Alternative Investment Resource, LLC is a large advisory firm based in Chicago. It manages $174.57 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Illinois, Missouri, and New York.
Alternative Investment Resource provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Alternative Investment Resource, LLC is $174.57 million. The firm's AUM has grown by 68% since the beginning of its operation, and $145.53 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Alternative Investment Resource, LLC 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.
The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Alternative Investment Resource is other investment advisers with 1 clients and $145.53 million of assets under management. Among the 11 most similar advisory firms, Alternative Investment Resource has the highest percentage of other investment advisers out of all clients.
The amount of regulatory assets under management is $174.57 million for 5 clients. 25% of the firm’s clients are foreign persons or businesses.
Alternative Investment Resource also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.
The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Amy Lynn Boyet joined the executive team most recently as the Chief Compliance Officer And Director Of Operations.
The principal office where Alternative Investment Resource, LLC performs its advisory services is located at 333 S. Wabash, Chicago, IL 60604 The mailing address of the firm is 91 Clinton Avenue, Nyack, NY 10960. An additional office of the firm is in St. Louis, MO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 773-230-2759. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at airassetmanagement.com.