Professional Planning Associates Inc (Rochester)


Professional Planning Associates Inc is a large advisory firm based in Rochester. It manages $109.39 million of regulatory assets for 513 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Massachusetts, and 5 other states.

Professional Planning Associates provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Professional Planning Associates: assets under management

The assets under management (AUM) of Professional Planning Associates Inc is $109.39 million. The firm's AUM has gone down by -23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $81.55 million in discretionary accounts and $27.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $310.06 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.38 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Professional Planning Associates Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeremy Andrew Klainer President 1 Aug 1979 50% - 75% 271147
Pamela York Klainer Shareholder 1 Jan 1981 25% - 50% 1025929
Jane Ann Boccieri Vice president 1 May 1988 Other 733935
Pamela York Klainer President 1 Apr 2002 75% - 100% 1025929

Based in Rochester

The principal office where Professional Planning Associates Inc performs its advisory services is located at 25 Canterbury Road, Rochester, NY 14607, 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 585-442-6660 or by fax 585-473-4976. The normal business hours are 8am - 5pm on Monday - Friday.