Mccabe & Associates, Inc (Mokena)

Name: Mccabe & Associates, Inc
Address: 9480 Enterprise Drive, Suite 1, Mokena, IL, 60448 8321
Telephone: 708-479-7755

Mccabe & Associates, Inc is a large advisory firm based in Mokena. It manages $275.36 million of regulatory assets for 617 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois and Indiana.

Mccabe & Associates provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mccabe & Associates: assets under management

The assets under management (AUM) of Mccabe & Associates, Inc is $275.36 million. The firm's AUM has grown by 306% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $251.07 million in discretionary accounts and $24.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $503.14 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $205.85 thousand.

Mccabe & Associates has custody of $109.68 million in cash and securities for 126 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 3% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mccabe & Associates, Inc for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Timothy Carlin Mccabe serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Timothy Carlin Mccabe is high net worth individuals with 65 clients and $204.84 million of assets under management. Among the 7 most similar advisory firms, Mccabe & Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $275.36 million for 247 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.

Mccabe & Associates doesn't advise any private funds.

Careers at Mccabe & Associates, Inc

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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.

Timothy Carlin Mccabe has been acting as President since 1 Jan 1981. Thomas Edmund Wojcik joined the executive team most recently as the Treasurer/Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Edmund Wojcik	Treasurer/secretary	1 Jan 1981	Other	1096565
Timothy Carlin Mccabe	President	1 Jan 1981	75% - 100%	724176
George Carlin Mccabe	Shareholder	1 Jan 1981	25% - 50%	1157782
Timothy Carlin Mccabe	Chief compliance officer	1 Oct 2004	75% - 100%	724176

Based in Mokena

The principal office where Mccabe & Associates, Inc performs its advisory services is located at 9480 Enterprise Drive, Suite 1, Mokena, IL 60448 8321, 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 708-479-7755 or by fax 708-479-7766. The normal business hours are 8:00 a.m.-4:00 p.m. on Monday - Friday. You can find more information about the New York firm at tcmccabe.com.