Hartline Investment Corp. (Chicago)

Name: Hartline Investment Corp.
Address: 211 W. Wacker Drive, Chicago, IL, 60606 1376
Telephone: 312-726-4278

Hartline Investment Corp. is a large advisory firm based in Chicago. It manages $388.78 million of regulatory assets for 373 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.

Hartline Investment Corp provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hartline Investment Corp: assets under management

The assets under management (AUM) of Hartline Investment Corp. is $388.78 million. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $217.25 million in discretionary accounts and $171.52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $696.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.81 million.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hartline Investment Corp. 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 William Hart serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of William Hart is high net worth individuals with 70 clients and $298.14 million of assets under management. Among the 10 most similar advisory firms, Hartline Investment Corp has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $388.78 million for 233 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.

Hartline Investment Corp doesn't advise any private funds.

Careers at Hartline Investment Corp.

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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.

William Hart has been acting as President since 1 Mar 1990. William George Hart joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Hart	President	1 Mar 1990	75% - 100%	2063060
William George Hart	President	1 Mar 1990	75% - 100%	2063060
William Hart	Chief compliance officer	1 Sep 2009	75% - 100%	2063060

Based in Chicago

The principal office where Hartline Investment Corp. performs its advisory services is located at 211 W. Wacker Drive, Chicago, IL 60606 1376, which is also the mailing address of the firm. An additional office of the firm is in Winnetka, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-726-4278 or by fax 312-726-7875. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at hartlineinv.com.