{"url":"https://nivawealth.com/firms/pgim-105676","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105676","regulatoryAum":1131638605327,"crd":"105676","secFileNumber":"801-22808","legalName":"Pgim, Inc.","displayName":"Pgim","website":"https://www.pgim.com","founded":null,"organization":"New Jersey corporation","fiscalYearEnd":"December","headquarters":{"street":"655 Broad ST.","city":"Newark","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"07102"},"tradeNames":["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":{"secApproved":"7 December 1984","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":1990,"advisory":1350,"brokerDealerReps":145,"insuranceAgents":8,"promoters":1},"aum":{"discretionary":1125545473579,"discretionaryAccounts":921,"nonDiscretionary":6093131748,"nonDiscretionaryAccounts":17,"wrapProgram":null,"nonUsClientsPct":40,"nonAumClients":2},"clientTypes":[{"label":"High-net-worth individuals","clients":null,"regulatoryAum":870166611},{"label":"Banking or thrift institutions","clients":6,"regulatoryAum":27200584357},{"label":"Investment companies","clients":90,"regulatoryAum":215496073382},{"label":"Pooled investment vehicles","clients":255,"regulatoryAum":274444074104},{"label":"Pension and profit-sharing plans","clients":111,"regulatoryAum":122396053790},{"label":"Charitable organizations","clients":null,"regulatoryAum":647784201},{"label":"State or municipal government entities","clients":35,"regulatoryAum":26706591560},{"label":"Other investment advisers","clients":7,"regulatoryAum":5085923085},{"label":"Insurance companies","clients":55,"regulatoryAum":383284775490},{"label":"Sovereign wealth funds and foreign official institutions","clients":22,"regulatoryAum":58175856455},{"label":"Corporations and other businesses","clients":11,"regulatoryAum":10794948331},{"label":"Other","clients":19,"regulatoryAum":6535773961}],"fees":[],"feeNotes":[],"custodians":[{"name":"JP Morgan Chase Holdings LLC","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":281542019366},{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":76884704099},{"name":"Citibank, National Association","shortName":"Citibank, National Association","location":"Sioux Falls, SD","smaAssets":67591516239},{"name":"Bank of New York Mellon","shortName":"Bank of New York Mellon","location":"New York, NY","smaAssets":66950508896}],"custodyNote":"Pgim has custody of $102.89B for 73 clients.","otherCustodians":[],"leadership":[{"name":"Jacques Chappuis","title":"Director, President & CEO","crd":"1908265"},{"name":"Jurgen Muhlhauser","title":"Director & Chief Financial Officer","crd":"1733704"},{"name":"John Ewing","title":"Chief Compliance Officer & Chief Legal Officer","crd":"6611155"},{"name":"Mathew Douglass","title":"Director","crd":"2516114"},{"name":"John Vibert","title":"Director","crd":"2425424"}],"ownership":[{"label":"Pgim Holding Company LLC","detail":"Shareholder in the 75% or more ownership band and a control person, since June 2000."},{"label":"Prudential Financial, Inc.","detail":"Indirect owner: a shareholder of Pgim Holding Company LLC in the 75% or more band and a control person, since April 2006.","parent":"Pgim Holding Company LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":16,"privateResidences":0},"listedOfficeAddresses":16,"officesByState":[{"state":"Arkansas","offices":1,"addresses":[{"street":"712 Windover Road","city":"Jonesboro"}]},{"state":"California","offices":5,"addresses":[{"street":"2029 Century Park East","city":"Los Angeles"},{"street":"2801 Townsgate Road","city":"Thousand Oaks"},{"street":"101 California Street","city":"San Francisco"},{"street":"2998 Douglas Boulevard","city":"Roseville"},{"street":"5 River Park Place East","city":"Fresno"}]},{"state":"Florida","offices":1,"addresses":[{"street":"1111 Brickell Avenue","city":"Miami"}]},{"state":"Georgia","offices":2,"addresses":[{"street":"1075 Peachtree Street","city":"Atlanta"},{"street":"3350 Peachtree Road","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"150 North Riverside","city":"Chicago"}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"60 South 6th Street","city":"Minneapolis"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"655 Broad ST.","city":"Newark","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"375 9th Avenue(2 Manhattan West)","city":"New York"}]},{"state":"Texas","offices":2,"addresses":[{"street":"2200 Ross Avenue","city":"Dallas"},{"street":"2100 Ross Avenue","city":"Dallas"}]},{"state":"Virginia","offices":1,"addresses":[{"street":"3901 Fairfax","city":"Arlington"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"973-367-6335","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":10},{"label":"Sovereign bonds","percent":6},{"label":"Investment grade corporate bonds","percent":56},{"label":"Non-investment grade corporate bonds","percent":5},{"label":"Cash and cash equivalents","percent":7},{"label":"Other","percent":15,"detail":"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"}],"privateFunds":171},"sources":{"adv1FilingDate":"28 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105676/PDF/105676.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Pgim have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Pgim offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Pgim use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Pgim have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Pgim invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Pgim?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Pgim get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}