Wealth manager, independent · Massapequa, NY
Private Client Asset Management, Inc.
SEC-registered investment adviser · CRD 147052 · SEC 801-74655
At a glance
Private Client Asset Management, Inc. is an SEC-registered investment adviser based in Massapequa, New York, with $181 million in regulatory assets under management as of its Form ADV filed April 16, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 244 individual clients. By Form ADV it is a wealth manager, ranked 6,167th of 8,915 wealth managers and 12,739th of 17,210 SEC-registered advisers by assets.
Main office 516-280-4622pcaminvest.comAs filed on Form ADV
- Regulatory AUM
- $181M
- Rank among wealth managers
- #6,167 of 8,915
- Rank among all SEC RIAs
- #12,739 of 17,210
- Rank in New York
- #1,952 of 2,591
- Individual clients
- 244
- High-net-worth clients
- 92
- Accounts
- 642
- Discretionary
- 100% of AUM
- Employees
- 2
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Joseph L. DowneyPresident/chief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Private Client Asset Management, Inc. is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed February 2026) names Osaic Wealth as the broker-dealer its advisers are registered with.
Dudonis are Registered Representatives of Osaic Wealth, Inc., CRD #23131, SEC #801 -54859, #8 -40218 a FINRA registered broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 92 | $120M | 66% |
| Individuals | 152 | $61M | 34% |
Disciplinary disclosures
Private Client Asset Management, Inc. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗pcaminvest.com ↗
AtlasMembers
The full record on Private Client Asset Management, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 5,780 peers of its type and size
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- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Private Client Asset Management, Inc. manage?
Private Client Asset Management, Inc. reports $181 million in regulatory assets under management across 642 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 16, 2026.
What kind of firm is Private Client Asset Management, Inc.?
Private Client Asset Management, Inc. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Private Client Asset Management, Inc.’s clients?
By assets, its largest client types are high-net-worth individuals ($120 million, 92 clients); individuals ($61 million, 152 clients).
Does Private Client Asset Management, Inc. have any disciplinary history?
Private Client Asset Management, Inc. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Private Client Asset Management, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-16), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →