Advanced Equities, Inc. (Chicago)

Name: Advanced Equities, Inc.
Address: 311 South Wacker, Chicago, IL, 60606
Telephone: 312-377-5300

Advanced Equities, Inc. is a large advisory firm based in Chicago. It manages $867.93 million of regulatory assets for 209 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Advanced Equities provides portfolio management for pooled investment vehicles 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.

Advanced Equities: assets under management

The assets under management (AUM) of Advanced Equities, Inc. is $867.93 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1818% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $867.93 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.15 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advanced Equities, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Advanced Equities, Inc.

Jeffrey Scott Fisher has been acting as President since 1 Apr 2005. David Shawn Rogers joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Advanced Equities Financial Corporation	Owner	1 Mar 1999	75% - 100%	36-4260171
Advanced Equities Financial Corp.	Owner	1 Mar 1999	75% - 100%	36-4260171
Jeffrey Scott Fisher	President	1 Apr 2005	Other	1207878
Robert Maurice Milburn	Finop	1 Jun 2006	Other	2013040
Richard Hunt Crockett	Srop	1 Sep 2006	Other	1209667
Dana Louise Aultmanbazinet	Compliance admin. manager san francisco	1 Oct 2006	Other	2277879
Keith Enrique Beck	Assistant chief compliance officer	1 Jan 2007	Other	1690201
Kimberly Victoria Rian Haupin	Assistant compliance officer	1 Jan 2007	Other	5002236
James Patrick Lynch	Branch manager	1 Mar 2007	Other	2387056
Richard Hunt Crockett	Managing director new york office	1 Mar 2007	Other	1209667
Matthew Mark Reynolds	Crop	1 Apr 2007	Other	4077413
James Patrick Kozak	Municipal securities principal	1 Aug 2007	Other	2237880
Gordon Elliot Fallone	Branch manager-sf	1 Sep 2007	Other	1767760
Byron Keith Crowe	President and general securities principal	1 Oct 2007	Other	1586181
Matthew Mark Reynolds	Finop	1 Oct 2007	Other	4077413
Brian Bender	Municipal securities principal	1 Mar 2008	Other	1552650
Todd Lee Schossow	Sr. compliance officer	1 Apr 2008	Other	2782341
Basil Christakos	Compliance and administrative manager - new york	1 Jul 2008	Other	2290795
Kimberly Victoria Rian Haupin	Compliance/ aml officer	1 Oct 2008	Other	5002236
Keith Enrique Beck	Chief of compliance - registered investment advisor division	1 Oct 2008	Other	1690201
Douglas Colombo	Chief compliance officer- broker dealer	1 Nov 2008	Other	1858351
Keith Enrique Beck	Branch manager - chicago	1 Aug 2009	Other	1690201
James Patrick Kozak	Sales manager - chicago	1 Sep 2009	Other	2237880
Jordan Stuart Berlin	Branch manager - ny	1 Sep 2009	Other	821934
David Shawn Rogers	Chief operating officer	1 Feb 2010	Other	3081518
William Frederick Pedersen	San francisco branch manager	1 Feb 2010	Other	2586686
Keith Enrique Beck	Asst. chief of compliance - registered investment advisor division	1 May 2010	Other	1690201
Saju Bahuleyan	Chief of compliance - registered investment advisor division	1 May 2010	Other	2318290
Gerald Palmer Pascal	Compliance manager- san francisco	1 May 2010	Other	5033755
Saju Bahuleyan	Finop	1 Jul 2010	Other	2318290
Keith Enrique Beck	Chief compliance officer- broker dealer	1 Jul 2010	Other	1690201
Kimberly Victoria Rian Haupin	Compliance manager chicago office	1 Jul 2010	Other	5002236
Gerald Palmer Pascal	Aml compliance officer	1 Oct 2011	Other	5033755
Matthew S Gartner	Compliance manager - chicago	1 Oct 2011	Other	5625600
Keith Enrique Beck	Branch manager- chicago	1 Oct 2011	Other	1690201
Byron Keith Crowe	Chief operating officer	1 Nov 2011	Other	1586181
David Shawn Rogers	National sales director	1 Nov 2011	Other	3081518
Michael Edward Dockendorf	President	1 Nov 2011	Other	834115
Gerald Palmer Pascal	Branch manager - san francisco	1 Jan 2012	Other	5033755
Basil Christakos	Compliance officer - new york	1 Jan 2012	Other	2290795
David Shawn Rogers	Chief operating officer	1 Oct 2012	Other	3081518
Byron Keith Crowe	President	1 Oct 2012	Other	1586181
Leonidas Carter Mecham	Chief financial officer	1 Oct 2012	Other	5422991

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Keith Gregory Daubenspeck	Owner	1 Nov 1998	25% - 50%	1463372
Dwight Oliver Badger	Owner	1 Nov 2000	25% - 50%	1965315

Based in Chicago

The principal office where Advanced Equities, Inc. performs its advisory services is located at 311 South Wacker, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-377-5300 or by fax 312-377-5314. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at www.advancedequities.com.