Altair Advisers, LLC is a large advisory firm based in Chicago. It manages $4.4 billion of regulatory assets for 701 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Florida, Illinois, and 6 other states.
Altair Advisers provides financial planning services, portfolio management for investment companies, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Altair Advisers, LLC is $4.4 billion. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Altair Advisers, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Steven Barry Weinstein is high net worth individuals with 250 clients and $3.2 billion of assets under management. Among the 5 most similar advisory firms, Altair Advisers has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $4.4 billion for 700 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.
Altair Advisers doesn't advise any private funds.
The company employs 49 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Steven Barry Weinstein has been acting as President since 1 Apr 2002. Rebekah Lea Kohmescher joined the executive team most recently as the Chief Compliance Officer.
The principal office where Altair Advisers, LLC performs its advisory services is located at 303 W. Madison St., Chicago, IL 60606, 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 312-429-3000 or by fax 312-429-3029. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at altairadvisers.com/.