Highpoint Advisor Group, LLC is a large advisory firm based in Downers Grove. It manages $1.94 billion of regulatory assets for 6,315 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Arizona, California, and 32 other states.
Highpoint Advisor Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Highpoint Advisor Group, LLC is $1.94 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 197% 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 Highpoint Advisor Group, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Highpoint Advisor Group is high net worth individuals with 1,878 clients and $1.09 billion of assets under management. Among the 10 most similar advisory firms, Highpoint Advisor Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.94 billion for 6,315 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.
Highpoint Advisor Group doesn't advise any private funds.
The company employs 87 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 79 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 receive compensation from other entities for client referrals.
The principal office where Highpoint Advisor Group, LLC performs its advisory services is located at 2001 Butterfield Road, Downers Grove, IL 60515, which is also the mailing address of the firm. An additional office of the firm is in Naperville, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 630-719-9222 or by fax 630-719-9221. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at highpointplanningpartners.com and its LinkedIn profile.