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GREAT LAKES ADVISORS, LLC
CRD 110757File 801-16937
APPROVED
Retail clients
Custody
Filing as of Sep 8, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$16.16B
Top 10% of cohort (national)
Discretionary AUM
$15.87B
Non-discretionary $287.4M
Clients
1,101
2,978 accounts
Employees
84
Top 10% of cohort in IL
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Mar 24, 1982
- Principal office
- 231 S. LASALLE STREET, 4TH FLOOR, CHICAGO, IL, 60604
- Phone
- 312-431-1700
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $16.16B
- Discretionary AUM
- $15.87B
- Non-discretionary AUM
- $287.4M
- Discretionary accounts
- 2,925
- Non-discretionary accounts
- 53
- Total accounts
- 2,978
- AUM per client
- $14.7M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 57 | $834.3M |
| Non-U.S. persons | Fewer than 5 | $0 |
| Insurance companies | 4 | $292.0M |
| Investment companies | 5 | $4.44B |
| Charitable organizations | 135 | $1.39B |
| Other investment advisers | Fewer than 5 | $43.2M |
| High net worth individuals | 150 | $1.74B |
| Pooled investment vehicles | 2 | $61.7M |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Pension and profit sharing plans | 54 | $3.19B |
| State or municipal government entities | 6 | $1.01B |
| Individuals (other than high net worth individuals) | 687 | $1.11B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Fixed fees
- Other (described) — FULCRUM FEE; ASSET-BASED FEE CONTINGENT ON PERFORMANCE
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- Yes
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 17, 2026 | Clients | 1,731 | 1,101 | decreased by630 |
| Apr 1, 2026 | Employees | 86 | 84 | decreased by2 |
| Apr 1, 2026 | Clients | 2,123 | 1,731 | decreased by392 |
| Apr 1, 2026 | AUM | $15,298,949,943 | $16,158,030,371 | increased by$859,080,428 |
| Apr 1, 2026 | Accounts | 3,771 | 2,978 | decreased by793 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 71 | 86 | increased by15 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 2,438 | 2,123 | decreased by315 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $9,986,005,023 | $15,298,949,943 | increased by$5,312,944,920 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 3,526 | 3,771 | increased by245 |
| Apr 1, 2022 | Employees | 73 | 71 | decreased by2 |
| Apr 1, 2022 | Clients | 2,425 | 2,438 | increased by13 |
| Apr 1, 2022 | AUM | $8,602,282,779 | $9,986,005,023 | increased by$1,383,722,244 |
| Apr 1, 2022 | Accounts | 3,429 | 3,526 | increased by97 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “GREAT LAKES” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“GREAT LAKES” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.