Martin Investment Management, LLC (Evanston)


Martin Investment Management, LLC is a large advisory firm based in Evanston. It manages $527.79 million of regulatory assets for 209 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, California, Florida, and 4 other states.

Martin Investment Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Martin Investment Management: assets under management

The assets under management (AUM) of Martin Investment Management, LLC is $527.79 million. The firm's AUM has grown by 990% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $514.72 million in discretionary accounts and $13.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.36 million.
Martin Investment Management has custody of $39.18 million in cash and securities for 54 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

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

What kind of clients Martin Investment Management serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Martin Investment Management is other investment advisers with 8 clients and $394.36 million of assets under management. Among the 10 most similar advisory firms, Martin Investment Management has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $527.79 million for 209 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.

Martin Investment Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Martin Investment Management, LLC

The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Patrick Albert Martin Managing director & chief compliance officer 1 Jan 2002 Other 4345246
Mary Ellen Martin Zellerbach Managing director 1 May 2003 Other 4672994
Sandra Marie Martin Managing director 1 Aug 2003 Other 4720113
1982 Patrick A. Martin & John C. Brogan Ttees Pcl Trust C/U Mary Ellen Neufeld Martin Charitable Lead Trust Dated December 9 Member 1 Dec 2011 Other 39-6586470
Sarah E.M. Winter & Patrick A. Martin Ttees Mary Ellen Neufeld Martin Trust Of 1976 F/B/O Patrick A. Martin Trust Dtd 12/24/76 Member 1 Dec 2011 Other 36-6645242
1982 Pcl Trust C/U Mary Ellen Neufeld Charitable Lead Trust Dated December 9 Member 1 Dec 2011 Other 39-6586470
1976 Mary Ellen Neufeld 1976 F/B/O Patrick A. Martin Trust Dated December 24 Member 1 Dec 2011 Other 36-6645242
1982 Pcl Trust C/U Mary Ellen Neufeld Martin Charitable Lead Trust Dated December 9 Member 1 Dec 2011 Other 39-6586470
Sandra M. Martin Trustee Sandra M. Staskon Martin Trust Dtd 12/14/12 Member 1 Dec 2012 25% - 50% 46-6436089
Jason Michael Ewasko Chief compliance officer 1 Mar 2016 Other 4622799
Luanne Morris Garvey Chief compliance officer 1 Jan 2017 Other 1640295
Emily K Silva Chief compliance officer 1 Jan 2018 Other 3224656
Joseph Julian Scavetti Chief compliance officer 1 Jul 2018 Other 2275422

Based in Evanston

The principal office where Martin Investment Management, LLC performs its advisory services is located at 1560 Sherman Ave., Evanston, IL 60201 5981 The mailing address of the firm is P. O. Box 618, Winnetka, IL 60093 0618. An additional office of the firm is in North Palm Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-424-9124 or by fax 847-424-9182. The normal business hours are 9:00am-4:00pm on Monday - Friday. You can find more information about the New York firm at martin-investments.com.