Tilden Loucks & Woodnorth LLC is a large advisory firm based in Chicago. It manages $108.25 million of regulatory assets for 70 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and Wisconsin.
Tilden Loucks & Woodnorth provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Tilden Loucks & Woodnorth LLC is $108.25 million. The firm's AUM has gone down by -29% 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 Tilden Loucks & Woodnorth LLC 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.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of John William Mcdermott is high net worth individuals with 17 clients and $67.8 million of assets under management. Among the 9 most similar advisory firms, Tilden Loucks & Woodnorth has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $108.25 million for 70 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.
Tilden Loucks & Woodnorth doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. No employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
John William Mcdermott has been acting as President since 1 Feb 1994. Vincent Edward Incerto joined the executive team most recently as the Chief Compliance Officer.
The principal office where Tilden Loucks & Woodnorth LLC performs its advisory services is located at 150 North Michigan Ave., Chicago, IL 60601, which is also the mailing address of the firm. An additional office of the firm is in Elmhurst, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-475-1400 or by fax 630-225-5170. The normal business hours are 8:00 am to 3:00 pm on Monday - Friday.