{
  "crd_number": 314694,
  "slug": "103-advisory-group-chicago-il-314694",
  "primary_business_name": "103 ADVISORY GROUP",
  "legal_name": "103 ADVISORY GROUP LLC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-04-08",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-09-29",
  "carried_forward": false,
  "raum_total": 257249739.0,
  "raum_discretionary": 257249739.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 23923201.0,
      "count": 49
    },
    "high_net_worth_individuals": {
      "raum": 233326538.0,
      "count": 40
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "IL",
    "IN",
    "NE",
    "TX"
  ],
  "websites": [
    "https://103advisory.com",
    "https://linkedin.com/company/79894099/admin/dashboard"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/314694",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/103-advisory-group-chicago-il-314694",
  "display_name": "103 Advisory Group",
  "summary": "103 Advisory Group is an SEC-registered investment advisory firm in Chicago, IL, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 29, 2026.",
  "citation": "AdvisorCensus. 103 Advisory Group (CRD 314694): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is 103 Advisory Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), 103 Advisory Group reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is 103 Advisory Group located?",
      "a": "103 Advisory Group's principal office is in Chicago, IL, according to its Form ADV."
    },
    {
      "q": "Is 103 Advisory Group registered with the SEC or a state?",
      "a": "103 Advisory Group is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 314694."
    },
    {
      "q": "How much does 103 Advisory Group manage?",
      "a": "103 Advisory Group reports $257,249,739 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have 103 Advisory Group's assets and staff changed since 2022?",
      "a": "In the Form ADV data for 103 Advisory Group: Regulatory assets under management: $131,772,905 in the October 2022 data and $257,249,739 in the October 2026 data, up 95%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does 103 Advisory Group serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (49); high net worth individuals (40)."
    },
    {
      "q": "Which custodians does 103 Advisory Group use?",
      "a": "103 Advisory Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does 103 Advisory Group report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/314694"
    },
    {
      "q": "Does 103 Advisory Group state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 27, 2026 says: \"There is a minimum account size of $1,000,000. The minimum account size is negotiable at the discretion of 103 Advisory Group.\""
    },
    {
      "q": "What changed in 103 Advisory Group's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Employees performing advisory functions went from 3 to 2."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 131772905.0,
      "total_employees": 2,
      "filing_date": "2022-04-13"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 143677119.0,
      "total_employees": 3,
      "filing_date": "2023-01-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 189148894.0,
      "total_employees": 3,
      "filing_date": "2024-07-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 224762592.0,
      "total_employees": 3,
      "filing_date": "2025-02-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 257249739.0,
      "total_employees": 2,
      "filing_date": "2026-09-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 2."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $224,762,592 to $257,249,739 (+14%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in CA, IN."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 27, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$2,500",
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "There is a minimum account size of $1,000,000. The minimum account size is negotiable at the discretion of 103 Advisory Group."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $2,500"
        ],
        "quotes": [
          "There is a minimum annual fee of $2,500.00."
        ]
      }
    ],
    "quotes": [
      "There is a minimum account size of $1,000,000. The minimum account size is negotiable at the discretion of 103 Advisory Group.",
      "There is a minimum annual fee of $2,500.00."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/103-advisory-group-chicago-il-314694.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 49,
      "fewer_than_5": false,
      "raum": 23923201.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 40,
      "fewer_than_5": false,
      "raum": 233326538.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/314694",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}