Greenrock Research, Inc. (Chicago)

Name: Greenrock Research, Inc.
Address: 223 W. Jackson Blvd, Chicago, IL, 60606 5912
Telephone: 312.463.1301

Greenrock Research, Inc. is a large advisory firm based in Chicago. It manages $671.51 million of regulatory assets for 2,034 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Illinois.

Greenrock Research provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and provision of investment advice and research through advisor consultations. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Greenrock Research: assets under management

The assets under management (AUM) of Greenrock Research, Inc. is $671.51 million. The firm's AUM has grown by 1135% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $343.23 million in discretionary accounts and $328.28 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $308.66 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $356.05 thousand.

Investments

The firm invests in non-exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, 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 several streams of revenue. Clients pay Greenrock Research, Inc. 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.

What kind of clients Greenrock Research serves?

The only and largest group of clients of Greenrock Research is other investment advisers with 28 clients and $671.51 million of assets under management. Among the 11 most similar advisory firms, Greenrock Research has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $671.51 million for 28 clients. None of the firm’s clients are foreign persons or businesses.

Greenrock Research doesn't advise any private funds.

Careers at Greenrock Research, Inc.

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 4 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
Michael Kevin Malone	President and chief compliance officer	1 Jul 2004	75% - 100%	318113

Based in Chicago

The principal office where Greenrock Research, Inc. performs its advisory services is located at 223 W. Jackson Blvd, Chicago, IL 60606 5912, 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 312.463.1301 or by fax 866.523.7205. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at greenrockresearch.com/.