Gresham Partners, LLC is a large advisory firm based in Chicago. It manages $7.25 billion of regulatory assets for 177 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Florida, Illinois, and 4 other states.
Gresham Partners provides financial planning services, portfolio management for pooled investment vehicles, selection of other advisers, and various wealth management services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gresham Partners, LLC is $7.25 billion. The firm's AUM has grown by 477% 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 Gresham Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Ben A. Beavers is pooled investment vehicles with 37 clients and $5.2 billion of assets under management. Among the 10 most similar advisory firms, Gresham Partners has the 5th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $7.25 billion for 177 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.
Gresham Partners also advises several private funds. Namely, eight hedge funds, four real estate funds, eleven other private funds, and fourteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.
The company employs 42 people that are either part- or full-time employees. 43 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.
Ben A. Beavers has been acting as President since 1 Nov 2007. Gregory David Schneiderman joined the executive team most recently as the Executive Vice President.
The principal office where Gresham Partners, LLC performs its advisory services is located at 333 W. Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Coral Gables, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-960-0200 or by fax 312-960-0204. 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 greshampartners.com.