Balasa Dinverno Foltz

Balasa Dinverno Foltz

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500 Park Boulevard Suite 1400

Itasca, IL 60143

630-875-4900

bdfllc.com

No. advisers: 39

AUM: $3,464,832,063

Asset Breakdown

Staff
Employees 39
Clients
High-net-worth individuals 51-75%
Financial planning clients N/A
High-net-worth client assets Up to 75%
Compensation
Percentage of assets under management Yes
Hourly charges No
Subscription fees No
Fixed fees Yes
Commissions No
Performance-based fees No
Total AUM Total Accounts Avg. Account AUM
Discretionary $3,464,832,063 4,900 $707,109
Non-discretionary 0 0 $0
Total $3,464,832,063 4,900 $707,109

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Beating robo-advisers at their own game

June 15, 2016 - I'm attending the Morningstar Investment Conference in Chicago, beginning with a panel titled "Adviser technology: incorporating the latest tools into your practice." Moderated by technology expert Joel Bruckenstein, panelists James Dowd of North Capital,...

The rise of Trump, and what it means for markets and advisers

January 20, 2016 - It's hard to believe, but 2016 is upon us and Donald Trump is still in the limelight of the Republican presidential race. A year ago, many predicted Mr. Trump would put his foot too far into his mouth at some point and fall out of the race with a bang....

Donald Trump's investment portfolio a messy hodgepodge: advisers

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Younger advisers get chance to play on the 'A' teams

April 26, 2015 - Armond A. Dinverno doesn't shrink from the responsibilities of leadership — he knows little is of greater importance to the culture of his business. “Management is the keeper of the culture,” said Mr. Dinverno, co-founder and president of Balasa...

Dean Smith and the revocable living trust

March 29, 2015 - The fact that late North Carolina basketball coach Dean Smith left $200 each to about 180 players he'd coached over the years is all over the press. The small payouts come not from Mr. Smith's will but from his revocable living trust — an estate planning...

How to successfully engage executive female clients

October 21, 2014 - A recent research report from Bank of America U.S. Trust highlighted the growing prowess of executive women, who might just be the most exciting emerging wealth segment. There is a compelling narrative for financial advisers to consider as women are becoming...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

Purchase the data and information contained in the RIA Data Center in an Excel spreadsheet.

For comments or suggestions about the Adviser Center, please contact us.

Reprints: For reprints of these rankings, please contact Laura Picariello.

*Methodology: InvestmentNews qualified 1,937 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of November 1, 2017. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2016, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) nor one who is an insurance company or agency.

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