Sterling Portfolio Allocation Service Inc (Itasca)

Name: Sterling Portfolio Allocation Service Inc
Address: 500 Park Blvd, Itasca, IL, 60143
Telephone: 630-250-7000

Sterling Portfolio Allocation Service Inc is a large advisory firm based in Itasca. It manages $74.59 million of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Indiana, Iowa, Ohio, and Wisconsin.

Sterling Portfolio Allocation Service provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sterling Portfolio Allocation Service: assets under management

The assets under management (AUM) of Sterling Portfolio Allocation Service Inc is $74.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $74.59 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.4 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sterling Portfolio Allocation Service Inc 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.

Careers at Sterling Portfolio Allocation Service Inc

Thomas Arthur Hopkins has been acting as President since 1 Apr 1993. Pacific Life Insurance Company joined the executive team most recently as the Shareholder Common.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Arthur Hopkins	President	1 Apr 1993	75% - 100%	249956
David Bruce Roberts	Director	1 Apr 1993	Other	824378
Inc. Waterstone Financial Group	Shareholder-common	1 Oct 2002	75% - 100%	10078

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pacific Life Insurance Company	Shareholder-common	1 Oct 2002	25% - 50%	95-0179000
Pacific Lifecorp	Shareholder - common	1 Oct 2002	25% - 50%	33-0769203
Pacific Mutual Holding Company	Shareholder - common	1 Oct 2002	25% - 50%	33-0769203
Inc. Pacific Select Distributors	Shareholder-common	1 Oct 2002	25% - 50%	4452
Thomas Arthur Hopkins	Shareholder-common	1 Oct 2002	25% - 50%	249956

Based in Itasca

The principal office where Sterling Portfolio Allocation Service Inc performs its advisory services is located at 500 Park Blvd, Itasca, IL 60143, which is also the mailing address of the firm. An additional office of the firm is in Glenview, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 630-250-7000 or by fax 630-250-7097. The normal business hours are 8:30 am-4:30 pm on Monday - Friday. You can find more information about the New York firm at www.lgtrading.com.