Endurance Asset Management, LLC (Chicago)

Name: Endurance Asset Management, LLC
Address: 141 W. Jackson, Chicago, IL, 60604
Telephone: 312-984-5866

Endurance Asset Management, LLC is a mid-sized advisory firm based in Chicago. It manages $64.97 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Illinois.

Endurance Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Endurance Asset Management: assets under management

The assets under management (AUM) of Endurance Asset Management, LLC is $64.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 132% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $64.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $64.97 million each.

Endurance Asset Management has custody of $64.97 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Endurance Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Endurance Asset Management serves?

The only and largest group of clients of Endurance Asset Management is pooled investment vehicles with 1 clients and $64.97 million of assets under management. Among the 2 most similar advisory firms, Endurance Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $64.97 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Endurance Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Endurance Asset Management, LLC

The company employs 1 person that is either a part- or full-time employee. 100 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charlene Ann Dow	Chief compliance officer, managing director	1 Oct 2003	Other	5027433
Burton Jay Gutterman	Managing director	1 Oct 2003	Other	5027431
Noel Gerard Moore	Managing director	1 Oct 2003	25% - 50%	5027427
Keith Douglas Bronstein	Managing director	1 Oct 2003	Other	2366377
Douglas Todd Granat	Investment committee member	1 Aug 2007	Other	5874406
Keith Douglas Bronstein	Managing director	1 Jan 2011	Other	2366377
Richard Laurence Sandor	Investment committee member	1 Mar 2013	Other	1011766

Based in Chicago

The principal office where Endurance Asset Management, LLC performs its advisory services is located at 141 W. Jackson, Chicago, IL 60604, 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 312-984-5866 or by fax 312-878-8155. The normal business hours are 7:30-4:30 on Monday - Friday. You can find more information about the New York firm at endurancemgt.com/.