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BANKERS LIFE ADVISORY SERVICES, INC.
CRD 281285File 801-106953
APPROVED
Retail clients
Disclosure events
Filing as of Mar 31, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$2.49B
Top 25% of cohort (national)
Discretionary AUM
$2.46B
Non-discretionary $25.4M
Clients
14,314
18,608 accounts
Employees
433
Above cohort median in IL
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Nov 18, 2015
- Principal office
- 303 E. WACKER DRIVE, STE 500, CHICAGO, IL, 60601
- Phone
- 844-553-9083
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $2.49B
- Discretionary AUM
- $2.46B
- Non-discretionary AUM
- $25.4M
- Discretionary accounts
- 18,569
- Non-discretionary accounts
- 39
- Total accounts
- 18,608
- AUM per client
- $174K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 5 | $99.3M |
| Pension and profit sharing plans | 39 | $25.4M |
| Individuals (other than high net worth individuals) | 14,270 | $2.36B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Other (described) — NON-DISCRETIONARY INVESTMENT CONSULTING SERVICES
- A percentage of assets under your management
Advisory activities
- Other
- Financial planning services
- Selection of other advisers
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11- Q11D2
- Q11D4
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 384 | 433 | increased by49 |
| Apr 1, 2026 | Clients | 11,822 | 14,314 | increased by2,492 |
| Apr 1, 2026 | AUM | $1,943,847,697 | $2,487,262,961 | increased by$543,415,264 |
| Apr 1, 2026 | Accounts | 14,938 | 18,608 | increased by3,670 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 346 | 384 | increased by38 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 9,792 | 11,822 | increased by2,030 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $1,180,598,287 | $1,943,847,697 | increased by$763,249,410 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 9,792 | 14,938 | increased by5,146 |
| Apr 1, 2022 | Employees | 340 | 346 | increased by6 |
| Apr 1, 2022 | Clients | 5,257 | 9,792 | increased by4,535 |
| Apr 1, 2022 | AUM | $790,745,851 | $1,180,598,287 | increased by$389,852,436 |
| Apr 1, 2022 | Accounts | 5,517 | 9,792 | increased by4,275 |
| 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 “BANKERS LIFE” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“BANKERS LIFE” 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.