Graybill Bartz Associates, Ltd (Elmhurst)

Name: Graybill Bartz Associates, Ltd
Address: 135 S Cottage Hill Ave, Elmhurst, IL, 60126
Telephone: 630-941-9460

Graybill Bartz Associates, Ltd is a large advisory firm based in Elmhurst. It manages $270.7 million of regulatory assets for 444 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, New Hampshire, and Texas.

Graybill Bartz Associates provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Graybill Bartz Associates: assets under management

The assets under management (AUM) of Graybill Bartz Associates, Ltd is $270.7 million. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $262.18 million in discretionary accounts and $8.52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $615.44 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $473.52 thousand.

Graybill Bartz Associates has custody of $24.69 million in cash and securities for 33 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 19% of the firm’s portfolio. Investments in investment and business development companies form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Graybill Bartz Associates, Ltd 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 Steven M Bartz serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Steven M Bartz is high net worth individuals with 64 clients and $197.37 million of assets under management. Among the 13 most similar advisory firms, Graybill Bartz Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $258.38 million for 198 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.

Graybill Bartz Associates doesn't advise any private funds.

Careers at Graybill Bartz Associates, Ltd

The company employs 6 people that are either part- or full-time employees. 50 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Steven M Bartz has been acting as President since 1 Nov 1996. David Mclean Canfield joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Wayne Graybill	Chairman	1 Jul 1969	75% - 100%	4388911
Carl David Maxwell	Director	1 Jul 1993	Other	601141
Steven M Bartz	President	1 Nov 1996	75% - 100%	3007487
Talath A Ahmed	Cheif operations officer	1 Apr 1999	Other	3080363
Philip B Karlson	Chief compliance officer	1 Aug 2001	Other	4593032
Donald M Canfield	Executive vice president	1 May 2004	Other	4842767
Gary Raymond Dhein	Executive vice president	1 Feb 2009	Other	4371866
Philip B Karlson	President, cco	1 Jul 2017	75% - 100%	4593032
Donald M Canfield	Executive vice president	1 Jul 2017	Other	4842767
David Mclean Canfield	Executive vice president	1 Sep 2019	Other	7177923

Based in Elmhurst

The principal office where Graybill Bartz Associates, Ltd performs its advisory services is located at 135 S Cottage Hill Ave, Elmhurst, IL 60126, 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 630-941-9460 or by fax 630-832-3491. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at graybillbartz.com.