Kovitz Investment Group Relocating Headquarters in Next Phase of...

Kovitz Investment Group Relocating Headquarters in Next Phase of Firm Growth

Capital Markets CIO Outlook | Tuesday, March 02, 2021

Kovitz is going to move to 71 South Wacker Drive in Chicago's famous Loop. The company was on the 27th floor of 115 S. LaSalle St. has been around for almost 15 years.

FREMONT, CA: Chicago-based Kovitz Investment Group Partners, a value-based wealth management firm, has declared it will move its headquarters, effective March 1, to support the company's next phase of growth.

Kovitz is going to move to 71 South Wacker Drive in Chicago's famous Loop. The company was on the 27th floor of 115 S. LaSalle St. has been around for almost 15 years.

The new site, which will act as a hub for approximately 55 Kovitz workers, provides a centralized transport location for employees and customers.

"This new office will better reflect our client-first approach and help Kovitz sustain a more collaborative work environment for employees," stated Mitch Kovitz, Founder and Principal of Kovitz. "Over the past two decades, we have been a firm on the rise and we need a modern space with first-class amenities for our clients and a place to call home for our biggest asset – our employees. Wacker Drive is the next chapter in our growth story."

Over the past three years, Kovitz has made three acquisitions that have powered the company's growth and service to customers around the globe. Kovitz acquired AFAM Capital in California in 2018. Deals followed in 2019 and 2020 with Northern Capital Management, Wisconsin-based RIA, and Allen Berg and his team, helping to establish a new Kovitz Family Office Services division in Chicago.

More recently, Kovitz has made strategic recruits to expand the depth of its financial advisor and asset manager. In addition, Kovitz continues to grow its human resources, finance and operations divisions to benefit its clients.

"We continue to make strategic investments that will best support the long-term growth of the company and allow us to bolster our financial planning and wealth management solutions to help high-net-worth clients reach their financial goals," stated Ted Rupp, Principal and Co-President. "We are confident this move will position Kovitz for increased opportunities to attract and retain high caliber industry professionals and propel us higher as one of the top RIA firms in the country.

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