Elkhorn Investments, LLC (Chicago)

Name: Elkhorn Investments, LLC
Address: 845 W Washington Blvd, Chicago, IL, 60607
Telephone: 630-355-4676

Elkhorn Investments, LLC is an investment adviser to an investment company based in Chicago. It manages $237.9 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Illinois.

Elkhorn Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Elkhorn Investments: assets under management

The assets under management (AUM) of Elkhorn Investments, LLC is $237.9 million. The firm's AUM has grown by 1378% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $237 million in discretionary accounts and $900 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $59.25 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $900 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Elkhorn Investments, LLC for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients Elkhorn Investments serves?

The only and largest group of clients of Elkhorn Investments is investment companies with 5 clients and $237.9 million of assets under management. Among the 9 most similar advisory firms, Elkhorn Investments has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $237.9 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Elkhorn Investments doesn't advise any private funds.

Careers at Elkhorn Investments, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Elkhorn Capital Group	Sole member	1 Feb 2013	75% - 100%	36-4761252
Philip Lee Ziesemer	Coo	1 Feb 2013	Other	6236611
Benjamin Thomas Fulton	Ceo & cco	1 May 2013	Other	1520661

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc Bnp Paribas North America	Member	1 Aug 2013	Other	74-1953834
Llc Keystone Associates	Minority owner	1 Feb 2016	25% - 50%	46-3146982
Cable Mountain Partners Llc	Minority owner	1 May 2016	25% - 50%	81-3068079

Based in Chicago

The principal office where Elkhorn Investments, LLC performs its advisory services is located at 845 W Washington Blvd, Chicago, IL 60607, 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 630-355-4676 or by fax (312) 374-3649. The normal business hours are 8:00-4:00 cst on Monday - Friday. You can find more information about the New York firm at elkhorn.com.