Sbb Research Group LLC (Northbrook)

Name: Sbb Research Group LLC
Address: 450 Skokie Blvd., Northbrook, IL, 60062
Telephone: 847-656-1111

Sbb Research Group LLC is a large advisory firm based in Northbrook. It manages $407.44 million of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Illinois.

Sbb Research Group provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Sbb Research Group: assets under management

The assets under management (AUM) of Sbb Research Group LLC is $407.44 million. The firm's AUM has grown by 205% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $395.77 million in discretionary accounts and $11.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.28 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.83 million.

Sbb Research Group has custody of $395.77 million in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 41% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in other assets form 23% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sbb Research Group 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 Sbb Research Group serves?

The only and largest group of clients of Sbb Research Group is pooled investment vehicles with 11 clients and $231.67 million of assets under management. Among the 12 most similar advisory firms, Sbb Research Group has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $231.67 million for 11 clients. None of the firm’s clients are foreign persons or businesses.

Sbb Research Group also advises several private funds. Namely, seven hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Sbb Research Group LLC

The company employs 24 people that are either part- or full-time employees. 100 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 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
Samuel Benjamin Barnett	Ceo/ managing member	1 Dec 2010	75% - 100%	6024057
Matthew Lawrence Aven	Director of operations/chief compliance officer	1 Feb 2011	Other	5462530

Based in Northbrook

The principal office where Sbb Research Group LLC performs its advisory services is located at 450 Skokie Blvd., Northbrook, IL 60062, 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 847-656-1111. The normal business hours are 9am-5pm cst on Monday - Friday. You can find more information about the New York firm at sbbrg.com.