Balasa & Hoffman Inc (Schaumburg)

Name: Balasa & Hoffman Inc
Address: 1920 Thoreau Dr, Schaumburg, IL, 60173
Telephone: 847-925-9400

Balasa & Hoffman Inc is a large advisory firm based in Schaumburg. It manages $185 million of regulatory assets for 750 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Illinois.

Balasa & Hoffman provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Balasa & Hoffman: assets under management

The assets under management (AUM) of Balasa & Hoffman Inc is $185 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $185 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $246.67 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Balasa & Hoffman Inc for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Balasa & Hoffman Inc

Mark Edward Balasa has been acting as President since 1 Jul 1997. Daniel Hoffman joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Burton Irwin	Shareholder	1 Aug 1986	25% - 50%	4352142
Daniel Hoffman	Vice president	1 Apr 1994	Other	3126137
Mark Edward Balasa	President	1 Jul 1997	50% - 75%	1435616

Based in Schaumburg

The principal office where Balasa & Hoffman Inc performs its advisory services is located at 1920 Thoreau Dr, Schaumburg, IL 60173, 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 847-925-9400 or by fax 847-925-9410. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.b-h.com.