Shankervalleau Wealth Advisors, Inc. is a large advisory firm based in Skokie. It manages $296.06 million of regulatory assets for 558 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Florida, Illinois, and 4 other states.
Shankervalleau Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Shankervalleau Wealth Advisors, Inc. is $296.06 million. The firm's AUM has grown by 360% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Shankervalleau Wealth Advisors, Inc. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Shankervalleau Wealth Advisors is high net worth individuals with 93 clients and $249.94 million of assets under management. Among the 9 most similar advisory firms, Shankervalleau Wealth Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $295.15 million for 196 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.
Shankervalleau Wealth Advisors doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where Shankervalleau Wealth Advisors, Inc. performs its advisory services is located at 5215 Old Orchard Road, Skokie, IL 60077, 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 847-475-2900 or by fax 847-972-1303. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at shankervalleau.com.