Urdang Securities Management Inc (Plymouth Meeting)

Name: Urdang Securities Management Inc
Address: 630 West Germantown Pike, Plymouth Meeting, PA, 19462
Telephone: 610-834-9500

Urdang Securities Management Inc is a large advisory firm based in Plymouth Meeting. It manages $5.96 billion of regulatory assets for 48 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, New York, Pennsylvania, and Texas.

Urdang Securities Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Urdang Securities Management: assets under management

The assets under management (AUM) of Urdang Securities Management Inc is $5.96 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 858% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.96 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $124.22 million each.

Urdang Securities Management has custody of $406.12 million in cash and securities for 1 client in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Urdang Securities Management Inc 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 Urdang Securities Management Inc

Evan Scott Urdang has been acting as President since 1 Oct 1987. Pennock John Yeatman joined the executive team most recently as the Managing Director And Head Of Private Real Estate.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Evan Scott Urdang	President	1 Oct 1987	Other	1865047
David Jay Blum	Executive vice president	1 Oct 1987	Other	4342919
Vincent Sanfilippo	Executive vice president	1 Jun 1988	Other	4342922
Eric Todd Briddell	Executive vice president	1 Apr 1993	Other	4342926
Dean Eliot Frankel	Senior portfolio manager, north america	1 Jun 1998	Other	5654257
Richard Jay Ferst	Chief operating officer	1 Dec 1998	Other	4341930
Urdang & Associates Real Estate Advisors Inc	Owner	1 Dec 2000	75% - 100%	106983
Urdang Capital Management Inc	Owner	1 Dec 2000	75% - 100%	106983
Inc. Centersquare Investment Management Holdings	Owner	1 Dec 2000	75% - 100%	106983
Peter Matthew Zabierek	Senior portfolio manager, global	1 Jan 2003	Other	3101176
Mark Benedict Greco	Managing director asset management	1 Dec 2003	Other	4778418
Scott C Coopchick	Managing director of acquisitions	1 Jan 2004	Other	4937582
Scott Charles Coopchick	Managing director of acquisitions	1 Jan 2004	Other	4937582
Frank J Ferro	General counsel	1 Nov 2004	Other	4937585
Frank James Ferro	General counsel	1 Nov 2004	Other	4937585
Frank John Ferro	General counsel	1 Nov 2004	Other	4937585
The Bank Of New York	Indirect owner	1 Mar 2006	75% - 100%	13-5160382
Steven Pisarkiewicz	Executive vice president	1 Mar 2006	Other	2018431
Thomas J. Mastro	Vice president and treasurer	1 Mar 2006	Other	3242279
David Lawrence Rabin	Managing director of acquisitions	1 Jun 2006	Other	1323666
Scott Frederick Maguire	Director of client service and marketing	1 Apr 2007	Other	1548274
R Joseph Law	Chief financial officer and chief compliance officer	1 Jan 2008	Other	5499049
David Jay Blum	Client relations manager and portfolio manager	1 Nov 2008	Other	4342919
Jayme Anne Goldberg	Chief strategy officer	1 Nov 2008	Other	2794793
Jacqueline Valerie Brady	Managing director	1 Oct 2009	Other	2559023
Richard Jay Ferst	Chief executive officer and chief operating officer	1 Mar 2010	Other	4341930
Eric Todd Briddell	President and chief investment officer usm	1 Mar 2010	Other	4342926
Pennock John Yeatman	Managing director and head of private real estate	1 Dec 2012	Other	6176005

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. The Bank Of New York Company	Holding company	1 Feb 2006	75% - 100%	13-2614959
The Bank Of New York Mellon Corporation	Holding company	1 Feb 2006	75% - 100%	13-2614959

Based in Plymouth Meeting

The principal office where Urdang Securities Management Inc performs its advisory services is located at 630 West Germantown Pike, Plymouth Meeting, PA 19462, 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 610-834-9500 or by fax 610-834-9505. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at www.urdang.com.