{
  "crd_number": 108668,
  "slug": "gresham-partners-llc-chicago-il-108668",
  "primary_business_name": "GRESHAM PARTNERS, LLC",
  "legal_name": "GRESHAM PARTNERS, 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": "1997-09-25",
  "years_registered": 29,
  "period": "2026-10-01",
  "filing_date": "2026-07-16",
  "carried_forward": false,
  "raum_total": 13802530029.0,
  "raum_discretionary": 8417800627.0,
  "raum_non_discretionary": 5384729402.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 67,
  "advisory_employees": 26,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 7495064.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 3222427035.0,
      "count": 197
    },
    "pooled_investment_vehicles": {
      "raum": 10572607930.0,
      "count": 54
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CT",
    "FL",
    "IL",
    "LA",
    "MI",
    "NY",
    "TX"
  ],
  "websites": [
    "https://greshampartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108668",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/gresham-partners-llc-chicago-il-108668",
  "display_name": "Gresham Partners, LLC",
  "summary": "Gresham Partners, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 1997, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 16, 2026.",
  "citation": "AdvisorCensus. Gresham Partners, LLC (CRD 108668): 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 pooled investment vehicles (other than investment companies)",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Gresham Partners, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Gresham Partners, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Gresham Partners, LLC located?",
      "a": "Gresham Partners, LLC's principal office is in Chicago, IL, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Gresham Partners, LLC registered with the SEC or a state?",
      "a": "Gresham Partners, LLC is an SEC-registered investment advisory firm, registered since 1997. Status as filed: Approved. CRD 108668."
    },
    {
      "q": "How much does Gresham Partners, LLC manage?",
      "a": "Gresham Partners, LLC reports $13,802,530,029 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (61% discretionary)."
    },
    {
      "q": "How have Gresham Partners, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Gresham Partners, LLC: Regulatory assets under management: $8,098,410,623 in the October 2021 data and $13,802,530,029 in the October 2026 data, up 70%. Total employees: 47 in October 2021 and 67 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Gresham Partners, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (197); pooled investment vehicles (other than investment companies and business development companies) (54)."
    },
    {
      "q": "Which custodians does Gresham Partners, LLC use?",
      "a": "Gresham Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Gresham Partners, 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/108668"
    },
    {
      "q": "What changed in Gresham Partners, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 23 to 26. Regulatory assets under management went from $11,650,765,321 to $13,802,530,029 (+18%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 8098410623.0,
      "total_employees": 47,
      "filing_date": "2021-07-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 9517104046.0,
      "total_employees": 49,
      "filing_date": "2022-07-21"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 9527145166.0,
      "total_employees": 64,
      "filing_date": "2023-08-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 10381704421.0,
      "total_employees": 68,
      "filing_date": "2024-04-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 11650765321.0,
      "total_employees": 64,
      "filing_date": "2025-07-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 13802530029.0,
      "total_employees": 67,
      "filing_date": "2026-07-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 23 to 26.",
        "Regulatory assets under management went from $11,650,765,321 to $13,802,530,029 (+18%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 16, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$180,000",
    "figures": [
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $180,000"
        ],
        "quotes": [
          "Gresham generally imposes a minimum annual fee of $180,000 for services it provides to Clients, but the minimum annual fee may be waived or modified at Gresham’s discretion."
        ]
      }
    ],
    "quotes": [
      "Gresham generally imposes a minimum annual fee of $180,000 for services it provides to Clients, but the minimum annual fee may be waived or modified at Gresham’s discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity",
      "name_as_filed": "FIDELITY",
      "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/gresham-partners-llc-chicago-il-108668.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 197,
      "fewer_than_5": false,
      "raum": 3222427035.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 54,
      "fewer_than_5": false,
      "raum": 10572607930.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 7495064.0
    }
  ],
  "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/108668",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}