Frontegra Asset Management Inc (Northbrook)


Frontegra Asset Management Inc is a large advisory firm based in Northbrook. It manages $1.76 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001.

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Frontegra Asset Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Frontegra Asset Management: assets under management

The assets under management (AUM) of Frontegra Asset Management Inc is $1.76 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1335% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $1.76 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $293.17 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Frontegra Asset Management Inc 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.

What kind of clients William Donald Forsyth serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of William Donald Forsyth is investment companies with 1 clients and $1.69 billion of assets under management. Among the 10 most similar advisory firms, Frontegra Asset Management has the highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $1.76 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Frontegra Asset Management doesn't advise any private funds.

Careers at Frontegra Asset Management Inc

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. No 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.

William Donald Forsyth has been acting as President since 1 May 1996. Frontier North America Holdings Inc. joined the executive team most recently as the Holding Company.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Thomas James Holmberg Co-president/secretary/assistant treasurer/director/partner 1 Aug 1994 50% - 75% 1736381
William Donald Forsyth Co-president/treasurer/assistant secretary/director/partner 1 Aug 1994 50% - 75% 1285055
William Donald Forsyth President/treasurer/assistant secretary/director/partner 1 May 1996 75% - 100% 1285055
Keith Bruch Chief administrative officer 1 May 1996 Other 2808656
Thomas James Holmberg Co-president/secretary/assistant treasurer/director/partner 1 May 1996 50% - 75% 1736381
Elyce Diane Dilworth Chief compliance officer, secretary (since 8/2008) 1 Jan 2008 Other 2658940
Frontier North America Holdings Inc. Holding company 1 Oct 2018 75% - 100% 82-4237957

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Magellan Financial Group Limited Parent entity 1 Oct 2018 75% - 100% foreign

Based in Northbrook

The principal office where Frontegra Asset Management Inc performs its advisory services is located at 400 Skokie Blvd, Suite 500, 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 847-509-9860 or by fax 847-509-9845. 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 frontiermutualfunds.com.