Studio Investment Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 251–500 clients last fiscal year.
Studio Investment Management reports 355 clients. They include 180 high-net-worth individuals, 149 individual clients and 19 state or municipal government entities. Of its assets, 100.0% ($903M across 961 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 6% |
| High-net-worth individuals | 51% | 72% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 1% | 2% |
| State or municipal government entities | 5% | 20% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 149 | $54.8M | 6.1% | $368K |
| High-net-worth individuals | 180 | $649M | 71.8% | $3.6M |
| Pension and profit-sharing plans | Fewer than 5 | $4.29M | 0.5% | $4.29M |
| Charitable organizations | 5 | $18.4M | 2.0% | $3.68M |
| State or municipal government entities | 19 | $176M | 19.5% | $9.27M |
| Corporations and other businesses | 1 | $651K | 0.1% | $651K |
| Total | 355 | $903M | 100% | — |
- Clients
- 149
- Regulatory AUM
- $54.8M
- AUM share
- 6.1%
- Avg. per client
- $368K
- Clients
- 180
- Regulatory AUM
- $649M
- AUM share
- 71.8%
- Avg. per client
- $3.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.29M
- AUM share
- 0.5%
- Avg. per client
- $4.29M
- Clients
- 5
- Regulatory AUM
- $18.4M
- AUM share
- 2.0%
- Avg. per client
- $3.68M
- Clients
- 19
- Regulatory AUM
- $176M
- AUM share
- 19.5%
- Avg. per client
- $9.27M
- Clients
- 1
- Regulatory AUM
- $651K
- AUM share
- 0.1%
- Avg. per client
- $651K
Total
- Clients
- 355
- Regulatory AUM
- $903M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 251–500
Studio Investment Management charges 0.50%–1.25% a year for its Investment Advisory Services. The fee is billed in arrears and is not negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Investment Consulting and Financial Planning
- Investment consulting and financial planning are offered for a fixed fee, which the brochure does not state as an amount.
Studio Associates, LLC owns 50% to 75% of Studio Investment Management and is in turn owned by Michael Wolcott (75% or more). The leadership team of Studio Investment Management includes Chief Compliance Officer Michael Wolcott. It has 9 employees, 4 of them in advisory roles.
Leadership
- Michael WolcottManaging Principal and Chief Compliance Officer
- Neha HoweryPrincipal
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 9 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Studio Investment Management, LLC
Studio Associates, LLC
Control person · since September 2020
- Owns 75% or more of Studio Associates, LLC
Michael Wolcott
Control person · since September 2020
- Owns 25% to 50% of Studio Investment Management, LLC
Studio Holdings LLC
since September 2020
- Owns 75% or more of Studio Holdings LLC
Chicago Cap, LLC
Control person · since May 2019
- Owns 75% or more of Chicago Cap, LLC
Chicago Capital, LLC
Control person · since June 2018
- Owns 75% or more of Chicago Capital, LLC
Chi-Cap, LLC
Control person · since December 2018
- Owns 75% or more of Chi-Cap, LLC
Mabie 2014 Gift Trust U/A/D 7/31/2014
Control person · since June 2018
Studio Investment Management’s regulatory assets grew 2.1× from $438M (June 2021) to $903M (October 2026); clients rose from 148 to 355 and employees from 6 to 9. In 2021, Gantzert Investment Company,l.l.c. (Gantzert Investment) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| October 2026 | $903M | 355 | 9 | 3 |
| March 2025 | $832M | 341 | 10 | 4 |
| March 2024 | $716M | 310 | 9 | 4 |
| April 2023 | $458M | 195 | 9 | 3 |
| March 2022 | $488M | 162 | 6 | 2 |
| June 2021 | $438M | 148 | 6 | 2 |
Firms that joined
20211 joined
- Gantzert Investment Company,l.l.c. (Gantzert Investment)No 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, Studio Investment Management has 2 offices, with 3 listed addresses in Illinois.
Illinois · 3 listed addresses
- 1901 N. Clybourn Ave., Suite 202, ChicagoHQ
- 1000 Essington Road, Joliet
- 654 1st Street, La Salle
Other business names
Studio Investment Management has reported 1 other business name to the SEC.
- Studio
Contact and registration details
- Legal name
- Studio Investment Management, LLC
- Headquarters
- 1901 N. Clybourn Ave., Suite 202, Chicago, IL 60614
- Website
- studioinvestment.com
- Phone
- 312-399-0828
- @studio-investment-management
- SEC file
- 801-121558
- Structure
- Illinois LLC
- Fiscal year end
- December
Studio Investment Management uses Charles Schwab ($896M) as custodian for its separately managed accounts. Studio Investment Management has custody of $422M in client assets for 203 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $896M100%
At year end, Studio Investment Management’s separately managed accounts were largely in stocks (38%) and funds (38%). Its reported 13F holdings for the quarter ended 30 June 2026 total $592M across 181 positions; the largest are Vanguard Short-term Inflation-protected ETF (15.9%), Vanguard Dividend Appreciation ETF (5.7%) and Vanguard Value ETF (5.7%).
What the accounts hold
- Stocks38%
- Funds38%
- Bonds21%
- Sovereign bonds18%
- State and local bonds2%
- U.S. government and agency bonds1%
- Cash3%
Reported 13F holdings
- $592M
- Reported 13F value
- 181
- Positions
- 48.2%
- In the 10 largest
- +6.7%
- Value vs. prior quarter
- Vanguard Short-term Inflation-protected ETF · Strm Infproidx15.9%
- Vanguard Dividend Appreciation ETF · Div App ETF5.7%
- Vanguard Value ETF · Value ETF5.7%
- Dfa International Core Equity 2 ETF · Intl Core Equity3.6%
- Schwab Fundamental Intl Lg Co ETF · Fundamental Intl3.4%
- Vanguard Small-cap Value ETF · SM CP Val ETF3.1%
- Alphabet Inc. Class A · Cap Stk CL A2.9%
- Vanguard Short-term Treasury ETF · Short Term Treas2.9%
- Dimensional Short-duration Fixed Income ETF · Short Duration F2.7%
- Berkshire Hathaway Inc. Class B · CL B New2.4%
Together, the ten largest are 48.2% of reported value.
How many clients does Studio Investment Management have?
Studio Investment Management has 355 clients and manages $903 million for them, as of October 2026. They include 180 high-net-worth individuals, 149 individual clients and 19 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 October 2026
What services does Studio Investment Management offer?
Studio Investment Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Studio Investment Management charge?
Studio Investment Management charges 0.50%–1.25% a year for its Investment Advisory Services. The fee is billed in arrears and is not negotiable.
Source: STUDIO INVESTMENT MANAGEMENT - FORM ADV PART 2A, filed 1 October 2026
Which custodians does Studio Investment Management use?
Studio Investment Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $896M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 October 2026
How many financial advisors does Studio Investment Management have?
Studio Investment Management has 4 investment adviser representatives registered with state securities authorities, out of 9 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Studio Investment Management invest in?
At the end of its last fiscal year, Studio Investment Management’s separately managed accounts held 38% exchange-traded equities, 38% registered funds (mutual funds, ETFs, BDCs), 18% sovereign bonds, 3% cash and equivalents, 2% state and local bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Studio Investment Management?
Studio Investment Management is owned through a chain of holding companies by Michael Wolcott and Mabie 2014 Gift Trust U/A/D 7/31/2014. Its direct owners are Studio Associates, LLC (50% to 75%) and Studio Holdings LLC (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 1 October 2026
How does Studio Investment Management get paid?
Studio Investment Management is paid through a percentage of assets under management 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 Studio Investment Management?
Studio Investment Management’s main office is at 1901 N. Clybourn Ave., Suite 202, Chicago, IL 60614. Its phone number is 312-399-0828. Its website is studioinvestment.com.