Mark Bell Advisory Services, Inc. (Chicago)

Name: Mark Bell Advisory Services, Inc.
Address: 401 N Michigan Ave, Chicago, IL, 60611
Telephone: 312-840-8265

Mark Bell Advisory Services, Inc. is a large advisory firm based in Chicago. It manages $110.8 million of regulatory assets for 140 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Texas.

Mark Bell Advisory Services provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mark Bell Advisory Services: assets under management

The assets under management (AUM) of Mark Bell Advisory Services, Inc. is $110.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $110.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $791.42 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is state and local bonds, which make up 17% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mark Bell Advisory Services, Inc. for their services and products based on a percentage of assets under management. 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 Robert Mark Bell serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Robert Mark Bell is high net worth individuals with 39 clients and $104.12 million of assets under management. Among the 11 most similar advisory firms, Mark Bell Advisory Services has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $110.8 million for 48 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.

Mark Bell Advisory Services doesn't advise any private funds.

Careers at Mark Bell Advisory Services, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Mark Bell	President/chief compliance officer	1 Nov 1990	75% - 100%	1284013

Based in Chicago

The principal office where Mark Bell Advisory Services, Inc. performs its advisory services is located at 401 N Michigan Ave, Chicago, IL 60611, 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 312-840-8265 or by fax 312-840-8201. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at markbelladvisory.com.