Progress Inmvestment Management Co (San Francisco)

Name: Progress Inmvestment Management Co
Address: 71 Stevenson Street, Suite 1620, San Francisco, CA, 94105
Telephone: 415-512-3480

Progress Inmvestment Management Co is a large advisory firm based in San Francisco. It manages $4.1 billion of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2001.

Progress Inmvestment Management provides portfolio management for pooled investment vehicles and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Progress Inmvestment Management: assets under management

The assets under management (AUM) of Progress Inmvestment Management Co is $4.1 billion, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $4.1 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $136.67 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Progress Inmvestment Management Co for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Progress Inmvestment Management Co

Jr. Thurman V. White has been acting as President since 1 Jan 2001. Chris William Fong joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marx Luke Cazenave	Chairman and chief executive officer	1 Feb 1987	Other	1225802
Clayton Jue	Chief investment officer and managing director	1 Apr 1990	Other	4374928
Rick Akira Yamamoto	Managing director	1 Jan 1995	Other	4379382
Andre Ronald Berryman	Chief operating and financial officer	1 Jan 1998	Other	4378799
Inc. Liberty Financial Companies	Direct parent of progress investment management company	1 Sep 1998	75% - 100%	04-3269640
Andre Michael Cuerington	Senior vice president	1 Mar 2000	Other	4379374
Mona Shelice Williams	Senior vice president	1 Mar 2000	Other	4379379
Chris William Fong	Senior vice president	1 Jun 2000	Other	4379366
Jose Patricio Balagot	Vice president	1 Jun 2000	Other	4379393
Jr. Thurman V. White	President	1 Jan 2001	Other	4378802

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Lfc Holdings	Sole shareholder of liberty corporate holdings, inc.	1 Aug 1998	75% - 100%	04-3110591
Liberty Mutual Equity Corporation	Sole shareholder of lfc holdings, inc.	1 Aug 1998	75% - 100%	04-3119508
Liberty Mutual Insurance Company	Sole shareholder of liberty mutual equity corporation	1 Aug 1998	75% - 100%	04-1543470
Inc. Liberty Corporate Holdings	Sole shareholder of lfc management corporation	1 Sep 1998	75% - 100%	04-3401639
Lfc Management Corporation	Majority shareholder of liberty financial companies, inc.	1 Dec 1998	50% - 75%	04-3341689

Based in San Francisco

The principal office where Progress Inmvestment Management Co performs its advisory services is located at 71 Stevenson Street, Suite 1620, San Francisco, CA 94105, 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 415-512-3480 or by fax 415-512-3475. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.progressinvestment.com.