Astor Investment Management LLC (Chicago)

Name: Astor Investment Management LLC
Address: 111 S Wacker Drive, Chicago, IL, 60606
Telephone: 800-899-8230

Astor Investment Management LLC is a large advisory firm based in Chicago. It manages $588.38 million of regulatory assets for 1,424 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 34 other states.

Astor Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Astor Investment Management: assets under management

The assets under management (AUM) of Astor Investment Management LLC is $588.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $588.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $413.19 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Astor Investment Management LLC 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 Scott Anthony Thomas serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Scott Anthony Thomas is high net worth individuals with 1,366 clients and $284 million of assets under management. Among the 11 most similar advisory firms, Astor Investment Management has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $588.38 million for 1,424 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.

Astor Investment Management doesn't advise any private funds.

Careers at Astor Investment Management LLC

The company employs 17 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 13 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Scott Anthony Thomas has been acting as President since 1 Nov 2014. John Francis Eckstein has served as the Chief Investment Officer since 1 Oct 2013 and Robert Neil Stein is the Chief Executive Officer of Astor Investment Management LLC family office. Harvest Capital Strategies Llc joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lakewood Investment Management Llc	Owner / managing member	1 Oct 2013	75% - 100%	45-0976840
Robert Neil Stein	Chief executive officer	1 Oct 2013	Other	2170171
John Francis Eckstein	Chief investment officer	1 Oct 2013	Other	2366779
Bryan Michael Novak	Senior managing director	1 Oct 2013	Other	4399781
Matthew Frank Mohlman	Chief compliance officer	1 Oct 2013	Other	5298051
Lee Charles Oliff	Chief legal officer	1 Aug 2014	Other	5153730
Scott Anthony Thomas	Director	1 Nov 2014	Other	5635745
Brian Thomas Durbin	Chief compliance officer	1 Dec 2014	Other	5348120
Susan Jean Hill	Chief compliance officer	1 May 2016	Other	2231154
Thomas Mccarthy Obrien	Director	1 Nov 2016	Other	5230392
Harvest Capital Strategies Llc	Owner	1 Nov 2017	Other	36-4880619

Based in Chicago

The principal office where Astor Investment Management LLC performs its advisory services is located at 111 S Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-899-8230 or by fax 312-228-5901. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at astorim.com and its LinkedIn profile.