Calamos Advisors LLC (Naperville)


Calamos Advisors LLC is a large advisory firm based in Naperville. It manages $20.74 billion of regulatory assets for 866 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Calamos Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Calamos Advisors: assets under management

The assets under management (AUM) of Calamos Advisors LLC is $20.74 billion. The firm's AUM has gone down by -38% since the beginning of its operation, and $500.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $20.74 billion in discretionary accounts and $4.59 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.98 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.59 million.
Calamos Advisors has custody of $53.13 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 22% of the firm’s portfolio. Investments in investment grade corporate bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Calamos Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Calamos Advisors serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Calamos Advisors is investment companies with 31 clients and $19.04 billion of assets under management. Among the 5 most similar advisory firms, Calamos Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $20.74 billion for 866 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Calamos Advisors also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Calamos Advisors LLC

The company employs 224 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 34 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Derek Maurice Olsen joined the executive team most recently as the Svp, Chief Of It & Operations.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Peter Calamos Sr. Chairman, ceo and global co-cio 1 Oct 2004 Other 38210
Calamos Investments Llc Sole member/manager 1 Oct 2004 75% - 100% 20-1768357
John Peter Calamos Jr. Svp 1 Oct 2004 Other 1808633
James Stephen Hamman Evp, general counsel, cco and clo 1 Oct 2004 Other 2767492
John Peter Calamos Ceo/cio 1 Oct 2004 Other 38210
Nick Peter Calamos Sr. exec. v.p., cio 1 Oct 2004 Other 1257230
Patrick Henry Dudasik Evp,cfo,cao 1 Oct 2004 Other 1185481
Calamos Holdings Llc Sole member/manager 1 Oct 2004 75% - 100% 33-0994075
David Michael Swanson Evp, director of distribution 1 Oct 2004 Other 1645507
Scott Craven Jones Evp/cao 1 Jun 2005 Other 2293400
Mark John Mickey Cco 1 Jun 2005 Other 2902992
Walter Ramsay Randall Chief compliance officer 1 Jun 2006 Other 2379435
Patrick Henry Dudasik Evp,cfo and coo 1 Feb 2007 Other 1185481
Philip Edward Moriarty Evp,president, calamos financial services 1 Feb 2007 Other 1989641
James Francis Baka Evp,president, calamos wealth management 1 Feb 2007 Other 2068491
James Joseph Boyne Svp-general counsel 1 Apr 2008 Other 2370445
Joseph B Oboyle Vp,chief compliance officer 1 Aug 2008 Other 2531817
Joseph B O'boyle Vp, chief compliance officer 1 Aug 2008 Other 2531817
Cristina Wasiak Svp, chief financial officer and treasurer 1 Sep 2008 Other 1088375
Nick Peter Calamos President of investments and co-cio 1 Dec 2009 Other 1257230
James Joseph Boyne President of distribution and operations, secretary 1 Dec 2009 Other 2370445
Jerald Christopher Jackson Svp, general counsel and secretary 1 Apr 2010 Other 1498328
Nimish Sanjay Bhatt Svp, chief financial officer 1 May 2011 Other 2789977
Elizabeth Anne Watkins Vp, chief compliance officer 1 Sep 2011 Other 2272542
Gary Douglas Black Evp, global co-cio, cio alternative strategies 1 Aug 2012 Other 1709937
James Joseph Boyne President & coo 1 Feb 2013 Other 2370445
Jessica Marie Mazza Vp, chief compliance officer 1 Apr 2014 Other 4302198
David Henry Butler Evp, head of global trading and risk management 1 Sep 2015 Other 1326128
John David Hillenbrand Co-cio, head of multi asset strategies & co-head of convertible strategies 1 Sep 2015 Other 2832718
David Paul Kalis Co-cio, head of us growth strategies 1 Sep 2015 Other 2149956
Nicholas Niziolek Co-cio, head of international & global strategies 1 Sep 2015 Other 4347475
Elias John Pars Co-cio, head of alternative strategies & co-head of convertible strategies 1 Sep 2015 Other 2543381
Robert Francis Behan President, head of global distribution 1 Sep 2015 Other 2319359
Mark John Mickey Vp, chief compliance officer 1 Oct 2015 Other 2902992
Jacqueline Elizabeth Sinker Vp, chief compliance officer 1 Nov 2015 Other 1471593
Laura Calamos Nasir Svp, chief administrative officer 1 Mar 2016 Other 6427394
John Spiro Koudounis Chief executive officer 1 Mar 2016 Other 1878118
Laura Calamos Svp, chief administrative officer 1 Mar 2016 Other 6427394
Thomas Edward Herman Svp, chief financial officer 1 Jun 2016 Other 4915058
Derek Maurice Olsen Svp, chief of it & operations 1 Feb 2018 Other 4415327

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
John Peter Calamos Sr. Trustee 1 Aug 1985 75% - 100% 38210
John Peter Calamos Trustee 1 Aug 1985 75% - 100% 38210
Trustee Under The John P. Calamos 1985 Trust Dated August 21 1985 John P. Calamos Shareholder 1 Oct 2004 50% - 75% 00-0000000
Inc. Calamos Family Partners Member 1 Oct 2004 75% - 100% 33-0994075
Inc. Calamos Asset Management Sole manager/member 1 Oct 2004 Other 32-0122554
Inc. Calamos Family Partners Member 1 Sep 2014 75% - 100% 33-0994075
Calamos Partners Llc Member 1 Jul 2016 75% - 100% 38-4014928
John Peter Calamos Sr. Manager 1 Jul 2016 Other 38210
John Spiro Koudounis Manager 1 Jul 2016 Other 1878118
William J Takahashi Manager 1 Jul 2016 Other 5077768
Calamos Partners Llc Member class b shares 1 Aug 2016 75% - 100% 38-4014928

Based in Naperville

The principal office where Calamos Advisors LLC performs its advisory services is located at 2020 Calamos Court, Naperville, IL 60563 2787, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 630-245-7200 or by fax 630-245-6835. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at calamos.com.