Hinsdale Associates, Inc. (Hinsdale)

Name: Hinsdale Associates, Inc.
Address: 15 Spinningwheel Road, Hinsdale, IL, 60521
Telephone: 630-325-7100

Hinsdale Associates, Inc. is a large advisory firm based in Hinsdale. It manages $106.67 million of regulatory assets for 214 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Illinois.

Hinsdale Associates provides financial planning services, portfolio management for individuals and small businesses, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hinsdale Associates: assets under management

The assets under management (AUM) of Hinsdale Associates, Inc. is $106.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 87% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $106.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $498.45 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 25% of the firm’s portfolio. Investments in state and local bonds form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hinsdale Associates, 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.

What kind of clients Michael Anthony Urbik serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Michael Anthony Urbik is individuals with 184 clients and $69.5 million of assets under management. Among the 9 most similar advisory firms, Hinsdale Associates has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $106.67 million for 218 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Hinsdale Associates doesn't advise any private funds.

Careers at Hinsdale Associates, Inc.

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.

Michael Anthony Urbik has been acting as President since 1 Aug 1990. William Kenneth Lynch joined the executive team most recently as the Vice President/Director Of Investments.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Anthony Urbik	President/chief compliance officer	1 Aug 1990	75% - 100%	1155930
Paul Joseph Nolte	Vice president, director of investments	1 Apr 2002	Other	2122334
Andrew N Fitzpatrick	Vice president director of investment	1 Dec 2009	Other	4587085
William Kenneth Lynch	Vice president/director of investments	1 May 2013	Other	2279090

Based in Hinsdale

The principal office where Hinsdale Associates, Inc. performs its advisory services is located at 15 Spinningwheel Road, Hinsdale, IL 60521, 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 630-325-7100 or by fax 630-325-2977. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at hinsdaleassociates.com.