Data / Investment advisers / Illinois / Arete Wealth Advisors, LLC
Arete Wealth Advisors, LLC, Chicago, IL: $2.7 billion AUM, SEC registered investment adviser
Arete Wealth Advisors, LLC is an SEC registered investment adviser with its main office in Chicago, Illinois and reports $2.7 billion in regulatory assets under management in its Form ADV filed October 29, 2026. Its clients include high net worth individuals, individuals and corporations and other businesses. It is paid through a percentage of assets under management, hourly charges and fixed fees.
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- Registration
- SEC registered investment adviser
- CRD number
- 145488
- SEC file number
- 801-69827
- SEC status
- Approved, effective January 5, 2009
- Main office
- 1115 W Fulton Market 3rd Floor, Chicago, IL 60607
- Phone
- (312) 940-3684
- Website
- leblancfinancial.com
- Regulatory AUM
- $2,745,378,945 in the Form ADV filed October 29, 2026
- Discretionary AUM
- $2,745,378,945
- Accounts
- 5,424
- Employees
- 135, of which 130 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, hourly charges, fixed fees, performance based fees, other fees
- Other offices
- 26
- Form ADV Item 11 disclosures
- Reported: self-regulatory organization actions, civil court actions
- Latest Form ADV filing
- October 29, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 3,441 | $2.04 billion |
| Individuals (other than high net worth individuals) | 1,848 | $521.6 million |
| Corporations or other businesses | 116 | $173.2 million |
| Pension and profit sharing plans | 9 | $6.9 million |
| Charitable organizations | 12 | $4.5 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| March 2, 2026 | $2.75 billion | February 6, 2026 |
| December 1, 2025 | $3.15 billion | April 1, 2025 |
Other advisers in Chicago
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Port Capital LLC | Chicago | $2.85 billion | 5 | adviserinfo.sec.gov |
| Edgewater Services, LLC | Chicago | $2.84 billion | 34 | adviserinfo.sec.gov |
| Peakline Partners, LLC | Chicago | $2.81 billion | 34 | adviserinfo.sec.gov |
| Rothschild Investment | Chicago | $2.79 billion | 1 | adviserinfo.sec.gov |
| Singerman Real Estate Management Company, L.P. | Chicago | $2.77 billion | 13 | adviserinfo.sec.gov |
| Dearborn Partners L.L.C. | Chicago | $2.74 billion | Not listed | adviserinfo.sec.gov |
| PPM Loan Management Company 2, LLC | Chicago | $2.72 billion | 8 | adviserinfo.sec.gov |
| Embree Financial Group | Chicago | $2.64 billion | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Chicago, IL
- Investment advisers in Illinois
- Advisers with $1 billion to $10 billion in AUM
- Advisers serving high net worth individuals
- Advisers serving individuals
- Arete Wealth Advisors, LLC on the SEC's adviser search
Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.