Zuckerman Investment Group, LLC is a large advisory firm based in Chicago. It manages $834.28 million of regulatory assets for 880 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Florida, and 6 other states.
Zuckerman Investment Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.
The assets under management (AUM) of Zuckerman Investment Group, LLC is $834.28 million. The firm's AUM has grown by 41% since the beginning of its operation, and $1.54 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Zuckerman Investment Group, LLC 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Sherwin Alvin Zuckerman is high net worth individuals with 191 clients and $658.7 million of assets under management. Among the 6 most similar advisory firms, Zuckerman Investment Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $834.28 million for 520 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.
Zuckerman Investment Group doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 4 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Sherwin Alvin Zuckerman has been acting as President since 1 Mar 2018. Kelly Lavieri Palmer joined the executive team most recently as the Chief Compliance Officer.
The principal office where Zuckerman Investment Group, LLC performs its advisory services is located at 155 North Wacker Drive, 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 312-948-8000 or by fax 312-277-2988. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at zuckermaninvestmentgroup.com.