Prudential Customer Solutions LLC (Newark)

Name: Prudential Customer Solutions LLC
Address: 213 Washington Street, Newark, NJ, 07102 2917
Telephone: (973) 802-2083

Prudential Customer Solutions LLC is a related adviser based in Newark. It manages $4.08 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Prudential Customer Solutions provides portfolio management for individuals and small businesses and rollover recommendations. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Prudential Customer Solutions: assets under management

The assets under management (AUM) of Prudential Customer Solutions LLC is $4.08 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 11930% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.08 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.58 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Prudential Customer Solutions LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Naveen Agarwal serves?

The only and largest group of clients of Naveen Agarwal is individuals with 246 clients and $4.08 million of assets under management. Among the 3 most similar advisory firms, Prudential Customer Solutions has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $4.08 million for 246 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Prudential Customer Solutions doesn't advise any private funds.

Careers at Prudential Customer Solutions LLC

Naveen Agarwal has been acting as President since 1 Oct 2016. Megan Marie Findley joined the executive team most recently as the Vice President, Member Board Of Managers.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jason Robert Chupak	Treasurer	1 Oct 2016	Other	6739250
Peter Casey Gayle	Vice president	1 Oct 2016	Other	3095277
The Prudential Insurance Company Of America	Sole member	1 Oct 2016	75% - 100%	22-1211670
Michael Sean Mcowen	Vice president	1 Oct 2016	Other	6739314
David Scott Sharp	Vice president	1 Oct 2016	Other	4350368
John Edward Sieb	Controller	1 Oct 2016	Other	6739317
Naveen Agarwal	President	1 Oct 2016	Other	4374298
Rockell Carvern Metcalf	Secretary	1 Oct 2016	Other	2440107
Patricia Lynne Kelley	Chief compliance officer	1 Oct 2016	Other	2941353
Anthony Lawrence Mcelynn	Vice president and chief compliance officer	1 Apr 2017	Other	2267348
Catherine Courtney Gordon	Secretary	1 Jan 2018	Other	2780032
Sonali Divilek	Vice president, coo and member board of managers	1 Jan 2018	Other	3258508
Robert Seth Shapiro	Secretary	1 Jun 2018	Other	7026248
Amy Lee Tedesco	Controller	1 Jun 2018	Other	7026302
Mark Edward Sieb	Treasurer	1 Jul 2018	Other	5904421
Jason Robert Chupak	Treasurer	1 Dec 2018	Other	6739250
Hema Widhani	President, member board of managers	1 May 2019	Other	6393591
Brian John Stimpfl	Vice president, coo and member board of managers	1 May 2019	Other	1845734
Megan Marie Findley	Vice president, member board of managers	1 Sep 2019	Other	2648277

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Prudential Financial	Shareholder	1 Dec 2001	75% - 100%	22-3703799

Based in Newark

The principal office where Prudential Customer Solutions LLC performs its advisory services is located at 213 Washington Street, Newark, NJ 07102 2917, which is also the mailing address of the firm. An additional office of the firm is in Plymouth, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (973) 802-2083. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at prudential.com/.