Beecken Petty O'keefe & Company, LLC (Chicago)

Name: Beecken Petty O'keefe & Company, LLC
Address: 131 South Dearborn, Chicago, IL, 60603
Telephone: 312-435-0300

Beecken Petty O'keefe & Company, LLC is a large advisory firm based in Chicago. It manages $1.08 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.

Beecken Petty O'keefe & Company provides portfolio management for pooled investment vehicles and portfolio company management services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Beecken Petty O'keefe & Company: assets under management

The assets under management (AUM) of Beecken Petty O'keefe & Company, LLC is $1.08 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.08 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $119.6 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Beecken Petty O'keefe & Company, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Beecken Petty O'keefe & Company serves?

The only and largest group of clients of Beecken Petty O'keefe & Company is pooled investment vehicles with 9 clients and $1.08 billion of assets under management. Among the 7 most similar advisory firms, Beecken Petty O'keefe & Company has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.08 billion for 9 clients. None of the firm’s clients are foreign persons or businesses.

Beecken Petty O'keefe & Company also advises several private funds. Namely, nine private equity funds. The minimum investment commitment required of non-related persons ranges from $20,813 to $5,000,000.

Careers at Beecken Petty O'keefe & Company, LLC

The company employs 18 people that are either part- or full-time employees. 78 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 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
Kenneth William Okeefe	Managing member	1 Dec 2003	25% - 50%	1868169
David Keith Beecken	Member	1 Dec 2003	25% - 50%	2309768
William Gordon Petty	Member	1 Dec 2003	25% - 50%	361998
John Wesley Kneen	Chief financial officer	1 Dec 2003	Other	6024789
John Wesley Kneen	Chief compliance officer	1 Feb 2012	Other	6024789

Based in Chicago

The principal office where Beecken Petty O'keefe & Company, LLC performs its advisory services is located at 131 South Dearborn, Chicago, IL 60603, 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 312-435-0300 or by fax 312-435-0371. The normal business hours are 8:30 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at bpoc.com and its LinkedIn profile.