Founded in 1982, Prudent Management Associates is a SEC registered, fee-only investment advisory firm. PMA manages about $1 billion in client assets for high net worth individuals, multi-generational families and not-for-profit organizations. PMA’s guiding investment principle is the management of risk - investors should take no more risk than is required to achieve a return appropriate for a given set of goals. Because investors do not know the future, a steady process that balances the art and science of investing is critical to success. Rigorous analysis and thoughtful pragmatism have been at the core of PMA since its beginning. PMA’s team has been privileged to serve many of our clients for 20+ years and we treasure these relationships; our clients’ interests always come first and their goals are our mission. Read more about PMA's story, investment process and personnel on our website, www.prudentmanagement.com.