Prague Wealth Management s.r.o.

Overview

Prague Wealth Management s.r.o. operates the website pwmanagement.cz. A 2021 Form ADV identifies the firm as PRAGUE WEALTH MANAGEMENT, S.R.O., with FINRA CRD number 157408 and SEC file number 801-73143. The filing describes its Czech s.r.o. structure as equivalent to a limited liability company in the United States.¹²

Leadership

The 2021 filing identifies Irma Comstockova as sole managing member, president, and chief counsel; Craig Comstock as manager, financial advisory; and Karol Suchanek as chief compliance officer and operations manager.²

Services

The firm’s advisory activities include financial planning and portfolio management for individuals and small businesses. It also provides portfolio management for investment companies and selects other advisers, including private fund managers.²

The filing describes additional travel and concierge support, including hotel booking, coordination of ground and air transportation, property maintenance, household staff management, and household bill management.²

What the firm offers

• Investment management
• Financial planning
• Administration and bill pay

Client focus

Reported client assets included $169,274,384 for 1 high-net-worth individual, $1,660,741 for 1 investment company, and $77,292,374 for 1 trust.²

Approach

The firm reported continuous, non-discretionary portfolio supervision for 3 accounts, with total regulatory assets under management of $248,227,499 in its 2021 amendment. It also reported $151,828,254 of regulatory assets attributable to non-United States persons.²

The firm reported compensation through a percentage of assets under management.²

Assets

As reported in the 2021 Form ADV amendment, Prague Wealth Management had $248,227,499 in regulatory assets under management across 3 accounts.²

FAQs

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Sources

1. Prague Wealth Management website
2. 2021 Form ADV, PRAGUE WEALTH MANAGEMENT, S.R.O.

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.