AdvisorCensus / Financial advisors / Illinois / Chicago / Adams Street Advisors, LLC
Adams Street Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 24, 2026.
Quick answers
From the filingHow is Adams Street Advisors, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Adams Street Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Adams Street Advisors, LLC located?
Adams Street Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV; the July 2026 filing also lists 8 other offices (Schedule D, Section 1.F).
Is Adams Street Advisors, LLC registered with the SEC or a state?
Adams Street Advisors, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333783.
How much does Adams Street Advisors, LLC manage?
Adams Street Advisors, LLC reports $672,092,504 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (100% discretionary).
How have Adams Street Advisors, LLC's assets and staff changed since 2025?
In the Form ADV data for Adams Street Advisors, LLC: Total employees: 295 in October 2025 and 318 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Adams Street Advisors, LLC serve?
By number of clients on Form ADV Item 5.D: investment companies (1); pooled investment vehicles (other than investment companies and business development companies) (1).
Does Adams Street Advisors, LLC 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/333783
What changed in Adams Street Advisors, LLC's recent Form ADV filings?
In the July 2026 filing data: Regulatory assets under management went from $524,153,593 to $672,092,504 (+28%).
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
- Performance-based 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 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated June 24, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$672,092,504 as of October 2026, filing dated June 24, 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 investment companies (and business development companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 318. Performing investment advisory functions: 190.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
8 other offices, as of the July 2026 filing
- States registered or notice-filed
-
5 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 | $672,092,504 | 318 | June 24, 2026 |
| October 2025 | Not reported | 295 | January 9, 2025 |
Total employees: 295 in October 2025 and 318 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- July 2026
- Regulatory assets under management went from $524,153,593 to $672,092,504 (+28%).
- April 2026
- Employees performing advisory functions went from 142 to 190.
- Added an office in Hong Kong Island.
- Updated its list of owners and control persons (Schedule A).
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. Adams Street Advisors, LLC (CRD 333783): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/adams-street-advisors-llc-chicago-il-333783