Alternative Investment Resource, LLC (Chicago)

Name: Alternative Investment Resource, LLC
Address: 333 S. Wabash, Chicago, IL, 60604
Telephone: 773-230-2759

Alternative Investment Resource, LLC is a large advisory firm based in Chicago. It manages $174.57 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Illinois, Missouri, and New York.

Alternative Investment Resource 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.

Alternative Investment Resource: assets under management

The assets under management (AUM) of Alternative Investment Resource, LLC is $174.57 million. The firm's AUM has grown by 68% since the beginning of its operation, and $145.53 million of the total AUM is attributable to clients outside of the United States.

The firm manages $29.04 million in discretionary accounts and $145.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $145.53 million.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alternative Investment Resource, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alternative Investment Resource serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Alternative Investment Resource is other investment advisers with 1 clients and $145.53 million of assets under management. Among the 11 most similar advisory firms, Alternative Investment Resource has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $174.57 million for 5 clients. 25% of the firm’s clients are foreign persons or businesses.

Alternative Investment Resource also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Alternative Investment Resource, LLC

The company employs 4 people that are either part- or full-time employees. 50 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.

Amy Lynn Boyet joined the executive team most recently as the Chief Compliance Officer And Director Of Operations.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Nestor Beleutz	Chief executive officer	1 Sep 2013	75% - 100%	2403229
Llc (Il) Alternative Investment Resource	Manager	1 Sep 2013	Other	20-1234115
Stephen John Luongo	Chief compliance officer, chief investment officer	1 Apr 2017	Other	5419180
Llc Admodem	Owner	1 Jan 2018	75% - 100%	00-0000000
Amy Lynn Boyet	Chief compliance officer and director of operations	1 Feb 2018	Other	6275277
Amy Boyet Besse	Chief compliance officer and director of operations	1 Feb 2018	Other	6275277
Amy Besse	Chief compliance officer and director of operations	1 Feb 2018	Other	6275277

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Richard Nestor Beleutz	Manager / owner	1 Jan 2018	75% - 100%	2403229

Based in Chicago

The principal office where Alternative Investment Resource, LLC performs its advisory services is located at 333 S. Wabash, Chicago, IL 60604 The mailing address of the firm is 91 Clinton Avenue, Nyack, NY 10960. An additional office of the firm is in St. Louis, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 773-230-2759. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at airassetmanagement.com.