Christian Brothers Investment Services, Inc

CRD#104604
Investment Advisor Firm

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Learn more about Christian Brothers Investment Services, Inc

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Overview

    Christian Brothers Investment Services, Inc is a financial advisory company that has its headquarters in Chicago, Illinois. Christian Brothers Investment Services, Inc administers $9.2 billion in assets over 13 customer accounts, placing it among the biggest financial advisory firms in the United States by assets under management (AUM). It has a small group, including 8 financial advisors. Christian Brothers Investment Services, Inc does not act as a registered broker-dealer, meaning the company cannot buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer firm to do so. Securities are exchangable fiscal investments such as equities, options and bonds.

    Christian Brothers Investment Services, Inc administers all of the firm's accounts in a discretionary manner. Discretionary management is a structure in which transaction judgments are made by a portfolio manager without requiring client authorization. Christian Brothers Investment Services, Inc's average account size is $704.6 million. The average advisor at Christian Brothers Investment Services, Inc administers about two client accounts, making it one of the most personalized financial advisor firms in the country.

    The firm's central office is located at 125 South Wacker Drive, Chicago, Illinois 60606. The company is registered to serve clients throughout a number of states, including California, Illinois, Nebraska and New York.

    Assets Under Management

    $9.2 billion

    Number of Advisors

    8

    Disclosures

    No

    Office Location

    125 South Wacker Drive
    Chicago, IL 60606

    Christian Brothers Investment Services, Inc by the Numbers

    Total Assets Under Management

    $9.2 billion

    National Average: $8.6 billion
    Total Number of Employees

    32

    National Average: 64
    Total Number of Accounts

    13

    National Average: 375,227
    Average Account Size

    $704.6 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management depend on the services provided. Fee types billed by Christian Brothers Investment Services, Inc likely are comprised of the following fee types: asset-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by Christian Brothers Investment Services, Inc.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

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    Types of Clients

    The company works with investment companies, pooled investment vehicles and charitable organizations. Out of its 13 clients, Christian Brothers Investment Services, Inc's biggest client type is charitable organizations. Just 8% of the firm's customers are from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 15.38%
    • Charitable Organizations - 84.62%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Christian Brothers Investment Services, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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