J.H. Ellwood & Associates, Inc. (Chicago)

Name: J.H. Ellwood & Associates, Inc.
Address: 33 W Monroe, Chicago, IL, 60603
Telephone: 312-782-5432

J.H. Ellwood & Associates, Inc. is a large advisory firm based in Chicago. It manages $1.05 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Colorado, Delaware, Georgia, and 10 other states.

J.H. Ellwood & Associates provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, educational seminars and workshops, and consult svcs for institutional pools (operating assets, endowments, foundations, high net worth individuals, insurance reserves). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

J.H. Ellwood & Associates: assets under management

The assets under management (AUM) of J.H. Ellwood & Associates, Inc. is $1.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.18 million each.

Investments

The firm invests in investment and business development companies the most. They account for 44% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 30% of the firm’s portfolio. Investments in other assets form 24% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J.H. Ellwood & Associates, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Russell Whitmore Hill serves?

The firm provides services to charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Russell Whitmore Hill is charitable organizations with 12 clients and $828.15 million of assets under management. Among the 10 most similar advisory firms, J.H. Ellwood & Associates has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $1.05 billion for 19 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.

J.H. Ellwood & Associates doesn't advise any private funds.

Careers at J.H. Ellwood & Associates, Inc.

The company employs 54 people that are either part- or full-time employees. 81 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Russell Whitmore Hill has been acting as President since 1 Feb 2004. Daniel Raymond George has served as the Chief Investment Officer since 1 Feb 2004. Timothy Richard Egan joined the executive team most recently as the Board Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Hamilton Ellwood	Director/chairman/class a shareholder	1 May 1981	75% - 100%	4393871
Barbara Kinne Ellwood	Director	1 Oct 1982	Other	4393766
Russell Hill	Director/president/class b shareholder	1 Dec 1997	25% - 50%	2083448
Russell Whitmore Hill	Director/president/class a shareholder	1 Dec 1997	Other	2083448
Roger Lomas Gould	Consultant/class b shareholder	1 Sep 1999	Other	4393874
Daniel Ron Palmquist	Consultant/class b shareholder	1 Sep 1999	Other	4393893
Greatbanc Trust Company	Trustee/class c shareholder	1 Sep 1999	25% - 50%	36-4324620
Russell Whitmore Hill	Director/chairman/ceo	1 Feb 2004	Other	2083448
Daniel Raymond George	Director/chief investment officer	1 Feb 2004	Other	4777850
Bradley Jason Levandoski	Director/chief information officer	1 Feb 2004	Other	4777854
M. Susan B. Toth	Director/president/coo/chief compliance officer	1 Feb 2004	Other	4777857
Inc. Employee Stock Ownership Plan J.H. Ellwood & Associates	Class c shareholder	1 Feb 2004	75% - 100%	36-3121777
Mary Susan Toth	Director/president/coo	1 Feb 2004	Other	4777857
Inc. First Bankers Trust Services	Trustee/class c shareholder	1 Nov 2011	75% - 100%	20-1171923
Timothy Richard Egan	Board director	1 Jan 2019	Other	1735638
Kevin Glenn Yoshida	Board director	1 Jan 2019	Other	4378632
Aaron Waldman Ward	President, managing director	1 Jan 2019	Other	7091332
Daniel Eric Simon	Managing director	1 Jan 2019	Other	4920131
Alexander Stewart Farquhar	Managing director	1 Jan 2019	Other	3063113

Based in Chicago

The principal office where J.H. Ellwood & Associates, Inc. performs its advisory services is located at 33 W Monroe, Chicago, IL 60603, which is also the mailing address of the firm. 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 312-782-5432 or by fax 312-782-7494. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ellwoodassociates.com.