# 103 Advisory Group

> 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.

- CRD: 314694
- Filed as: 103 ADVISORY GROUP
- Legal name: 103 Advisory Group LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: September 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/314694
- AdvisorCensus page: https://advisorcensus.com/firm/103-advisory-group-chicago-il-314694

## Quick answers

**How is 103 Advisory Group compensated?**
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).

**How much does 103 Advisory Group charge?**
Its Form ADV Part 2A brochure dated January 27, 2026 states: Flat fee: $15,000 to $50,000 (financial institution consulting). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is 103 Advisory Group located?**
103 Advisory Group's principal office is in Chicago, IL, according to its Form ADV.

**Is 103 Advisory Group registered with the SEC or a state?**
103 Advisory Group is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 314694.

**How much does 103 Advisory Group manage?**
103 Advisory Group reports $257,249,739 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary).

**How have 103 Advisory Group's assets and staff changed since 2022?**
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.

**What types of clients does 103 Advisory Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (49); high net worth individuals (40).

**Which custodians does 103 Advisory Group use?**
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.

**Does 103 Advisory Group report any disciplinary disclosures?**
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

**Does 103 Advisory Group state an account minimum?**
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."

**What changed in 103 Advisory Group's recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 3 to 2.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated January 27, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> There is a minimum account size of $1,000,000. The minimum account size is negotiable at the discretion of 103 Advisory Group.

- Minimum annual fee: $2,500

> There is a minimum annual fee of $2,500.00.

- Flat fee: $15,000 to $50,000 (financial institution consulting)

> 103 Advisory Group provides financial institution consulting services under a fixed fee arrangement. A mutually agreed upon fixed fee is charged for services ... range between $ 15,000 and $50,000

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $257,249,739
- Discretionary: $257,249,739
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 49 | $23,923,201 |
| High net worth individuals | 40 | $233,326,538 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IL, IN, NE, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- 103advisory.com
- LinkedIn @79894099

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $131,772,905 | 2 | April 13, 2022 |
| October 2023 | $143,677,119 | 3 | January 31, 2023 |
| October 2024 | $189,148,894 | 3 | July 9, 2024 |
| October 2025 | $224,762,592 | 3 | February 14, 2025 |
| October 2026 | $257,249,739 | 2 | September 29, 2026 |

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.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 3 to 2.

### February 2026
- Regulatory assets under management went from $224,762,592 to $257,249,739 (+14%).

### December 2025
- Registered or notice-filed in CA, IN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 103 Advisory Group (CRD 314694): Form ADV filing data as of October 2026.