Access Financial Group, Inc. (Chicago)

Name: Access Financial Group, Inc.
Address: 118 N. Clinton Street, Chicago, IL, 60661
Telephone: 312-655-8200

Access Financial Group, Inc. is a large advisory firm based in Chicago. It manages $303.07 million of regulatory assets for 281 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, Connecticut, Florida, and 16 other states.

Access Financial Group provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Access Financial Group: assets under management

The assets under management (AUM) of Access Financial Group, Inc. is $303.07 million. The firm's AUM has grown by 59% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $299.73 million in discretionary accounts and $3.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.11 million.

Access Financial Group has custody of $164.41 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Access Financial Group, Inc. 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 John Graton Gillespie serves?

The firm provides services to individuals and corporations or other businesses. The largest group of clients of John Graton Gillespie is corporations or other businesses with 271 clients and $294.87 million of assets under management. Among the 12 most similar advisory firms, Access Financial Group has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $303.07 million for 281 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.

Access Financial Group doesn't advise any private funds.

Careers at Access Financial Group, Inc.

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

John Graton Gillespie has been acting as President since 1 Oct 2007. Malachi P Sturlin joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Victor Christ Chigas	Director, chairman, owner	1 Mar 1995	50% - 75%	45714
Nancy Jo Gorchoff	Director, c.o.o, c.f.o.	1 Dec 1995	Other	1236418
Mark Jeffrey Grant	Director, president bond division	1 Dec 1995	Other	227528
1996 John G. Gillespie & S. Celeste Gillespie Trustees The John G. And S. Celeste Gillespie Revocable Trust Dated February 2	Owner	1 Feb 1996	75% - 100%	xxx-xx-xxxx
Inc. Access Capital Group	Parent, sole shareholder	1 Sep 1996	75% - 100%	36-4106688
Susan Celeste Gillespie	Chief compliance officer	1 Mar 1999	Other	2974939
Richard Irl Konst	Director, vice chairman, owner	1 Sep 1999	25% - 50%	273746
Victor John Jr Chigas	Director, ceo, sr. options principal	1 Sep 1999	Other	1666547
Christopher Robert Chigas	President, chief compliance officer	1 Nov 2000	Other	1832392
John Graton Gillespie	Chief compliance officer/president	1 Oct 2007	Other	1231758
John Graton Gillespie	Chief compliance officer	1 Mar 2009	Other	1231758
Malachi P Sturlin	Chief compliance officer	1 Jul 2009	Other	4818508
Malachi Patrick Sturlin	Chief compliance officer	1 Jul 2009	Other	4818508

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Graton Gillespie	Trustee	1 Feb 1996	Other	1231758
Susan Celeste Gillespie	Trustee	1 Feb 1996	Other	2974939
Victor Christ Chigas	Chairman, ceo	1 Sep 1996	50% - 75%	45714

Based in Chicago

The principal office where Access Financial Group, Inc. performs its advisory services is located at 118 N. Clinton Street, Chicago, IL 60661, 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 312-655-8200 or by fax 312-655-8268. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at afinancial.com.