Investment Center, Inc. (Orland Park)

Name: Investment Center, Inc.
Address: Winterset Office Park, Orland Park, IL, 60467
Telephone: 708-403-2800

Investment Center, Inc. is a large advisory firm based in Orland Park. It manages $218.28 million of regulatory assets for 745 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, Florida, Illinois, Indiana, and Texas.

Investment Center provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Investment Center: assets under management

The assets under management (AUM) of Investment Center, Inc. is $218.28 million. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $203.97 million in discretionary accounts and $14.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $298.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $234.57 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 84% of the total AUM. The second-largest asset type is state and local bonds, which make up 5% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investment Center, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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.

What kind of clients Sam Ogrizovich serves?

The firm provides services to individuals, insurance companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Sam Ogrizovich is high net worth individuals with 67 clients and $155.63 million of assets under management. Among the 8 most similar advisory firms, Investment Center has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $218.28 million for 229 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Investment Center doesn't advise any private funds.

Careers at Investment Center, Inc.

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. No 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.

Sam Ogrizovich has been acting as President since 1 Oct 1982. Jane Cain Ogrizovich joined the executive team most recently as the Vice President/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sam Ogrizovich	President	1 Oct 1982	75% - 100%	1014708
Jane Cain Ogrizovich	Vice president/chief compliance officer	1 Oct 1982	Other	2357259

Based in Orland Park

The principal office where Investment Center, Inc. performs its advisory services is located at Winterset Office Park, Orland Park, IL 60467, which is also the mailing address of the firm. An additional office of the firm is in Scottsdale, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 708-403-2800 or by fax 708-403-5395. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at ogrizovichfinancial.com.