Equitrust Financial Group, Ltd. is a large advisory firm based in Deerfield. It manages $282.92 million of regulatory assets for 612 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Florida, and 5 other states.
Equitrust Financial Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Equitrust Financial Group, Ltd. is $282.92 million. The firm's AUM has grown by 430% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Equitrust Financial Group, Ltd. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Steven Lawrence Hyman is high net worth individuals with 77 clients and $149.66 million of assets under management. Among the 6 most similar advisory firms, Equitrust Financial Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $282.06 million for 395 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.
Equitrust Financial Group doesn't advise any private funds.
The company employs 12 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 5 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.
Steven Lawrence Hyman has been acting as President since 1 Aug 1991. Charles M Noparstak joined the executive team most recently as the Vice President/Chief Compliance Officer.
The principal office where Equitrust Financial Group, Ltd. performs its advisory services is located at 570 Lake Cook Rd., Deerfield, IL 60015, which is also the mailing address of the firm. An additional office of the firm is in Hinsdale, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 847-317-0200 or by fax 847-317-0214. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at equitrustfinancial.com.