Stevard LLC (Chicago)

Stevard LLC is a large advisory firm based in Chicago. It manages $345.38 million of regulatory assets for 120 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Illinois.

Stevard provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and consulting, property management. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Stevard: assets under management

The assets under management (AUM) of Stevard LLC is $345.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $345.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.88 million each.

Stevard has custody of $225.52 million in cash and securities for 43 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 48% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in exchange traded securities form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stevard LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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 Christine Jo Sibrava serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Christine Jo Sibrava is pooled investment vehicles with 10 clients and $269 million of assets under management. Among the 14 most similar advisory firms, Stevard has the 7th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $345.38 million for 53 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.

Stevard also advises several private funds. Namely, ten other private funds.

Careers at Stevard LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Christine Jo Sibrava has been acting as President since 1 Nov 2016. Gery Joseph Sadzewicz joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gery Joseph Sadzewicz	Managing member and chief compliance officer	1 Aug 2016	75% - 100%	1090963
Gery Joseph Sadzewicz	Chief compliance officer	1 Nov 2016	Other	1090963
Christine Jo Sibrava	President	1 Nov 2016	75% - 100%	5923825
Jessica J Garner	Vice president, finance & operations	1 Nov 2016	Other	6724869

Based in Chicago

The principal office where Stevard LLC performs its advisory services is located at 4741 N. Dover Street, Chicago, IL 60640, 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 773-275-3262 or by fax 773-417-0551. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday.