Howe Barnes Capital Management, Inc. (Chicago)

Howe Barnes Capital Management, Inc. is a large advisory firm based in Chicago. It manages $1.22 billion of regulatory assets for 2,157 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Howe Barnes Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Howe Barnes Capital Management: assets under management

The assets under management (AUM) of Howe Barnes Capital Management, Inc. is $1.22 billion. The firm's AUM has grown by 645% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.22 billion in discretionary accounts and $2.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $568.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $128.65 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Howe Barnes Capital Management, Inc. for their services and products based on a percentage of assets under management and commissions. 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.

Careers at Howe Barnes Capital Management, Inc.

Michael Robert Ochoa has been acting as President since 1 Aug 2004. Jeffrey Paul Julien joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Howe Barnes Investments	Sole shareholder	1 Dec 1987	75% - 100%	36-2643382
Inc. Howe Barnes Hoefer & Arnett	Sole shareholder	1 Dec 1987	75% - 100%	36-2643382
Richard Allen Bone	Vice president	1 Aug 2004	Other	1203622
David Edward Lakowski	Treasurer	1 Aug 2004	Other	1598462
Daniel Edmund Coughlin	President, director	1 Aug 2004	Other	2419252
James Daniel Nolan	Sr vice president, director	1 Aug 2004	Other	1710812
Matthew Carmen Boba	Secretary	1 Aug 2004	Other	4809549
Ronald Allan Sirt	Senior vice president, director	1 Aug 2004	Other	1289440
Matthew Mark Reynolds	Chief compliance officer, asst secretary	1 Aug 2004	Other	4077413
Peteris Robert Abuls	Vice president	1 Aug 2004	Other	1346992
James Allen Eller	Vice president	1 Aug 2004	Other	1046260
Brian Jerome Lampsa	Vice president	1 Aug 2004	Other	1935600
Jeffrey Scott Decora	Vice president	1 Aug 2004	Other	4348041
Michael Robert Ochoa	Director	1 Aug 2004	Other	1301012
Glenn Scott Schwalje	Acting chief compliance officer	1 May 2005	Other	2441501
Dean Allan Folias	Chief compliance officer	1 Jun 2005	Other	3128644
Robert Jeffery Corne	Treasurer	1 Jun 2005	Other	4993108
David Hein	Compliance officer	1 Jul 2005	Other	3223202
Philip John Economopoulos	Senior vice president	1 Dec 2007	Other	872976
Andrew Jerome Rand	First vice president	1 Dec 2007	Other	2648600
Edward Joseph Burke	Vice president	1 Dec 2007	Other	701270
Lawrence V Zartarian	Vice president	1 Dec 2007	Other	2306034
Katharine Jean Turner	Assistant vice president	1 Dec 2007	Other	2001988
Jeffrey Paul Julien	Director	1 May 2011	Other	1453432
John Michael Kuklenski	Director	1 May 2011	Other	728732
Dennis William Zank	Director / president	1 May 2011	Other	871971
Richard Bonafield Franz	Treasurer / senior vice president	1 May 2011	Other	1402348
Paul Louis Matecki	Secretary	1 May 2011	Other	1173122
Brian Jerome Lampsa	Vice president	1 May 2011	Other	1935600

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Raymond James Financial	Sole owner	1 Apr 2011	75% - 100%	59-1517485

Based in Chicago

The principal office where Howe Barnes Capital Management, Inc. performs its advisory services is located at C/O Howe Barnes Hoefer & Arnett, Inc., Chicago, IL 60606 The mailing address of the firm is 222 S. Riverside Plaza, Chicago, IL 60606. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-655-3000 or by fax 312-655-2775. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.