Wintrust Investments, LLC (Chicago)

Name: Wintrust Investments, LLC
Address: 231 South Lasalle Street, Chicago, IL, 60604
Telephone: 312-431-1700

Wintrust Investments, LLC is a large advisory firm based in Chicago. It manages $7.44 billion of regulatory assets for 7,768 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Wintrust Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wintrust Investments: assets under management

The assets under management (AUM) of Wintrust Investments, LLC is $7.44 billion. The firm's AUM has grown by 15% since the beginning of its operation, and $13.43 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.48 billion in discretionary accounts and $2.96 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.78 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $562.29 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 44% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wintrust Investments, LLC 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.

What kind of clients Bert Atwater Jr Getz serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Bert Atwater Jr Getz is banking or thrift institutions with 2 clients and $3.48 billion of assets under management. Among the 11 most similar advisory firms, Wintrust Investments has the 2nd highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $7.44 billion for 4,968 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Wintrust Investments doesn't advise any private funds.

Careers at Wintrust Investments, LLC

The company employs 226 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 140 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.

Bert Atwater Jr Getz has been acting as President since 1 Jan 2005. Paul Clayton Carlisle joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Joseph Kiernan	Municipal principal	1 Mar 1998	Other	714859
Wintrust Bank	Sole direct owner	1 Oct 2002	75% - 100%	36-3970472
Bert Atwater Jr Getz	Director	1 Jan 2005	Other	4588181
Elliott Joseph Silver	Chief compliance officer	1 Mar 2005	Other	1594446
James Alfred Jr Sommerfield	Sr. compliance officer, insurance principal	1 Mar 2005	Other	2841304
Thomas Patrick Zidar	Chairman & ceo	1 Sep 2006	Other	2128329
Thomas Martin Paulus	Chief financial officer	1 Apr 2007	Other	1077751
Scott Keith Heitmann	Director	1 Jul 2008	Other	2351200
Marla Friedman Glabe	Director	1 Sep 2009	Other	2339176
Michelle Kay Biondo	Chief operations officer	1 Apr 2011	Other	2217716
Terrance Gregory Hughes	Director of sales	1 Jan 2013	Other	2823480
Paul Clayton Carlisle	Director	1 Jan 2014	Other	6314743

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Wintrust Financial Corporation	Sole owner	1 Sep 1994	75% - 100%	36-3873352

Based in Chicago

The principal office where Wintrust Investments, LLC performs its advisory services is located at 231 South Lasalle Street, Chicago, IL 60604 The mailing address of the firm is Po Box 750, Chicago, IL 60606 0750. An additional office of the firm is in Cary, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-431-1700 or by fax 312-846-9460. The normal business hours are 8:15am-4:45pm on Monday - Friday. You can find more information about the New York firm at wintrustwealth.com.