Planpilot, LLC (Chicago)

Name: Planpilot, LLC
Address: 223 West Jackson, Chicago, IL, 60606
Telephone: 312-973-4911

Planpilot, LLC is a large advisory firm based in Chicago. It manages $135.19 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Illinois, Indiana, Iowa, and 5 other states.

Planpilot provides pension consulting services and furnishes advice to clients on matters not involving securities. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Planpilot: assets under management

The assets under management (AUM) of Planpilot, LLC is $135.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $135.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.04 million each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Planpilot, LLC for their services and products based on hourly charges and fixed 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 Planpilot serves?

The only and largest group of clients of Planpilot is pension and profit sharing plans with 64 clients and $135.19 million of assets under management. Among the 9 most similar advisory firms, Planpilot has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $135.19 million for 64 clients. None of the firm’s clients are foreign persons or businesses.

Planpilot doesn't advise any private funds.

Careers at Planpilot, LLC

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 2 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
Daniel Esch	President & principal	1 Aug 2002	50% - 75%	2389318
Mark O Olsen	President & principal	1 Aug 2002	25% - 50%	4642485
Allen Robert Weisz	President, principal, treasurer & secretary	1 Aug 2002	25% - 50%	2333369
Mark O Olsen	Managing member and chief compliance officer	1 Dec 2011	75% - 100%	4642485
Mark Allen Olsen	Managing member and chief compliance officer	1 Dec 2011	75% - 100%	4642485
John Joseph Cerasani	Partner	1 Dec 2011	Other	4202445
Jerry Robert Steinborn	Member	1 Jul 2014	Other	1130975

Based in Chicago

The principal office where Planpilot, LLC performs its advisory services is located at 223 West Jackson, Chicago, IL 60606, 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 312-973-4911. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at planpilot.com.