Mcdonnell Investment Management, LLC is a large advisory firm based in Oakbrook Terrace. It manages $11.7 billion of regulatory assets for 9,478 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Mcdonnell Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and credit information services. 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 Mcdonnell Investment Management, LLC is $11.7 billion. The firm's AUM has grown by 92% since the beginning of its operation, and $11.49 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Mcdonnell Investment Management, LLC for their services and products based on a percentage of assets under management 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 insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Mcdonnell Investment Management is high net worth individuals with 9,032 clients and $5.75 billion of assets under management. Among the 7 most similar advisory firms, Mcdonnell Investment Management has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $11.7 billion for 9,478 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Mcdonnell Investment Management doesn't advise any private funds.
The company employs 50 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 3 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 Mcdonnell Investment Management, LLC performs its advisory services is located at 18 W140 Butterfield Road, Oakbrook Terrace, IL 60181, 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 630-684-8600 or by fax 630-368-3977. The normal business hours are 7:30 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at mcdonnellinvestments.com.