Personal Investment Management Inc

Personal Investment Management, Inc. is an SEC Registered Investment Adviser founded in 1984 by Christopher J. Reedy, Rodney G. Coyan, and Brian C. Fahey. The firm specializes in providing professional investment management and financial consulting services to individuals, families, trusts, estates, and family businesses. They develop and manage model portfolios primarily consisting of stock and bond mutual funds, ETFs, and cash equivalents. PIM also offers retirement planning services and financial counseling at no additional cost. The firm manages a total of 492 client households with assets under management totaling $534,312,683 as of December 31, 2023, all managed on a discretionary basis. PIM charges investment advisory fees based on the aggregate household market value of assets under management, with different fee schedules for accounts held at different custodians. The minimum annual fee per client household is $1,000. PIM does not charge performance-based fees and does not share in client capital gains. The firm does not have a minimum account size but has a minimum annual fee. PIM employs fundamental and technical analysis to determine asset allocation and investment strategies based on client goals and risk tolerance. Clients grant PIM discretionary trading authority, allowing the firm to make investment decisions without specific client consent. PIM does not vote on client securities proxies, and clients are responsible for voting. The firm does not have any financial impairment that would affect meeting contractual commitments to clients.