Private Asset Management Inc

Private Asset Management, Inc. provides wealth advisory and portfolio management primarily for high‑net‑worth individuals, families and individual clients, and also serves charitable foundations. Services include developing individualized Wealth Strategy Summaries and Investment Policy Reports, ongoing portfolio management (mutual funds, ETFs and occasional direct real estate investments), and coordination with clients’ accountants, attorneys and banks.

The firm constructs diversified portfolios across seven asset classes (cash and equivalents; core and other fixed income; U.S. large cap, U.S. small/mid cap and foreign stocks; and alternatives/real estate), performs fund reviews at least annually and documents allocations and constraints for each client. Private Asset has transitioned to discretionary management for new and most existing clients but continues to manage a material non‑discretionary segment—approximately $79.6M discretionary and $29.9M non‑discretionary as of January 27, 2026—so some accounts still require client consent for trades.

Noteworthy aspects disclosed in the brochure include regular client communications in the form of a quarterly bound report with an accompanying market overview letter and year‑end assistance assembling tax documents, practices that resemble periodical reporting and client education not typical among many peers. The owner’s occasional ownership interest in LLCs that act as managers for single‑property private real estate funds, with participation in operating profits while explicitly avoiding custody of the fund assets, is a specific arrangement highlighted in the advisory materials.