Uhlmann Price Securities, LLC

Background

Uhlmann Price Securities, LLC, established in 1997, is a privately-owned, full-service brokerage firm headquartered in Chicago, Illinois. The firm offers a comprehensive range of investment products and services tailored to meet the needs of both private clients and institutional investors. With a commitment to providing professional, independent, and experienced guidance, Uhlmann Price emphasizes ethical conduct and integrity in all its operations.

Key Strategic Focus

Uhlmann Price specializes in delivering diversified investment solutions, including traditional portfolio services and alternative investments. The firm's strategic focus encompasses:

Wealth Management: Offering advice across a broad range of asset classes, including fixed income, global equities, and alternative investments.

Investment Solutions: Providing access to an extensive array of investment products such as equities, fee-based options, structured notes, commodities, hedge funds, managed futures, limited partnerships, and mutual funds.

Institutional Services: Addressing the unique investment needs of large institutional investors with a focus on alternative strategies that add value to client portfolios.

The firm has developed a specialized concentration in alternative investments, including managed futures and commodity index funds. Notably, Uhlmann Price has been a primary marketing agent for strategies based on the Rogers International Commodity Index® (RICI®), created by renowned investor Jim Rogers.

Financials and Funding

As of the latest available data, Uhlmann Price Securities manages over $650 million in client assets across both traditional and alternative investment strategies. The firm is 100% employee-owned, operating as a wholly-owned subsidiary of Price Holdings Company, LLC, a diversified financial services company.

Technological Platform and Innovation

Uhlmann Price leverages a diversified investment platform that integrates both traditional and alternative investment products. The firm's collaboration with Jim Rogers and the RICI® has enhanced its prominence in the futures industry, offering clients access to commodity-based investment strategies.

Leadership Team

The leadership team at Uhlmann Price Securities comprises seasoned professionals with extensive experience in the financial services industry:

James D. Baer: Managing Member and President. Joined the firm in 2001; previously served as a securities broker and branch manager with Merrill Lynch and as an independent floor trader at the Chicago Board of Trade. Holds Series 3, 4, 7, 24, 27, 53, and 66 licenses.

Alan Konn: Managing Member. Joined in 2003 after 17 years at William Blair & Co. Holds Series 3, 7, 24, 31, 63, and 65 licenses.

Maura Clark: Chief Financial Officer. Joined in 2012; previously provided tax and accounting services at Laventhol and Horwath.

Cindy Kelly: Chief Operating Officer and Chief Compliance Officer. Joined in 2004; appointed COO in 2015 and CCO in 2023. Holds Series 7, 24, and 63 licenses.

Leadership Changes

In 2023, Cindy Kelly was appointed as Chief Compliance Officer, adding to her role as Chief Operating Officer.

Competitor Profile

Market Insights and Dynamics

The wealth management and brokerage industry is highly competitive, with firms offering a range of traditional and alternative investment products to cater to diverse client needs. The market is characterized by a focus on personalized client services, technological integration, and a broad spectrum of investment options.

Competitor Analysis

Uhlmann Price Securities operates in a competitive landscape alongside firms such as BMO Financial Group, USAA, State Street, Commonwealth Bank, JPMorgan Chase & Co., and BB&T. These competitors offer a variety of financial services, including investment management, brokerage, and wealth advisory services.

Strategic Collaborations and Partnerships

Uhlmann Price's collaboration with Jim Rogers and the Rogers International Commodity Index® has been instrumental in enhancing its reputation in the futures industry, providing clients with access to commodity-based investment strategies.

Operational Insights

Uhlmann Price differentiates itself through a client-centric approach, offering both traditional and alternative investment solutions tailored to individual client needs. The firm's emphasis on ethical conduct, integrity, and personalized service positions it uniquely in the competitive financial services landscape.

Strategic Opportunities and Future Directions

Looking ahead, Uhlmann Price aims to expand its client base by leveraging its expertise in alternative investments and personalized wealth management services. The firm is committed to maintaining its focus on ethical practices and client trust while exploring new investment opportunities to meet the evolving needs of its clientele.