Gbs Investment Consulting, LLC (Itasca)


Gbs Investment Consulting, LLC is a large advisory firm based in Itasca. It manages $45.51 billion of regulatory assets for 210 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of District of Columbia, Florida, Illinois, and 4 other states.

Gbs Investment Consulting provides portfolio management for businesses and institutional clients, pension consulting services, and market timing 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.

Gbs Investment Consulting: assets under management

The assets under management (AUM) of Gbs Investment Consulting, LLC is $45.51 billion. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.67 billion in discretionary accounts and $43.84 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $98.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $227.16 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gbs Investment Consulting, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Gbs Investment Consulting, LLC

Michael Joseph Dicenso has been acting as President since 1 May 2007. Francis Xavier Lilly joined the executive team most recently as the Area Chairman Independent Fiduciary Services Division.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Gallagher Benefit Services Entity 1 May 2007 75% - 100% 36-4291971
Michael Joseph Dicenso President 1 May 2007 Other 1663812
John Joseph Caraher Vp/cfo 1 May 2007 Other 4834715
Kerry Stephen Abbott Secretary 1 May 2007 Other 5481731
Jack Henry Lazzaro Treasurer 1 May 2007 Other 5481735
Theresa Anne Scotti Area president yanni partners division 1 Jan 2008 Other 417309
Frank Nicholas Domeisen Area vice president yanni partners division 1 Jan 2008 Other 2491363
Charles William Gregor Chief compliance officer 1 Jan 2008 Other 706299
Frank Nicholas Domeisen Area president yanni partners division 1 Jan 2011 Other 2491363
Francis Xavier Lilly Area chairman independent fiduciary services division 1 Jun 2011 Other 1879491
Samuel William Halpern Area president independent fiduciary services division 1 Jun 2011 Other 4521084
Diana Fay Butts Vice president 1 Jun 2011 Other 3236005
Jerome Stephen Hanner Vice president 1 Jun 2011 Other 2299706
Paul Francis Wasikowski Vice president -- tax 1 Jun 2011 Other 5039979
Lisa Ann Coyne Assistant vice president -- tax 1 Jun 2011 Other 5303724
April Hanes Dowd Secretary 1 Jun 2011 Other 5946670

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Arthur J. Gallagher & Co. Owner 1 Apr 1999 75% - 100% 36-2481781

Based in Itasca

The principal office where Gbs Investment Consulting, LLC performs its advisory services is located at Two Pierce Place, Itasca, IL 60143 3141, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 630-285-3564 or by fax 630-285-3483. The normal business hours are 9:00 am to 5:00 pm cst on Monday - Friday. You can find more information about the New York firm at www.yannipartners.com.