Ers, Inc. (Chicago)


Ers, Inc. is a related adviser based in Chicago. It manages $235.04 million of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Ers provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as research/port mgt software & data aggregation.

Ers: assets under management

The assets under management (AUM) of Ers, Inc. is $235.04 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $97.58 million in discretionary accounts and $137.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.87 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.45 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ers, Inc. for their services and products based on a percentage of assets under management 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.

Based in Chicago

The principal office where Ers, Inc. performs its advisory services is located at 35 East Wacker Drive, Chicago, IL 60601, 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 312-827-7957 or by fax 312-827-2801. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.envestnet.com.