Leavitt Financial Consultants Inc (Northbrook)

Leavitt Financial Consultants Inc is a large advisory firm based in Northbrook. It manages $187.6 million of regulatory assets for 206 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Illinois, and Texas.

Leavitt Financial Consultants provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Leavitt Financial Consultants: assets under management

The assets under management (AUM) of Leavitt Financial Consultants Inc is $187.6 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $176.37 million in discretionary accounts and $11.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $953.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $535.11 thousand.

Leavitt Financial Consultants has custody of $99.47 million in cash and securities for 21 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Leavitt Financial Consultants Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Leavitt Financial Consultants Inc

Patrick Edward Lawlor has been acting as President since 1 May 2014. Robert Paul Handler joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Leavitt	President, director & treasurer - owns of 100% of common stock	1 Jul 1985	75% - 100%	2210108
Linda H. Leavitt	Secretary & director	1 Jul 1985	75% - 100%	4342358
Linda Sue Leavitt	Trustee of the william s. leavitt declaration of trust u/a/d april 13, 2013	1 Jul 1985	Other	4342358
Donna Ann Piecuch	Vice president & assistant secretary	1 Mar 1990	Other	4342414
Joyce Renee Leavitt	Trustee & beneficiary under leavitt family trust	1 Dec 1999	75% - 100%	4346461
Leavitt Family Trust	Holds 100% of class a preferred stock	1 Dec 1999	75% - 100%	36-6847430
Pamela Lynn Drella	Vice president-operations	1 Jan 2008	Other	5507829
2013 William S. Leavitt Declaration Of Trust U/A/D April 13	Owns 100% of the common stock	1 Feb 2013	75% - 100%	xxx-xx-xxxx
William S. Leavitt Trust	Owns 100% of the common stock	1 Feb 2013	75% - 100%	xxx-xx-xxxx
Patrick Edward Lawlor	President	1 May 2014	Other	6304302
Robert Paul Handler	Director	1 May 2014	Other	6419193

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Linda Sue Leavitt	Trustee	1 Feb 2014	Other	4342358
Linda H. Leavitt	Trustee	1 Feb 2014	Other	4342358

Based in Northbrook

The principal office where Leavitt Financial Consultants Inc performs its advisory services is located at 3000 Dundee Rd Ste 101, Northbrook, IL 60062, 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 847-205-1300 or by fax 847-205-1350. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday.