Borthwick Associates, Inc. (Chicago)

Name: Borthwick Associates, Inc.
Address: 120 S Lasalle Street #1440, Chicago, IL, 60603 3424
Telephone: 312-630-0180

Borthwick Associates, Inc. is a mid-sized advisory firm based in Chicago. It manages $45.08 million of regulatory assets for 56 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Indiana.

Borthwick Associates provides portfolio management for individuals and small businesses and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Borthwick Associates: assets under management

The assets under management (AUM) of Borthwick Associates, Inc. is $45.08 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -49% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.08 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $805.07 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Borthwick Associates, Inc. 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.

Careers at Borthwick Associates, Inc.

Earl Borthwick Hagberg has been acting as President since 1 Jan 1982. Thomas Robert Flaig joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Earl Borthwick Hagberg	President	1 Jan 1982	75% - 100%	233234
Karen Mae Hagberg	Secretary/treasurer	1 Jan 1982	25% - 50%	xxx-xx-xxxx
Thomas Robert Flaig	Vp/options (srop/crop)	1 Feb 2001	Other	2435226
Meg Ellen Davidson	Vice president of operations	1 Feb 2001	Other	1374172
Thomas Robert Flaig	President	1 Jan 2005	25% - 50%	2435226
Meg Ellen Davidson	Vice president/chief compliance officer	1 Jan 2005	50% - 75%	1374172

Based in Chicago

The principal office where Borthwick Associates, Inc. performs its advisory services is located at 120 S Lasalle Street #1440, Chicago, IL 60603 3424, 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 312-630-0180 or by fax 312-630-0182. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.borthwickassociates.com.