Mesirow Advanced Strategies Inc (Chicago)

Name: Mesirow Advanced Strategies Inc
Address: 353 N. Clark Street, Chicago, IL, 60654
Telephone: 312-595-7300

Mesirow Advanced Strategies Inc is a mid-sized advisory firm based in Chicago. It manages $34.77 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Illinois.

Mesirow Advanced Strategies provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mesirow Advanced Strategies: assets under management

The assets under management (AUM) of Mesirow Advanced Strategies Inc is $34.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -97% since the beginning of its operation, and $33.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $34.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.97 million each.

Mesirow Advanced Strategies has custody of $34.77 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mesirow Advanced Strategies Inc for their services and products based on a percentage of assets under management and performance-based 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 Kristie Paula Paskvan serves?

The only and largest group of clients of Kristie Paula Paskvan is pooled investment vehicles with 7 clients and $34.77 million of assets under management. Among the 1 most similar advisory firms, Mesirow Advanced Strategies has the 0th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $34.77 million for 7 clients. 71% of the firm’s clients are foreign persons or businesses.

Mesirow Advanced Strategies also advises several private funds. Namely, seven hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $50,000,000.

Careers at Mesirow Advanced Strategies Inc

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 receive compensation from other entities for client referrals.

Kristie Paula Paskvan has been acting as President since 1 Nov 2006. Stephen Carl Vogt has served as the Chief Investment Officer since 1 Sep 2006 and Thomas Macina is the Chief Executive Officer of Mesirow Advanced Strategies Inc family office. Natalie Brown joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Mesirow Financial Holdings	Owner	1 Jan 1990	75% - 100%	36-3498919
James Craig Tyree	Chairman & ceo	1 Jan 1990	Other	727141
Ruth Carmen Hannenberg	Director	1 Jan 1990	Other	1316714
Howard Marc Rossman	Senior managing director	1 Jan 1990	Other	732217
Kristie Paula Paskvan	Cfo	1 Apr 1999	Other	2896998
Arnold Bradley Busscher	Managing director/secretary	1 Jan 2001	Other	2213934
Richard Scott Price	Director	1 Feb 2002	Other	367760
Brian Edward Franc	Chief compliance officer	1 Sep 2004	Other	2170342
Stephen Carl Vogt	Chief investment officer	1 Sep 2006	Other	4397038
Howard Marc Rossman	Chairman	1 Sep 2006	Other	732217
Brian Douglas Cornell	Senior managing director	1 Sep 2006	Other	1225345
Martin Barry Kaplan	Chief executive officer	1 Sep 2006	Other	2616980
Kristie Paula Paskvan	Director	1 Nov 2006	Other	2896998
Thomas Macina	Senior managing director	1 Apr 2007	Other	4737422
Steven Patrick Farmer	Chief compliance officer	1 May 2007	Other	2410030
Gregory John Robbins	General counsel	1 Jan 2008	Other	5474218
Karl James Frey	Senior managing director	1 Apr 2008	Other	2656088
Eric D Siegel	Senior managing director	1 Apr 2008	Other	3240320
Thomas Macina	President	1 Jul 2009	Other	4737422
Carolyn Marie Burke	Chief financial officer	1 Aug 2009	Other	2288370
Mark Christopher Kulpins	Senior managing director	1 Jun 2010	Other	4184669
Greg Tyler Fedorinchik	Senior managing director	1 Nov 2010	Other	4743464
Dennis B Black	Director	1 Mar 2011	Other	5701687
Erik Dewayne Barefield	Senior managing director	1 Apr 2012	Other	1545356
Gregory John Robbins	Chief operating officer	1 Apr 2013	Other	5474218
Emma Rodriguez Ayala	General counsel & chief compliance officer	1 Apr 2013	Other	6183654
Dermot Michael Keegan	Senior managing director	1 Apr 2013	Other	4379554
Woo Yong Cha	Managing director	1 Jul 2013	Other	4711532
Martin Barry Kaplan	Chairman	1 Apr 2014	Other	2616980
Thomas Macina	Chief executive officer	1 Apr 2014	Other	4737422
Steven Charles Swierczewski	Managing director	1 Apr 2015	Other	3089595
Woo Yong Cha	Senior managing director	1 Apr 2015	Other	4711532
Mark Christopher Kulpins	Co-chief investment officer	1 Apr 2015	Other	4184669
Steven Charles Swierczewski	Senior managing director	1 Apr 2016	Other	3089595
Reena Jashnani Slusarz	Chief compliance officer	1 Apr 2016	Other	6639231
Jeffrey Michael Levine	Chief compliance officer	1 Jun 2017	Other	5627249
Dominick Joseph Mondi	Director	1 Sep 2017	Other	870610
Natalie Brown	Chief financial officer	1 Aug 2018	Other	2067247

Based in Chicago

The principal office where Mesirow Advanced Strategies Inc performs its advisory services is located at 353 N. Clark Street, Chicago, IL 60654, 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 312-595-7300 or by fax 312-595-4408. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at mesirowfinancial.com.