Rock Island Capital
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Learn more about Rock Island Capital
Rock Island Capital operates as a financial advisor company headquartered in Oak Brook, Illinois. The firm administers $505.9 million in assets across 12 accounts, placing it among the bigger firms in the United States by assets under management (AUM). It has a small team, including 8 financial advisors. Rock Island Capital is not a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its accounts and those of its customers and instead must go through a broker-dealer company to do so. Securities are exchangable fiscal investments such as options, stocks and bonds.
Rock Island Capital oversees all of its accounts in a discretionary manner. Discretionary management means that transaction decisions are made by an investment advisor without requiring client approval. The company oversees roughly $42.2 million in assets for every customer account. An average financial advisor at Rock Island Capital oversees around two client accounts, placing it among the most personalized financial advisor firms in the country.
The company's headquarters is at 1415 W 22Nd Street, Oak Brook, Illinois 60523. It is legally allowed to provide services to investors in the state of Illinois.
Assets Under Management
Number of Advisors
Rock Island Capital by the Numbers
Financial advisory fees usually are based on which services the firm provides the client. Fees charged by Rock Island Capital can include any combination of the following fee structures: asset-based, performance-based or other. The company does not provide a wrap fee program, in which the firm offers a service bundle for a single fee.
Offered by 69% of firms
Percentage of AssetsShow 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
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.
Offered by 10% of firms
Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.
Find one of the 21% of firms that offer this fee type
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
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
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 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.
Types of Clients
It provides services to pooled investment vehicles. Out of its 12 clients, Rock Island Capital's largest client group is pooled investment vehicles. None of its accounts are represented by non-U.S. persons.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* 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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Rock Island Capital does not have any disclosures.
Please visit its Form ADV for more details.
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