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Shorebank (Chicago)


Shorebank is a mid-sized advisory firm based in Chicago. It manages $50 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.

Shorebank provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Shorebank: assets under management

The assets under management (AUM) of Shorebank is $50 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 355% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $50 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $50 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Shorebank 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.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Shorebank Corporation Shareholder 1 Aug 1973 75% - 100% 36-2749995

Based in Chicago

The principal office where Shorebank performs its advisory services is located at 7054 S. Jeffery Blvd, Chicago, IL 60649 The mailing address of the firm is 7054 South Jeffery Boulevard, Chicago, IL 60649. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 773-420-4728 or by fax 773-753-5699. The normal business hours are 8 am -- 5 pm on Monday - Friday.


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