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Hinsdale Associates
Hinsdale Associates was founded in 1965 in Hinsdale, Illinois, a wealthy western suburb of Chicago. The firm operates as a registered investment advisor (RIA)...
Hinsdale Associates
Hinsdale Associates was founded in 1965 in Hinsdale, Illinois, a wealthy western suburb of Chicago. The firm operates as a registered investment advisor (RIA) with principals Brendan F. Kenney, Thomas J. Atteberry, and Garry P. Kenney listed on its ADV filings. It was built to serve the investment needs of local families, trustees, and charitable organizations, drawing its client base from the durable affluence concentrated along Chicago's North Shore and western suburbs. The firm manages client assets across equity, fixed-income, and real estate allocations. Public-equity portfolios are constructed on a direct-security basis — buying individual stocks and bonds rather than outsourcing to fund managers — with a value-tilt and long holding periods typical of private-client RIAs of this vintage. The fixed-income book emphasizes investment-grade municipals, reflecting the tax sensitivities of its Illinois-domiciled clientele. Real estate exposure comes through direct property holdings rather than REIT funds. The firm does not advertise venture capital, private equity, or hedge fund capabilities; it is a pure long-only, traditional asset manager. ADV filings from 2024 indicate a team of roughly 15 professionals, including several investment-advisor representatives operating under the firm's registration. Hinsdale Associates has not expanded beyond its single Hinsdale office in nearly six decades — a deliberate structural choice that keeps the firm small, relationship-driven, and free of the asset-gathering pressures that come with multiple locations. Adjacent vehicles or philanthropic arms have not been publicly disclosed. In January 2025, the firm filed its annual Form ADV amendment with the SEC, confirming continuity of its core advisory team and unchanged fee schedules. What differentiates Hinsdale Associates structurally is its staying power as a single-office, suburban RIA that survived six decades without merging, selling to a consolidator, or converting to a multi-family-office platform. This architecture forces a discipline few peer firms maintain: every client is a known local relationship, and the investment committee answers directly to those clients without the intermediation of a national compliance infrastructure or a home-office product menu.
General information
Firm type
RIA
Year founded
1965
AUM
$100M–$500M (Altss estimate)
Location
Region
North America
Country
United States
City
Hinsdale
Corporate office
Hinsdale, IL, United States
Principals
Brendan F. Kenney
Principal
Thomas J. Atteberry
Principal
Garry P. Kenney
Principal
Sector focus
Frequently asked questions
Who runs investment decisions at Hinsdale Associates?
Principals Brendan F. Kenney, Thomas J. Atteberry, and Garry P. Kenney are listed as the firm's key investment professionals on regulatory filings. The small team structure suggests a consensus-driven investment committee, typical of single-office private-client RIAs where portfolio decisions are made by the principals who also maintain client relationships. No outside portfolio manager or institutional sub-advisor is disclosed.
Does Hinsdale Associates manage model portfolios or client-specific separate accounts?
Hinsdale Associates manages individually tailored separate accounts for each client, rather than placing assets into centralized model portfolios or pooled vehicles. The firm buys individual securities — equities and bonds — directly in client accounts, holding them in custody at a third-party custodian. This direct-security approach gives the firm complete control over tax-loss harvesting and gain realization for each household.
What investment stages or structures does Hinsdale Associates avoid?
The firm does not participate in venture capital, private equity, hedge fund allocations, or derivatives-based strategies. Its entire investment approach is long-only, using publicly traded stocks and bonds and direct real estate. Clients seeking illiquid alternatives, structured products, or leverage would need to look outside Hinsdale Associates.
Does Hinsdale Associates serve institutional clients or only individuals?
Hinsdale Associates advises individuals and high-net-worth families, along with trustees and charitable organizations. The firm has no known institutional separate-account relationships with endowments, foundations above the family-fiduciary threshold, or pension funds. Its client base is local, concentrated in the Chicago suburbs where it is headquartered.
How is Hinsdale Associates compensated?
Hinsdale Associates charges asset-based fees as a percentage of assets under management, consistent with standard RIA fee structures. The firm does not receive commissions, 12b-1 fees, or revenue-sharing payments from fund companies, since it does not use third-party mutual funds or ETFs in client accounts. Fee schedules are disclosed in the firm's Form ADV Part 2A brochure.
Is Hinsdale Associates related to any larger financial entity or platform?
No. Hinsdale Associates is independently owned and not affiliated with any bank holding company, broker-dealer, insurance company, or RIA roll-up platform. It has remained a standalone entity since its 1965 founding, which is unusual in an industry where suburban RIAs of this size are frequently acquired by consolidators or national wealth-management networks.
What is the firm's known posture on tax management?
Tax efficiency is central to the firm's investment approach, driven by its Illinois client base's state-and-federal tax sensitivities. The fixed-income allocation is heavily weighted toward investment-grade municipal bonds, which generate income exempt from federal and Illinois state taxes. Equity portfolios are managed for long holding periods and explicit tax-loss harvesting, rather than for short-term turnover.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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