Hemsley Advisors, Ltd. (Chicago)

Hemsley Advisors, Ltd. is a large advisory firm based in Chicago. It manages $340.61 million of regulatory assets for 621 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Florida, Illinois, and 5 other states.

Hemsley Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hemsley Advisors: assets under management

The assets under management (AUM) of Hemsley Advisors, Ltd. is $340.61 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.98 million in discretionary accounts and $335.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $498.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $549.31 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 15% of the firm’s portfolio. Investments in investment and business development companies form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hemsley Advisors, 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.

What kind of clients George Gerard Hemsley serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of George Gerard Hemsley is high net worth individuals with 98 clients and $289.15 million of assets under management. Among the 11 most similar advisory firms, Hemsley Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $339.76 million for 251 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.

Hemsley Advisors doesn't advise any private funds.

Careers at Hemsley Advisors, Ltd.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

George Gerard Hemsley has been acting as President since 1 Jul 1994. Nijole Marija Astra Valaitis joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Gerard Hemsley	President	1 Jul 1994	75% - 100%	1103817
Joanne Caterina Hemsley	Secretary	1 Jul 1994	Other	2104858
Nijole Marija Astra Valaitis	Chief compliance officer	1 Oct 2004	Other	4548415

Based in Chicago

The principal office where Hemsley Advisors, Ltd. performs its advisory services is located at 311 S Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Barrington, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-381-7314 or by fax 847-381-2768. The normal business hours are 8:30 am to 4:00 pm on Monday - Friday.