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Powers Asset Management, LLC (Evanston)


Powers Asset Management, LLC is a large advisory firm based in Evanston. It manages $25 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Illinois.

Powers Asset Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Powers Asset Management: assets under management

The assets under management (AUM) of Powers Asset Management, LLC is $25 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.


The firm manages $25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.5 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Powers Asset Management, 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.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
The Burry 2003 Revocable Trust Investor 1 Feb 2005 50% - 75% xxx-xx-xxxx

Based in Evanston

The principal office where Powers Asset Management, LLC performs its advisory services is located at 990 Grove Street, Evanston, IL 60201, 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 847-424-1097 or by fax 847-424-1098. The normal business hours are 9 am - 5 pm on Monday - Friday.


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