Pavilion Advisory Group Inc. (Chicago)

Name: Pavilion Advisory Group Inc.
Address: 227 W. Monroe Street, Chicago, IL, 60606
Telephone: 312-798-3200 & 312-214-1500

Pavilion Advisory Group Inc. is a large advisory firm based in Chicago. It manages $3.14 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Illinois, Indiana, Minnesota, and Missouri.

Pavilion Advisory Group provides pension consulting services, selection of other advisers, publication of newsletters, educational seminars and workshops, and investment consulting services to institutional investors, involving policy, strategy, evaluation and education. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pavilion Advisory Group: assets under management

The assets under management (AUM) of Pavilion Advisory Group Inc. is $3.14 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 43247% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.14 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $196.51 million each.

Pavilion Advisory Group has custody of $4.86 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 37% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pavilion Advisory Group Inc. 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.

What kind of clients Daniel Sidney Friedman serves?

The only and largest group of clients of Daniel Sidney Friedman is charitable organizations with 9 clients and $500.13 million of assets under management. Among the 8 most similar advisory firms, Pavilion Advisory Group has the 2nd highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $500.13 million for 9 clients. 2% of the firm’s clients are foreign persons or businesses.

Pavilion Advisory Group doesn't advise any private funds.

Careers at Pavilion Advisory Group Inc.

The company employs 93 people that are either part- or full-time employees. 88 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Daniel Sidney Friedman has been acting as President since 1 Jun 2016. Inc. Marsh & Mclennan Companies joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pavilion Financial Corporation Holdings Inc.	Shareholder	1 Dec 2011	75% - 100%	99-0371469
Daniel Sidney Friedman	Director & secretary	1 Dec 2011	Other	4957191
Thomas Hugh Dodd	Director & senior vice president	1 Sep 2012	Other	2600980
Susan Normantas Mcdermott	Director & chief investment officer, institutional advisory	1 Sep 2012	Other	2240147
Jr. John Keith Mote	Director & president	1 Sep 2012	Other	2775422
Christine Lynn Horvath	Chief compliance officer/vice president/treasurer	1 Sep 2012	Other	4859491
Douglas J Simsovic	Chief compliance officer	1 Mar 2014	Other	5637793
Jamie Laurin Abbott	Treasurer	1 Mar 2014	Other	6313958
Jamie Abbott	Treasurer	1 Mar 2014	Other	6313958
Thomas Hugh Dodd	Director & executive director	1 Jun 2016	Other	2600980
Daniel Sidney Friedman	Director	1 Jun 2016	Other	4957191
Douglas J Simsovic	Chief compliance officer & secretary	1 Jun 2016	Other	5637793
Eric Bolduc	Chief operating officer, institutional advisory	1 Jun 2016	Other	4423281
Susan Normantas Mcdermott	Chief investment officer, institutional advisory	1 Oct 2016	Other	2240147
Jonathan Andrew Kliewer	Director	1 Oct 2016	Other	6491227
Thomas Hugh Dodd	Executive director	1 Oct 2016	Other	2600980
Carolyn A Tuohy	Chief compliance officer	1 Mar 2017	Other	2620980
Jeremiah Michael France	Director	1 Nov 2018	Other	2328357
Christine Teresa Mahoney	Director	1 Nov 2018	Other	7003599
Richard Scott Joseph	Director	1 Nov 2018	Other	2115979
Colin James Dean	Secretary	1 Nov 2018	Other	6812586

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Martin Sidney Weinberg	Shareholder	1 Apr 2010	25% - 50%	4378574
Pavilion Financial Corporation	Shareholder	1 Nov 2011	75% - 100%	foreign
Inc. Marsh & Mclennan Companies	Member	1 Nov 2018	75% - 100%	36-2668272
Mmc International Holdings Llc	Shareholder	1 Nov 2018	75% - 100%	46-3994248
Inc. Marsh International Holdings Ii	Member	1 Nov 2018	75% - 100%	13-4046961
Inc. Marsh International Holdings	Shareholder	1 Nov 2018	50% - 75%	13-4046960
Inc. Mercer Holdings	Shareholder	1 Nov 2018	25% - 50%	13-3737702
Mercer Llc	Shareholder	1 Nov 2018	75% - 100%	13-4001405
Inc. Mercer Consulting Group	Member	1 Nov 2018	75% - 100%	13-3637227
Marsh Usa Inc	Shareholder	1 Nov 2018	75% - 100%	36-1436000
Marsh Llc	Shareholder	1 Nov 2018	75% - 100%	13-4046956

Based in Chicago

The principal office where Pavilion Advisory Group Inc. performs its advisory services is located at 227 W. Monroe Street, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-798-3200 & 312-214-1500 or by fax 312-902-1984. The normal business hours are 8:30 am - 5:00 pm central on Monday - Friday. You can find more information about the New York firm at 401kconsultants.com.