Calamos Advisors LLC

CRD#105758
Investment Advisor Firm

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Learn more about Calamos Advisors LLC

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

    • Overview

    Calamos Advisors LLC is located at 2020 Calamos Court, Naperville, IL. The firm employs 105 financial advisors to manage client portfolios and provide financial guidance. Calamos Advisors LLC is not a registered broker-dealer.

    Calamos Advisors LLC oversees $33.7 billion in assets under management across 1,450 accounts, all of which are discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for institutional clients. The firm caters to a diverse range of investors, including retail investors, high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, insurance companies, and corporations. The fee structure at Calamos Advisors LLC includes asset-based and performance-based fees. The largest client type by accounts is high net worth investors, with 999 high net worth clients. The firm maintains affiliations with a broker-dealer or securities dealer and a commodity pool advisor.

    Calamos Advisors LLC 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

    $33.7 billion

    Number of Advisors

    105

    Disclosures

    No

    Office Location

    2020 Calamos Court
    Naperville, IL 60563-2787

    Calamos Advisors LLC by the Numbers

    Total Assets Under Management

    $33.7 billion

    National Average: $8.6 billion
    Total Number of Employees

    243

    National Average: 64
    Total Number of Accounts

    1,450

    National Average: 375,227
    Average Account Size

    $23.3 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees usually vary depending on the services offered. Fees charged by Calamos Advisors LLC most likely consist of any blend of the following fee types: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are provided by Calamos Advisors LLC.

    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 firm does business with a number of different investors. It works with retail investors, high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, insurance companies, and corporations. Out of its 9 clients, Calamos Advisors LLC's biggest client type by number of accounts is investment companies, though it also serves 999 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 in AUM or a net worth of more than $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 68.9%
    • Other Individuals - 19.1%
    • Corporations - 10.34%
    • Charitable Organizations - 1.66%

    * 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

    Calamos Advisors LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Calamos Advisors LLC

    Joseph Cusick
    Naperville, IL
    Paul Giovanniello
    Ridgefield, CT
    Christian Brobst
    Naperville, IL
    Douglas Berman
    Naperville, IL
    Matthew Eastman
    Chicago, IL
    Jeffrey Shelton
    Naperville, IL
    Todd Abramson
    Naperville, IL
    Kevin Crouch
    Naperville, IL
    Micah Welton
    Naperville, IL

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    The content in this profile was updated by SmartAsset on 6/19/2024. 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.

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