North Star Investment Advisors, LLC (Il) (Lake Forest)


North Star Investment Advisors, LLC (Il) is a large advisory firm based in Lake Forest. It manages $188.53 million of regulatory assets for 179 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Colorado, Illinois, New Hampshire, Texas, and Wisconsin.

North Star Investment Advisors, LLC (Il) provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

North Star Investment Advisors, LLC (Il): assets under management

The assets under management (AUM) of North Star Investment Advisors, LLC (Il) is $188.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 297% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $188.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.05 million each.

Fees & Commissions

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

Careers at North Star Investment Advisors, LLC (Il)

John R Griffith has been acting as President since 1 Jun 2001. North Star Financial Corporation joined the executive team most recently as the Holding Company.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John R Griffith President 1 Jun 2001 Other 2580073
Celeste Bailey Senior vice president 1 Jun 2001 Other 4421262
North Star Financial Corporation Parent 1 Jun 2001 75% - 100% 36-4432347
David H. Melsheimer President 1 Aug 2001 Other 4441591
Gary Ernest Warren Executive vice president 1 Sep 2001 Other 1092906
John W Lehman Chief operating officer 1 Oct 2001 Other 4154722
Mark Francis Saran Executive vice president 1 Jan 2002 Other 726113
Thomas A. Pasquesi Division president 1 Jan 2002 Other 4495245
Llc North Star Private Asset Management Parent 1 Jan 2003 75% - 100% 61-1443491

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
North Star Financial Corporation Holding company 1 Jan 2003 75% - 100% 36-4432347

Based in Lake Forest

The principal office where North Star Investment Advisors, LLC (Il) performs its advisory services is located at 272 East Deerpath, Lake Forest, IL 60045, which is also the mailing address of the firm. An additional office of the firm is in Highland Park, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-234-5628 or by fax 847-234-5629. The normal business hours are 8:30 a.m. - 3:00 p.m. on Monday - Friday.