Sosnoff Sheridan Corp (Chicago)

Sosnoff Sheridan Corp is a large advisory firm based in Chicago. It manages $340 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001.

Sosnoff Sheridan Corp provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sosnoff Sheridan Corp: assets under management

The assets under management (AUM) of Sosnoff Sheridan Corp is $340 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $40 million in discretionary accounts and $300 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $40 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $300 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sosnoff Sheridan Corp for their services and products based on a percentage of assets under management and fixed 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.

Careers at Sosnoff Sheridan Corp

Tom Sosnoff has been acting as President since 1 May 1995. Scott Daniel Sheridan joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tom Sosnoff	President	1 May 1995	50% - 75%	704235
Scott Daniel Sheridan	Vice-president	1 May 1995	50% - 75%	2420659

Based in Chicago

The principal office where Sosnoff Sheridan Corp performs its advisory services is located at 3304 North Lincoln, Chicago, IL 60657, which is also the mailing address of the firm. The firm also has an office outside of the United States.