Chicago Capital Management Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Chicago Capital Management Advisors reports 620 clients. They include 562 individual clients, 54 high-net-worth individuals, and 4 corporations and other businesses. Of its assets, 100.0% ($135M across 618 accounts) are managed with discretion. It advised 618 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 91% | 60% |
| High-net-worth individuals | 9% | 38% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 562 | $80.5M | 59.5% | $143K |
| High-net-worth individuals | 54 | $51.9M | 38.4% | $961K |
| Corporations and other businesses | 4 | $2.83M | 2.1% | $709K |
| Total | 620 | $135M | 100% | $218K |
- Clients
- 562
- Regulatory AUM
- $80.5M
- AUM share
- 59.5%
- Avg. per client
- $143K
- Clients
- 54
- Regulatory AUM
- $51.9M
- AUM share
- 38.4%
- Avg. per client
- $961K
- Clients
- 4
- Regulatory AUM
- $2.83M
- AUM share
- 2.1%
- Avg. per client
- $709K
Total
- Clients
- 620
- Regulatory AUM
- $135M
- AUM share
- 100%
- Avg. per client
- $218K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 618
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Chicago Capital Management Advisors is paid through a percentage of assets under management and hourly charges. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Chicago Capital Investment Group, Inc owns 50% to 75% of Chicago Capital Management Advisors. The leadership team of Chicago Capital Management Advisors includes President Michael Grady and Chief Compliance Officer Daniel O'Halloran. It has 20 employees, 19 of them in advisory roles.
Staff
- 20 employees
- 19 in advisory functions
- 19 state-registered reps
- 13 broker-dealer reps
- 11 insurance agents
- Owns 50% to 75% of Chicago Capital Management Advisors, LLC
Chicago Capital Investment Group, Inc
Control person · since October 2023
- Owns 25% to 50% of Chicago Capital Management Advisors, LLC
LCM Holdings, Inc.
since August 2019
- Owns 10% to 25% of Chicago Capital Management Advisors, LLC
Michael Grady
Control person · since October 2002
- Owns 10% to 25% of Chicago Capital Management Advisors, LLC
Daniel O'Halloran
Control person · since October 2011
- Owns 10% to 25% of Chicago Capital Management Advisors, LLC
Kristopher Kessler
Control person · since October 2022
Chicago Capital Management Advisors’ regulatory assets grew from $110M (June 2024) to $135M (March 2026); clients rose from 529 to 620 and employees from 17 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $135M | 620 | 20 | 4 |
| Mar 2025March 2025 | $122M | 560 | 18 | 4 |
| Jun 2024June 2024 | $110M | 529 | 17 | 5 |
Besides its headquarters, Chicago Capital Management Advisors has 3 offices, with 4 listed addresses across 3 states.
Illinois · 2 listed addresses
- 4722 Main Street, LisleHQ
- 77 W. Washington, Chicago
California · 1 listed address
- 501 N. El Camino, San Clemente
Wisconsin · 1 listed address
- 1816 Gilkay St, Stevens Point
Contact and registration details
- Legal name
- Chicago Capital Management Advisors, LLC
- Headquarters
- 4722 Main Street, Lisle, IL 60532
- Website
- chicagomanagement.com
- Phone
- 630-241-1122
- SEC file
- 801-130438
- Structure
- Illinois LLC
- Fiscal year end
- December
Chicago Capital Management Advisors’ named custodians for separately managed accounts include Fidelity ($53M, 39%), Charles Schwab ($45M, 33%) and RBC Capital Markets ($14.4M, 11%). Chicago Capital Management Advisors does not have custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $53M39%
- Folio InvestmentsFolio Investments, Inc. · McLean, VA · $11.8M9%
- RBC Capital MarketsRBC Capital Markets, LLC · New York, NY · $14.4M11%
- Etc Brokerage ServicesEtc Brokerage Services, LLC · Westlake, OH · $10.7M8%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco,, CA · $45M33%
At year end, Chicago Capital Management Advisors’ separately managed accounts were mostly in stocks (60%) and cash (15%).
What the accounts hold
- Stocks60%
- Funds10%
- Bonds5%
- Cash15%
- Other5%
- Cd5%
Filed values cover 95%. The neutral 5% gap has no reported category.
How many clients does Chicago Capital Management Advisors have?
Chicago Capital Management Advisors has 620 clients and manages $135 million for them, as of March 2026. They include 562 individual clients, 54 high-net-worth individuals, and 4 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Chicago Capital Management Advisors offer?
Chicago Capital Management Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Chicago Capital Management Advisors use?
Chicago Capital Management Advisors’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $53M, Charles Schwab & Co., Inc. (San Francisco,, CA), with $45M, RBC Capital Markets, LLC (New York, NY), with $14.4M, Folio Investments, Inc. (McLean, VA), with $11.8M and Etc Brokerage Services, LLC (Westlake, OH), with $10.7M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Chicago Capital Management Advisors have?
Chicago Capital Management Advisors has 19 investment adviser representatives registered with state securities authorities, out of 20 employees, and 19 perform investment advisory functions. 13 employees are registered representatives of a broker-dealer and 11 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Chicago Capital Management Advisors invest in?
At the end of its last fiscal year, Chicago Capital Management Advisors’ separately managed accounts held 60% exchange-traded equities, 15% cash and equivalents, 10% registered funds (mutual funds, ETFs, BDCs), 5% U.S. government and agency bonds and 5% other. The 5% other category is described as: CD.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Chicago Capital Management Advisors?
Chicago Capital Management Advisors’ direct owners are Michael Grady (10% to 25%), Daniel O'Halloran (10% to 25%), LCM Holdings, Inc. (25% to 50%), Kristopher Kessler (10% to 25%) and Chicago Capital Investment Group, Inc (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Chicago Capital Management Advisors get paid?
Chicago Capital Management Advisors is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Chicago Capital Management Advisors?
Chicago Capital Management Advisors’ main office is at 4722 Main Street, Lisle, IL 60532. Its phone number is 630-241-1122. Its website is chicagomanagement.com.