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LFL ADVISERS, LLC
CRD 163963File 801-107937
APPROVED
Custody
Filing as of Mar 17, 2026
Feed vintage Aug 17, 2026
Regulatory AUM
$506.8M
Above cohort median (national)
Discretionary AUM
$506.8M
Clients
4
4 accounts
Employees
3
Below cohort median in IL
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Jun 10, 2016
- Principal office
- 1560 SHERMAN AVE, SUITE 530, EVANSTON, IL, 60201
- Phone
- 8478688750
- Website
- Not reported
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $506.8M
- Discretionary AUM
- $506.8M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 4
- Non-discretionary accounts
- 0
- Total accounts
- 4
- AUM per client
- $126.7M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | Fewer than 5 | $131.9M |
| Pooled investment vehicles | 1 | $278.2M |
| State or municipal government entities | Fewer than 5 | $96.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Other (described) — PERFORMANCE-BASED PROFIT ALLOCATION
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Portfolio management for businesses
- Portfolio management for pooled investment vehicles
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- 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 |
|---|---|---|---|
| Aug 12, 2026 | Registration | — | APPROVED |
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.