Leonetti & Associates, LLC (Buffalo Grove)
Leonetti & Associates, LLC is a large advisory firm based in Buffalo Grove. It manages $712.63 million of regulatory assets for 1,006 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Colorado, and 9 other states.
Leonetti & Associates provides financial planning services, portfolio management for individuals and small businesses, and asset allocation services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
Leonetti & Associates: assets under management
The assets under management (AUM) of Leonetti & Associates, LLC is $712.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 84% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 22% of the firm’s portfolio. Investments in state and local bonds form 12% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Leonetti & Associates, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Leonetti & Associates serves?
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Leonetti & Associates is high net worth individuals with 35 clients and $376.6 million of assets under management. Among the 9 most similar advisory firms, Leonetti & Associates has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $708.75 million for 406 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Leonetti & Associates doesn't advise any private funds.
Careers at Leonetti & Associates, LLC
The company employs 16 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 6 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
Indirect Owners
The SEC currently registers 67 indirect owners.Based in Buffalo Grove
The principal office where Leonetti & Associates, LLC performs its advisory services is located at 1130 W. Lake Cook Road, Buffalo Grove, IL 60089 1976, 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 847-520-0999 or by fax 847-520-5475. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at leonettiassoc.com.
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