Christian Brothers Investment Services, Inc. is a large advisory firm based in Chicago. It manages $6.87 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of California, Illinois, Nebraska, and New York.
Christian Brothers Investment Services provides portfolio management for pooled investment vehicles 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.
The assets under management (AUM) of Christian Brothers Investment Services, Inc. is $6.87 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2525% since the beginning of its operation, and $676.1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Christian Brothers Investment Services, Inc. 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.
The firm provides services to charitable organizations and pooled investment vehicles. The largest group of clients of Joseph Michael Saurbier is pooled investment vehicles with 2 clients and $6.31 billion of assets under management. Among the 8 most similar advisory firms, Christian Brothers Investment Services has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $6.87 billion for 15 clients. 7% of the firm’s clients are foreign persons or businesses.
Christian Brothers Investment Services also advises several private funds. Namely, five other private funds. The minimum investment commitment required of non-related persons is $65,000 for each fund.
The company employs 40 people that are either part- or full-time employees. 38 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 Michael Saurbier has been acting as President since 1 Jun 1990. John Wesley Geissinger has served as the Chief Investment Officer since 1 Apr 2014. Diane Karas Miller joined the executive team most recently as the Assistant Secretary.
The principal office where Christian Brothers Investment Services, Inc. performs its advisory services is located at 20 North Wacker Drive, Chicago, IL 60606 3002, which is also the mailing address of the firm. 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 312-803-6440 or by fax 312-803-6441. The normal business hours are 8:30-5 on Monday - Friday. You can find more information about the New York firm at cbisonline.com.