Attucks Asset Management, LLC (Chicago)

Name: Attucks Asset Management, LLC
Address: 321 North Clark Street, Chicago, IL, 60654
Telephone: 312-422-9200

Attucks Asset Management, LLC is a large advisory firm based in Chicago. It manages $1.53 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Connecticut, Illinois, and Kansas.

Attucks Asset Management provides portfolio management for businesses and institutional clients and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Attucks Asset Management: assets under management

The assets under management (AUM) of Attucks Asset Management, LLC is $1.53 billion. The firm's AUM has grown by 2554% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.39 billion in discretionary accounts and $135.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $174.32 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $135.47 million.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 4% of the firm’s portfolio. Investments in pooled investment vehicles form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Attucks Asset Management, 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.

What kind of clients Attucks Asset Management serves?

The only and largest group of clients of Attucks Asset Management is pension and profit sharing plans with 8 clients and $1.22 billion of assets under management. Among the 11 most similar advisory firms, Attucks Asset Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.22 billion for 8 clients. None of the firm’s clients are foreign persons or businesses.

Attucks Asset Management doesn't advise any private funds.

Careers at Attucks Asset Management, LLC

The company employs 10 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.

Patrick James Silvestri has served as the Chief Investment Officer since 1 Nov 2014 and Leslie Fee Bond is the Chief Executive Officer of Attucks Asset Management, LLC family office. Vennie Alvin Lyons joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Leslie Fee Bond	Chief executive officer	1 Aug 2001	50% - 75%	2304735
Dennis Weston Lloyd	Member	1 Aug 2001	Other	1812374
Geri Sands Hansen	Member	1 Aug 2001	25% - 50%	4497392
Kevin Bruce Wickliffe	Chief compliance officer/managing director/general counsel	1 Jan 2002	Other	4525329
Catherine Gilchrist Sweeney	Managing director	1 Sep 2010	Other	4346813
Patrick James Silvestri	Chief investment officer	1 Nov 2014	Other	4008059
Vennie Alvin Lyons	Managing director	1 Dec 2016	Other	6773378

Based in Chicago

The principal office where Attucks Asset Management, LLC performs its advisory services is located at 321 North Clark Street, Chicago, IL 60654, which is also the mailing address of the firm. An additional office of the firm is in Lawrence, KS. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-422-9200 or by fax 312-422-9201. The normal business hours are 8:30 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at attucksfunds.com.