Asset Manager

Updated:

A-Mark Precious Metals

A-Mark Precious Metals is a precious-metals trading firm in El Segundo, CA, led by Kevin Pelo.

A-Mark Precious Metals

A-Mark Precious Metals operates as a precious-metals trading and logistics firm headquartered in El Segundo, California. Its public-facing resources do not disclose a founding year, a named founder, or the origin of the capital that backs its balance sheet. The firm's revenue model centers on wholesale distribution of bullion bars, coins, and rounds sourced from mints including the United States Mint. It offers spot and forward trading, secured inventory financing through leases and consignments, and custom minting services. The trading desk is open 17 hours a day, covering US, Asian, and European sessions. Named portfolio companies or investments are not disclosed. A-Mark employs a trading team that includes Kevin Pelo as EVP & Head of Global Metals Trading, along with desk heads in the US, Asia, and Vienna. It maintains at least one additional office, though the total number of professionals is not published. The firm does not publicly describe philanthropic or operating-company structures. The firm's structural differentiator is its concurrent role as both a market maker and a secured lender in the precious-metals ecosystem, using its own inventory to finance commercial counterparties. Its governance and ownership structure remain opaque.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

El Segundo

Corporate office

El Segundo, CA, United States

Principals

Kevin Pelo

EVP & Head of Global Metals Trading

Rick Gibbons

SVP of Trading

Roy Friedman

SVP of Trading

Guan Ho Koh

Trader

Michael Schuller

Trader

Sector focus

Precious MetalsCommoditiesTrading

Frequently asked questions

Who runs investment decisions at A-Mark Precious Metals?

Trading decisions at A-Mark are led by Kevin Pelo, who serves as EVP & Head of Global Metals Trading. The firm's trading desk includes senior vice presidents Rick Gibbons and Roy Friedman, along with traders covering US, Asian, and European markets. No single CEO or CIO is publicly named.

How does A-Mark source proprietary deal flow?

A-Mark sources through its wholesale distribution relationships with the world's largest mints, including the United States Mint. It also generates flow from its 17-hour trading desk and its secured inventory financing business, which provides leases and consignments to commercial counterparts.

Is A-Mark structured as a single family office or does it operate more like a trading firm?

A-Mark operates as a publicly traded precious-metals trading firm. Its structure is best described as a commodity trading and logistics company, not a family office. The firm does not identify as a family office or wealth manager.

Does A-Mark participate in fund commitments or only direct deals?

A-Mark does not describe itself as participating in external fund commitments. Its disclosed activities are limited to direct precious-metals trading, secured financing, and custom minting. No fund investments or co-investments are mentioned.

What investment stages does A-Mark typically target?

A-Mark does not target investment stages. It operates as a wholesale distributor and market maker in precious metals, not as a venture or private-equity investor. Its engagement is transactional rather than stage-based.

Which sectors does A-Mark explicitly avoid?

A-Mark does not publicly specify sectors it avoids. Its entire reported business is focused on precious metals. There is no indication it invests in technology, real estate, or other asset classes.

Where does the underlying wealth come from?

The wealth origin behind A-Mark is not publicly disclosed. The firm's ownership structure and the personal wealth of its principals are not detailed in available materials.

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