Pension Solutions, Inc. is a large advisory firm based in Cleveland. It manages $967.72 million of regulatory assets for 1,511 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Ohio, Puerto Rico, Texas, and Wisconsin.
Pension Solutions provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Pension Solutions, Inc. is $967.72 million. The firm's AUM has grown by 1153% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Pension Solutions, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of David Alan Krasnow is pension and profit sharing plans with 110 clients and $859.89 million of assets under management. Among the 11 most similar advisory firms, Pension Solutions has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $967.72 million for 1,511 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.
Pension Solutions doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
David Alan Krasnow has been acting as President since 1 Sep 1999. Beth Dworken Krasnow joined the executive team most recently as the Chief Compliance Officer/Vice President.
The principal office where Pension Solutions, Inc. performs its advisory services is located at 28601 Chagrin Blvd., Cleveland, OH 44122, which is also the mailing address of the firm. An additional office of the firm is in Guaynabo, PR. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 216-595-0800 or by fax 216-595-0825. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at pa401k.com.