Calamos Wealth Management LLC
Answer a few questions and
get matched with an advisor.
Learn more about Calamos Wealth Management LLC
Overview
Calamos Wealth Management LLC operates as an advisory company that has its headquarters in Naperville, Illinois. The firm handles $3.1 billion in total assets throughout 3,128 accounts, placing it among the biggest investment advisory firms in the country by assets under management (AUM). Calamos Wealth Management LLC has a small group, including 26 financial advisors. Calamos Wealth Management LLC does not act as a registered broker-dealer, meaning the company is not able to buy and sell securities for its accounts and those of its clients and instead must go through a broker-dealer firm to do so. Securities are tradable fiscal investments such as bonds, options and equities.
Calamos Wealth Management LLC manages most of the company's accounts on a discretionary basis. Discretionary management means that buy and sell judgments for the client's account are made by an investment advisor without needing client consent. The firm also administers three non-discretionary accounts with a total of $147.5 million in assets. The company supervises an average of $987,243 in assets for each customer account. The typical financial advisor at Calamos Wealth Management LLC administers around 120 client accounts.
The company's main office is located at 2020 Calamos Court, Naperville, Illinois 60563-2787. The firm is allowed to serve customers throughout 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Calamos Wealth Management LLC by the Numbers
$3.1 billion
35
3,128
$987.2 thousand
Products and Services
Calamos Wealth Management LLC offers multiple services, which can consist of financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers and other services. In the prior fiscal year, the firm provided 101-250 of its accounts with financial planning services. The firm is not involved in selling products or offering services other than investment advisory services to its investment advisory customers. Calamos Wealth Management LLC is affiliated with a number of other service providers in the financial services industry, including with a broker-dealer or securities dealer and commodity pool advisor.
Core Advisor Services
-
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial advisory fees vary depending on which services are offered. Fee types billed by Calamos Wealth Management LLC can be comprised of the following fee types: asset-based or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 32% of firms
Fixed
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm manages money for a number of different clients. The firm provides services to retail investors, high net worth investors, pension plans, charitable organizations and corporations. Out of its 3,128 accounts, Calamos Wealth Management LLC's biggest client is high net worth investors, though it also caters to 2,251 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 1% of the firm's clients are non-U.S. persons.
- High-Net-Worth Individuals* - 71.96%
- Other Individuals - 22.54%
- Corporations - 4.16%
- Charitable Organizations - 1.34%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Calamos Wealth Management LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Calamos Wealth Management LLC
Naperville, IL
Naperville, IL
Naperville, IL
Naperville, IL
Naperville, IL
Chicago, IL
Naperville, IL
Naperville, IL
Naperville, IL
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.