Edge Portfolio Management, LLC (Wheaton)

Name: Edge Portfolio Management, LLC
Address: 1776 South Naperville Rd, Wheaton, IL, 60189
Telephone: 630-221-1000

Edge Portfolio Management, LLC is a large advisory firm based in Wheaton. It manages $177.18 million of regulatory assets for 386 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Illinois and Minnesota.

Edge Portfolio Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Edge Portfolio Management: assets under management

The assets under management (AUM) of Edge Portfolio Management, LLC is $177.18 million. The firm's AUM has grown by 421% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $171.01 million in discretionary accounts and $6.17 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $453.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $685.09 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 18% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Edge Portfolio Management, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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 Edge Portfolio Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Edge Portfolio Management is high net worth individuals with 98 clients and $157.56 million of assets under management. Among the 9 most similar advisory firms, Edge Portfolio Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $168.08 million for 167 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.

Edge Portfolio Management doesn't advise any private funds.

Careers at Edge Portfolio Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward James Meek	Chief executive officer / chief compliance officer	1 Aug 2005	50% - 75%	2246630
Srbo Nmn Radisavljevic	Managing member / investment advisor	1 Jan 2011	25% - 50%	2806101
John Morgan Smith	Managing member / chief investment officer	1 Jan 2011	Other	3110921
Llc Alpha Cubed Investments	Owner	1 Dec 2015	75% - 100%	45-3688199

Based in Wheaton

The principal office where Edge Portfolio Management, LLC performs its advisory services is located at 1776 South Naperville Rd, Wheaton, IL 60189, 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 630-221-1000 or by fax 630-396-9000. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at edge-pm.com.