LaSalle St. Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 11–25 clients last fiscal year.
LaSalle St. Investment Advisors reports 14,284 clients. They include 12,817 individual clients, 894 high-net-worth individuals, and 469 pension and profit-sharing plans. Of its assets, 32.0% ($1.84B across 5,597 accounts) are managed with discretion; $3.91B across 8,687 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 90% | 44% |
| High-net-worth individuals | 6% | 47% |
| Pension and profit-sharing plans | 3% | 8% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 12,817 | $2.53B | 44.0% | $197K |
| High-net-worth individuals | 894 | $2.67B | 46.5% | $2.99M |
| Pension and profit-sharing plans | 469 | $483M | 8.4% | $1.03M |
| Charitable organizations | 5 | $1.87M | 0.0% | $375K |
| Corporations and other businesses | 99 | $61.7M | 1.1% | $623K |
| Total | 14,284 | $5.74B | 100% | $402K |
- Clients
- 12,817
- Regulatory AUM
- $2.53B
- AUM share
- 44.0%
- Avg. per client
- $197K
- Clients
- 894
- Regulatory AUM
- $2.67B
- AUM share
- 46.5%
- Avg. per client
- $2.99M
- Clients
- 469
- Regulatory AUM
- $483M
- AUM share
- 8.4%
- Avg. per client
- $1.03M
- Clients
- 5
- Regulatory AUM
- $1.87M
- AUM share
- 0.0%
- Avg. per client
- $375K
- Clients
- 99
- Regulatory AUM
- $61.7M
- AUM share
- 1.1%
- Avg. per client
- $623K
Total
- Clients
- 14,284
- Regulatory AUM
- $5.74B
- AUM share
- 100%
- Avg. per client
- $402K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
LaSalle St. Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is generally charged hourly, about $250 an hour, or as a fixed fee typically from $1,000 to $7,500.
- Qualified Plan Consulting Services
- Qualified plan consulting fees typically range from 0.20% to 1.00% of plan assets, charged in advance or arrears.
Lasalle St. Holdings, LLC ("LSH") Formerly owns 75% or more of LaSalle St. Investment Advisors. The leadership team of LaSalle St. Investment Advisors includes Chief Investment Officer Michael Drozd and Chief Compliance Officer Vincent Incerto. It has 155 employees, 146 of them in advisory roles.
Staff
- 155 employees
- 146 in advisory functions
- 146 state-registered reps
- 121 broker-dealer reps
- 125 insurance agents
- 6 soliciting firms
- Owns 75% or more of Lasalle St. Investment Advisors, L.L.C.
Lasalle St. Holdings, LLC ("LSH") Formerly
Control person · since April 1999
- Owns 50% to 75% of Lasalle St. Investment Advisors, L.L.C.
Daniel Schlesser
Control person · since November 1990
LaSalle St. Investment Advisors’ regulatory assets grew 2.7× from $2.13B (July 2021) to $5.74B (July 2026); clients rose from 5,826 to 14,284 and employees from 118 to 155.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $5.74B | 14,284 | 155 | 71 |
| Mar 2025March 2025 | $4.35B | 11,941 | 144 | 71 |
| Jul 2024July 2024 | $3.48B | 10,422 | 141 | 64 |
| Jun 2023June 2023 | $2.73B | 8,533 | 131 | 64 |
| Mar 2022March 2022 | $2.95B | 7,703 | 127 | 60 |
| Jul 2021July 2021 | $2.13B | 5,826 | 118 | 60 |
Besides its headquarters, LaSalle St. Investment Advisors has 70 offices, with 26 listed addresses across 14 states.
Illinois · 8 listed addresses
- 940 N. Industrial DR., ElmhurstHQ
- 5435 Bull Valley Road, McHenry
- 14 S. Hickory St., Frankfort
- 27575 Ferry Road, Warrenville
- 517 Chesterfield Lane, North Aurora
- 900 Jorie BLVD, Oak Brook
- 20646 Abbey Woods CT. N., Frankfort
- 2217b Lakeside Drive, Bannockburn
Indiana · 4 listed addresses
- 8555 River Road, Indianapolis
- 410 S Woodcrest, Bloomington
- 14417 Illinois RD, Fort Wayne
- 6464 Merchants DR., Laotto
Minnesota · 2 listed addresses
- 975 34th Ave NW, Rochester
- 14550 Excelsior BLVD, Minnetonka
New York · 2 listed addresses
- 634 Main Street, East Aurora
- 9092 Main Street, Clarence
Arkansas · 1 listed address
- 212 West Walnut Street, Paris
Iowa · 1 listed address
- 2202 Heritage Green DR, Hiawatha
Maryland · 1 listed address
- 809 Gleneagles Court, Baltimore
Nevada · 1 listed address
- 10845 Griffith Peak DR, Las Vegas
Ohio · 1 listed address
- 10750 Pearl RD, Strongsville
Oklahoma · 1 listed address
- 204 N. Robinson, Oklahoma City
Pennsylvania · 1 listed address
- 1000 Easton Road, Willow Grove
Rhode Island · 1 listed address
- 741 Westminster Street, Providence
Texas · 1 listed address
- 3300 South Broadway, Tyler
Wisconsin · 1 listed address
- 9800 W. Bluemond RD, Wauwatosa
Contact and registration details
- Legal name
- Lasalle St. Investment Advisors, L.L.C.
- Headquarters
- 940 N. Industrial DR., Elmhurst, IL 60126-1131
- Website
- lasallest.com
- Phone
- 630-600-0500
- @91907
- SEC file
- 801-33422
- Structure
- Delaware LLC
- Fiscal year end
- December
LaSalle St. Investment Advisors’ named custodians for separately managed accounts are Fidelity ($3.93B, 80%) and Fidelity ($991M, 20%). LaSalle St. Investment Advisors has custody of $5.74B for 14,284 clients.
- FidelityNational Financial Services LLC · Boston, MA · $3.93B80%
- FidelityFidelity Distributors Company LLC · Westlake, TX · $991M20%
At year end, LaSalle St. Investment Advisors’ separately managed accounts were largely in funds (43%) and stocks (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $818M across 429 positions; the largest are Vanguard Index Fds (11.4%), iShares TR (5.6%) and Vanguard Index Fds (3.3%).
What the accounts hold
- Stocks28%
- Exchange-traded equities20%
- Non-exchange-traded equities8%
- Funds43%
- Bonds17%
- U.S. government and agency bonds5%
- State and local bonds5%
- Investment grade corporate bonds5%
- High-yield corporate bonds2%
- Cash10%
- Other2%
- Derivatives2%
How many clients does LaSalle St. Investment Advisors have?
LaSalle St. Investment Advisors has 14,284 clients and manages $5.74 billion for them, as of July 2026. They include 12,817 individual clients, 894 high-net-worth individuals, and 469 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 July 2026
What services does LaSalle St. Investment Advisors offer?
LaSalle St. Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does LaSalle St. Investment Advisors use?
LaSalle St. Investment Advisors’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $3.93B and Fidelity Distributors Company LLC (Westlake, TX), with $991M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 July 2026
How many financial advisors does LaSalle St. Investment Advisors have?
LaSalle St. Investment Advisors has 146 investment adviser representatives registered with state securities authorities, out of 155 employees, and 146 perform investment advisory functions. 121 employees are registered representatives of a broker-dealer and 125 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 LaSalle St. Investment Advisors invest in?
At the end of its last fiscal year, LaSalle St. Investment Advisors’ separately managed accounts held 43% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 10% cash and equivalents, 8% non-exchange-traded equities, 5% U.S. government and agency bonds, 5% state and local bonds, 5% investment grade corporate bonds, 2% high-yield corporate bonds and 2% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns LaSalle St. Investment Advisors?
LaSalle St. Investment Advisors’ direct owners are Daniel Schlesser (50% to 75%) and Lasalle St. Holdings, LLC ("LSH") Formerly (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 July 2026
How does LaSalle St. Investment Advisors get paid?
LaSalle St. Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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 LaSalle St. Investment Advisors?
LaSalle St. Investment Advisors’ main office is at 940 N. Industrial DR., Elmhurst, IL 60126-1131. Its phone number is 630-600-0500. Its website is lasallest.com.
