Industrial Opportunity Partners, LLC (Evanston)

Name: Industrial Opportunity Partners, LLC
Address: 1603 Orrington Avenue, Evanston, IL, 60201
Telephone: 847-556-3460

Industrial Opportunity Partners, LLC is a large advisory firm based in Evanston. It manages $850.19 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012.

Industrial Opportunity Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Industrial Opportunity Partners: assets under management

The assets under management (AUM) of Industrial Opportunity Partners, LLC is $850.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 239% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $850.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $212.55 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Industrial Opportunity Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Industrial Opportunity Partners serves?

The only and largest group of clients of Industrial Opportunity Partners is pooled investment vehicles with 4 clients and $850.19 million of assets under management. Among the 5 most similar advisory firms, Industrial Opportunity Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $850.19 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Industrial Opportunity Partners also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $5,000,000.

Careers at Industrial Opportunity Partners, LLC

The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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
Kenneth Marc Tallering	Member	1 Feb 2005	50% - 75%	5913710
Robert Mathew Vedra	Member	1 Feb 2005	25% - 50%	5913715
Adam Richard Gottlieb	Member	1 Feb 2005	25% - 50%	5913714
Michael Joseph Hering	Chief financial officer/chief compliance officer	1 Feb 2006	Other	5913716

Based in Evanston

The principal office where Industrial Opportunity Partners, LLC performs its advisory services is located at 1603 Orrington Avenue, Evanston, IL 60201, 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 847-556-3460 or by fax 847-556-3461. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at iopfund.com.