Fort Sheridan Advisors LLC is a large advisory firm based in Highland Park. It manages $197.18 million of regulatory assets for 80 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Illinois.
Fort Sheridan Advisors provides portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. 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 Fort Sheridan Advisors LLC is $197.18 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -87% 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 Fort Sheridan Advisors LLC for their services and products based on a percentage of assets under management, fixed fees, 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 firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Fort Sheridan Advisors is high net worth individuals with 30 clients and $185.33 million of assets under management. Among the 10 most similar advisory firms, Fort Sheridan Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $197.18 million for 79 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.
Fort Sheridan Advisors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 6 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.
The principal office where Fort Sheridan Advisors LLC performs its advisory services is located at 600 Central Avenue, Highland Park, IL 60035, 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 847-559-9700 or by fax 847-926-3160. The normal business hours are 8:00 a.m. to 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at fortllc.com.