E. A. Horwitz LLC (Deerfield)

Name: E. A. Horwitz LLC
Address: 1650 Lake Cook Rd., Deerfield, IL, 60015
Telephone: 224-632-4600

E. A. Horwitz LLC is a large advisory firm based in Deerfield. It manages $154.89 million of regulatory assets for 355 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Illinois, and 4 other states.

E. A. Horwitz provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

E. A. Horwitz: assets under management

The assets under management (AUM) of E. A. Horwitz LLC is $154.89 million. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $150.44 million in discretionary accounts and $4.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $424.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.45 million.

Investments

The firm invests in exchange traded securities the most. They account for 84% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 6% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay E. A. Horwitz LLC for their services and products based on a percentage of assets under management and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients E. A. Horwitz serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of E. A. Horwitz is individuals with 332 clients and $125.83 million of assets under management. Among the 11 most similar advisory firms, E. A. Horwitz has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $154.89 million for 335 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.

E. A. Horwitz doesn't advise any private funds.

Careers at E. A. Horwitz LLC

The company employs 15 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 9 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
Edward Alan Horwitz	Cco	1 Oct 2012	75% - 100%	2154232

Based in Deerfield

The principal office where E. A. Horwitz LLC performs its advisory services is located at 1650 Lake Cook Rd., Deerfield, IL 60015, which is also the mailing address of the firm. An additional office of the firm is in North Miami, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 224-632-4600 or by fax 224-632-4591. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at horwitzadvisors.com.