{ "crd_number": 108233, "slug": "embree-financial-group-chicago-il-108233", "primary_business_name": "EMBREE FINANCIAL GROUP", "legal_name": "EMBREE FINANCIAL GROUP", "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": "2004-09-23", "years_registered": 22, "period": "2026-10-01", "filing_date": "2026-08-17", "carried_forward": false, "raum_total": 2644868887.0, "raum_discretionary": 2636416306.0, "raum_non_discretionary": 8452581.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 18, "advisory_employees": 13, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 507196.0, "count": 1, "description": "INVESTMENT CLUB", "fewer_than_5": true }, "individuals": { "raum": 153233691.0, "count": 472 }, "pension_profit_sharing": { "raum": 1312434214.0, "count": 88 }, "high_net_worth_individuals": { "raum": 1148215815.0, "count": 363 }, "corporations_other_businesses": { "raum": 30477971.0, "count": 12 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "financial_planning", "pension_consulting", "periodicals_newsletters", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 2, "states_registered": [ "AZ", "CA", "CO", "CT", "FL", "IA", "IL", "IN", "KS", "MI", "NC", "NH", "NJ", "NY", "OH", "OR", "PA", "SC", "TN", "TX", "VA", "WA", "WI" ], "websites": [ "https://embreefinancialgroup.com", "https://linkedin.com/COMPANY/EMBREE-FINANCIAL-GROUP" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108233", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" } ], "city_as_filed": "CHICAGO", "url": "https://advisorcensus.com/firm/embree-financial-group-chicago-il-108233", "display_name": "Embree Financial Group", "summary": "Embree Financial Group is an SEC-registered investment advisory firm in Chicago, IL, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 17, 2026.", "citation": "AdvisorCensus. Embree Financial Group (CRD 108233): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)", "Performance-based fees" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Publication of periodicals or newsletters" ], "quick_answers": [ { "q": "How is Embree Financial Group compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Embree Financial Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees." }, { "q": "Where is Embree Financial Group located?", "a": "Embree Financial Group's principal office is in Chicago, IL, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Embree Financial Group registered with the SEC or a state?", "a": "Embree Financial Group is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 108233." }, { "q": "How much does Embree Financial Group manage?", "a": "Embree Financial Group reports $2,644,868,887 in regulatory assets under management in its Form ADV filing dated August 17, 2026 (100% discretionary)." }, { "q": "How have Embree Financial Group's assets and staff changed since 2021?", "a": "In the Form ADV data for Embree Financial Group: Regulatory assets under management: $1,488,795,600 in the October 2021 data and $2,644,868,887 in the October 2026 data, up 78%. Total employees: 11 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Embree Financial Group serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (472); high net worth individuals (363); pension and profit sharing plans (but not the plan participants or government pension plans) (88)." }, { "q": "Which custodians does Embree Financial Group use?", "a": "Embree Financial 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 Embree Financial Group report any disciplinary disclosures?", "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108233" }, { "q": "What changed in Embree Financial Group's recent Form ADV filings?", "a": "In the September 2026 filing data: Employees performing advisory functions went from 14 to 13." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1488795600.0, "total_employees": 11, "filing_date": "2021-03-17" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1801626151.0, "total_employees": 15, "filing_date": "2022-03-21" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1627630690.0, "total_employees": 17, "filing_date": "2023-06-14" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2043409148.0, "total_employees": 19, "filing_date": "2024-09-18" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2282297500.0, "total_employees": 18, "filing_date": "2025-06-12" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2644868887.0, "total_employees": 18, "filing_date": "2026-08-17" } ], "recent_changes": [ { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "Employees performing advisory functions went from 14 to 13." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Regulatory assets under management went from $2,282,297,500 to $2,644,868,887 (+16%).", "Added an office in Pittsburgh, PA." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Employees performing advisory functions went from 13 to 14.", "Registered or notice-filed in KS." ] } ], "fees_from_brochure": null, "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/embree-financial-group-chicago-il-108233.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 472, "fewer_than_5": false, "raum": 153233691.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 363, "fewer_than_5": false, "raum": 1148215815.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 88, "fewer_than_5": false, "raum": 1312434214.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 12, "fewer_than_5": false, "raum": 30477971.0 }, { "type": "other", "label": "Other", "count": 1, "fewer_than_5": true, "raum": 507196.0 } ], "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.", "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/108233", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }