Mesirow Financial Investment Management: AUM & Ownership

Clients

Mesirow Financial Investment Management serves 90,291 clients, 14,040 of them high-net-worth individuals. The average client has about $559,000 with the firm, and high-net-worth clients hold 26% of its $50.4 billion in assets.

Regulatory assets by client type

High-net-worth individuals14,040 clients26%
Pooled investment vehicles5 clients6%
Pension and profit-sharing plans76,209 clients68%
OtherIndividuals, Charitable organizations, Corporations and other businesses0%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
Individuals (other than HNW)	16	$3,564,000	0.0%	$223K
High-net-worth individuals	14,040	$12,974,635,000	25.7%	$924K
Pooled investment vehicles	5	$2,890,619,000	5.7%	$578.1M
Pension and profit-sharing plans	76,209	$34,403,629,000	68.2%	$451K
Charitable organizations	10	$62,710,000	0.1%	$6.27M
Corporations and other businesses	11	$103,218,000	0.2%	$9.38M
Total	90,291	$50,438,375,000	100%	$559K

Individuals (other than HNW)

Clients: 16
Regulatory AUM: $3,564,000
Share: 0.0%
Avg. per client: $223K

High-net-worth individuals

Clients: 14,040
Regulatory AUM: $12,974,635,000
Share: 25.7%
Avg. per client: $924K

Pooled investment vehicles

Clients: 5
Regulatory AUM: $2,890,619,000
Share: 5.7%
Avg. per client: $578.1M

Pension and profit-sharing plans

Clients: 76,209
Regulatory AUM: $34,403,629,000
Share: 68.2%
Avg. per client: $451K

Charitable organizations

Clients: 10
Regulatory AUM: $62,710,000
Share: 0.1%
Avg. per client: $6.27M

Corporations and other businesses

Clients: 11
Regulatory AUM: $103,218,000
Share: 0.2%
Avg. per client: $9.38M

Total

Clients: 90,291
Regulatory AUM: $50,438,375,000
Share: 100%
Avg. per client: $559K

What it does

Mesirow Financial Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting and selecting other managers. It is paid through a percentage of assets and performance-based fees.

Mesirow Financial Investment Management provided financial planning to 2,500 clients last fiscal year and advises 6 private funds.

97.5% of assets ($49.20B across 89,163 accounts) are managed with discretion; $1.24B across 1,128 accounts are not. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Stocks7%
Funds16%
Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
Cash1%
Other72%
- Cmo, uit, adr, variable annuities72%

Filed values cover 99%. The neutral 1% gap has no reported category.

Custodians

Mesirow Financial Investment Management’s client accounts are held mainly at Fidelity, with 14% of managed assets. Mesirow Financial Investment Management has custody of $7.31B for 4,705 clients.

Managed account assets by custodian

FidelityNational Financial Services LLC · Boston, MA · $7.20B14%
All other custodians$43.24B86%

Ownership and leadership

Mesirow Financial Services owns 75% or more of Mesirow Financial Investment Management.

Who owns the firm

Mesirow Financial Investment Management, Inc.· the adviser

Mesirow Financial Services,
Control person · since March 1986
Owns 75% or more of Mesirow Financial Investment Management, Inc.
Mesirow Financial Services, Inc.
Control person · since March 1986
Owns 75% or more of Mesirow Financial Investment Management, Inc.
- Mesirow Financial Holdings, Inc.
  Control person · since March 1986
  Owns 75% or more of Mesirow Financial Services, Inc.

Leadership

Michael Annin
Fiduciary Solutions Department, President
Jesse Keig
Chief Financial Officer/Director
James Shields
Chief Compliance Officer
Alasdair Cripps
Real Estate Direct Investments
Alasdair Cripps
Real Estate Direct Investments Department, CEO and Co-Chief Investment Officer
Lee Gordon
Wealth Management Department, Chairman
Joseph Hoffman
Currency Management Department,
Richard Price
Director/Executive Chairman/CEO
Brian Price
Head of Advisory Services

Staff

161 employees
116 in advisory functions
82 state-registered reps
101 broker-dealer reps
20 insurance agents
4 soliciting firms

Reported holdings

Mesirow Financial Investment Management’s reported 13F holdings total $6.37B across 529 positions, and the ten largest make up 35.5% of it.

$6.37B
Reported 13F value: 529
Positions: 35.5%
In the 10 largest: +3.1%
Value vs. prior quarter

Ten largest positions, share of reported value

Berkshire Hathaway Inc. Del · CL B New7.7%
Apple Inc.4.6%
Vaneck ETF Trust · Mrngstr Wde Moat4.3%
iShares TR · Core S&P Scp ETF3.8%
Alphabet Inc. · Cap Stk CL C3.1%
iShares TR · Core S&P500 ETF2.9%
iShares TR · Core S&P Ttl Stk2.8%
Vanguard Index Fds · S&P 500 ETF Shs2.4%
Alphabet Inc. · Cap Stk CL A2.1%
Microsoft Corp.1.8%

Together, the ten largest are 35.5% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 22 July 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $6.37B is not its $50.44B in regulatory assets and does not represent any individual client's portfolio.

Fees

Mesirow Financial Investment Management is paid through a percentage of assets under management and performance-based fees.

Mesirow Financial Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Mesirow Financial Investment Management has 11 offices (8 private residences, listed without an address), with 4 listed addresses across 3 states.

Listed office addresses by state

Illinois · 2 listed addresses

353 N. Clark ST, ChicagoHQ
610 Central Ave., Highland Park

Registration details

Legal name: Mesirow Financial Investment Management, Inc.
Headquarters: 353 N. Clark ST, Chicago, IL 60654
Phone: 800-621-4421
Website: mesirowfinancial.com
SEC file: 801-27047
Structure: Illinois corporation
Fiscal year end: March

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Mesirow Financial Investment Management have?

Mesirow Financial Investment Management has 90,291 clients and manages $50.4 billion for them, as of July 2026. They include 76,209 pension and profit-sharing plans, 14,040 high-net-worth individuals and 16 other individuals.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 July 2026

What services does Mesirow Financial Investment Management offer?

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Mesirow Financial Investment Management use?

Mesirow Financial Investment Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $7,203,238,264. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 July 2026

How many financial advisors does Mesirow Financial Investment Management have?

Mesirow Financial Investment Management has 82 investment adviser representatives registered with state securities authorities, out of 161 employees, and 116 perform investment advisory functions. 101 are registered representatives of a broker-dealer and 20 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 Mesirow Financial Investment Management invest in?

At the end of its last fiscal year, Mesirow Financial Investment Management’s separately managed accounts held 72% cmo, uit, adr, variable annuities, 16% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% cash and equivalents. It advises 6 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Mesirow Financial Investment Management?

Mesirow Financial Investment Management is owned through a holding company by Mesirow Financial Holdings, Inc. Its direct owners are Mesirow Financial Services (75% or more) and Mesirow Financial Services, Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 7 July 2026

How does Mesirow Financial Investment Management get paid?

Mesirow Financial Investment Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file