Heitman Capital Management LLC (Chicago)

Heitman Capital Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and acq, disp, financing, development supervisory, origination fees of real estate. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Heitman Capital Management: assets under management

The assets under management (AUM) of Heitman Capital Management LLC is $3.5 billion. The firm's AUM has gone down by -25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.49 billion in discretionary accounts and $1.01 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.24 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $252.51 million.

Heitman Capital Management has custody of $279.48 million in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

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

The firm provides services to insurance companies, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Heitman Capital Management is pooled investment vehicles with 2 clients and $2.39 billion of assets under management. Among the 8 most similar advisory firms, Heitman Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.5 billion for 6 clients. 19% of the firm’s clients are foreign persons or businesses.

Heitman Capital Management also advises several private funds. Namely, one hedge fund and one real estate fund. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Heitman Capital Management LLC

The company employs 150 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 4 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.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 21 indirect owners.

Based in Chicago

The principal office where Heitman Capital Management LLC performs its advisory services is located at 191 N. Wacker Drive, Chicago, IL 60606 1615, which is also the mailing address of the firm. 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) 855-5700. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at heitman.com and its LinkedIn profile.

Registered investment advisers similar to Heitman Capital Management LLC

• Etf Managers Group
• Radcliffe Capital Management
• Edge Advisors
• Signaturefd
• Hsbc Global Asset Management (Taiwan) Limited
• Itau Usa Asset Management
• International Investment Trust
• Morgan Stanley Investment Management (Japan) Co.
• Faxtor Securities B.V
• Dsi International Management
• Greenspring Advisors
• Overland Advisors
• Oasis Investment Strategies
• Chatham Investment Advisors
• Cushing MLP Asset Management