Schlindwein Associates LLC is a large advisory firm based in Chicago. It manages $170.75 million of regulatory assets for 457 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois and Texas.
Schlindwein Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and investment advice through consultations not specifically mentioned above.. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Schlindwein Associates LLC is $170.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 105% 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 Schlindwein Associates LLC 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, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Schlindwein Associates is high net worth individuals with 45 clients and $124.1 million of assets under management. Among the 8 most similar advisory firms, Schlindwein Associates has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $170.75 million for 151 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.
Schlindwein Associates doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 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.
The principal office where Schlindwein Associates LLC performs its advisory services is located at 20 North Wacker Dr, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-332-1520 or by fax 312-332-8817. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at sallc.com/.