Uhlmann Investment Management, L.L.C. (Chicago)

Name: Uhlmann Investment Management, L.L.C.
Address: 303 West Madison Street, Chicago, IL, 60606
Telephone: 312-264-4400

Uhlmann Investment Management, L.L.C. is a large advisory firm based in Chicago. It manages $169.81 million of regulatory assets for 210 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Colorado, and 15 other states.

Uhlmann Investment Management, L.L.C provides portfolio management for individuals and small businesses 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.

Uhlmann Investment Management, L.L.C: assets under management

The assets under management (AUM) of Uhlmann Investment Management, L.L.C. is $169.81 million. The firm's AUM has grown by 203% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $138.58 million in discretionary accounts and $31.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $247.92 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Uhlmann Investment Management, L.L.C. 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 Dana Baer serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James Dana Baer is high net worth individuals with 136 clients and $154.67 million of assets under management. Among the 13 most similar advisory firms, Uhlmann Investment Management, L.L.C has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $169.81 million for 210 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.

Uhlmann Investment Management, L.L.C doesn't advise any private funds.

Careers at Uhlmann Investment Management, L.L.C.

The company employs 15 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 15 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.

James Dana Baer has been acting as President since 1 Apr 2001. L.L.C. Ups Holdings joined the executive team most recently as the Holding Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Dana Baer	President	1 Apr 2001	Other	9936
Llc Uhlmann Price Securities	Owner	1 Dec 2003	75% - 100%	42854
Denise Marie Poling	Chief compliance officer	1 Apr 2016	Other	2519433

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc Price Holdings	Holding company	1 Apr 2010	75% - 100%	27-1519630
L.L.C. Ups Holdings	Holding company	1 Jan 2018	75% - 100%	82-3474011

Based in Chicago

The principal office where Uhlmann Investment Management, L.L.C. performs its advisory services is located at 303 West Madison Street, Chicago, IL 60606 The mailing address of the firm is 5202 Old Orchard Road, Skokie, IL 60077. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-264-4400 or by fax 312-264-4401. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at upsecurities.com.