Skip to content

John Souter

Managing Member and Chief Compliance Officer at Rail-Splitter Capital Management in Winnetka, IL

Investment adviser registrationUpdated

John Souter is Managing Member and Chief Compliance Officer of Rail-Splitter Capital Management LLC, an investment adviser managing $484M, and works from its Winnetka, IL office. John Souter has been registered as an investment adviser representative through Rail-Splitter Capital Management since 3 March 2026, has 2 years in the industry across 2 firms and has passed the Series 7, Series 63 and Series 65.

2
Years in industry
0
Years at firm
2
Adviser firms
1
States registered

From the IAPD record, checked 22 October 2026SEC record

Career

John Souter has been Managing Member and Chief Compliance Officer of Rail-Splitter Capital Management since September 2025, is a control person of the firm and directly owns between 10% and 25% of it.

Rail-Splitter Capital Management LLC is a Winnetka, IL firm with $484M under management, 34 clients and 3 advisers in one office, as of its June 2026 filing.

John Souter’s longest registration was 1 year at Delta Investment Management, LLC (2024–2026). Before joining Rail-Splitter Capital Management in 2026, John Souter was registered through Delta Investment Management, LLC.

  1. – present · under a year
    Winnetka, IL · Adviser representative · Firm CRD 338394
  2. Delta Investment Management, LLC
    – · 1 year
    Chicago, IL · Adviser representative · Firm CRD 149596

Credentials and registrations

Investment adviser representative registrations

John Souter is registered as an investment adviser representative in Illinois, since March 2026.

  • IllinoisSince 3 March 2026

Examinations

Series 6525 July 2023
Name
Uniform Investment Adviser Law Examination
Series 631 October 1997
Name
Uniform Securities Agent State Law Examination
Series 77 August 1997
Name
General Securities Representative Examination

Key facts

Full name
John Robert Souter
CRD
1702122
Role
Managing Member and Chief Compliance Officer
Office
588 LINCOLN AVENUE, SUITE 200, Winnetka, IL 60093
Registration
Investment adviser registration
In the industry since
July 2024
Disciplinary history
Not yet shown here · SEC record

Common questions

Where does John Souter work?

John Souter has been Managing Member and Chief Compliance Officer of Rail-Splitter Capital Management LLC since September 2025, and is a control person of the firm.

Source: Form ADV, Schedule A, filed 24 June 2026

Is John Souter a financial advisor?

Yes. John Souter has a current investment-adviser registration in Illinois, through Rail-Splitter Capital Management since March 2026.

Source: IAPD individual record, checked 22 October 2026

How many years of experience does John Souter have?

John Souter has 2 years in the financial industry, since July 2024, across 2 adviser firms.

Source: IAPD individual record, checked 22 October 2026

What exams has John Souter passed?

John Souter has passed 3 licensing exams: the Series 7, Series 63 and Series 65. The earliest, the Series 7, was passed in August 1997.

Source: IAPD individual record, checked 22 October 2026

Where is John Souter based?

John Souter’s registered office is in Winnetka, IL.

Source: IAPD individual record, checked 22 October 2026

Is John Souter registered with FINRA?

No. John Souter has no current broker registration.

Source: IAPD individual record, checked 22 October 2026

How can I verify John Souter’s record?

Search CRD 1702122 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes John Souter’s full registration record.

Source: IAPD individual record, checked 22 October 2026

Leadership at Rail-Splitter Capital Management

Sources

  1. IAPD individual record, CRD 1702122, checked 22 October 2026. Registration status, employment history and examinations.
  2. Form ADV Part 1A, Schedules A and B of Rail-Splitter Capital Management LLC, filed 24 June 2026. Title, control and ownership bands.