The NORTH STAR INVESTMENT MANAGEMENT CORPORATION is a privately held investment adviser that advises $2.69Bn in regulatory assets under management held in 0 SEC fund types across 2 investment strategies. NORTH STAR INVESTMENT MANAGEMENT CORPORATION is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 62.8% over the last 5-years.
The Group has been registered with the SEC for 22.78 years and is comprised of 1 filing and 0 relying advisers. They operate out of 3 office locations with their Headquarters at 20 N. WACKER DRIVE SUITE 1416, CHICAGO, IL. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 29 employees comprised of 15 investment and 14 non-investment staff. The total number of Employees increased by 11.54% over the last 5-years.
Their $2.69Bn in assets advised are owned by 0 private funds, 5 public funds and BDCs and 78 other accounts. Assets of High Net Worth Individuals clients own $1.33Bn or 49.26% of Total Assets and Investment Companies (IC) own $819mn or 30.42% of Total Assets.
The Group's top investment strategies include Long/Short Equity and Multi Strat, representing 57.58% and 42.42% of total assets, respectively.
They advise 5 types of clients, top clients are High Net Worth Individuals and Investment Companies (IC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees and management fees.
NORTH STAR INVESTMENT MANAGEMENT CORPORATION names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In NORTH STAR INVESTMENT MANAGEMENT CORPORATION's case, they have 11 business conditions that require high process maturity and 1 Watch Factors.