Invesco Powershares Capital Management LLC is a large advisory firm based in Downers Grove. It manages $86.87 billion of regulatory assets for 205 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Illinois.
Invesco Powershares Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and sponsor to the qqq trust series 1 and the bldrs index funds trust. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Invesco Powershares Capital Management LLC is $86.87 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 885% since the beginning of its operation, and $6.8 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Invesco Powershares Capital Management LLC 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 investment companies and pooled investment vehicles. The largest group of clients of Harold B Bond is investment companies with 194 clients and $82.23 billion of assets under management. Among the 10 most similar advisory firms, Invesco Powershares Capital Management has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $86.87 billion for 205 clients. 26% of the firm’s clients are foreign persons or businesses.
Invesco Powershares Capital Management doesn't advise any private funds.
The company employs 97 people that are either part- or full-time employees. 15 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 receive compensation from other entities for client referrals.
Harold B Bond has been acting as President since 1 Nov 2009. Melanie L Hulett joined the executive team most recently as the Chief Compliance Officer.
The principal office where Invesco Powershares Capital Management LLC performs its advisory services is located at 3500 Lacey Road, Downers Grove, IL 60515, 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 800-983-0903 or by fax 630-933-9699. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at invescopowershares.net.