Fiduciary Financial Partners, LLC (Naperville)

Name: Fiduciary Financial Partners, LLC
Address: 1250 E. Diehl Road, Naperville, IL, 60563
Telephone: 630-780-1534

Fiduciary Financial Partners, LLC is a large advisory firm based in Naperville. It manages $97.42 million of regulatory assets for 521 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Florida, Illinois, Indiana, Nebraska, and Texas.

Fiduciary Financial Partners provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fiduciary Financial Partners: assets under management

The assets under management (AUM) of Fiduciary Financial Partners, LLC is $97.42 million. The firm's AUM has grown by 487085520% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $93.41 million in discretionary accounts and $4.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $188.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $160.37 thousand.

Fiduciary Financial Partners has custody of $17.28 million in cash and securities for 55 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fiduciary Financial Partners, 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.

What kind of clients Fiduciary Financial Partners serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Fiduciary Financial Partners is individuals with 120 clients and $45.31 million of assets under management. Among the 6 most similar advisory firms, Fiduciary Financial Partners has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $97.42 million for 162 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.

Fiduciary Financial Partners doesn't advise any private funds.

Careers at Fiduciary Financial Partners, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
Anthony Norbert Carlini	Managing member	1 Jan 2010	Other	2069648
Anthony Norbert Carlini	Managing member	1 Feb 2010	Other	2069648
John David Eberle	Managing member & chief compliance officer	1 Jan 2011	75% - 100%	2311185
John David Eberle	Managing member & chief compliance officer	1 Feb 2011	75% - 100%	2311185
Nicholas Michael Economos	Managing member	1 Aug 2012	25% - 50%	2796776
John Bishop Hillman	Managing member	1 Aug 2012	25% - 50%	1402846
Corp. Eberle S	Managing member	1 Jun 2014	50% - 75%	46-2187224
Inc. Ne Financial Services	Managing member	1 Jun 2014	50% - 75%	46-2248541
Dawn Marie Slawson	Chief compliance officer	1 Jan 2015	Other	3210538

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John David Eberle	Owner	1 Jun 2014	75% - 100%	2311185
Nicholas Michael Economos	Owner	1 Jun 2014	75% - 100%	2796776

Based in Naperville

The principal office where Fiduciary Financial Partners, LLC performs its advisory services is located at 1250 E. Diehl Road, Naperville, IL 60563, 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 630-780-1534 or by fax 630-599-7087. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at fiduciaryfinancialpartners.com and its LinkedIn profile.