Botty Investors LLC (Chicago)

Botty Investors LLC is a large advisory firm based in Chicago. It manages $1.03 billion of regulatory assets for 281 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida and Michigan.

Botty Investors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Botty Investors: assets under management

The assets under management (AUM) of Botty Investors LLC is $1.03 billion. The firm's AUM has grown by 136% since the beginning of its operation, and $155 million of the total AUM is attributable to clients outside of the United States.

The firm manages $203.79 million in discretionary accounts and $821.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.34 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.23 million.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Botty Investors LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.

What kind of clients Botty Investors serves?

The only and largest group of clients of Botty Investors is high net worth individuals with 30 clients and $1.01 billion of assets under management. Among the 8 most similar advisory firms, Botty Investors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.01 billion for 30 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 20% of the firm’s clients are foreign persons or businesses.

Botty Investors doesn't advise any private funds.

Careers at Botty Investors LLC

The company employs 6 people that are either part- or full-time employees. 83 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alfredo Jose Botty	Chief executive officer and member	1 Oct 2009	75% - 100%	5719716
Ralph John Lipford	Chief compliance officer	1 Oct 2009	Other	3190294

Based in Chicago

The principal office where Botty Investors LLC performs its advisory services is located at 444 West Lake Street, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Coral Gables, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-506-6015 or by fax 312-268-5220. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.