Frontenac Company LLC (Chicago)


Frontenac Company LLC is a large advisory firm based in Chicago. It manages $555.69 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.

Frontenac Company provides portfolio management for pooled investment vehicles and portfolio company management services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Frontenac Company: assets under management

The assets under management (AUM) of Frontenac Company LLC is $555.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $2.7 million of the total AUM is attributable to clients outside of the United States.

The firm manages $555.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $79.38 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Frontenac Company LLC for their services and products based on a percentage of assets under management 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 Frontenac Company serves?

The only and largest group of clients of Frontenac Company is pooled investment vehicles with 7 clients and $555.69 million of assets under management. Among the 7 most similar advisory firms, Frontenac Company has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $555.69 million for 7 clients. 14% of the firm’s clients are foreign persons or businesses.

Frontenac Company also advises several private funds. Namely, seven private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,445,500.

Careers at Frontenac Company LLC

The company employs 16 people that are either part- or full-time employees. 81 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
Rodney Louis Goldstein Managing director 1 Aug 1983 Other 6011240
James Edgar Cowie Senior advisor 1 Aug 1989 Other 6011235
Paul David Carbery Managing director 1 Jun 1993 Other 6011230
Jeremy Herbert Silverman Chief compliance officer, managing director 1 Jul 1996 Other 6011243
Michael Stevens Langdon Managing director 1 Aug 2001 Other 3276940
Walter Clinton Florence Managing director 1 Jan 2004 Other 6011238
Julia Anne Bender Chief financial officer, vice president 1 Sep 2004 Other 2796385
Ronald William Kuehl Managing director 1 Jul 2006 Other 3262284
Julia Anne Bender Chief financial officer, vice president 1 Jan 2012 Other 2796385
Paul David Carbery Managing partner; member 1 Jan 2014 25% - 50% 6011230
Walter Clinton Florence Managing partner; member 1 Jan 2014 25% - 50% 6011238
James Edgar Cowie Senior advisor 1 Dec 2014 Other 6011235
Julia Anne Bender Chief compliance officer 1 Mar 2015 Other 2796385

Based in Chicago

The principal office where Frontenac Company LLC performs its advisory services is located at One South Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-759-7345 or by fax 312-368-9520. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at frontenac.com and its LinkedIn profile.