Wilen Investment Management Corp. (Bonita Springs)

Wilen Investment Management Corp. is a large advisory firm based in Bonita Springs. It manages $200 million of regulatory assets for 236 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida and Maryland.

Wilen Investment Management Corp provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wilen Investment Management Corp: assets under management

The assets under management (AUM) of Wilen Investment Management Corp. is $200 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $200 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $847.46 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 30% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wilen Investment Management Corp. 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 James Wilen serves?

The firm provides services to charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of James Wilen is high net worth individuals with 230 clients and $188 million of assets under management. Among the 11 most similar advisory firms, Wilen Investment Management Corp has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $200 million for 236 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.

Wilen Investment Management Corp doesn't advise any private funds.

Careers at Wilen Investment Management Corp.

The company employs 4 people that are either part- or full-time employees. 25 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Wilen has been acting as President since 1 Jul 1984. Ellen Rapoport Wilen joined the executive team most recently as the Secretary/Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Wilen	President	1 Jul 1984	75% - 100%	4917899
Ellen Rapoport Wilen	Secretary/treasurer	1 Jul 1984	Other	4917876
James Wilen	Chief compliance officer	1 Jan 2005	75% - 100%	4917854

Based in Bonita Springs

The principal office where Wilen Investment Management Corp. performs its advisory services is located at 14551 Meravi Drive, Bonita Springs, FL 34135, which is also the mailing address of the firm. An additional office of the firm is in Lutherville, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-239-676-8281 or by fax 410-321-7834. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.