our clients in risk-controlled portfolios, focused on those things that we can control: preservation of capital, limiting expense, balancing investments across all sectors of the market and ensuring maximum diversification within each market sector.

"We have always known that nobody can predict the future, so our focus has been on risk and our faith has been that, over time, patient and prudent investors will be rewarded for market participation if their expectations are reasonable and they invest with high quality, low cost managers."

Founded in 1982 by Dr. Marshall E. Blume of the Wharton School and Edward L. Snitzer Esq., PMA manages one billion dollars in client assets for high net worth individuals and not for profit organizations. PMA pioneered the use of no-load mutual funds to create low-cost, high-performing portfolios. It uses a proprietary quantitative screen to identify consistent, top managers and a proprietary portfolio optimizer to create efficient portfolios with optimal risk-adjusted returns. Its track record of success has demonstrated the robustness of its investment methodology through some of the most trying and turbulent markets since the Great Depression.

SOURCE Prudent Management Associates