Find us online: DailyNorthShore.com
saturday FEBRUARY 28 | sunday march 01 2015
DailyNorthShore.com
SUNDAY BREAKFAST Illustration by Barry Blitt
social Scene
Estate of late John Hughes featured at Bare Bones party. P.20
Bill Terlato is dedicated to fine wines. P.46
SPORTS
Lake Forest tops Highland Park in Showdown. P.39 Follow us:
No. 125 | A JWC Media publication
NEWS
Hefter wins Barron’s award again BY david sweet
F
or the sixth straight year, Highland Park resident Steven Hefter of Wells Fargo Advisers was ranked by Barron’s as the top financial advisor in Illinois. Illustration by Barry Blitt
The 60-year-old oversees a typical account of $10 million at Hefter, Leshem, Margolis, a capital management group in Deerfield. His interest in the market began at 13. With bar mitzvah money in hand, Hefter started examining the stock listings in the newspaper. He bought 10 shares
of Sperry Rand at around $13. “That got me interested. I’d check how it did every day in the afternoon Chicago Daily News,” he noted in an interview with The North Shore Weekend last year. When he joined Wachovia Securities in 2007 (which was purchased by Wells Fargo the following year), Hefter enjoyed access to top money managers around the world (most firms require advisors to use company managers). “When we found out we could have access to better returns for us and for our clients, that’s a huge difference,” he says. “We used to analyze individual companies and stocks. Now we can pick the best managers.” If his past words are any guide, don’t expect the financial advisor to rest on his laurels anytime soon. Hefter told us in 2014, “I prefer work to golf. I don’t think I could ever retire because I enjoy it too much.”
Unlimited offerings
North Shore non-profits educate, entertain and edify BY BILL MCLEAN
W
hen Waukegan teachers went on strike in October, more than 16,000 students left school. Some students rejoiced. Others moped, got upset, missed the learning environment.
Brenda Dick is overseeing a major renovation at Gorton Community Center.
Rampant boredom gripped the bulk of the students after a week of the one-month work stoppage. Kohl Children’s Museum, a nonprofit based in Glenview, eradicated students’ ennui at a library in Waukegan. An educator from the facility — Kohl Children’s Museum encourages young children, from birth to age 8, to become effective learners — packed educational supplies and headed north during the class stoppage. The educator supervised activities, lively and creative and engaging ones. Grade-schoolers listened and learned. Grade-schoolers interacted. Continues on page 12
LOCAL POSTAL CUSTOMER
Open HOuse:
ECRWSS
Tuesday, March 10, 9:00 a.m. Curious about the LFCDs experience? Please call (847) 615-6151 or email admission@lfcds.org to register for an Open House. 145 South Green Bay Road, Lake Forest, IL 60045 | www.lfcds.org | (847) 615-6151
Prsrt Std U.S. Postage PAID Permit no. 91 Highland Pk, IL