Glencoe Limited, L.L.C. is a large advisory firm based in Chicago. It manages $171.3 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.
Glencoe Limited, L.L.C provides portfolio management for pooled investment vehicles 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.
The assets under management (AUM) of Glencoe Limited, L.L.C. is $171.3 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -82% 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 Glencoe Limited, L.L.C. 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 only and largest group of clients of David S Evans is pooled investment vehicles with 5 clients and $171.3 million of assets under management. Among the 9 most similar advisory firms, Glencoe Limited, L.L.C has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $171.3 million for 5 clients. None of the firm’s clients are foreign persons or businesses.
Glencoe Limited, L.L.C also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $150,000,000.
The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. No 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.
David S Evans has been acting as President since 1 Jul 1998. Nick Robert Iovino joined the executive team most recently as the Controller And Chief Compliance Officer.
The principal office where Glencoe Limited, L.L.C. performs its advisory services is located at 444 North Michigan Avenue, Chicago, IL 60611, 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 312-795-6300 or by fax 312-795-6301. The normal business hours are 8:30am - 5:00pm ct on Monday - Friday. You can find more information about the New York firm at stockwellcapital.com.