Pearson Creek Capital Management LLC (Chicago)

Name: Pearson Creek Capital Management LLC
Address: 333 South Wabash Suite 2700, Chicago, IL, 60604
Telephone: (312) 878-5520

Pearson Creek Capital Management LLC is a large advisory firm based in Chicago. It manages $205 million of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Illinois.

Pearson Creek Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pearson Creek Capital Management: assets under management

The assets under management (AUM) of Pearson Creek Capital Management LLC is $205 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $205 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.13 million each.

Investments

The firm invests in state and local bonds the most. They account for 37% of the total AUM. The second-largest asset type is government bonds, which make up 35% of the firm’s portfolio. Investments in exchange traded securities form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pearson Creek Capital Management LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Pearson Creek Capital Management serves?

The only and largest group of clients of Pearson Creek Capital Management is individuals with 10 clients and $30 million of assets under management. Among the 7 most similar advisory firms, Pearson Creek Capital Management has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $30 million for 10 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Pearson Creek Capital Management doesn't advise any private funds.

Careers at Pearson Creek Capital Management LLC

The company employs 1 person that is either a part- or full-time employee. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Karl Benjamin Ruff	President and cco	1 Dec 2010	75% - 100%	3045003

Based in Chicago

The principal office where Pearson Creek Capital Management LLC performs its advisory services is located at 333 South Wabash Suite 2700, Chicago, IL 60604, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (312) 878-5520 or by fax (312) 674-7640. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at pearsoncreekcapital.com.