Prudent Management Associates

Edward Snitzer is a financial advisor at Prudent Management Associates with 34 years of industry experience. He holds the Series 63 designation and has been with Prudent Management Associates and affiliated firms since the early 1980s. Prudent Management Associates serves high-net-worth individuals and a variety of institutional clients, providing discretionary portfolio management and limited consulting services. The firm manages approximately $1.14 billion across about 216 client relationships, employing a structured investment approach centered on low-cost mutual funds and model-based portfolio construction overseen by an Investment Committee.

Daniel Berkowitz is a CFA® charterholder and financial advisor at Prudent Management Associates with six years of industry experience. He joined Prudent Management Associates in 2019 after four years at Vanguard. Prudent Management Associates serves high-net-worth individuals and institutional clients, offering discretionary portfolio management and limited consulting services. The firm manages approximately $1.14 billion using model risk-based portfolios primarily composed of low-cost mutual funds, guided by proprietary quantitative models and an Investment Committee.

Richard Lerch is a financial advisor with Prudent Management Associates in Philadelphia, PA, holding Series 63 and Series 65 designations and bringing 20 years of industry experience. He has worked at Prudent Management Associates since 2008 and at Prudent Brokerage Associates since 2010. Prudent Management Associates serves high-net-worth individuals and institutional clients, including corporate pension plans and charitable organizations, providing discretionary portfolio management and limited consulting services. The firm utilizes low-cost mutual funds and model risk-based portfolios, combining quantitative models with Investment Committee oversight.

Keith Hardman is a CFP® professional with seven years of industry experience. He has worked at Prudent Management Associates since 2018 and previously spent four years at Bryn Mawr Trust. He is based in Philadelphia, PA. Prudent Management Associates serves high-net-worth individuals and institutional clients, including corporate pension plans and charitable organizations, offering discretionary portfolio management and limited consulting services. The firm uses low-cost, low-turnover mutual funds structured through proprietary quantitative models and discretionary oversight, managing approximately $1.14 billion across about 216 client relationships.

Fred Snitzer is a financial advisor with Prudent Management Associates in Philadelphia, PA, holding a Series 65 designation and 23 years of industry experience. He has been with Prudent Management Associates since 2002, where he is part of a six-advisor team. Prudent Management Associates serves high-net-worth individuals and institutional clients such as corporate pension and profit-sharing plans, charitable institutions, foundations, and endowments. The firm provides discretionary portfolio management and limited consulting services, managing approximately $1.14 billion across about 216 client relationships, and employs a portfolio construction approach based on low-cost mutual funds, proprietary quantitative models, and discretionary oversight by an Investment Committee.