Dibenedetto & Associates Ltd (Loves Park)

Name: Dibenedetto & Associates Ltd
Address: 4920 Forest Hills Road, Loves Park, IL, 61111
Telephone: 815-654-8850

Dibenedetto & Associates Ltd is a large advisory firm based in Loves Park. It manages $176.88 million of regulatory assets for 559 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Illinois and Texas.

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

Dibenedetto & Associates: assets under management

The assets under management (AUM) of Dibenedetto & Associates Ltd is $176.88 million. The firm's AUM has grown by 75% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $161.97 million in discretionary accounts and $14.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $292.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.49 million.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is exchange traded securities, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dibenedetto & Associates 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 Charles Joseph Dibenedetto serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Charles Joseph Dibenedetto is individuals with 262 clients and $73.88 million of assets under management. Among the 11 most similar advisory firms, Dibenedetto & Associates has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $176.88 million for 298 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.

Dibenedetto & Associates doesn't advise any private funds.

Careers at Dibenedetto & Associates 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. 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.

Charles Joseph Dibenedetto has been acting as President since 1 Feb 1998. Jeffrey Charles Dibenedetto joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Joseph Dibenedetto	President	1 Feb 1998	75% - 100%	1069468
Alex Jason Dibenedetto	Chief compliance officer	1 Jul 1998	Other	3134042
Jeffrey Charles Dibenedetto	Vice president	1 Jan 2004	Other	3036881

Based in Loves Park

The principal office where Dibenedetto & Associates Ltd performs its advisory services is located at 4920 Forest Hills Road, Loves Park, IL 61111, 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 815-654-8850 or by fax 815-654-8795. The normal business hours are 8am to 4:30pm on Monday - Friday. You can find more information about the New York firm at trustdnb.com.