Sterling Partners Equity Advisors LLC is a related adviser based in Chicago. It manages $23.83 million of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Illinois and Maryland.
Sterling Partners Equity Advisors 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.
The assets under management (AUM) of Sterling Partners Equity Advisors LLC is $23.83 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 advisory firm has a single stream of revenue. Clients pay Sterling Partners Equity Advisors 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 only and largest group of clients of Sterling Partners Equity Advisors is high net worth individuals with 16 clients and $20.99 million of assets under management. Among the 4 most similar advisory firms, Sterling Partners Equity Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $20.99 million for 16 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.
Sterling Partners Equity Advisors doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There’s a single person 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.
Kevin Eugene Silverman has served as the Chief Investment Officer since 1 Jan 2017. Jeffrey David Izenman joined the executive team most recently as the Managing Director.
The principal office where Sterling Partners Equity Advisors LLC performs its advisory services is located at 401 N. Michigan Ave, Chicago, IL 60611, which is also the mailing address of the firm. An additional office of the firm is in Baltimore, MD. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-465-7000 or by fax 312-465-7001. 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 spequityadvisors.com/.