Alliance Benefit Group Of Illinois, Inc. (Peoria)

Name: Alliance Benefit Group Of Illinois, Inc.
Address: 456 Fulton Street, Peoria, IL, 61602 1202
Telephone: 309-671-4200

Alliance Benefit Group Of Illinois, Inc. is a pension cosultant based in Peoria. It manages $840.31 million of regulatory assets for 266 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Illinois.

Alliance Benefit Group Of Illinois provides pension consulting services, selection of other advisers, and education services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Alliance Benefit Group Of Illinois: assets under management

The assets under management (AUM) of Alliance Benefit Group Of Illinois, Inc. is $840.31 million. The firm's AUM has grown by 30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $300.31 million in discretionary accounts and $540 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.8 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.89 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Alliance Benefit Group Of Illinois, 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.

What kind of clients Alliance Benefit Group Of Illinois serves?

The only and largest group of clients of Alliance Benefit Group Of Illinois is pension and profit sharing plans with 266 clients and $840.31 million of assets under management. Among the 11 most similar advisory firms, Alliance Benefit Group Of Illinois has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $840.31 million for 266 clients. None of the firm’s clients are foreign persons or businesses.

Alliance Benefit Group Of Illinois doesn't advise any private funds.

Careers at Alliance Benefit Group Of Illinois, Inc.

The company employs 8 people that are either part- or full-time employees. 75 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
John Dickson Blossom	President, ceo	1 May 1967	50% - 75%	24012
Teresa Denise Wood	Executive vice president/chief information officer	1 Jan 1988	Other	4528683
Linda Byrne Blossom	Vice president / chief compliance officer	1 Oct 1996	Other	1394704
Linda K Byrneblossom	Vice president	1 Oct 1996	Other	1394704
Linda B Blossom	Vice president	1 Oct 1996	Other	1394704
Todd Andrews Jones	Vice president	1 Mar 1997	Other	4528680
Beverly Alleman	Vice president	1 Jul 1998	Other	4528678
Teresa Wood	Vice president	1 Apr 1999	Other	4528683
Lisa Trustee Park	Trustee--esop trust	1 Nov 1999	25% - 50%	37-1397190
Daphne Melgreen Weitzel	Senior vice president, coo	1 Mar 2001	Other	4528659
Lisa Park	Vice president/corporate treasurer	1 Mar 2001	Other	4528674
Edward W Meyer	Vice president	1 Feb 2003	Other	4649667
Michael A Price	Cfo,coo	1 Aug 2010	Other	5902105
Teresa Denise Wood	Executive vice president/chief information officer	1 May 2015	Other	4528683

Based in Peoria

The principal office where Alliance Benefit Group Of Illinois, Inc. performs its advisory services is located at 456 Fulton Street, Peoria, IL 61602 1202, 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 309-671-4200 or by fax 309-671-9933. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at abgil.com.