Security Capital Research & Management Incorporated (Chicago)

Name: Security Capital Research & Management Incorporated
Address: 10 South Dearborn Street, Chicago, IL, 60603
Telephone: 312-385-8320

Security Capital Research & Management Incorporated is a large advisory firm based in Chicago. It manages $3.73 billion of regulatory assets for 101 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Security Capital Research & Management Incorporated provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Security Capital Research & Management Incorporated: assets under management

The assets under management (AUM) of Security Capital Research & Management Incorporated is $3.73 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 77% since the beginning of its operation, and $86.67 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.73 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $36.91 million each.

Security Capital Research & Management Incorporated has custody of $889.48 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 15% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Security Capital Research & Management Incorporated for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joseph Kenneth Azelby serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Joseph Kenneth Azelby is pooled investment vehicles with 3 clients and $889.48 million of assets under management. Among the 8 most similar advisory firms, Security Capital Research & Management Incorporated has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.44 billion for 22 clients. 3% of the firm’s clients are foreign persons or businesses.

Security Capital Research & Management Incorporated also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Security Capital Research & Management Incorporated

The company employs 23 people that are either part- or full-time employees. 96 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Joseph Kenneth Azelby has been acting as President since 1 Mar 2006. Kristin Moschos Swon joined the executive team most recently as the Chief Compliance Officer/Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin W. Bedell	Managing director	1 Jul 1996	Other	4356565
Anthony R. Manno	Ceo, president, director & managing director	1 Jul 1996	Other	4356567
Kenneth Dale Statz	Managing director	1 Jul 1996	Other	2414171
Kevin Wendell Bedell	Managing director	1 Jul 1996	Other	4356565
Anthony Russo Manno	Ceo, president, director & managing director	1 Jul 1996	Other	4356567
Security Capital Investment Research Incorporated ("Scir")	Owner	1 Dec 1996	75% - 100%	75-2515093
Jeffrey Clark Nellessen	Vice president, secretary, treasurer & controller	1 Mar 1997	Other	1859882
David Eric Rosenbaum	Senior vice president	1 Jul 1997	Other	2175494
Russell Christopher Platt	Managing director	1 Mar 2001	Other	1567825
Charles Irving Stannard	Senior vice president	1 May 2001	Other	4398768
Inc. Gecia Holdings	Owner	1 May 2002	75% - 100%	75-2617198
Inc. General Electric Capital Services	100% owner of gecia holdings, inc.	1 May 2002	75% - 100%	06-1109503
General Electric Company	Owner of 100% of general electric capital services, inc.	1 May 2002	75% - 100%	14-0689340
David Todd Novick	General counsel	1 Aug 2002	Other	4551321
Banc One Investment Advisors Corp	Direct owner	1 Nov 2003	75% - 100%	107247
Beverly Jean Langley	Chief compliance officer	1 Nov 2003	Other	1195340
Jpmorgan Investment Advisors Inc.	Direct owner	1 Nov 2003	75% - 100%	107247
Francis Xavier Curley	Chief compliance officer	1 Jul 2004	Other	2572714
Scott Edward Richter	Chief legal officer	1 Nov 2005	Other	2859318
Susan Canning	Secretary	1 Jan 2006	Other	4764216
Thomas James Smith	Chief compliance officer/managing director	1 Feb 2006	Other	4325577
Joseph Kenneth Azelby	Director	1 Mar 2006	Other	1362405
Steven M Greenspan	Director	1 Mar 2006	Other	5120706
Steven Mark Greenspan	Director	1 Mar 2006	Other	5120706
Salvatore Michael Giliberto	Director	1 Mar 2006	Other	1923739
Nina Dostal Mettelman	Chief compliance officer/executive director	1 Sep 2006	Other	4325121
Nina D Mettelman	Chief compliance officer	1 Sep 2006	Other	4325121
Scott Edward Richter	Secretary / managing director	1 May 2007	Other	2859318
Jpmorgan Asset Management Holdings Inc.	Shareholder	1 Jul 2007	75% - 100%	13-4131516
Richard Thomas Madsen	Director	1 Mar 2015	Other	5379532
Michael Joseph Heller	Director, managing director & treasurer	1 Mar 2015	Other	4327344
Richard T. Madsen	Director	1 Mar 2015	Other	5379532
Craig Michael Sullivan	Directory	1 Mar 2015	Other	5841189
Anton Cyriel Pil	Director/global head of jpmorgan asset management alternatives/managing director	1 Mar 2017	Other	4630652
Anton C. Pil	Director/global head of jpmorgan asset management alternatives/managing director	1 Mar 2017	Other	4630652
Howard Michael Dottin	Executive director business management	1 Mar 2017	Other	6630628
Lawrence John Fuchs	Managing director	1 Apr 2018	Other	2295172
Kristin Moschos Swon	Chief compliance officer/managing director	1 Aug 2018	Other	7023673

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Na (Ohio) Bank One	Owner	1 Oct 1991	75% - 100%	31-4148768
Security Capital Group Incorporated	100% owner of scir	1 Dec 1996	75% - 100%	36-3692698
Bank One Corporation	Owner	1 Jan 1998	75% - 100%	31-0738296
Jp Morgan Chase & Co.	Indirect owner	1 Jul 2004	75% - 100%	13-2624428
Jpmorgan Chase & Co.	Indirect owner	1 Jul 2004	75% - 100%	13-2624428
Jpmorgan Chase & Co.	Shareholder	1 Nov 2004	75% - 100%	13-2624428
N.A. Jpmorgan Chase Bank	Owner	1 Nov 2004	75% - 100%	13-4994650
Jpmorgan Chase & Co.	100% shareholder	1 Apr 2017	75% - 100%	13-2624428
Jpmorgan Chase Holdings Llc	100% shareholder	1 Apr 2017	75% - 100%	81-3858870

Based in Chicago

The principal office where Security Capital Research & Management Incorporated performs its advisory services is located at 10 South Dearborn Street, Chicago, IL 60603, 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 312-385-8320 or by fax 312-385-8326. The normal business hours are 8 a.m - 6 p.m. on Monday - Friday. You can find more information about the New York firm at securitycapital.com.