Harvest Investment Services, LLC is a large advisory firm based in Oakbrook Terrace. It manages $240.9 million of regulatory assets for 2,583 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Florida, and 10 other states.
Harvest Investment Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Harvest Investment Services, LLC is $240.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 136% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Harvest Investment Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Timothy John Newell is individuals with 868 clients and $174.41 million of assets under management. Among the 10 most similar advisory firms, Harvest Investment Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $240.9 million for 911 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.
Harvest Investment Services doesn't advise any private funds.
The company employs 28 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 28 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.
Timothy John Newell has been acting as President since 1 Oct 2011. John K Alyo joined the executive team most recently as the Cio.
The principal office where Harvest Investment Services, LLC performs its advisory services is located at 1 Transam Plaza Drive, Oakbrook Terrace, IL 60181 4285, which is also the mailing address of the firm. An additional office of the firm is in Sugar Land, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (630) 613-9230 or by fax (630) 613-9126. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at harvestinvestmentservices.com.