Sikich Capital Management LLC (Springfield)


Sikich Capital Management LLC is a large advisory firm based in Springfield. It manages $386.89 million of regulatory assets for 1,223 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, Illinois, Indiana, and 6 other states.

Sikich Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sikich Capital Management: assets under management

The assets under management (AUM) of Sikich Capital Management LLC is $386.89 million. The firm's AUM has grown by 249% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $361.56 million in discretionary accounts and $25.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $309.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $460.54 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in government bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sikich Capital Management LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sikich Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Sikich Capital Management is individuals with 1,196 clients and $315.2 million of assets under management. Among the 7 most similar advisory firms, Sikich Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $386.89 million for 1,223 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.

Sikich Capital Management doesn't advise any private funds.

Careers at Sikich Capital Management LLC

The company employs 14 people that are either part- or full-time employees. 79 percent of the employees work as investment advisers or researchers. 10 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.

Barry Craig Stark joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Sikich Llp Sole member 1 Nov 2006 75% - 100% 36-4173530
James Anton Sikich Ceo 1 Dec 2006 Other 4371139
Karen Sue Sanchez Coo 1 Dec 2006 Other 4519475
Diana Fitzgerald Jordan Chief compliance officer 1 Dec 2006 Other 4202634
Barry Craig Stark Chief compliance officer 1 Nov 2016 Other 2704020
Robert Andrew Paoni Chief executive officer 1 Jan 2017 Other 4837966

Based in Springfield

The principal office where Sikich Capital Management LLC performs its advisory services is located at 3201 West White Oaks Drive, Springfield, IL 62704, which is also the mailing address of the firm. An additional office of the firm is in Brookfield, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 217-862-1843 or by fax 217-862-3116. 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 sikich.com.