Ubs Oconnor LLC is a large advisory firm based in Chicago. It manages $8.34 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, New York, and Tennessee.
Ubs Oconnor provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ubs Oconnor LLC is $8.34 billion. The firm's AUM has grown by 77% since the beginning of its operation, and $3.5 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Ubs Oconnor LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Ubs Oconnor is pooled investment vehicles with 25 clients and $8.28 billion of assets under management. Among the 7 most similar advisory firms, Ubs Oconnor has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $8.28 billion for 25 clients. 42% of the firm’s clients are foreign persons or businesses.
Ubs Oconnor also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.
The company employs 121 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 8 people 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.
Kevin Gary Russell has served as the Chief Investment Officer since 1 Jan 2016 and Joseph Francis Scoby is the Chief Executive Officer of Ubs Oconnor LLC family office. Michael Nicholas Esposito joined the executive team most recently as the Chief Compliance Officer.
The principal office where Ubs Oconnor LLC performs its advisory services is located at One North Wacker Drive, 32 Nd Floor, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-525-6000 or by fax 312-525-5042. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at ubs.com/oconnor.com.