SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
PPM America Inc
Chicago, IL
PPM America, Inc., CRD 107269
Firm filing updated May 29, 2026 ·
- $93.8BAssets
- 117Advisory staff
- 67Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- OtherYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
Who the firm serves
- Pooled vehicles26
- Insurance companies15
- Investment companies1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | Fewer than 5 clients | $1.5 million |
| Investment companies | 1 | $3.4 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 26 | $11.7 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $52.5 million |
| Other investment advisors | Fewer than 5 clients | $4.4 billion |
| Insurance companies | 15 | $74.1 billion |
| Corporations or other businesses not listed above | Fewer than 5 clients | $32.2 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 5 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Portfolio management for individuals and/or small businesses
- 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 advisors (including private fund managers)
Assets and accounts
- Regulatory assets$93.8 billion
- Accounts67
- Discretionary$92.9 billion · 57 accounts
- Non-discretionary$846.4 million · 10 accounts
People
- Employees217
- Advisory staff117
- Broker-dealer reps8
- Licensed insurance agents0
Registration details
- Legal name: PPM America, Inc. SEC-registered investment advisor. CRD 107269, SEC file 801-40783.
- Registered with the SEC as an investment advisor (status date on record: February 20, 1992).
Is PPM America Inc a fiduciary?
Short answer: PPM America Inc is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 8 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.