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.

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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.


The firm manages $712.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $708.38 thousand each.

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. 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 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



Name Entity Date acquired Ownership Employer ID
Michael Edward Leonetti Chief executive officer and manager 1 Mar 2008 Other 1028149
Deborah Lynn Feldman President and manager 1 Mar 2008 Other 2648441
John Ralph Obrien Chief compliance officer 1 Mar 2008 Other 1552217
Sanders Morris Harris Group Inc. Shareholder 1 Mar 2008 50% - 75% 76-0583569
Leonetti & Associates Inc Shareholder 1 Mar 2008 25% - 50% 105530
The Edelman Financial Group Inc. Member 1 Mar 2008 50% - 75% 76-0583569
Inc. Pinnacle Summer Investments Member 1 Mar 2008 50% - 75% 76-0583569
Llc Summer Holdings I Member 1 Sep 2012 25% - 50% 36-4729849
Llc Summer Wealth Management Member 1 Dec 2014 50% - 75% 47-2268309
Michael Edward Leonetti Member and trustee of the michael e. leonetti second restatement of trust dated july 25, 2013 1 Dec 2014 Other 1028149
Robert Jeffery Corne Vice president and secretary and board of managers 1 May 2016 Other 4993108
Holly Day Deem Board of managers 1 May 2016 Other 2665529
Llc Wt Acquisition Owner 1 May 2017 75% - 100% 82-151473
Robert Steven Pagliuco Executive vice president and treasurer 1 Jun 2017 Other 2617931

Indirect Owners

The SEC currently registers 67 indirect owners.

Name Entity Date acquired Ownership Employer ID
Michael Edward Leonetti Shareholder 1 Jan 1990 75% - 100% 1028149
Fredric Mark Edelman Shareholder 1 Jun 1996 75% - 100% 1537980
George Lester Ball Director 1 Feb 2000 Other 11332
Thomas Haskell Lee Managing member 1 Aug 2006 75% - 100% 305494
Thomas Haskell Lee Board of managers 1 Feb 2008 Other 305494
Benjamin Alexis Hochberg Board of managers 1 Feb 2008 Other 6016028
Yoo Jin Kim Board of managers 1 Feb 2008 Other 6016029
David Joseph Morrison Board of managers 1 Feb 2008 Other 6016037
Joseph Bernard Rotberg Board of managers 1 Feb 2008 Other 5455617
Benjamin Hochberg Managing member 1 Feb 2008 Other 6016028
David Morrison Managing member 1 Feb 2008 Other 6016037
Mark Kevin Gormley Board of managers 1 Mar 2009 Other 718402
Fredric Mark Edelman Director and chief executive officer 1 May 2011 Other 1537980
Llc Summer Holdings I Shareholder 1 Mar 2012 75% - 100% 36-4729849
Lee Summer Lp Managing member 1 Mar 2012 75% - 100% 80-0802947
Llc Lep Summer Holdings Limited partner 1 Apr 2012 50% - 75% 37-1689318
Llc Lee Summer Gp General partner 1 Apr 2012 Other 35-2442370
Lp Lee Equity Partners Fund Summer Aiv Member 1 Apr 2012 75% - 100% 80-0802317
Llc Lee Equity Partners Gp General partner 1 Apr 2012 Other 26-1532912
Teachers Retirement System Of Texas Limited partner 1 Apr 2012 25% - 50% 74-6000164
Llc Lee Equity Partners Manager 1 Apr 2012 Other 157422
Llc Lep Summer Holdings I Limited partner 1 Apr 2012 50% - 75% 37-1689318
Inc. Summer Holdings Ii Shareholder 1 Sep 2012 75% - 100% 30-0729817
Fredric Mark Edelman Board of managers 1 Sep 2012 Other 1537980
George Lester Ball Board of managers 1 Sep 2012 Other 11332
Thomas Haskell Lee Board of managers 1 Sep 2012 Other 305494
Mark Kevin Gormley Board of managers 1 Sep 2012 Other 718402
Benjamin Alexis Hochberg Board of managers 1 Sep 2012 Other 6016028
Daniel J Rodriguez Board of managers 1 Sep 2012 Other 4981411
Edward Philip Moore Board of managers 1 Sep 2012 Other 1468827
Inc. The Edelman Financial Center Member 1 Sep 2012 25% - 50% 81-0672613
Llc Lee Equity Partners Member 1 Sep 2012 50% - 75% 157422
Benjamin Hochberg Director 1 Sep 2012 Other 6016028
Fredric Mark Edelman Board of managers 1 May 2013 Other 1537980
George Lester Ball Board of managers 1 May 2013 Other 11332
Thomas Haskell Lee Board of managers 1 May 2013 Other 305494
Mark Kevin Gormley Board of managers 1 May 2013 Other 718402
Benjamin Alexis Hochberg Board of managers 1 May 2013 Other 6016028
Daniel J Rodriguez Board of managers 1 May 2013 Other 4981411
Edward Philip Moore Board of managers 1 May 2013 Other 1468827
Charles Michael Roame Board of managers 1 Jan 2014 Other 2125256
Inc. Pinnacle Summer Investments Sole member 1 Oct 2014 75% - 100% 76-0583569
George Lester Ball Board of managers 1 Oct 2014 Other 11332
Rene Emile Chaze Board of managers 1 Oct 2014 Other 6004555
Edward Philip Moore Board of managers 1 Oct 2014 Other 1468827
Affiliated Wealth Partners Holdings Llc Member-managed 1 Sep 2015 75% - 100% 47-4536791
Awp Ii Llc Member-managed 1 Sep 2015 75% - 100% 47-4845839
Awp I Lp Member-managed 1 Sep 2015 75% - 100% 47-5311229
Awp Gp Llc General partner 1 Sep 2015 Other 47-5305328
Llc Lep Summer Holdings Limited partner 1 Sep 2015 50% - 75% 37-1689318
George Lester Ball Board of managers 1 Sep 2015 Other 11332
Holly Day Deem Board of managers 1 Sep 2015 Other 2665529
Mark Kevin Gormley Board of managers 1 Sep 2015 Other 718402
Llc Lee Equity Partners Member 1 Sep 2015 50% - 75% 157422
Inc. The Edelman Financial Center Member 1 Sep 2015 25% - 50% 81-0672613
Llc Lee Equity Partners Realization Fund Gp General partner 1 Sep 2015 Other 47-5092925
Edward Philip Moore Board of managers 1 Sep 2015 Other 1468827
Achi Yaffe Board of managers 1 Sep 2015 Other 5167335
Bruce Robert Mcmaken Board of managers 1 Dec 2015 Other 2851043
Daniel Joseph Rodriguez Board of managers 1 Feb 2016 Other 4981411
Daniel J Rodriguez Board of managers 1 Feb 2016 Other 4981411
L.P. Lee Equity Partners Realization Fund Summer Aiv Member 1 Mar 2016 75% - 100% 36-4818709
Lep Realization Summer Llc Limited partner 1 Mar 2016 50% - 75% 47-5027114
L.P. Lep Realization Feeder Member 1 Mar 2016 75% - 100% 47-5356891
Mark Kevin Gormley Manager 1 Mar 2016 25% - 50% 718402
Llc Hightower Holding Owner 1 May 2017 75% - 100% 26-2270729
Llc Thl Equity Fund Vii Investors (Ht) Owner 1 Jan 2018 75% - 100% 82-3551026

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.