Clients
Zacks Investment Management serves 3,741 clients, 1,293 of them high-net-worth individuals. The average client has about $3.9 million with the firm, and high-net-worth clients hold 24% of its $14.6 billion in assets.
- Individuals2,051 clients7%
- High-net-worth individuals1,293 clients24%
- Investment companies8 clients6%
- Other investment advisers179 clients16%
- Other14 clients45%
- OtherPooled investment vehicles, Pension and profit-sharing plans, Charitable organizations, State or municipal government entities, Corporations and other businesses3%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,051 | $1,005,943,572 | 6.9% | $490K |
| High-net-worth individuals | 1,293 | $3,482,463,714 | 23.9% | $2.69M |
| Investment companies | 8 | $809,077,560 | 5.5% | $101.1M |
| Pooled investment vehicles | 2 | $14,118,114 | 0.1% | $7.06M |
| Pension and profit-sharing plans | 111 | $175,196,937 | 1.2% | $1.58M |
| Charitable organizations | 2 | $28,546,062 | 0.2% | $14.3M |
| State or municipal government entities | 2 | $42,487,474 | 0.3% | $21.2M |
| Other investment advisers | 179 | $2,405,164,681 | 16.5% | $13.4M |
| Corporations and other businesses | 79 | $130,151,898 | 0.9% | $1.65M |
| Other | 14 | $6,496,406,601 | 44.5% | $464.0M |
| Total | 3,741 | $14,589,556,613 | 100% | $3.90M |
- Clients
- 2,051
- Regulatory AUM
- $1,005,943,572
- Share
- 6.9%
- Avg. per client
- $490K
- Clients
- 1,293
- Regulatory AUM
- $3,482,463,714
- Share
- 23.9%
- Avg. per client
- $2.69M
- Clients
- 8
- Regulatory AUM
- $809,077,560
- Share
- 5.5%
- Avg. per client
- $101.1M
- Clients
- 2
- Regulatory AUM
- $14,118,114
- Share
- 0.1%
- Avg. per client
- $7.06M
- Clients
- 111
- Regulatory AUM
- $175,196,937
- Share
- 1.2%
- Avg. per client
- $1.58M
- Clients
- 2
- Regulatory AUM
- $28,546,062
- Share
- 0.2%
- Avg. per client
- $14.3M
- Clients
- 2
- Regulatory AUM
- $42,487,474
- Share
- 0.3%
- Avg. per client
- $21.2M
- Clients
- 179
- Regulatory AUM
- $2,405,164,681
- Share
- 16.5%
- Avg. per client
- $13.4M
- Clients
- 79
- Regulatory AUM
- $130,151,898
- Share
- 0.9%
- Avg. per client
- $1.65M
- Clients
- 14
- Regulatory AUM
- $6,496,406,601
- Share
- 44.5%
- Avg. per client
- $464.0M
Total
- Clients
- 3,741
- Regulatory AUM
- $14,589,556,613
- Share
- 100%
- Avg. per client
- $3.90M
What it does
Zacks Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities. It is paid through a percentage of assets, fixed fees and performance-based fees.
Zacks Investment Management provided financial planning to 26–50 clients last fiscal year and advises 2 private funds.
100.0% of assets ($14.59B across 12,368 accounts) are managed with discretion. $11.14B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 25 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks95%
- Bonds4%
- U.S. government and agency bonds1%
- State and local bonds1%
- Sovereign bonds1%
- Investment grade corporate bonds1%
- Cash1%
Custodians
Zacks Investment Management’s client accounts are held mainly at Charles Schwab, with 32% of managed assets, and Fidelity, with 25%. Zacks Investment Management has custody of client assets.
- LPL FinancialLPL Financial LLC · Boston, MA · $2.03B14%
- Wells Fargo SecuritiesWells Fargo Securities, LLC · Charlotte, NC · $1.73B12%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $4.60B32%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $3.63B25%
- All other custodians$2.59B18%
Ownership and leadership
Zacks Investment Research, Inc. owns 75% or more of Zacks Investment Management.
- Owns 75% or more of Zacks Investment Management, Inc.
Zacks Investment Research, Inc.
Control person · since March 1995
- Owns 75% or more of Zacks Investment Research, Inc.
The Greenwood Trust
Control person · since June 2000
Francine Zacks
Trustee · since June 2000
Leadership
- Mitchel ZacksPresident
- Donald RalphChief Financial Officer
- Frank LanzaChief Compliance Officer
- Leonard ZacksDirector
Staff
- 132 employees
- 11 in advisory functions
- 78 state-registered reps
- 53 broker-dealer reps
- 1 soliciting firm
Reported holdings
Zacks Investment Management’s reported 13F holdings total $14.06B across 724 positions, and the ten largest make up 26.9% of it.
- $14.06B
- Reported 13F value
- 724
- Positions
- 26.9%
- In the 10 largest
- +12.8%
- Value vs. prior quarter
- Apple Inc.4.4%
- Nvidia Corporation4.0%
- Alphabet Inc. · Cap Stk CL A3.8%
- Microsoft Corp.3.0%
- Broadcom Inc.2.2%
- Caterpillar Inc.2.2%
- JPMORGAN Chase & CO2.1%
- Amazon Com Inc.1.9%
- Walmart Inc.1.7%
- Meta Platforms Inc. · CL A1.7%
Together, the ten largest are 26.9% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $14.06B is not its $14.59B in regulatory assets and does not represent any individual client's portfolio.
Fees
Zacks Investment Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Zacks 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, Zacks Investment Management has 19 offices, with 20 listed addresses across 16 states.
California · 3 listed addresses
- 888 Prospect Street, La Jolla
- Century Plaza Towers, 2029 Century Park E, Los Angeles
- 580 California Street, San Francisco
Florida · 2 listed addresses
- 111 N Orange Ave, Orlando
- 2255 Glades Road, Boca Raton
Texas · 2 listed addresses
- 12 Greenway Plaza, Houston
- 100 Crescent Court, Dallas
Arizona · 1 listed address
- 2375 East Camelback Road, Phoenix
Colorado · 1 listed address
- 720 S Colorado BLVD, Penthouse North, Denver
Georgia · 1 listed address
- 3455 Peachtree Road North East, Atlanta
Illinois · 1 listed address
- 101 N. Wacker Drive, Suite 1500, ChicagoHQ
Indiana · 1 listed address
- 201 North Illinois Street, Indianapolis
Massachusetts · 1 listed address
- 101 Federal Street, Boston
Minnesota · 1 listed address
- 121 N Main Street, Minneapolis
Nebraska · 1 listed address
- 1299 Farnam Street, Omaha
New York · 1 listed address
- 136 Madison Avenue, New York
Ohio · 1 listed address
- 201 E Fifth Street, Cincinnati
Utah · 1 listed address
- 222 S Main Street, 5th Floor, Salt Lake City
Virginia · 1 listed address
- 2000 Duke Street, Alexandria
Washington · 1 listed address
- 701 5th Avenue, Seattle
Registration details
- Legal name
- Zacks Investment Management, Inc.
- Headquarters
- 101 N. Wacker Drive, Suite 1500, Chicago, IL 60606
- Phone
- 312-265-9266
- Website
- Not reported
- SEC file
- 801-40592
- Structure
- Illinois corporation
- Fiscal year end
- February
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 Zacks Investment Management have?
Zacks Investment Management has 3,741 clients and manages $14.6 billion for them, as of May 2026. They include 2,051 other individuals, 1,293 high-net-worth individuals and 179 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 May 2026
What services does Zacks Investment Management offer?
Zacks Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Zacks Investment Management use?
Zacks Investment Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $4,604,928,125, Fidelity Brokerage Services LLC (Smithfield, RI), with $3,626,759,898, LPL Financial LLC (Boston, MA), with $2,030,823,851 and Wells Fargo Securities, LLC (Charlotte, NC), with $1,732,054,490. 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 May 2026
How many financial advisors does Zacks Investment Management have?
Zacks Investment Management has 78 investment adviser representatives registered with state securities authorities, out of 132 employees, and 11 perform investment advisory functions. 53 are registered representatives of a broker-dealer and 0 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 Zacks Investment Management invest in?
At the end of its last fiscal year, Zacks Investment Management’s separately managed accounts held 95% exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds, 1% sovereign bonds, 1% investment grade corporate bonds and 1% cash and equivalents. It advises 2 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 Zacks Investment Management?
Zacks Investment Management’s direct owner is Zacks Investment Research, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 May 2026
How does Zacks Investment Management get paid?
Zacks Investment Management is paid through a percentage of assets under management, fixed fees 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