Billimoria Wealth Management, Inc. is a large advisory firm based in Schaumburg. It manages $53.26 million of regulatory assets for 130 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona and Illinois.
Billimoria Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Billimoria Wealth Management, Inc. is $53.26 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Billimoria Wealth Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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.
Farokh Bill Billimoria has been acting as President since 1 May 1983. Inc. Summit Capital Holdings joined the executive team most recently as the Direct Owner.
The principal office where Billimoria Wealth Management, Inc. performs its advisory services is located at 1933 N Meacham Rd, Ste 200, Schaumburg, IL 60173, 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 847-925-1800 or by fax 847-925-1802. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.