Heitman Real Estate Securities LLC is a large advisory firm based in Chicago. It manages $4.13 billion of regulatory assets for 42 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Heitman Real Estate Securities provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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 Heitman Real Estate Securities LLC is $4.13 billion. The firm's AUM has grown by 346% since the beginning of its operation, and $1.78 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Heitman Real Estate Securities 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.
The firm provides services to investment companies, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Heitman Real Estate Securities is pooled investment vehicles with 18 clients and $2.81 billion of assets under management. Among the 11 most similar advisory firms, Heitman Real Estate Securities has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.52 billion for 30 clients. 43% of the firm’s clients are foreign persons or businesses.
Heitman Real Estate Securities doesn't advise any private funds.
The company employs 46 people that are either part- or full-time employees. 15 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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 Heitman Real Estate Securities LLC performs its advisory services is located at 191 North Wacker Drive, Chicago, IL 60606 1615, 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 312-855-5700. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at heitman.com.