Good Harbor Financial, LLC (Barrington)


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.