Roberts, Glore & Co. (Deerfield)

Name: Roberts, Glore & Co.
Address: 707 Lake Cook Road, Deerfield, IL, 60015
Telephone: 224-330-6980

Roberts, Glore & Co. is a large advisory firm based in Deerfield. It manages $592.94 million of regulatory assets for 1,015 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Florida, and 14 other states.

Roberts, Glore & provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Roberts, Glore &: assets under management

The assets under management (AUM) of Roberts, Glore & Co. is $592.94 million. The firm's AUM has grown by 38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $423.68 million in discretionary accounts and $169.26 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $511.69 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $905.15 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is investment and business development companies, which make up 27% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Roberts, Glore & Co. for their services and products based on a percentage of assets under management and fixed fees. 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 Jim Lance Calaway serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jim Lance Calaway is high net worth individuals with 143 clients and $388.76 million of assets under management. Among the 11 most similar advisory firms, Roberts, Glore & has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $592.94 million for 355 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.

Roberts, Glore & doesn't advise any private funds.

Careers at Roberts, Glore & Co.

The company employs 7 people that are either part- or full-time employees. 71 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.

Jim Lance Calaway has been acting as President since 1 Oct 1993. Christopher James Ciupke joined the executive team most recently as the Assistant Vp.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John William Mcdermott	President/secretary	1 Feb 1984	Other	326626
William John Roberts	Senior vice president	1 Feb 1984	Other	401207
James Daniel Macdonald	Vice president	1 Feb 1984	Other	315740
Clemens Peter Ciupke	Treasurer	1 Dec 1989	50% - 75%	2074981
Daniel John Schlesser	Cfo/treasurer	1 Nov 1990	Other	1788458
Mcdermott Lasalle Inc.	Owner	1 Jan 1991	75% - 100%	36-272258
Scott Edward Barlow	Cco	1 May 1993	Other	1121249
Scott Barlow	Chief compliance officer	1 May 1993	Other	2318290
Jim Lance Calaway	President	1 Oct 1993	25% - 50%	2453853
Scott Edward Barlow	Chief compliance officer	1 May 1997	Other	1121249
Saju Bahuleyan	Chief compliance officer	1 Oct 2004	Other	2318290
Saju Bahuleyan	Compliance officer	1 Nov 2004	Other	2318290
Byron Jennings Smythe	Chief compliance officer	1 Aug 2006	Other	4538197
Byron Jennings Smythe	Chief compliance officer	1 May 2007	Other	4538197
Christopher James Ciupke	Assistant vp	1 Nov 2013	Other	5011706

Based in Deerfield

The principal office where Roberts, Glore & Co. performs its advisory services is located at 707 Lake Cook Road, Deerfield, IL 60015, 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 224-330-6980 or by fax 847-412-4885. The normal business hours are 8:00 a.m to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at robertsglore.com.