Invesco Powershares Capital Management LLC (Downers Grove)

Name: Invesco Powershares Capital Management LLC
Address: 3500 Lacey Road, Downers Grove, IL, 60515
Telephone: 800-983-0903

Invesco Powershares Capital Management LLC is a large advisory firm based in Downers Grove. It manages $86.87 billion of regulatory assets for 205 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Illinois.

Invesco Powershares Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and sponsor to the qqq trust series 1 and the bldrs index funds trust. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Invesco Powershares Capital Management: assets under management

The assets under management (AUM) of Invesco Powershares Capital Management LLC is $86.87 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 885% since the beginning of its operation, and $6.8 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $86.87 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $423.75 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Invesco Powershares Capital Management LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Harold B Bond serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Harold B Bond is investment companies with 194 clients and $82.23 billion of assets under management. Among the 10 most similar advisory firms, Invesco Powershares Capital Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $86.87 billion for 205 clients. 26% of the firm’s clients are foreign persons or businesses.

Invesco Powershares Capital Management doesn't advise any private funds.

Careers at Invesco Powershares Capital Management LLC

The company employs 97 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 isn’t anyone 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 receive compensation from other entities for client referrals.

Harold B Bond has been acting as President since 1 Nov 2009. Melanie L Hulett joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Wilder Southard	Managing director	1 Feb 2003	Other	2298350
Kevin Richard Gustafson	General counsel	1 Sep 2004	Other	5029392
Bruce T Duncan	Chief financial officer	1 Mar 2006	Other	5225210
Inc Invesco Aim Management Group	Direct owner	1 Sep 2006	75% - 100%	76-0528004
Harold B Bond	President managing director	1 Nov 2007	Other	4636646
Deanna Broggi Marotz	Cco	1 Mar 2008	Other	1740945
Andrew Ryan Schlossberg	Managing director-us strategy and marketing	1 Nov 2009	Other	2782834
David Colvin Warren	Managing director - chief administrative officer-north american retail	1 Nov 2009	Other	4664351
John Mark Zerr	Managing director	1 Nov 2009	Other	2792416
Harold B Bond	Chairman	1 Nov 2009	Other	4636646
Benjamin Thomas Fulton	Managing director-global etf business	1 Nov 2009	Other	1520661
Invesco North American Holdings Inc.	Direct owner	1 Dec 2009	75% - 100%	51-0264787
Todd Lawrence Spillane	Trusts' cco	1 Mar 2010	Other	1884586
Anna Paglia	Head of legal	1 Apr 2011	Other	5916309
Roderick George Howard Ellis	Chief financial officer	1 Jul 2011	Other	4354580
Daniel Eugene Draper	Managing director-invesco powershares gbl etfs	1 Sep 2013	Other	4008578
Brian Christopher Hartigan	Head of investments	1 May 2015	Other	4227272
Christopher Chuck Joe	Chief compliance officer	1 Sep 2015	Other	2373056
Daniel Eugene Draper	Chief executive officer- invesco powershares capital management	1 Mar 2016	Other	4008578
Annette Janecka Lege	Chief financial officer	1 Mar 2017	Other	2244646
Adam Henkel	Chief compliance officer	1 Mar 2017	Other	6287640
Melanie L Hulett	Chief compliance officer	1 Nov 2017	Other	2988973
Melanie Hulett Zimdars	Chief compliance officer	1 Nov 2017	Other	2988973

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Ivz	Direct owner	1 Feb 1997	Other	58-2287224
Invesco Ltd	Direct owner	1 Feb 1997	Other	foreign
Inc. Invesco Holding Company (Us)	Sole shareholder	1 Feb 1997	75% - 100%	58-2287224
Invesco Ltd	Sole shareholder	1 Jan 2002	75% - 100%	bermuda
Invesco Holding Company Limited	Sole shareholder	1 Jan 2002	75% - 100%	united kingdom
Inc. Invesco Management Group	Sole shareholder	1 Dec 2009	75% - 100%	76-0528004
Inc. Invesco Group Services	Sole shareholder	1 Jun 2010	75% - 100%	58-1995394
Ivz Uk Limited	Sole shareholder	1 Sep 2010	75% - 100%	united kingdom

Based in Downers Grove

The principal office where Invesco Powershares Capital Management LLC performs its advisory services is located at 3500 Lacey Road, Downers Grove, IL 60515, 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 800-983-0903 or by fax 630-933-9699. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at invescopowershares.net.