Post Advisory Group, LLC (Los Angeles)

Name: Post Advisory Group, LLC
Address: 2049 Century Park East, Los Angeles, CA, 90067
Telephone: 310-996-9600

Post Advisory Group, LLC is a large advisory firm based in Los Angeles. It manages $15.84 billion of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of California.

Post Advisory Group 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.

Post Advisory Group: assets under management

The assets under management (AUM) of Post Advisory Group, LLC is $15.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 685% since the beginning of its operation, and $10.89 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $15.84 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $344.35 million each.

Post Advisory Group has custody of $1.64 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 71% of the total AUM. The second-largest asset type is other assets, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Post Advisory Group, LLC 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.

What kind of clients Ellen W Shumway serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Ellen W Shumway is corporations or other businesses with 8 clients and $6.12 billion of assets under management. Among the 11 most similar advisory firms, Post Advisory Group has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $14.75 billion for 42 clients. 57% of the firm’s clients are foreign persons or businesses.

Post Advisory Group also advises several private funds. Namely, one hedge fund, four other private funds, and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.

Careers at Post Advisory Group, LLC

The company employs 51 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

Ellen W Shumway has been acting as President since 1 Mar 2014. Henry Joo Chyung has served as the Chief Investment Officer since 1 Jan 2014 and Lawrence Aron Post is the Chief Executive Officer of Post Advisory Group, LLC family office. Ronald Earl Falls joined the executive team most recently as the Chief Compliance Officer, Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carl Goldsmith	Managing director / portfolio manager	1 Aug 2000	Other	2901156
Scott M Klein	Managing director / portfolio manager	1 Aug 2000	Other	2748845
Lawrence Aron Post	Chief executive officer	1 Aug 2000	Other	827685
Allan E. Schweitzer	Managing director / portfolio manager	1 Aug 2000	Other	4366295
Inc. Post Advisory Group	Member	1 Aug 2000	Other	95-4371066
Llc Metropolitan West Financial	Member	1 Jan 2002	25% - 50%	95-4888043
Patrick L. Mitchell	Managing director - business development	1 Jan 2002	Other	4241187
Lorraine Fabiano Spurge	Managing director - business development	1 Jan 2002	Other	1014243
Robert Shustak	Managing director / president and chief operating officer	1 Mar 2002	Other	4339263
James John Lachance	Managing director / portfolio manager	1 Jun 2002	Other	2636942
Kathy Hwa Sun Lee	Managing director - research analyst	1 Jan 2003	Other	2652697
Kathy Choi	Managing director / investment management	1 Jan 2003	Other	2652697
Patrick L. Mitchell	Member	1 Jan 2003	Other	4241187
Lawrence Michael Goldman	General counsel	1 Apr 2003	Other	4717144
Llc Principal Global Investors	Member	1 Oct 2003	75% - 100%	109002
Ann Marie Swanson	Chief compliance officer	1 Mar 2004	Other	4684405
Tim Howald	Chief operating officer	1 Jan 2005	Other	3070136
Michael Migro	President and chief operating officer	1 May 2005	Other	4518525
David Adam Rosenblum	Chief compliance officer	1 Apr 2008	Other	5585200
Allan E. Schweitzer	Chief investment officer	1 Jan 2009	Other	4366295
David Edward Canter	Chief compliance officer/ chief legal officer	1 Jan 2009	Other	4155942
Timothy Paul Mullaney	Chief operating officer	1 Mar 2009	Other	1897849
Sanije Perrett	Chief legal officer & chief compliance officer	1 Aug 2009	Other	4942640
Yvonne Young	Chief financial officer	1 Oct 2011	Other	6467441
Darcyne Denise Choe	Interim chief compliance officer	1 Jan 2012	Other	6048984
Inc. Nli Us Investments	Member	1 May 2013	Other	46-2402076
Yutaka Ideguchi	Director	1 May 2013	Other	5922520
Darcyne Denise Choe	Chief compliance officer	1 Aug 2013	Other	6048984
Henry Joo Chyung	Chief investment officer	1 Jan 2014	Other	2533667
George Michael Jamgochian	Chief operating officer	1 Feb 2014	Other	1023733
Ellen W Shumway	Director	1 Mar 2014	Other	5590172
Jill Hittner	Director	1 Mar 2014	Other	5309846
James Patrick Mccaughan	Chairman	1 Mar 2014	Other	3074797
Henry Joo Chyung	Director	1 Mar 2014	Other	2533667
George Michael Jamgochian	Director	1 Mar 2014	Other	1023733
Jill Marie Hittner	Director	1 Mar 2014	Other	5309846
Deanna Strable	Director	1 Mar 2015	Other	6467090
Deanna Strable Soethout	Director	1 Mar 2015	Other	6467090
Helen Eira Webb	Director	1 Jul 2015	Other	6555837
Helen Eira Webb	Chief operationg officer	1 Aug 2015	Other	6555837
Ronald E Falls	Chief legal officer	1 Jan 2016	Other	5987439
Karen Elizabeth Shaff	Director	1 Feb 2016	Other	4343508
Jeffrey Mark Stroll	Director	1 Feb 2016	Other	4108763
Ronald Earl Falls	Chief operating officer	1 Aug 2016	Other	5987439
Ronald E Falls	Chief operating officer	1 Aug 2016	Other	5987439
Mario Arthur Indelicato	Chief compliance officer	1 Jan 2017	Other	4889081
Christopher James Reddy	President	1 May 2017	Other	1560691
Principal Global Investors Holding Company Us Llc	Member	1 May 2017	75% - 100%	42-1520348
Masamichi Nmn Kishimoto	Director	1 Jan 2018	Other	6776847
Jeffrey Mark Stroll	Deputy chief investment officer, director	1 Mar 2018	Other	4108763
Ronald Earl Falls	Chief compliance officer, chief operating officer	1 Apr 2018	Other	5987439

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Aron Post	President	1 Jul 1992	75% - 100%	827685
Principal Life Insurance Company	Sole member, 100% ownership	1 Sep 1998	75% - 100%	42-0127290
Richard Scott Hollander	Member	1 Jan 2000	75% - 100%	724511
Inc. Principal Financial Services	100% owner	1 Oct 2001	75% - 100%	42-1520348
Inc. Principal Financial Group	100% owner	1 Oct 2001	75% - 100%	42-1520346
Llc Mw Holdings	Interest owner	1 Jan 2002	75% - 100%	95-4778654
Nippon Life Insurance Company	100% owner	1 Apr 2013	75% - 100%	n/a
Inc. Principal Financial Services	100% owner	1 May 2017	75% - 100%	81-5287564

Based in Los Angeles

The principal office where Post Advisory Group, LLC performs its advisory services is located at 2049 Century Park East, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-996-9600 or by fax 310-996-9669. The normal business hours are 6:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at postadvisory.com.