Duff & Phelps Investment Management Co

CRD#107296
Investment Advisor Firm

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Learn more about Duff & Phelps Investment Management Co

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

    • Overview

    Duff & Phelps Investment Management Co is located at 10 S. Wacker Drive, Chicago, IL. The firm employs 28 financial advisors to manage client portfolios and provide financial guidance. Duff & Phelps Investment Management Co is not a registered broker-dealer.

    Duff & Phelps Investment Management Co oversees $12.3 billion in assets under management across 61 accounts, all of which are discretionary. The services offered include portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for institutional clients. The firm caters to various types of investors, including investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, and corporations, with corporations being the largest client type by accounts. The fee structure at Duff & Phelps Investment Management Co includes asset-based and performance-based fees. The firm maintains affiliations with a broker-dealer or securities dealer and a commodity pool advisor.

    Duff & Phelps Investment Management Co is registered in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

    Assets Under Management

    $12.3 billion

    Number of Advisors

    28

    Disclosures

    No

    Office Location

    10 S. Wacker Drive
    Chicago, IL 60606

    Duff & Phelps Investment Management Co by the Numbers

    Total Assets Under Management

    $12.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    54

    National Average: 64
    Total Number of Accounts

    61

    National Average: 375,227
    Average Account Size

    $201.3 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management typically depend on the services offered. Fees charged by Duff & Phelps Investment Management Co likely consist of any blend of the following fee types: asset-based or performance-based.

    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 26% of firms

      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.

    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 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.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

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

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    Types of Clients

    The company does business with a broad range of customers. It works with investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, corporations, and other. Out of its 7 clients, Duff & Phelps Investment Management Co's largest client group by number of accounts is investment companies.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 96.72%
    • Charitable Organizations - 3.28%

    * 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

    Duff & Phelps Investment Management Co does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Duff & Phelps Investment Management Co

    David Grumhaus
    Chicago, IL
    Kathleen Hegyi
    Chicago, IL
    Lauren Matz
    Chicago, IL
    Kyle West
    Chicago, IL
    Frank Haggerty
    Chicago, IL
    Shalini Sharma
    Chicago, IL
    Eric Elvekrog
    Chicago, IL
    Geoffrey Dybas
    Chicago, IL
    Connie Luecke
    Chicago, IL

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