Portfolio Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Portfolio Management, LLC provides discretionary investment management to individuals (including high-net-worth clients), trusts, retirement plans, and other institutions, offering both custom portfolios tailored to individual goals and firm-designed model portfolios. The firm manages approximately $151.9 million across about 111 client relationships and charges percentage-of-assets fees for ongoing portfolio management.
The advisor follows a long-term, asset-allocation approach that emphasizes diversified portfolios and fundamental analysis, makes limited attempts at market timing, and rebalances accounts at least twice a year. All accounts are managed on a discretionary basis, with ongoing monitoring for market changes, new investment opportunities, and client cash-flow or goal adjustments.
The firm recently completed a leadership transition to new executive roles and consolidated operations into a single office, reflecting an orderly succession within a two-advisor practice. Its governance features include a formal Code of Ethics with transaction pre-clearance and a five-trading-day employee blackout window around client trades, and it typically requires a $100,000 minimum relationship (subject to waiver), which together distinguish its compliance and client-service practices from many peers.
Client services
Expertise
Fee options
$0+: 0.25% per quarter (1.00% annually) for custom portfolios $0+: 0.1875% per quarter (0.75% annually) for model portfolios
Account minimum: $100,000 Fee-only: Quarterly fees based on assets under management; 0.25% per quarter for custom portfolios and 0.1875% per quarter for model portfolios
Main office
500 W. 2nd St., Suite 1900
Austin TX 78701
Advisors at this office
2
Most active in
Louisiana · Texas
Also doing business as
Kranz Richard Winthrop · Portfolio Management · Portfolio Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Brinley L
CFP®
Austin, TX
Portfolio Management, LLC
Brinley Le Donne is a Certified Financial Planner® at Portfolio Management, LLC with seven years of industry experience. She has been with Portfolio Management, LLC since 2016. The firm provides discretionary investment management to individuals, trusts, retirement plans, and other institutions, offering custom portfolios and model portfolios while managing approximately $151.9 million across about 111 client relationships.
Richard K
CFP®, Series 63
Austin, TX
Portfolio Management, LLC
Richard Kranz is a CFP® with 12 years of industry experience and has been with Portfolio Management, LLC since 1992. He is based in Austin, TX, and holds a Series 63 license. Portfolio Management, LLC offers discretionary investment management to individuals, trusts, retirement plans, and institutions, providing customized and model portfolio solutions. The firm manages approximately $151.9 million across about 111 client relationships, emphasizing a long-term, asset-allocation approach with diversified portfolios and fundamental analysis.
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