Digiovine Hnilo Jordan & Johnson Financial Advisors Ltd (Naperville)

Name: Digiovine Hnilo Jordan & Johnson Financial Advisors Ltd
Address: 184 Shuman Boulevard, Naperville, IL, 60563
Telephone: 630-420-1360

Digiovine Hnilo Jordan & Johnson Financial Advisors Ltd is a large advisory firm based in Naperville. It manages $281.9 million of regulatory assets for 329 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, Indiana, and 4 other states.

Digiovine Hnilo Jordan & Johnson Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, publication of newsletters, and portfolio management for profit sharing plans & pension plans. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Digiovine Hnilo Jordan & Johnson Financial Advisors: assets under management

The assets under management (AUM) of Digiovine Hnilo Jordan & Johnson Financial Advisors Ltd is $281.9 million. The firm's AUM has grown by 183% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $275.27 million in discretionary accounts and $6.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $868.36 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $552.29 thousand.

Digiovine Hnilo Jordan & Johnson Financial Advisors has custody of $5.59 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 36% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in investment grade corporate bonds form 23% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Digiovine Hnilo Jordan & Johnson Financial Advisors Ltd for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Thomas Joseph Jordan serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Thomas Joseph Jordan is high net worth individuals with 112 clients and $215.67 million of assets under management. Among the 6 most similar advisory firms, Digiovine Hnilo Jordan & Johnson Financial Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $281.9 million for 329 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Digiovine Hnilo Jordan & Johnson Financial Advisors doesn't advise any private funds.

Careers at Digiovine Hnilo Jordan & Johnson Financial Advisors Ltd

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Thomas Joseph Jordan has been acting as President since 1 Apr 1988. Kenneth James Overholt joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Owen Johnson	Treasurer	1 Apr 1988	Other	4352599
Thomas Joseph Jordan	President	1 Apr 1988	Other	4352603
Carmen Samuel Digiovine	Vice president	1 Apr 1988	Other	1764441
Frank Otto Hnilo	Vice president	1 Apr 1988	Other	4352593
Joseph Jordon Thomas	President	1 Apr 1988	Other	4352603
Edwin James Brooks	Vice president	1 Sep 1997	Other	4352570
Kenneth James Overholt	Vice president	1 Sep 1997	Other	4352610
Brenda Joy Degeer	Secretary	1 Sep 1997	Other	4352574
Mary Anne Powers	Secretary	1 Jul 2000	Other	4519723
Paul Anthony Minta	Vice president	1 Mar 2002	Other	2775222
Mary Anne Powers	Vice president	1 Mar 2002	Other	4519723
Paul Anthony Minta	Chief compliance officer	1 Jul 2005	Other	2775222
Rebecca Maquet	Vice president	1 Jul 2008	Other	5647857
Mary Anne Powers	Secretary	1 Jul 2010	Other	4519723
Terrence John Cicero	Vice president	1 Jul 2012	Other	5346175
Patrick W. Kolzow	Vice president	1 Jul 2013	Other	6231226
Camilla Catherine Corso	Vice president	1 Jul 2015	Other	5917600
Kenneth James Overholt	Secretary	1 Jul 2017	Other	4352610
Patrick W. Kolzow	President	1 Jul 2017	Other	6231226

Based in Naperville

The principal office where Digiovine Hnilo Jordan & Johnson Financial Advisors Ltd performs its advisory services is located at 184 Shuman Boulevard, Naperville, IL 60563, which is also the mailing address of the firm. An additional office of the firm is in St. Charles, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 630-420-1360 or by fax 630-420-1463. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at dhjjfinancial.com.