Bank Of America Capital Advisors, LLC is a large advisory firm based in Chicago. It manages $474 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2001.
Bank Of America Capital Advisors provides portfolio management for individuals and small businesses and 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.
The assets under management (AUM) of Bank Of America Capital Advisors, LLC is $474 million. The firm's AUM has grown by 144% 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 Bank Of America Capital Advisors, 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.
James D. Bowden has been acting as President since 1 Jul 2001. Erick Clemens Christensen joined the executive team most recently as the Chief Compliance Officer.
The principal office where Bank Of America Capital Advisors, LLC performs its advisory services is located at 231 South Lasalle 12 Th Floor, Chicago, IL 60697, 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 312-828-7876 or by fax 312-828-6200. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday.