Oak Ridge Investments, LLC (Chicago)


Oak Ridge Investments, LLC is a large advisory firm based in Chicago. It manages $1.25 billion of regulatory assets for 2,084 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Oak Ridge Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Oak Ridge Investments: assets under management

The assets under management (AUM) of Oak Ridge Investments, LLC is $1.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 108% since the beginning of its operation, and $3.75 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.25 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $600.14 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Oak Ridge Investments, LLC for their services and products based on a percentage of assets under management. 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 John Edward Peters serves?

The firm provides services to individuals, insurance companies, investment companies, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of John Edward Peters is individuals with 1,467 clients and $431.4 million of assets under management. Among the 9 most similar advisory firms, Oak Ridge Investments has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.16 billion for 2,018 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Oak Ridge Investments doesn't advise any private funds.

Careers at Oak Ridge Investments, LLC

The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

John Edward Peters has been acting as President since 1 Jul 1998. Mark David Goodwin joined the executive team most recently as the Manager, President, Chief Operating Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Samuel Wegbreit Managing member 1 Sep 1989 25% - 50% 1222491
David Michael Klaskin Manager, chief executive officer and chief investment officer 1 Jan 1990 50% - 75% 1061575
John Edward Peters President 1 Jul 1998 Other 361033
Alan Eugene Molotsky Manager, chief financial officer, executive v.p. 1 Jan 2005 Other 4913787
David John Gaspar Chief operations officer, executive v.p. 1 Jan 2005 Other 1324340
Osbert Martin Hood Manager 1 Jan 2005 Other 2880310
Inc. Pioneer Investment Management Usa Owner 1 Jan 2005 25% - 50% 13-5657669
John Edward Peters Vice chairman 1 Mar 2005 Other 361033
Michael Edward Harrington President 1 Mar 2005 Other 1314665
Inc. Pioneer Institutional Asset Management Owner 1 Apr 2006 25% - 50% 138756
Mark David Goodwin Manager 1 Mar 2007 Other 2947625
Michael Edward Harrington Vice chairman 1 Jul 2013 Other 1314665
Christopher Lee Williams President 1 Jul 2013 Other 1157162
Neil Anthony Cummins Manager, chairman 1 Oct 2014 Other 1156813
Susan Schwarz Rudzinski Chief compliance officer 1 Dec 2014 Other 2244512
Mark David Goodwin Manager, president, chief operating officer 1 Sep 2015 Other 2947625

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Pioneer Global Asset Management S.P.A. Owner 1 Oct 2001 75% - 100% 271084
Unicredito Italiano S.P.A. Owner 1 Oct 2001 75% - 100% foreign entity
Pioneer Investment Management Usa Inc. Owner 1 Apr 2006 75% - 100% 13-5657669

Based in Chicago

The principal office where Oak Ridge Investments, LLC performs its advisory services is located at 10 South Lasalle Street, Chicago, IL 60603 1020, 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 312-857-1040 or by fax 312-857-1055. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at oakridgeinvest.com.