Good Harbor Financial, LLC (Barrington)

Name: Good Harbor Financial, LLC
Address: 330 East Main Street, Barrington, IL, 60010
Telephone: 312-224-8150

Good Harbor Financial, LLC is a large advisory firm based in Barrington. It manages $231.53 million of regulatory assets for 280 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Florida, and 13 other states.

Good Harbor Financial provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Good Harbor Financial: assets under management

The assets under management (AUM) of Good Harbor Financial, LLC is $231.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 251% since the beginning of its operation, and $14.15 million of the total AUM is attributable to clients outside of the United States.

The firm manages $231.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $826.9 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is investment and business development companies, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Good Harbor Financial, 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 Good Harbor Financial serves?

The firm provides services to individuals, investment companies, other investment advisers, and pooled investment vehicles. The largest group of clients of Good Harbor Financial is investment companies with 6 clients and $162.89 million of assets under management. Among the 11 most similar advisory firms, Good Harbor Financial has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $230.46 million for 276 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Good Harbor Financial doesn't advise any private funds.

Careers at Good Harbor Financial, LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 3 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.

Neil Ray Peplinski has served as the Chief Investment Officer since 1 Apr 2003 and Paul Russell Ingersoll is the Chief Executive Officer of Good Harbor Financial, LLC family office. Kevin W Swanson joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Neil Ray Peplinski	Chief investment officer	1 Apr 2003	Other	4673461
Paul Russell Ingersoll	Chief executive officer	1 Dec 2007	Other	5655984
Llc Cedar Capital	Managing member	1 Mar 2008	75% - 100%	61-1749795
Marcus Robert Franklin	Partner	1 May 2009	Other	4412710
Neil R. Peplinski	Managing member	1 Dec 2010	Other	4673461
Paul R. Ingersoll	Managing member / chief compliance officer	1 Dec 2010	Other	5655984
Llc Cedar Capital Advisors	100% owner	1 Dec 2010	75% - 100%	26-2299041
Neil Ray Peplinski	Managing member	1 Dec 2010	Other	4673461
Paul Russell Ingersoll	Managing member / chief compliance officer	1 Dec 2010	Other	5655984
Llc Cedar Capital	100% owner	1 Dec 2010	75% - 100%	26-2299041
Yashesh Kamlesh Patel	Chief operating officer	1 Jul 2011	Other	6176987
Yash Patel	Partner and chief operating officer	1 Jul 2011	Other	6176987
Catherine (Cami) Ann Kirschner	Chief compliance officer	1 Jan 2013	Other	4853702
Catherine (Cami) A Kirschner	Chief compliance officer	1 Jan 2013	Other	4853702
David Burriss Boon	Chief financial officer	1 Sep 2013	Other	1516660
Kevin W Swanson	Chief compliance officer	1 Mar 2016	Other	6534417

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Neil Ray Peplinski	Member/manager	1 Mar 2008	Other	4673461
Paul Russell Ingersoll	Member/manager	1 Mar 2008	Other	5655984
Llc Cedar Capital Investments Holdings	Member	1 Mar 2008	75% - 100%	26-2299041
Neil R. Peplinski	Active	1 May 2009	25% - 50%	4673461
Paul R. Ingersoll	Active	1 May 2009	25% - 50%	5655984
Neil Ray Peplinski	Active	1 May 2009	25% - 50%	4673461
Paul Russell Ingersoll	Active	1 May 2009	25% - 50%	5655984
Peplinski Cedar Llc	Member	1 Mar 2013	25% - 50%	46-1629577
Ingersoll Cedar Llc	Member	1 Mar 2013	25% - 50%	46-1630565
Mitchell Louis Hollin	Manager	1 Mar 2013	Other	1322948
Inc. Good Harbor Corporate Holdings	Member	1 Mar 2013	Other	46-2267246
Lp Llr Equity Partners Iii	Member	1 Mar 2013	Other	45-4674051
Benjamin Marcel Cukier	Manager	1 Mar 2013	Other	6025084
Christopher John Mcgowan	Manager	1 Jan 2014	Other	2265040
Richard N Garman	Manager	1 Mar 2015	Other	2426940

Based in Barrington

The principal office where Good Harbor Financial, LLC performs its advisory services is located at 330 East Main Street, Barrington, IL 60010, 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 312-224-8150 or by fax 312-674-7230. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at goodharborfinancial.com.