Advisory Research Inc
Registered investment adviser · Chicago, IL · CRD #108254
Form ADV data as of 2026-09-01Regulatory assets
$991.3 million
Total accounts
444
Employees
14
Disclosure events
0
Firm details
- Website: http://advisoryresearch.com
- Telephone: 312-565-1414
- SEC file number: 801-14172
- Most recent Form ADV filing: 2026-03-20
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $988.7 million |
| Non-discretionary regulatory assets under management | $2.6 million |
| Total regulatory assets under management | $991.3 million |
| Discretionary accounts | 436 |
| Non-discretionary accounts | 8 |
| Total accounts | 444 |
| Regulatory assets under management attributable to non-U.S. persons | $73.8 million |
People
| Total employees (excluding clerical) | 14 |
| Employees performing investment advisory functions (including research) | 8 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 7 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 3 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $7,831 |
| Clients for whom the firm has custody | 1 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $214.4 million |
| Clients for whom a related person has custody | 1 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 16 |
How the firm is compensated
Advisory services offered
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends securities for which it serves as underwriter or general partner
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 275 | $100.8 million |
| High net worth individuals | 130 | $272.1 million |
| Investment companies | 1 | $24.2 million |
| Pooled investment vehicles (other than investment companies and BDCs) | 3 | $261.4 million |
| Pension and profit sharing plans (not the participants or government plans) | 3 | $1.7 million |
| Charitable organizations | 14 | $127.6 million |
| Corporations or other businesses not listed above | 18 | $203.4 million |