# Alley Company

> Alley Company is an SEC-registered investment advisory firm in Lake Forest, IL, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 317544
- Filed as: ALLEY COMPANY
- Legal name: Alley Investment Management Company, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lake Forest, IL
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/317544
- AdvisorCensus page: https://advisorcensus.com/firm/alley-company-lake-forest-il-317544

## Quick answers

**How is Alley Company compensated?**
On its Form ADV (Item 5.E, October 2026), Alley Company reports these compensation arrangements: a percentage of assets under its management.

**Where is Alley Company located?**
Alley Company's principal office is in Lake Forest, IL, according to its Form ADV.

**Is Alley Company registered with the SEC or a state?**
Alley Company is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 317544.

**How much does Alley Company manage?**
Alley Company reports $907,186,338 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Alley Company's assets and staff changed since 2022?**
In the Form ADV data for Alley Company: Regulatory assets under management: $779,990,680 in the October 2022 data and $907,186,338 in the October 2026 data, up 16%. Total employees: 6 in October 2022 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Alley Company serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (125); individuals (other than high net worth individuals) (36); corporations or other businesses not listed above (6).

**Which custodians does Alley Company use?**
Alley Company'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 Alley Company 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/317544

**Does Alley Company state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "The minimum account size is $2,000,000. Alley Company reserves the right to waive the minimum account size in its sole discretion."

**What changed in Alley Company's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 5.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $2,000,000 (the brochure says it may be waived or negotiated)

> The minimum account size is $2,000,000. Alley Company reserves the right to waive the minimum account size in its sole discretion.

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: $907,186,338
- Discretionary: $907,186,338
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 36 | $14,148,848 |
| High net worth individuals | 125 | $830,359,299 |
| Charitable organizations | 3 | $19,940,224 |
| Corporations or other businesses not listed above | 6 | $42,737,967 |

### 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

### Firm details
- Registered since: 2021 (4 years)
- Employees: 9 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, FL, IL, MN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alleycompanyllc.com
- focusfinancialpartners.com
- LinkedIn @alley-company-llc
- LinkedIn @focus-financial-partners
- X @focusfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $779,990,680 | 6 | March 11, 2022 |
| October 2023 | $683,549,462 | 6 | September 25, 2023 |
| October 2024 | $765,472,925 | 8 | March 27, 2024 |
| October 2025 | $843,699,361 | 8 | March 25, 2025 |
| October 2026 | $907,186,338 | 9 | March 30, 2026 |

Regulatory assets under management: $779,990,680 in the October 2022 data and $907,186,338 in the October 2026 data, up 16%.
Total employees: 6 in October 2022 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 5.

### January 2026
- No longer registered or notice-filed in TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alley Company (CRD 317544): Form ADV filing data as of October 2026.