PIERSHALE FINANCIAL GROUP, INC.
Adviser information for PIERSHALE FINANCIAL GROUP, INC. last updated from Form ADV on January 20th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Illinois, United States |
Employees
| Total Number of Employees | 8 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,249 | $242.5M |
| Non-Discretionary | 163 | $21.6M |
| Total | 1,412 | $264.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 366 | $139.8M |
| HNW Individuals | 69 | $124.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesINVESTMENT CONSULTING SERVICES |
|---|---|
| Compensation | % of AUMFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 52.8M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| PIERSHALE FEE OFFSET ACCOUNT FOR ULTRA HIGH NET WORTH CLIENTS | PIERSHALE FINANCIAL GROUP, INC. |
Principal Office
1531 S GROVE AVESUITE 206
BARRINGTON
IL
United States
Monday - Friday, 8:00 AM - 4:30 PM
Tel: 8477138070, Fax: 8473873195
Chief Compliance Officer
MICHAEL PIERSHALE
PRESIDENT
1531 S GROVE AVE
SUITE 206
BARRINGTON
IL
United States
Tel:
8477138070
Fax:
8473873195
M***@*********************M
(Full email address available in API data)
Regulatory Contact
BEN BARZIDEH
WEALTH ADVISOR
1531 S GROVE AVE
SUITE 206
BARRINGTON
IL
United States
Tel:
8477138070
Fax:
8473873195
B***********@*********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PIERSHALE, MICHAEL, DENNIS | Individual | – | PRESIDENT | 04/2011 | < 5% |
| PIERSHALE, MICHAEL, DENNIS | Individual | – | CHIEF COMPLIANCE OFFICER | 02/2012 | < 5% |
| PIERSHALE, MICHAEL, DENNIS | Individual | MICHAEL DENNIS PIERSHALE LIVING TRUST | TRUSTEE | 04/2002 | |
| MICHAEL DENNIS PIERSHALE LIVING TRUST | Domestic Entity | – | DIRECT OWNER | 04/2011 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 6th, 2023 for period ending June 30th, 2023
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| 3M CO | COM | 20K | 201 | – |
| ABBOTT LABS | COM | 557K | 5K | – |
| ABBVIE INC | COM | 131K | 971 | – |
| ACCENTURE PLC IRELAND | SHS CLASS A | 20K | 66 | – |
| ADAMS DIVERSIFIED EQUITY FD | COM | 32K | 2K | – |
| ADOBE SYSTEMS INCORPORATED | COM | 34K | 70 | – |
| ADVENT CONV & INCOME FD | COM | 66K | 6K | – |
| AIRBNB INC | COM CL A | 19K | 150 | – |
| AKAMAI TECHNOLOGIES INC | COM | 9K | 100 | – |
| ALBEMARLE CORP | COM | 8K | 36 | – |
| ALLIANT ENERGY CORP | COM | 7K | 136 | – |
| ALLSPRING INCOME OPPORTUNIT | INC OPPTY FD | 16K | 3K | – |
| ALPHABET INC | CAP STK CL C | 148K | 1K | – |
| ALPHABET INC | CAP STK CL A | 127K | 1K | – |
| AMAZON COM INC | COM | 36K | 276 | – |
| AMC ENTMT HLDGS INC | CL A COM | 352 | 80 | – |
| AMKOR TECHNOLOGY INC | COM | 2K | 83 | – |
| APPLE INC | COM | 2M | 9K | – |
| APPLIED MATLS INC | COM | 22K | 150 | – |
| ARBOR REALTY TRUST INC | COM | 81K | 5K | – |
| ARCHER DANIELS MIDLAND CO | COM | 10K | 128 | – |
| AT&T INC | COM | 275K | 17K | – |
| AUGMEDIX INC | COM | 2K | 500 | – |
| AURINIA PHARMACEUTICALS INC | COM | 1K | 150 | – |
| AURORA CANNABIS INC | COM | 417 | 780 | – |
| B & G FOODS INC NEW | COM | 4K | 265 | – |
| BAIDU INC | SPON ADR REP A | 2K | 12 | – |
| BANK AMERICA CORP | COM | 1K | 49 | – |
| BARRICK GOLD CORP | COM | 4K | 212 | – |
| BEAZER HOMES USA INC | COM NEW | 6K | 200 | – |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 34K | 100 | – |
| BEST BUY INC | COM | 8K | 100 | – |
| BHP GROUP LTD | SPONSORED ADS | 2K | 29 | – |
| BLACKROCK ENERGY & RES TR | COM | 19K | 2K | – |
| BLACKROCK ENHANCED EQUITY DI | COM | 15K | 2K | – |
| BLOCK H & R INC | COM | 7K | 227 | – |
| BLOCK INC | CL A | 5K | 79 | – |
| BOEING CO | COM | 30K | 140 | – |
| BORGWARNER INC | COM | 5K | 100 | – |
| BOSTON SCIENTIFIC CORP | COM | 5K | 100 | – |
| BOYD GAMING CORP | COM | 14K | 200 | – |
| BRAINSTORM CELL THERAPEUTICS | COM NEW | 206 | 100 | – |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 1K | 31 | – |
| BROOKFIELD CORP | CL A LTD VT SH | 9K | 276 | – |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | 6K | 151 | – |
| BUNGE LIMITED | COM | 9K | 100 | – |
| CANOPY GROWTH CORP | COM | 429 | 1K | – |
| CARMAX INC | COM | 5K | 62 | – |
| CARNIVAL CORP | COMMON STOCK | 4K | 200 | – |
| CATERPILLAR INC | COM | 6K | 25 | – |
| CEVA INC | COM | 1K | 50 | – |
| CHEVRON CORP NEW | COM | 63K | 400 | – |
| CHIPOTLE MEXICAN GRILL INC | COM | 4K | 2 | – |
| CISCO SYS INC | COM | 280K | 5K | – |
| CITIGROUP INC | COM NEW | 21K | 450 | – |
| CLEAN ENERGY FUELS CORP | COM | 600 | 121 | – |
| COINBASE GLOBAL INC | COM CL A | 716 | 10 | – |
| COMCAST CORP NEW | CL A | 44K | 1K | – |
| CONSTELLATION ENERGY CORP | COM | 38K | 418 | – |
| COSTCO WHSL CORP NEW | COM | 54K | 100 | – |
| CRONOS GROUP INC | COM | 4K | 2K | – |
| CROWN CASTLE INC | COM | 1K | 10 | – |
| CVR PARTNERS LP | COM | 3K | 31 | – |
| CVS HEALTH CORP | COM | 9K | 135 | – |
| DARDEN RESTAURANTS INC | COM | 187K | 1K | – |
| DEERE & CO | COM | 23K | 57 | – |
| DEVON ENERGY CORP NEW | COM | 6K | 116 | – |
| DIREXION SHS ETF TR | DLY SEMICNDTR BR | 48K | 5K | – |
| DISNEY WALT CO | COM | 9K | 100 | – |
| DOCUSIGN INC | COM | 1K | 25 | – |
| DOLLAR TREE INC | COM | 718 | 5 | – |
| DOMINOS PIZZA INC | COM | 56K | 165 | – |
| DOUGLAS DYNAMICS INC | COM | 3K | 100 | – |
| DOVER CORP | COM | 15K | 100 | – |
| DOW INC | COM | 2K | 38 | – |
| DT MIDSTREAM INC | COMMON STOCK | 2K | 43 | – |
| DTE ENERGY CO | COM | 9K | 86 | – |
| EATON VANCE TAX MNGED BUY WR | COM | 17K | 1K | – |
| EMERSON ELEC CO | COM | 10K | 107 | – |
| ENBRIDGE INC | COM | 4K | 100 | – |
| ENERGY TRANSFER L P | COM UT LTD PTN | 4K | 288 | – |
| ENNIS INC | COM | 4K | 200 | – |
| ENTERPRISE PRODS PARTNERS L | COM | 4K | 164 | – |
| EQUITY COMWLTH | COM SH BEN INT | 4K | 200 | – |
| EQUITY LIFESTYLE PPTYS INC | COM | 14K | 202 | – |
| ESSENTIAL UTILS INC | COM | 11K | 285 | – |
| ETF MANAGERS TR | ETFMG ALTR HRVST | 245 | 82 | – |
| ETSY INC | COM | 4K | 50 | – |
| EVERSOURCE ENERGY | COM | 22K | 306 | – |
| EXELON CORP | COM | 55K | 1K | – |
| EXXON MOBIL CORP | COM | 45K | 420 | – |
| FIRST MAJESTIC SILVER CORP | COM | 672 | 119 | – |
| FIRST TR NAS100 EQ WEIGHTED | SHS | 5K | 50 | – |
| FORD MTR CO DEL | COM | 8K | 526 | – |
| FOUR CORNERS PPTY TR INC | COM | 11K | 414 | – |
| FREEPORT-MCMORAN INC | CL B | 8K | 200 | – |
| GENERAL ELECTRIC CO | COM NEW | 7K | 61 | – |
| GENERAL MLS INC | COM | 421K | 5K | – |
| GENERAL MTRS CO | COM | 3K | 65 | – |
| GENUINE PARTS CO | COM | 17K | 100 | – |
| GOLD RESOURCE CORP | COM | 417 | 662 | – |
| GOLUB CAP BDC INC | COM | 3K | 200 | – |
| GRAINGER W W INC | COM | 20K | 25 | – |
| HEALTHCARE RLTY TR | CL A COM | 1K | 54 | – |
| HEALTHPEAK PROPERTIES INC | COM | 5K | 259 | – |
| HIGH INCOME SECS FD | SHS BEN INT | 7K | 1K | – |
| HOME DEPOT INC | COM | 730K | 2K | – |
| HONDA MOTOR LTD | AMERN SHS | 3K | 100 | – |
| ILLINOIS TOOL WKS INC | COM | 68K | 270 | – |
| INNOVATIVE INDL PPTYS INC | COM | 4K | 50 | – |
| INSEEGO CORP | COM | 595 | 925 | – |
| INTEL CORP | COM | 7K | 200 | – |
| INTERNATIONAL BUSINESS MACHS | COM | 141K | 1K | – |
| INVESCO EXCH TRADED FD TR II | S&P500 HDL VOL | 26K | 625 | – |
| INVESCO EXCH TRADED FD TR II | S&P 500 HB ETF | 5K | 67 | – |
| INVESCO EXCH TRADED FD TR II | 1 30 LADER TRE | 5K | 183 | – |
| INVESCO QQQ TR | UNIT SER 1 | 7M | 18K | – |
| ISHARES TR | TIPS BD ETF | 12K | 110 | – |
| ISHARES TR | CORE S&P500 ETF | 10K | 23 | – |
| ISHARES TR | 7-10 YR TRSY BD | 6K | 58 | – |
| ISHARES TR | MSCI EAFE ETF | 6M | 86K | – |
| ISHARES TR | U.S. REAL ES ETF | 9K | 105 | – |
| ISHARES TR | MSCI USA ESG SLC | 25K | 271 | – |
| ISHARES TR | MSCI USA MIN VOL | 19K | 250 | – |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 4K | 80 | – |
| JAZZ PHARMACEUTICALS PLC | SHS USD | 1K | 10 | – |
| JETBLUE AWYS CORP | COM | 886 | 100 | – |
| JOHNSON & JOHNSON | COM | 58K | 348 | – |
| JUNIPER NETWORKS INC | COM | 3K | 100 | – |
| KIMBERLY-CLARK CORP | COM | 14K | 101 | – |
| KINDER MORGAN INC DEL | COM | 5K | 300 | – |
| KONTOOR BRANDS INC | COM | 505 | 12 | – |
| KOSMOS ENERGY LTD | COM | 1K | 200 | – |
| KRAFT HEINZ CO | COM | 2K | 48 | – |
| KULR TECHNOLOGY GROUP INC | COM | 474 | 740 | – |
| KYNDRYL HLDGS INC | COMMON STOCK | 3K | 200 | – |
| LEGGETT & PLATT INC | COM | 3K | 113 | – |
| LIFEWAY FOODS INC | COM | 673 | 100 | – |
| LINDE PLC | SHS | 3K | 9 | – |
| LITHIUM AMERS CORP NEW | COM NEW | 8K | 379 | – |
| LIVENT CORP | COM | 7K | 266 | – |
| LOWES COS INC | COM | 11K | 50 | – |
| M & T BK CORP | COM | 3K | 23 | – |
| MCDONALDS CORP | COM | 30K | 100 | – |
| MEDTRONIC PLC | SHS | 10K | 109 | – |
| MERCADOLIBRE INC | COM | 7K | 6 | – |
| META PLATFORMS INC | CL A | 11K | 38 | – |
| MGM RESORTS INTERNATIONAL | COM | 1K | 34 | – |
| MICROSOFT CORP | COM | 324K | 952 | – |
| MONDELEZ INTL INC | CL A | 10K | 137 | – |
| MOTOROLA SOLUTIONS INC | COM NEW | 65K | 220 | – |
| MRC GLOBAL INC | COM | 3K | 300 | – |
| NATIONAL GRID PLC | SPONSORED ADR NE | 2K | 25 | – |
| NEUROCRINE BIOSCIENCES INC | COM | 28K | 300 | – |
| NEW YORK CMNTY BANCORP INC | COM | 5K | 421 | – |
| NEWELL BRANDS INC | COM | 2K | 250 | – |
| NEXTERA ENERGY INC | COM | 5K | 67 | – |
| NIO INC | SPON ADS | 2K | 180 | – |
| NORDIC AMERICAN TANKERS LIMI | COM | 528 | 144 | – |
| NORTHERN TR CORP | COM | 22K | 300 | – |
| NORWEGIAN CRUISE LINE HLDG L | SHS | 72K | 3K | – |
| NOW INC | COM | 777 | 75 | – |
| NUTRIEN LTD | COM | 6K | 100 | – |
| NUVASIVE INC | COM | 2K | 50 | – |
| NUVEEN REAL ASSET INCOME & G | COM | 24K | 2K | – |
| NVIDIA CORPORATION | COM | 126K | 298 | – |
| ONEOK INC NEW | COM | 46K | 745 | – |
| OPEN TEXT CORP | COM | 17K | 400 | – |
| PACKAGING CORP AMER | COM | 13K | 100 | – |
| PAYPAL HLDGS INC | COM | 2K | 26 | – |
| PEPSICO INC | COM | 228K | 1K | – |
| PFIZER INC | COM | 4K | 112 | – |
| PGIM HIGH YIELD BOND FUND IN | COM | 26K | 2K | – |
| PIEDMONT LITHIUM INC | COM | 2K | 34 | – |
| PINTEREST INC | CL A | 3K | 95 | – |
| PLUG POWER INC | COM NEW | 779 | 75 | – |
| PORTILLOS INC | COM CL A | 16K | 700 | – |
| PPL CORP | COM | 5K | 200 | – |
| PROCTER AND GAMBLE CO | COM | 242K | 2K | – |
| PROSHARES TR | BITCOIN STRATE | 3K | 175 | – |
| PROTO LABS INC | COM | 594 | 17 | – |
| PRUDENTIAL FINL INC | COM | 14K | 158 | – |
| QORVO INC | COM | 3K | 25 | – |
| QUALCOMM INC | COM | 13K | 109 | – |
| REALTY INCOME CORP | COM | 7K | 123 | – |
| RELIANCE STEEL & ALUMINUM CO | COM | 27K | 100 | – |
| CEMEX SAB DE CV | SPON ADR NEW | 2K | 300 | – |
| FIDELITY COVINGTON TRUST | STOCK FOR INFL | 2K | 50 | – |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 17K | 275 | – |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 2K | 20 | – |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 22K | 385 | – |
| INVESCO EXCH TRD SLF IDX FD | DEFENSIVE EQTY | 19K | 275 | – |
| THE LION ELECTRIC COMPANY | COMMON STOCK | 2K | 1K | – |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 16M | 46K | – |
| TEKLA HEALTHCARE INVS | SH BEN INT | 16K | 922 | – |
| TEKLA LIFE SCIENCES INVS | SH BEN INT | 11K | 839 | – |
| UNIVERSAL HEALTH RLTY INCOME | SH BEN INT | 5K | 100 | – |
| VALE S A | SPONSORED ADS | 5K | 400 | – |
| VANECK ETF TRUST | GOLD MINERS ETF | 34K | 1K | – |
| VANECK ETF TRUST | PREFERRED SECURT | 5K | 300 | – |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 29K | 804 | – |
| VANECK ETF TRUST | RARE EARTH/STRTG | 748 | 9 | – |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 6K | 100 | – |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 11K | 150 | – |
| VANGUARD INDEX FDS | VALUE ETF | 5K | 37 | – |
| RIO TINTO PLC | SPONSORED ADR NE | 6K | 100 | – |
| RIVIAN AUTOMOTIVE INC | COM CL A | 916 | 55 | – |
| ROYAL CARIBBEAN GROUP | COM | 29K | 284 | – |
| S&P GLOBAL INC | COM | 10K | 25 | – |
| SALESFORCE INC | COM | 16K | 75 | – |
| SANFILIPPO JOHN B & SON INC | COM | 15K | 128 | – |
| SCHWAB CHARLES CORP | COM | 3K | 53 | – |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 16M | 305K | – |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 6M | 85K | – |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 6M | 93K | – |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 29K | 395 | – |
| SCHWAB STRATEGIC TR | US REIT ETF | 5K | 264 | – |
| SCHWAB STRATEGIC TR | US TIPS ETF | 9K | 164 | – |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 7K | 200 | – |
| SCOTTS MIRACLE-GRO CO | CL A | 6K | 100 | – |
| SELECT SECTOR SPDR TR | ENERGY | 4K | 50 | – |
| SKYWORKS SOLUTIONS INC | COM | 70K | 636 | – |
| SNDL INC | COM | 348 | 254 | – |
| SOFI TECHNOLOGIES INC | COM | 3K | 300 | – |
| SOUNDHOUND AI INC | CLASS A COM | 5K | 1K | – |
| SOUTHERN CO | COM | 11K | 150 | – |
| SPDR S&P 500 ETF TR | TR UNIT | 455 | 1 | – |
| SPDR SER TR | S&P DIVID ETF | 38K | 311 | – |
| SPDR SER TR | BLOOMBERG 1-3 MO | 90M | 981K | – |
| SPIRIT AIRLS INC | COM | 3K | 166 | – |
| SPLUNK INC | COM | 1K | 14 | – |
| SSR MINING IN | COM | 4K | 290 | – |
| STANLEY BLACK & DECKER INC | COM | 5K | 56 | – |
| STARBUCKS CORP | COM | 25K | 250 | – |
| STEM INC | COM | 3K | 450 | – |
| STRYKER CORPORATION | COM | 15K | 50 | – |
| SUNCOKE ENERGY INC | COM | 834 | 106 | – |
| SYNAPTICS INC | COM | 2K | 25 | – |
| SYNCHRONY FINANCIAL | COM | 7K | 200 | – |
| SYSCO CORP | COM | 13K | 181 | – |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 5K | 50 | – |
| TAKEDA PHARMACEUTICAL CO LTD | SPONSORED ADS | 3K | 173 | – |
| TARGET CORP | COM | 7K | 54 | – |
| TEGNA INC | COM | 5K | 300 | – |
| TERADYNE INC | COM | 11K | 100 | – |
| TESLA INC | COM | 71K | 270 | – |
| TETRA TECH INC NEW | COM | 62K | 380 | – |
| TEXTAINER GROUP HOLDINGS LTD | SHS | 2K | 40 | – |
| TITAN MACHY INC | COM | 6K | 200 | – |
| TORONTO DOMINION BK ONT | COM NEW | 12K | 200 | – |
| UBER TECHNOLOGIES INC | COM | 5K | 120 | – |
| ULTA BEAUTY INC | COM | 7K | 15 | – |
| UNITED PARCEL SERVICE INC | CL B | 30K | 165 | – |
| UNIVERSAL DISPLAY CORP | COM | 29K | 200 | – |
| URANIUM ENERGY CORP | COM | 3K | 800 | – |
| US BANCORP DEL | COM NEW | 102K | 3K | – |
| V F CORP | COM | 2K | 85 | – |
| VANGUARD INDEX FDS | S&P 500 ETF SHS | 42K | 103 | – |
| VERIZON COMMUNICATIONS INC | COM | 100K | 3K | – |
| VOYA GLBL EQTY DIV & PREM OP | COM | 17K | 3K | – |
| WALGREENS BOOTS ALLIANCE INC | COM | 18K | 633 | – |
| WALMART INC | COM | 177K | 1K | – |
| WARNER BROS DISCOVERY INC | COM SER A | 51K | 4K | – |
| WELLTOWER INC | COM | 8K | 105 | – |
| WEYERHAEUSER CO MTN BE | COM NEW | 10K | 300 | – |
| WHIRLPOOL CORP | COM | 9K | 64 | – |
| WP CAREY INC | COM | 7K | 100 | – |
| YUM BRANDS INC | COM | 122K | 883 | – |
| YUM CHINA HLDGS INC | COM | 47K | 831 | – |