Sikich Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Sikich Capital Management reports 1,164 clients. They include 919 individual clients, 205 high-net-worth individuals and 26 charitable organizations. Of its assets, 100.0% ($1.18B across 2,482 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $83.6M. It advised 89 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 79% | 34% |
| High-net-worth individuals | 18% | 60% |
| Charitable organizations | 2% | 5% |
| 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) | 919 | $406M | 34.4% | $442K |
| High-net-worth individuals | 205 | $708M | 60.0% | $3.45M |
| Charitable organizations | 26 | $59.1M | 5.0% | $2.27M |
| Corporations and other businesses | 14 | $7.18M | 0.6% | $513K |
| Total | 1,164 | $1.18B | 100% | $1.01M |
- Clients
- 919
- Regulatory AUM
- $406M
- AUM share
- 34.4%
- Avg. per client
- $442K
- Clients
- 205
- Regulatory AUM
- $708M
- AUM share
- 60.0%
- Avg. per client
- $3.45M
- Clients
- 26
- Regulatory AUM
- $59.1M
- AUM share
- 5.0%
- Avg. per client
- $2.27M
- Clients
- 14
- Regulatory AUM
- $7.18M
- AUM share
- 0.6%
- Avg. per client
- $513K
Total
- Clients
- 1,164
- Regulatory AUM
- $1.18B
- AUM share
- 100%
- Avg. per client
- $1.01M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 89
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Sikich Capital Management 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 one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is billed hourly at $125 to $500 per hour, or as a fixed fee generally from $1,500 to $20,000; typically no extra fee with investment management.
Sikich LLC owns 75% or more of Sikich Capital Management. Robert Paoni is CEO; the leadership team includes Chief Compliance Officer Barry Stark. It has 22 employees, 18 of them in advisory roles.
Leadership
- Robert PaoniChief Executive Officer
- Barry StarkChief Compliance Officer
Investment adviser representatives
21 representatives listed in the SEC register as of 9 October 2026.
- Joseph Dean Connell
- Laura Bailey Culp
- Mark J Gilbert
- Jean Anne Golla
- Daniel Joshua Hamburger
- Valerie Ann Johnson
- Wade Allen Kaesebier
- Marie Schulz Marks
- Douglas Howard Mathey
- Connor McAndrew
- Jacob S Merton
- Robert Andrew Paoni
- Gretchen P Radach
- Thao LAN Ta Ring
- Michael Roy Sedlak
- Paul Edward Staniszewski
- Barry Craig Stark
- Valerie Celeste Turner
- Keith Patrick Walle
- Wesley Whamond
- Kelly Wiley
Staff
- 22 employees
- 18 in advisory functions
- 18 state-registered reps
- 7 broker-dealer reps
- 6 insurance agents
- Owns 75% or more of Sikich Capital Management LLC
Sikich LLC
Control person · since May 2024
Sikich Capital Management’s regulatory assets grew 2.7× from $440M (June 2021) to $1.18B (March 2026); clients rose from 269 to 1,164 and employees from 16 to 22. In 2023, Golden Trail Advisers joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.18B | 1,164 | 22 | 11 |
| March 2025 | $920M | 1,236 | 23 | 10 |
| May 2024 | $749M | 1,051 | 21 | 10 |
| March 2023 | $486M | 747 | 21 | 9 |
| March 2022 | $504M | 678 | 19 | 9 |
| June 2021 | $440M | 269 | 16 | 9 |
Firms that joined
20231 joined
- Golden Trail AdvisersNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Sikich Capital Management has 10 offices (1 private residence, listed without an address), with 10 listed addresses across 5 states.
Illinois · 6 listed addresses
- 3051 Hollis Drive, 3rd Floor, SpringfieldHQ
- 1415 W. Diehl RD., Naperville
- 101 S. State Street, Decatur
- 200 W. Madison Street, Chicago
- 11s250 S. Jackson Street, Burr Ridge
- 201 Clock Tower Drive, East Peoria
Indiana · 1 listed address
- 8555 N. River Road, Indianapolis
Missouri · 1 listed address
- 12655 Olive BLVD, St. Louis
Ohio · 1 listed address
- 4020 Kinross Lakes Parkway, Richfield
Wisconsin · 1 listed address
- 17335 Golf Parkway, Brookfield
Contact and registration details
- Legal name
- Sikich Capital Management LLC
- Headquarters
- 3051 Hollis Drive, 3rd Floor, Springfield, IL 62704
- Website
- sikich.com
- Phone
- 217-862-1843
- SEC file
- 801-110142
- Structure
- Delaware LLC
- Fiscal year end
- December
Sikich Capital Management uses Fidelity ($83.6M) as custodian for its separately managed accounts. Sikich Capital Management does not have custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $83.6M100%
At year end, Sikich Capital Management’s separately managed accounts were mostly in stocks (51%) and bonds (35%).
What the accounts hold
- Stocks51%
- Funds11%
- Bonds35%
- State and local bonds23%
- Investment grade corporate bonds7%
- U.S. government and agency bonds5%
- Cash3%
How many clients does Sikich Capital Management have?
Sikich Capital Management has 1,164 clients and manages $1.18 billion for them, as of March 2026. They include 919 individual clients, 205 high-net-worth individuals and 26 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Sikich Capital Management offer?
Sikich Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Sikich Capital Management use?
Sikich Capital Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $83.6M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Sikich Capital Management have?
Sikich Capital Management has 18 investment adviser representatives registered with state securities authorities, out of 22 employees, and 18 perform investment advisory functions. 7 employees are registered representatives of a broker-dealer and 6 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 Sikich Capital Management invest in?
At the end of its last fiscal year, Sikich Capital Management’s separately managed accounts held 51% exchange-traded equities, 23% state and local bonds, 11% registered funds (mutual funds, ETFs, BDCs), 7% investment grade corporate bonds, 5% U.S. government and agency bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sikich Capital Management?
Sikich Capital Management’s direct owner is Sikich LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Sikich Capital Management get paid?
Sikich Capital Management 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
Is Sikich Capital Management registered with the SEC?
Yes, Sikich Capital Management has been registered with the SEC as an investment adviser since 24 March 2017. Its CRD number is 142640 and its SEC file number is 801-110142.
Source: Form ADV Part 1A, Item 1, filed 27 March 2026; IAPD firm record
How do I contact Sikich Capital Management?
Sikich Capital Management’s main office is at 3051 Hollis Drive, 3rd Floor, Springfield, IL 62704. Its phone number is 217-862-1843. Its website is sikich.com.