Hratch Minassian is a registered investment advisor at Principal Asset Management, based in Waltham, MA, with 29 years of industry experience. Hratch operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 7,399 clients with $360B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Principal AM's fees are generally based on a percentage of the value of the assets they manage or a fixed fee. Fees can vary and may be negotiable depending on factors like the client's relationship with Principal AM, the number of accounts managed, the size of the account, and the services provided. Fees and allocations can be fixed, fixed plus performance-based, or performance-based only. Certain fixed fees are required to be paid up front.
Location
Waltham, MA
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Hratch is an access/supervised person of Principal Global Investors, LLC. He is also a resident agent for Minnanco, LLC, managing rental properties, and the President/Treasurer of Shnorig Minassian Armenian School Children's Educations Fund, Inc., dedicating minimal time to both activities.
Employment History
Current Registrations
Principal Asset Management
Principal Funds Distributor, INC.
Principal Funds Distributor, INC.Broker
Previous Registrations
Legg Mason Investor Services, LLCBroker
Citigroup Global Markets INC.Broker
Salomon Brothers INC.Broker
Dean Witter Reynolds INC.Broker
State Registrations7 states
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