At Investment Advisers, Inc. (Chicago)


At Investment Advisers, Inc. is a large advisory firm based in Chicago. It manages $19.36 billion of regulatory assets for 18,726 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

At Investment Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

At Investment Advisers: assets under management

The assets under management (AUM) of At Investment Advisers, Inc. is $19.36 billion. The firm's AUM has grown by 132% since the beginning of its operation, and $17.37 million of the total AUM is attributable to clients outside of the United States.

The firm manages $17.68 billion in discretionary accounts and $1.69 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $958.73 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.82 million.
At Investment Advisers has custody of $4.9 billion in cash and securities for 5,019 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is investment and business development companies, which make up 10% of the firm’s portfolio. Investments in pooled investment vehicles form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay At Investment Advisers, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients E. Jennifer Warren 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 E. Jennifer Warren is high net worth individuals with 16,731 clients and $16.49 billion of assets under management. Among the 13 most similar advisory firms, At Investment Advisers has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $19.36 billion for 18,732 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

At Investment Advisers also advises several private funds. Namely, one real estate fund and three private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at At Investment Advisers, Inc.

The company employs 406 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 92 employees are registered as investment adviser representatives with the state securities authorities.

There are 17 people 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.

E. Jennifer Warren has been acting as President since 1 Mar 2014. David Lazarus Donabedian has served as the Chief Investment Officer since 1 Jun 2009. Stephen John Wade joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kenneth John Kozanda Director, chief administrative officer 1 Mar 2004 Other 4357366
John Sheehan Markwalter Chairman of the board, chief executive officer 1 Mar 2004 Other 1385997
Llc Atlantic Trust Group Sole shareholder 1 Mar 2004 75% - 100% 04-3173832
Cibc Private Wealth Group Llc Sole shareholder 1 Mar 2004 75% - 100% 04-3173832
Marc Keller Director, executive vice president 1 Oct 2004 Other 266581
Gregory Brent Campbell Sr. vice president, general counsel & secretary 1 Jan 2005 Other 2777077
Eric Brown Propper Director and president 1 May 2006 Other 1016159
David Lazarus Donabedian Chief investment officer 1 Jun 2009 Other 4348033
Daniel Robert Brown Chief financial officer 1 Jan 2014 Other 5453064
E. Jennifer Warren Director 1 Mar 2014 Other 6323691
Patrick J Mckenna Director 1 Mar 2014 Other 4140777
Clinton Louis Ward Chief compliance officer 1 Oct 2014 Other 4190916
Stephen John Wade Director 1 Apr 2017 Other 2381535

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Canadian Imperial Bank Of Commerce 100% shareholder 1 Aug 2008 75% - 100% 13-1942440
Inc. Cibc World Markets 100% shareholder 1 Aug 2008 75% - 100% 75-2584063
Cibc World Markets Inc. 100% shareholder 1 Aug 2008 75% - 100% 10-5734750
Inc. Cibc Holdings Usa 100% shareholder 1 Dec 2013 75% - 100% 13-3990004
Inc. Cibc Bancorp Usa 100% shareholder 1 Dec 2013 75% - 100% 13-3990004

Based in Chicago

The principal office where At Investment Advisers, Inc. performs its advisory services is located at One South Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-368-7700 or by fax 312-368-7750. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at atlantictrust.com.