Horwitz & Associates, Inc. (Riverwoods)

Name: Horwitz & Associates, Inc.
Address: 2610 Lake Cook Rd., Riverwoods, IL, 60015
Telephone: 224-632-4700

Horwitz & Associates, Inc. is a large advisory firm based in Riverwoods. It manages $104 million of regulatory assets for 415 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 23 other states.

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

Horwitz & Associates: assets under management

The assets under management (AUM) of Horwitz & Associates, Inc. is $104 million. The firm's AUM has grown by 233% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $29 million in discretionary accounts and $75 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $175.76 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $300 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Horwitz & Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Horwitz & Associates, Inc.

Edward Alan Horwitz has been acting as President since 1 Oct 2008. Diane Christine Ryan joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gerald Allen Horwitz	Chairman, ceo, president	1 Nov 1970	Other	250612
Eugene Jack Goldman	Holding company stockholder	1 Mar 1971	Other	1479200
Ronald Leon Kelsey	Holding company stockholder	1 Mar 1971	Other	1421594
Inc. Raffaello	Holding company/stockholder	1 Dec 1987	75% - 100%	36-3553517
Jerry Leonard Schwartz	Cfo, vice president	1 Mar 1989	Other	1688470
Roberta Lee Horwitz	Secretary	1 Jul 1989	Other	1204554
Lawrence M. Elman	Assistant secretary	1 Oct 1999	Other	4042382
Edward Alan Horwitz	Vice president	1 Jan 2002	Other	2154232
Bradford Dennis Schoff	Vice president	1 Jan 2002	Other	2120670
Bradford Dennis Schoff	Vice president/chief compliance officer	1 Jan 2004	Other	2120670
Edward Alan Horwitz	Vice president/crop	1 Oct 2006	Other	2154232
Eugene Charles Jr Travis	Chief compliance officer	1 Oct 2006	Other	2105970
Michael Stephen Gregory	Chief compliance officer	1 Jul 2008	Other	1198308
Gerald Allen Horwitz	Chairman / ceo	1 Oct 2008	Other	250612
Edward Alan Horwitz	President	1 Oct 2008	Other	2154232
Edward Alan Horwitz	President/chief compliance officer	1 Jul 2011	Other	2154232
Joseph Douglas Ogrin	Chief compliance officer	1 Sep 2011	Other	5381085
Diane Christine Ryan	Secretary	1 Dec 2012	Other	4393251
William Bruce Amoruso	Head trader	1 Dec 2012	Other	5440550
Carlos Javier Legaspy	President/ceo	1 Dec 2012	Other	2148751
Michael Joseph Mr. Makula	Manager of finance	1 Dec 2012	Other	4643441

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Roberta Lee Horwitz	Secretary	1 Oct 2008	25% - 50%	1204554
Inc. Intelligenics	Shareholder	1 Dec 2012	75% - 100%	46-1777454

Based in Riverwoods

The principal office where Horwitz & Associates, Inc. performs its advisory services is located at 2610 Lake Cook Rd., Riverwoods, IL 60015, which is also the mailing address of the firm. An additional office of the firm is in San Diego, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 224-632-4700 or by fax 224-632-4593. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at www.horwitzco.com.