Shorehill Capital LLC (Chicago)

Name: Shorehill Capital LLC
Address: 10 S. Wacker Dr., Chicago, IL, 60606
Telephone: 312-876-7627

Shorehill Capital LLC is a large advisory firm based in Chicago. It manages $215.99 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Illinois.

Shorehill Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Shorehill Capital: assets under management

The assets under management (AUM) of Shorehill Capital LLC is $215.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $215.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $215.99 million each.

Shorehill Capital has custody of $215.99 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Shorehill Capital LLC for their services and products based on a percentage of assets under management and performance-based 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 Shorehill Capital serves?

The only and largest group of clients of Shorehill Capital is pooled investment vehicles with 1 clients and $215.99 million of assets under management. Among the 4 most similar advisory firms, Shorehill Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $215.99 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Shorehill Capital also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Shorehill Capital LLC

The company employs 10 people that are either part- or full-time employees. 80 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Paul Simmons	Partner and elected manager, shorehill capital	1 Mar 2013	50% - 75%	5887317
David Ott Hawkins	Partner and elected manager, shorehill capital	1 Mar 2013	50% - 75%	5887586
Todd Christopher Schneider	Chief financial officer and chief compliance officer	1 Jun 2013	Other	5904177

Based in Chicago

The principal office where Shorehill Capital LLC performs its advisory services is located at 10 S. Wacker Dr., Chicago, IL 60606, 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 312-876-7627 or by fax 312-898-5070. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at shorehillcapital.com/.