Evanston Capital Management, LLC is a large advisory firm based in Evanston. It manages $3.55 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2002.
Evanston Capital 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.
The assets under management (AUM) of Evanston Capital Management, LLC is $3.55 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5818% since the beginning of its operation, and $2.75 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Evanston Capital Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Evanston Capital Management is pooled investment vehicles with 9 clients and $3.48 billion of assets under management. Among the 8 most similar advisory firms, Evanston Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.52 billion for 10 clients. 36% of the firm’s clients are foreign persons or businesses.
Evanston Capital Management also advises several private funds. Namely, seven hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.
The company employs 30 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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 don’t receive compensation from other entities for client referrals.
The principal office where Evanston Capital Management, LLC performs its advisory services is located at 1560 Sherman Avenue, Suite 960, Evanston, IL 60201 4811, 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 847-328-4961 or by fax 847-328-4676. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at evanstoncap.com.