Harbour Financial Resources, Ltd (Skokie)

Harbour Financial Resources, Ltd is a large advisory firm based in Skokie. It manages $109.04 million of regulatory assets for 495 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Texas, and Wisconsin.

Harbour Financial Resources provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Harbour Financial Resources: assets under management

The assets under management (AUM) of Harbour Financial Resources, Ltd is $109.04 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 37% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harbour Financial Resources, Ltd for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Harbour Financial Resources serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Harbour Financial Resources is high net worth individuals with 50 clients and $69 million of assets under management. Among the 10 most similar advisory firms, Harbour Financial Resources has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $109.04 million for 182 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.

Harbour Financial Resources doesn't advise any private funds.

Careers at Harbour Financial Resources, Ltd

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Alan Leon	President & chief compliance officer	1 May 1994	75% - 100%	2104931

Based in Skokie

The principal office where Harbour Financial Resources, Ltd performs its advisory services is located at 9933 Lawler Ave., Suite 500, Skokie, IL 60077 4302, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-675-6836 or by fax 847-675-4465. The normal business hours are 9:00 am - 5:00pm on Monday - Friday.