Arthur M. Cohen & Associates LLC (Northbrook)


Arthur M. Cohen & Associates LLC is a large advisory firm based in Northbrook. It manages $643.83 million of regulatory assets for 790 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Arizona, California, Colorado, and 3 other states.

Arthur M. Cohen & Associates provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Arthur M. Cohen & Associates: assets under management

The assets under management (AUM) of Arthur M. Cohen & Associates LLC is $643.83 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 125% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $643.83 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $814.97 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arthur M. Cohen & Associates LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Arthur M. Cohen & Associates serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Arthur M. Cohen & Associates is high net worth individuals with 165 clients and $643.62 million of assets under management. Among the 10 most similar advisory firms, Arthur M. Cohen & Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $643.83 million for 171 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.

Arthur M. Cohen & Associates doesn't advise any private funds.

Careers at Arthur M. Cohen & Associates LLC

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Arthur Mark Cohen Sole member and president 1 Oct 2001 75% - 100% 869197
Lynn Cohen Chief compliance officer 1 Sep 2004 Other 5035310

Based in Northbrook

The principal office where Arthur M. Cohen & Associates LLC performs its advisory services is located at 1033 Skokie Boulevard, Northbrook, IL 60062, 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 847-480-2990 or by fax 847-480-7794. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.