Prudential Financial Planning Services (PFPS), a division of Pruco Securities, LLC, offers two fee-based investment advisory programs, via the Pruco COMMAND brokerage platform, that can aid you in reaching your investment goals.
Investing in an investment advisory program goes beyond the selection of individual investments.
The programs take into consideration a broad range of investing concerns, such as your long-term goals, risk tolerance, and investment strategy. With an investment advisory program, you create an investment program based on your particular situation and financial goals.
When investing in an investment advisory program, you pay an annualized program fee, which is assessed quarterly, instead of typical transaction fees for buying and selling investments. The program fee is based upon your assets under management and covers investment counseling, portfolio activity, and other ongoing expenses
The Managed Assets Consulting Services (MACS) program is a discretionary, investment advisory program, where the discretion to make investment decisions are granted to an investment manager. For those with substantial assets ($100,000 or more), the program offers a powerful combination of professional guidance and flexibility supported by a foundation of proprietary research. The goal is simple -- to help you build your wealth.
A team of experienced professional analysts from Prudential Investments, LLC's Strategic Investment Research Group (SIRG) conducts the initial and ongoing due diligence on the managers within the program. The program offers access to some of the world's leading managers, many usually available only to large institutions.
PFPS offers two types of MACS programs - Separately Managed Accounts and Diversified Multi-Strategy Portfolios.
Separately Managed Accounts (SMAs) are the primary investment vehicles for the MACS program. An SMA is an investment account that is owned by an individual investor and managed by a professional investment manager. In contrast to mutual funds (which are professionally managed on behalf of many mutual-fund holders), managed accounts are personalized investment portfolios tailored to the specific needs of the individual investor. An SMA offers you access to affiliated and unaffiliated professional investment managers, who are typically only available to institutional investors. Based upon your financial objectives, the selected managers build and maintain a portfolio of securities for your SMA. In addition, you can further diversify your managed account with a variety of mutual funds that have been researched and screened by SIRG.
Diversified Multi-Strategy Portfolios (DMSPs) are an advisory platform that incorporates fully researched SMAs and Exchange-Traded Funds (ETFs) all in a single account.
PruChoiceSM is a non-discretionary mutual fund investment advisory program that offers you a personalized asset allocation model based upon your particular financial goals, personal preferences, and attitude toward risk tolerance. PruChoiceSM combines the power of SIRG's research with the advantage of guidance from your Prudential financial professional to make mutual fund investing easier by proposing mutual fund investments that more effectively target your investment style.
A team of experienced investment management analysts from SIRG screens the mutual fund universe to assist in the fund selection process.
The Program offers hundreds of funds from more than 100 well-known proprietary and non-proprietary fund companies, including no-load and load-waived classes of mutual funds and institutional share classes.
For more information about MACS and PruChoice, please see the program brochure for each product.
Diversification does not assure a profit or protect against loss in declining market.
Investing involves risks. The investment return and principal value will fluctuate and shares when sold may be worth more or less than the original cost. Past performance is not a guarantee of future results. Since no one manager/investment program is suitable for all types of investors, this material is provided for informational purposes only. We need to review your investment objectives, risk tolerance, and liquidity needs before introducing suitable manager/investment programs. There is no assurance the portfolios will achieve their objectives.
Mutual fund investing involves risk. Some mutual funds have more risk than others. The investment return and principal value will fluctuate and shares, when sold may be worth more or less than the original cost. There is no assurance a Fund's objectives will be achieved. The risks associated with each fund are explained more fully in each fund's respective prospectus.
Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus and if available the summary prospectus, contains this and other information about the fund. Contact your Prudential financial professional for a prospectus and read it carefully before investing.
It is possible to lose money by investing in securities.