Blue Prairie Group,LLC is a large advisory firm based in Chicago. It manages $296.35 million of regulatory assets for 148 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Florida, Georgia, Illinois, and Pennsylvania.
Blue Prairie Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Blue Prairie Group,LLC is $296.35 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -26% 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 Blue Prairie Group,LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals and pension and profit sharing plans. The largest group of clients of Blue Prairie Group is high net worth individuals with 145 clients and $158.66 million of assets under management. Among the 12 most similar advisory firms, Blue Prairie Group has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $296.35 million for 154 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.
Blue Prairie Group doesn't advise any private funds.
The company employs 14 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 14 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.
The principal office where Blue Prairie Group,LLC performs its advisory services is located at 65 E. Wacker Place, Chicago, IL 60601, which is also the mailing address of the firm. An additional office of the firm is in Wayne, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-645-1899 or by fax 312-533-4001. The normal business hours are 8:30 am -5:00 am on Monday - Friday. You can find more information about the New York firm at blueprairiegroup.com.