{
  "crd_number": 106720,
  "slug": "fiducient-advisors-llc-chicago-il-106720",
  "primary_business_name": "FIDUCIENT ADVISORS LLC",
  "legal_name": "FIDUCIENT ADVISORS LLC",
  "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": "1995-03-27",
  "years_registered": 31,
  "period": "2026-10-01",
  "filing_date": "2026-07-24",
  "carried_forward": false,
  "raum_total": 97541531200.0,
  "raum_discretionary": 52462188996.0,
  "raum_non_discretionary": 45079342204.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 210,
  "advisory_employees": 78,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 17472667250.0,
      "count": 341
    },
    "individuals": {
      "raum": 39323655.0,
      "count": 171
    },
    "pension_profit_sharing": {
      "raum": 46802283024.0,
      "count": 205
    },
    "high_net_worth_individuals": {
      "raum": 33093810277.0,
      "count": 518
    },
    "corporations_other_businesses": {
      "raum": 133446994.0,
      "count": 4
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://fiducientadvisors.com",
    "https://linkedin.com/COMPANY/Fiducient-Advisors",
    "https://vimeo.com/fiducientadvisors",
    "https://youtube.com/@fiducientadvisors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106720",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/fiducient-advisors-llc-chicago-il-106720",
  "display_name": "Fiducient Advisors LLC",
  "summary": "Fiducient Advisors LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 1995, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 24, 2026.",
  "citation": "AdvisorCensus. Fiducient Advisors LLC (CRD 106720): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "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 pooled investment vehicles (other than investment companies)",
    "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",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Fiducient Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fiducient Advisors LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Fiducient Advisors LLC located?",
      "a": "Fiducient Advisors LLC's principal office is in Chicago, IL, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Fiducient Advisors LLC registered with the SEC or a state?",
      "a": "Fiducient Advisors LLC is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 106720."
    },
    {
      "q": "How much does Fiducient Advisors LLC manage?",
      "a": "Fiducient Advisors LLC reports $97,541,531,200 in regulatory assets under management in its Form ADV filing dated July 24, 2026 (54% discretionary)."
    },
    {
      "q": "How have Fiducient Advisors LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Fiducient Advisors LLC: Regulatory assets under management: $28,304,259,860 in the October 2021 data and $97,541,531,200 in the October 2026 data, up 245%. Total employees: 172 in October 2021 and 210 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Fiducient Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (518); charitable organizations (341); pension and profit sharing plans (but not the plan participants or government pension plans) (205)."
    },
    {
      "q": "Which custodians does Fiducient Advisors LLC use?",
      "a": "Fiducient Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Investments and US Bank as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Fiducient Advisors LLC report any disciplinary disclosures?",
      "a": "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/106720"
    },
    {
      "q": "What changed in Fiducient Advisors LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 82 to 78. Regulatory assets under management went from $67,638,977,771 to $97,541,531,200 (+44%). Changed its office addresses in Boston, MA. Changed its office addresses in McLean, VA. Changed its office addresses in Windsor, CT."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 28304259860.0,
      "total_employees": 172,
      "filing_date": "2021-08-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 37875893266.0,
      "total_employees": 187,
      "filing_date": "2022-04-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 40020772510.0,
      "total_employees": 215,
      "filing_date": "2023-08-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 55897061358.0,
      "total_employees": 218,
      "filing_date": "2024-06-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 67638977771.0,
      "total_employees": 218,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 97541531200.0,
      "total_employees": 210,
      "filing_date": "2026-07-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 82 to 78.",
        "Regulatory assets under management went from $67,638,977,771 to $97,541,531,200 (+44%).",
        "Changed its office addresses in Boston, MA.",
        "Changed its office addresses in McLean, VA.",
        "Changed its office addresses in Windsor, CT."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Investments",
      "name_as_filed": "FIDELITY INVESTMENTS",
      "affiliated": false
    },
    {
      "name": "US Bank",
      "name_as_filed": "US BANK",
      "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/fiducient-advisors-llc-chicago-il-106720.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 171,
      "fewer_than_5": false,
      "raum": 39323655.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 518,
      "fewer_than_5": false,
      "raum": 33093810277.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 205,
      "fewer_than_5": false,
      "raum": 46802283024.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 341,
      "fewer_than_5": false,
      "raum": 17472667250.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": false,
      "raum": 133446994.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/106720",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}