Takaki Close & Associates, Ltd. (Evanston)

Takaki Close & Associates, Ltd. is a large advisory firm based in Evanston. It manages $172.74 million of regulatory assets for 790 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois and Texas.

Takaki Close & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and market timing services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Takaki Close & Associates: assets under management

The assets under management (AUM) of Takaki Close & Associates, Ltd. is $172.74 million. The firm's AUM has grown by 51% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $111.92 million in discretionary accounts and $60.82 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $191.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $295.24 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Takaki Close & Associates, Ltd. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Takaki Close & Associates, Ltd.

David Douglas Close has been acting as President since 1 Apr 1993. D. Douglas Close joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
D. Douglas Close	President	1 Apr 1993	50% - 75%	xxx-xx-xxxx
Steven K. Takaki	Director	1 Apr 1993	50% - 75%	xxx-xx-xxxx
Douglas Close D.	President	1 Apr 1993	50% - 75%	xxx-xx-xxxx
Close D. Douglas	President	1 Apr 1993	50% - 75%	xxx-xx-xxxx
Close David Douglas	President	1 Apr 1993	50% - 75%	xxx-xx-xxxx
Steven Kaoru Takaki	Director	1 Apr 1993	50% - 75%	xxx-xx-xxxx
David Douglas Close	President	1 Apr 1993	50% - 75%	1579758

Based in Evanston

The principal office where Takaki Close & Associates, Ltd. performs its advisory services is located at 1578 Sherman Avenue, Evanston, IL 60201, which is also the mailing address of the firm. An additional office of the firm is in Highwood, IL. It doesn’t run an office outside of the United States.