Howe Barnes Capital Management, Inc. (Chicago)


Howe Barnes Capital Management, Inc. is a large advisory firm based in Chicago. It manages $1.22 billion of regulatory assets for 2,157 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.




Howe Barnes Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Howe Barnes Capital Management: assets under management

The assets under management (AUM) of Howe Barnes Capital Management, Inc. is $1.22 billion. The firm's AUM has grown by 645% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $1.22 billion in discretionary accounts and $2.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $568.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $128.65 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Howe Barnes Capital Management, Inc. for their services and products based on a percentage of assets under management and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Howe Barnes Capital Management, Inc.

Michael Robert Ochoa has been acting as President since 1 Aug 2004. Jeffrey Paul Julien joined the executive team most recently as the Director.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Inc. Howe Barnes Investments Sole shareholder 1 Dec 1987 75% - 100% 36-2643382
Inc. Howe Barnes Hoefer & Arnett Sole shareholder 1 Dec 1987 75% - 100% 36-2643382
Richard Allen Bone Vice president 1 Aug 2004 Other 1203622
David Edward Lakowski Treasurer 1 Aug 2004 Other 1598462
Daniel Edmund Coughlin President, director 1 Aug 2004 Other 2419252
James Daniel Nolan Sr vice president, director 1 Aug 2004 Other 1710812
Matthew Carmen Boba Secretary 1 Aug 2004 Other 4809549
Ronald Allan Sirt Senior vice president, director 1 Aug 2004 Other 1289440
Matthew Mark Reynolds Chief compliance officer, asst secretary 1 Aug 2004 Other 4077413
Peteris Robert Abuls Vice president 1 Aug 2004 Other 1346992
James Allen Eller Vice president 1 Aug 2004 Other 1046260
Brian Jerome Lampsa Vice president 1 Aug 2004 Other 1935600
Jeffrey Scott Decora Vice president 1 Aug 2004 Other 4348041
Michael Robert Ochoa Director 1 Aug 2004 Other 1301012
Glenn Scott Schwalje Acting chief compliance officer 1 May 2005 Other 2441501
Dean Allan Folias Chief compliance officer 1 Jun 2005 Other 3128644
Robert Jeffery Corne Treasurer 1 Jun 2005 Other 4993108
David Hein Compliance officer 1 Jul 2005 Other 3223202
Philip John Economopoulos Senior vice president 1 Dec 2007 Other 872976
Andrew Jerome Rand First vice president 1 Dec 2007 Other 2648600
Edward Joseph Burke Vice president 1 Dec 2007 Other 701270
Lawrence V Zartarian Vice president 1 Dec 2007 Other 2306034
Katharine Jean Turner Assistant vice president 1 Dec 2007 Other 2001988
Jeffrey Paul Julien Director 1 May 2011 Other 1453432
John Michael Kuklenski Director 1 May 2011 Other 728732
Dennis William Zank Director / president 1 May 2011 Other 871971
Richard Bonafield Franz Treasurer / senior vice president 1 May 2011 Other 1402348
Paul Louis Matecki Secretary 1 May 2011 Other 1173122
Brian Jerome Lampsa Vice president 1 May 2011 Other 1935600

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. Raymond James Financial Sole owner 1 Apr 2011 75% - 100% 59-1517485

Based in Chicago

The principal office where Howe Barnes Capital Management, Inc. performs its advisory services is located at C/O Howe Barnes Hoefer & Arnett, Inc., Chicago, IL 60606 The mailing address of the firm is 222 S. Riverside Plaza, Chicago, IL 60606. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-655-3000 or by fax 312-655-2775. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.