Clients
Pgim serves 611 clients, 255 of them pooled investment vehicles. The average client has about $1.85 billion with the firm.
- Banking or thrift institutions6 clients2%
- Investment companies90 clients19%
- Pooled investment vehicles255 clients24%
- Pension and profit-sharing plans111 clients11%
- State or municipal government entities35 clients2%
- OtherInsurance companies, Sovereign wealth funds and foreign official institutions, High-net-worth individuals, Charitable organizations, Other investment advisers, Corporations and other businesses, Other41%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Not reported | $870,166,611 | 0.1% | — |
| Banking or thrift institutions | 6 | $27,200,584,357 | 2.4% | $4.53B |
| Investment companies | 90 | $215,496,073,382 | 19.0% | $2.39B |
| Pooled investment vehicles | 255 | $274,444,074,104 | 24.3% | $1.08B |
| Pension and profit-sharing plans | 111 | $122,396,053,790 | 10.8% | $1.10B |
| Charitable organizations | Not reported | $647,784,201 | 0.1% | — |
| State or municipal government entities | 35 | $26,706,591,560 | 2.4% | $763.0M |
| Other investment advisers | 7 | $5,085,923,085 | 0.4% | $726.6M |
| Insurance companies | 55 | $383,284,775,490 | 33.9% | $6.97B |
| Sovereign wealth funds and foreign official institutions | 22 | $58,175,856,455 | 5.1% | $2.64B |
| Corporations and other businesses | 11 | $10,794,948,331 | 1.0% | $981.4M |
| Other | 19 | $6,535,773,961 | 0.6% | $344.0M |
| Total | 611 | $1,131,638,605,327 | 100% | $1.85B |
- Clients
- Not reported
- Regulatory AUM
- $870,166,611
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 6
- Regulatory AUM
- $27,200,584,357
- Share
- 2.4%
- Avg. per client
- $4.53B
- Clients
- 90
- Regulatory AUM
- $215,496,073,382
- Share
- 19.0%
- Avg. per client
- $2.39B
- Clients
- 255
- Regulatory AUM
- $274,444,074,104
- Share
- 24.3%
- Avg. per client
- $1.08B
- Clients
- 111
- Regulatory AUM
- $122,396,053,790
- Share
- 10.8%
- Avg. per client
- $1.10B
- Clients
- Not reported
- Regulatory AUM
- $647,784,201
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 35
- Regulatory AUM
- $26,706,591,560
- Share
- 2.4%
- Avg. per client
- $763.0M
- Clients
- 7
- Regulatory AUM
- $5,085,923,085
- Share
- 0.4%
- Avg. per client
- $726.6M
- Clients
- 55
- Regulatory AUM
- $383,284,775,490
- Share
- 33.9%
- Avg. per client
- $6.97B
- Clients
- 22
- Regulatory AUM
- $58,175,856,455
- Share
- 5.1%
- Avg. per client
- $2.64B
- Clients
- 11
- Regulatory AUM
- $10,794,948,331
- Share
- 1.0%
- Avg. per client
- $981.4M
- Clients
- 19
- Regulatory AUM
- $6,535,773,961
- Share
- 0.6%
- Avg. per client
- $344.0M
Total
- Clients
- 611
- Regulatory AUM
- $1,131,638,605,327
- Share
- 100%
- Avg. per client
- $1.85B
What it does
Pgim provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars and other activities. It is paid through a percentage of assets, fixed fees, performance-based fees and other arrangements.
Pgim advises 171 private funds.
99.5% of assets ($1125.55B across 921 accounts) are managed with discretion; $6.09B across 17 accounts are not. 40% of clients are outside the U.S., and 2 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks1%
- Bonds77%
- Investment grade corporate bonds56%
- U.S. government and agency bonds10%
- Sovereign bonds6%
- High-yield corporate bonds5%
- Cash7%
- Other15%
- Market value of physical real estate, real estate related securities (e.g.reits), non-agency asset backed securities, foreign sovereign and supranationl bonds, receivables and other assets excluding payables and other liabilities, unfunded commitments15%
Custodians
Pgim’s client accounts are held mainly at J.P. Morgan, with 25% of managed assets, and State Street Bank and Trust, with 7%. Pgim has custody of $102.89B for 73 clients.
- J.P. MorganJP Morgan Chase Holdings LLC · New York, NY · $281.54B25%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $76.88B7%
- Citibank, National AssociationCitibank, National Association · Sioux Falls, SD · $67.59B6%
- Bank of New York MellonBank of New York Mellon · New York, NY · $66.95B6%
- All other custodians$638.67B56%
Ownership and leadership
Pgim Holding Company LLC owns 75% or more of Pgim.
- Owns 75% or more of Pgim, Inc.
Pgim Holding Company LLC
Control person · since June 2000
- Owns 75% or more of Pgim Holding Company LLC
Prudential Financial, Inc.
Control person · since April 2006
Leadership
- Jacques ChappuisDirector, President & CEO
- Jurgen MuhlhauserDirector & Chief Financial Officer
- John EwingChief Compliance Officer & Chief Legal Officer
- Mathew DouglassDirector
- John VibertDirector
Staff
- 1,990 employees
- 1,350 in advisory functions
- 145 broker-dealer reps
- 8 insurance agents
- 1 soliciting firm
Fees
Pgim is paid through a percentage of assets under management, fixed fees (other than subscription fees), performance-based fees and other.
Pgim’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Pgim has 16 offices, with 16 listed addresses across 10 states.
California · 5 listed addresses
- 2029 Century Park East, Los Angeles
- 2801 Townsgate Road, Thousand Oaks
- 101 California Street, San Francisco
- 2998 Douglas Boulevard, Roseville
- 5 River Park Place East, Fresno
Georgia · 2 listed addresses
- 1075 Peachtree Street, Atlanta
- 3350 Peachtree Road, Atlanta
Texas · 2 listed addresses
- 2200 Ross Avenue, Dallas
- 2100 Ross Avenue, Dallas
Arkansas · 1 listed address
- 712 Windover Road, Jonesboro
Florida · 1 listed address
- 1111 Brickell Avenue, Miami
Illinois · 1 listed address
- 150 North Riverside, Chicago
Minnesota · 1 listed address
- 60 South 6th Street, Minneapolis
New Jersey · 1 listed address
- 655 Broad ST., NewarkHQ
New York · 1 listed address
- 375 9th Avenue(2 Manhattan West), New York
Virginia · 1 listed address
- 3901 Fairfax, Arlington
Other business names
Pgim has reported 8 other business names to the SEC.
- Pgim
- Pgim Capital Partners
- Pgim Credit
- Pgim Energy Partners
- Pgim Real Estate
- Pricoa Private Capital
- Prudential Financial, Inc. ("pfi")
- Prudential Real Estate Fixed Income Investors ("prefii")
Registration details
- Legal name
- Pgim, Inc.
- Headquarters
- 655 Broad ST., Newark, NJ 07102
- Phone
- 973-367-6335
- Website
- www.pgim.com
- SEC file
- 801-22808
- Structure
- New Jersey corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Pgim have?
Pgim has 611 clients and manages $1131.6 billion for them, as of April 2026. They include 255 pooled investment vehicles, 111 pension and profit-sharing plans and 90 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 April 2026
What services does Pgim offer?
Pgim provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Pgim use?
Pgim’s separately managed account assets are held at JP Morgan Chase Holdings LLC (New York, NY), with $281,542,019,366, State Street Bank and Trust Company (Boston, MA), with $76,884,704,099, Citibank, National Association (Sioux Falls, SD), with $67,591,516,239 and Bank of New York Mellon (New York, NY), with $66,950,508,896. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 April 2026
How many financial advisors does Pgim have?
Pgim has 0 investment adviser representatives registered with state securities authorities, out of 1,990 employees, and 1,350 perform investment advisory functions. 145 are registered representatives of a broker-dealer and 8 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Pgim invest in?
At the end of its last fiscal year, Pgim’s separately managed accounts held 56% investment grade corporate bonds, 15% market value of physical real estate, real estate related securities (e.g.reits), non-agency asset backed securities, foreign sovereign and supranationl bonds, receivables and other assets excluding payables and other liabilities, unfunded commitments, 10% U.S. government and agency bonds, 7% cash and equivalents, 6% sovereign bonds, 5% high-yield corporate bonds and 1% exchange-traded equities. It advises 171 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pgim?
Pgim is owned through a holding company by Prudential Financial, Inc. Its direct owner is Pgim Holding Company LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 April 2026
How does Pgim get paid?
Pgim is paid through a percentage of assets under management, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file