AdvisorCensus / Financial advisors / Illinois / Chicago / Aaron Wealth Advisors
Aaron Wealth Advisors
Filed as AARON WEALTH ADVISORS · Legal name Aaron Wealth Advisors LLC
Aaron Wealth Advisors is an SEC-registered investment advisory firm in Chicago, IL, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated October 1, 2026.
Quick answers
From the filingHow is Aaron Wealth Advisors compensated?
On its Form ADV (Item 5.E, October 2026), Aaron Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Aaron Wealth Advisors located?
Aaron Wealth Advisors' principal office is in Chicago, IL, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F).
Is Aaron Wealth Advisors registered with the SEC or a state?
Aaron Wealth Advisors is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 298079.
How much does Aaron Wealth Advisors manage?
Aaron Wealth Advisors reports $4,288,292,230 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (94% discretionary).
How have Aaron Wealth Advisors' assets and staff changed since 2021?
In the Form ADV data for Aaron Wealth Advisors: Regulatory assets under management: $634,218,647 in the October 2021 data and $4,288,292,230 in the October 2026 data, up 576%. Total employees: 10 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Aaron Wealth Advisors serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (115); charitable organizations (44); individuals (other than high net worth individuals) (12).
Which custodians does Aaron Wealth Advisors use?
Aaron Wealth Advisors' 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 Aaron Wealth Advisors 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/298079
Does Aaron Wealth Advisors state an account minimum?
Its Form ADV Part 2A brochure dated February 20, 2026 says: "In general, we require a minimum of $10,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."
What changed in Aaron Wealth Advisors' recent Form ADV filings?
In the October 2026 filing data: Registered or notice-filed in FL. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $10,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
In general, we require a minimum of $10,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.
Minimum annual fee: $50,000
The brochure's wording
We charge a minimum fee in the amount of $50,000 to open and maintain an advisory account. At our discretion we may waive the minimum fee.
As stated in the firm's Form ADV Part 2A brochure dated February 20, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$4,288,292,230 as of October 2026, filing dated October 1, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Aaron Wealth Advisors LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2018 (8 years)
- Employees
- Total: 16. Performing investment advisory functions: 9.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
2 other offices, as of the October 2026 filing
- States registered or notice-filed
-
8 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $4,288,292,230 | 16 | October 1, 2026 |
| October 2025 | $2,607,024,926 | 16 | April 8, 2025 |
| October 2024 | $1,952,029,521 | 16 | September 10, 2024 |
| October 2023 | $1,589,522,371 | 13 | September 22, 2023 |
| October 2022 | $1,081,021,764 | 11 | August 11, 2022 |
| October 2021 | $634,218,647 | 10 | October 1, 2021 |
Regulatory assets under management: $634,218,647 in the October 2021 data and $4,288,292,230 in the October 2026 data, up 576%.
Total employees: 10 in October 2021 and 16 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Registered or notice-filed in FL.
- Updated its list of owners and control persons (Schedule A).
- March 2026
- Regulatory assets under management went from $2,607,024,926 to $4,288,292,230 (+64%).
- December 2025
- Registered or notice-filed in CO.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Aaron Wealth Advisors (CRD 298079): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/aaron-wealth-advisors-chicago-il-298079