Hochman Cole Investment Advisors, Inc. is a large advisory firm based in Deerfield. It manages $322.96 million of regulatory assets for 479 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Illinois, and Texas.
Hochman Cole Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hochman Cole Investment Advisors, Inc. is $322.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 45% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Hochman Cole Investment Advisors, Inc. 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Joel Leonard Hochman is high net worth individuals with 112 clients and $296.56 million of assets under management. Among the 8 most similar advisory firms, Hochman Cole Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $322.96 million for 184 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.
Hochman Cole Investment Advisors doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 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.
Joel Leonard Hochman has been acting as President since 1 Sep 2006. Michael James Williams joined the executive team most recently as the Senior Advisor.
The principal office where Hochman Cole Investment Advisors, Inc. performs its advisory services is located at 770 Lake Cook Road #100, Deerfield, IL 60015 4920, 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 847-559-0180 or by fax 847-559-7470. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at hochmancole.com.