Sign in Sign up for free

Telemus/Beacon Investment Company LLC (Southfield)


Telemus/Beacon Investment Company LLC is a large advisory firm based in Southfield. It manages $385.72 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Iowa, Michigan, and Ohio.

Logo

Telemus/Beacon Investment Company provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Telemus/Beacon Investment Company: assets under management

The assets under management (AUM) of Telemus/Beacon Investment Company LLC is $385.72 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $385.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $29.67 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Telemus/Beacon Investment Company 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.

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
Steven Jay Greenwald Member, board of managers 1 Dec 2004 Other 2023328
Gary Allen Shiffman Member, board of managers 1 Nov 2005 Other 5773411
Robert Harris Orley Manager/member 1 Dec 2006 Other 4905429
Brian Michael Hermelin Manager/member 1 Dec 2006 Other 1728488
Gary Louis Ran Ceo/chairman 1 Dec 2006 25% - 50% 1008774
Robert Allen Stone Managing director 1 Dec 2006 Other 1656951
Lyle Matthew Wolberg Managing director 1 Dec 2006 Other 2348402
Gary Allen Shiffman Member, board of managers 1 Dec 2006 Other 5773411
Andrew R Bass Chief administrative officer 1 Mar 2007 Other 4944686
James Christopher Robinson Member, board of managers 1 Apr 2007 Other 2366903
Gregory Allen Reid Managing director 1 Jun 2007 Other 2176683
Cole Coleman Dawson Managing director 1 Jun 2007 Other 2099737

Based in Southfield

The principal office where Telemus/Beacon Investment Company LLC performs its advisory services is located at Two Towne Square, Southfield, MI 48076, which is also the mailing address of the firm. An additional office of the firm is in Ann Arbor, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-827-1800 or by fax 248-827-1808. 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 www.beaconinvestment.com.


Registered investment advisers similar to Telemus/Beacon Investment Company LLC