Guggenheim Funds Distributors, LLC (Chicago)


Guggenheim Funds Distributors, LLC is a large advisory firm based in Chicago. It manages $4.72 billion of regulatory assets for 426 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Illinois, and New York.

Logo

Guggenheim Funds Distributors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Guggenheim Funds Distributors: assets under management

The assets under management (AUM) of Guggenheim Funds Distributors, LLC is $4.72 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $4.72 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.07 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Guggenheim Funds Distributors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Guggenheim Funds Distributors serves?

The only and largest group of clients of Guggenheim Funds Distributors is investment companies with 1 clients and $4.72 billion of assets under management. Among the 11 most similar advisory firms, Guggenheim Funds Distributors has the highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $4.72 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Guggenheim Funds Distributors doesn't advise any private funds.

Careers at Guggenheim Funds Distributors, LLC

The company employs 300 people that are either part- or full-time employees. 3 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jerry William Miller joined the executive team most recently as the Chief Executive Officer And President.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Bruce Rudolph Albelda Chief financial officer 1 Jan 2006 Other 5275087
Dominick Cogliandro Chief operating officer 1 Jul 2006 Other 1490945
Dominick Nmn Cogliandro Chief operating officer 1 Jul 2006 Other 1490945
Donald Christopher Cacciapaglia Chief executive officer and president 1 May 2010 Other 1396644
Christopher Vito Parisi Head of distribution and servicing 1 Aug 2011 Other 2410528
Joseph B O'boyle Chief compliance officer 1 Feb 2012 Other 2531817
Llc Guggenheim Funds Services Holding company 1 Mar 2012 75% - 100% 80-0782975
Donald Christopher Cacciapaglia Chief executive officer 1 Apr 2012 Other 1396644
Meredith Farwell Henning Chief compliance officer 1 May 2012 Other 4315489
Susan Merle Chamberlain Chief compliance officer (of ia only) 1 May 2012 Other 4583675
Julie Ann Jacques Treasurer 1 Sep 2012 Other 5212910
Jeffrey Allen Worf Chief compliance officer 1 Sep 2012 Other 1416591
Dominick Cogliandro Chief financial officer 1 Sep 2012 Other 1490945
Julie Ann Jacques Chief financial officer 1 Apr 2013 Other 5212910
Douglas C Mangini Senior vice president 1 Apr 2013 Other 1414476
William Hinchliffe Iii Belden Vice president 1 Apr 2013 Other 1693322
Kevin Michael Mcgovern Vice president 1 Apr 2013 Other 1745533
Llc Guggenheim Funds Services Member 1 Apr 2013 75% - 100% 80-0782975
Amy Jo Lee Vice president and secretary 1 Apr 2013 Other 1161869
Douglas Clark Mangini Senior vice president 1 Apr 2013 Other 1414476
Llc Guggenheim Funds Services Holdings Ii Holding company 1 Apr 2013 75% - 100% 80-0782975
Dennis Ryan Metzger Assistant chief compliance officer 1 Jul 2013 Other 4888899
Dennis Ryan Metzger Chief compliance officer 1 Apr 2014 Other 4888899
Elisabeth Ann Miller Vice president 1 Apr 2014 Other 4381813
Jerry William Miller Chief executive officer and president 1 Dec 2017 Other 1272631

Indirect Owners

The SEC currently registers 25 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Sammons Enterprises Shareholder 1 Oct 1986 75% - 100% 75-6027423
Llc Guggenheim Capital Shareholder 1 Nov 2000 75% - 100% 36-4358656
Trustee Greatbanc Trust Company Trustee 1 Dec 2004 Other 36-3681493
Llc Guggenheim Capital Member 1 Oct 2005 75% - 100% 36-4358656
Llc Gp Holdco Parent company 1 Oct 2007 75% - 100% 20-8734966
Llc Guggenheim Partners Members 1 Oct 2007 75% - 100% 20-3571204
Inc. Guggenheim Manager Managing member 1 Oct 2007 25% - 50% 36-4406374
Inc. Sage Assets Shareholder 1 Dec 2008 25% - 50% 26-3960584
Inc. Sammons Enterprises Shareholder 1 Dec 2008 75% - 100% 75-6027423
Inc. Consolidated Investment Services Shareholder 1 Dec 2008 75% - 100% 88-0214301
Llc Gpft Holdco Parent company 1 Sep 2009 75% - 100% 20-8735034
Llc Guggenheim Funds Services Holdings Member 1 Oct 2009 75% - 100% 27-0765512
Trustee Greatbanc Trust Company Trustee 1 Jan 2010 Other 75-0864422
Inc. Esot Sammons Enterprises Shareholder 1 Jan 2010 75% - 100% 30-6332515
Inc. Esot Sammons Enterprises Shareholder 1 Mar 2010 75% - 100% 75-0864422
Inc. Consolidated Investment Services Shareholder 1 Jul 2011 75% - 100% 88-0214301
Inc. Sammons Equity Alliance Shareholder 1 Jul 2011 75% - 100% 45-2838232
Llc Claymore Holdings Parent company 1 Mar 2012 75% - 100% 27-0765512
Llc Guggenheim Partners Member 1 Jul 2013 75% - 100% 94-3489008
Inc. Guggenheim Manager Member 1 Jul 2013 75% - 100% 36-4406374
Llc Gi Holdco Ii Member 1 Jul 2013 75% - 100% 94-3489008
Llc Gi Holdco Member 1 Jul 2013 75% - 100% 94-3489008
Llc Guggenheim Partners Investment Management Holdings Member 1 Jul 2013 75% - 100% 27-1566073
Llc Gmi Gpimh Managing member 1 Jul 2013 Other 36-4406374
Llc Guggenheim Partners Investment Management Holdings Member 1 Oct 2016 75% - 100% 27-1566073

Based in Chicago

The principal office where Guggenheim Funds Distributors, LLC performs its advisory services is located at 227 West Monroe Street, Chicago, IL 60606 The mailing address of the firm is 702 King Farm Blvd, Rockville, MD 20850. An additional office of the firm is in Santa Monica, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-357-0287. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at guggenheimpartners.com.