Defiance Asset Management, LLC (West Conshohocken)

Defiance Asset Management, LLC is a large advisory firm based in West Conshohocken. It manages $250 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2005.

Defiance Asset Management provides market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Defiance Asset Management: assets under management

The assets under management (AUM) of Defiance Asset Management, LLC is $250 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 95% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $250 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $125 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Defiance Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

Careers at Defiance Asset Management, LLC

Robert Joseph Marcin has been acting as President since 1 Dec 2003. Mimi B Drake joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Joseph Marcin	President	1 Dec 2003	75% - 100%	1089957
Mimi B Drake	Chief compliance officer	1 Dec 2005	Other	2667357

Based in West Conshohocken

The principal office where Defiance Asset Management, LLC performs its advisory services is located at 100 Front St Suite 920, West Conshohocken, PA 19428, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.