Sheridan Road Advisors, LLC is a large advisory firm based in Northbrook. It manages $2.86 billion of regulatory assets for 1,405 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 23 other states.
Sheridan Road Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sheridan Road Advisors, LLC is $2.86 billion. The firm's AUM has grown by 1308% 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 Sheridan Road Advisors, 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Darren Dennis Caesar is pension and profit sharing plans with 142 clients and $2.58 billion of assets under management. Among the 7 most similar advisory firms, Sheridan Road Advisors has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $2.86 billion for 1,301 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.
Sheridan Road Advisors doesn't advise any private funds.
The company employs 37 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. 25 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.
Darren Dennis Caesar has been acting as President since 1 Dec 2018. Christopher Abe Karam has served as the Chief Investment Officer since 1 Mar 2018 and Daniel Rees Bryant is the Chief Executive Officer of Sheridan Road Advisors, LLC family office. Elisabeth Marie Mays joined the executive team most recently as the Chief Compliance Officer.
The principal office where Sheridan Road Advisors, LLC performs its advisory services is located at 707 Skokie Blvd, Northbrook, IL 60062 The mailing address of the firm is 2300 Clayton Road, Suite 300, Concord, CA 94520. An additional office of the firm is in Greenwood Village, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 847-205-9073. The normal business hours are 830am - 5pm on Monday - Friday. You can find more information about the New York firm at sheridanroad.com and its LinkedIn profile.