{ "crd_number": 300222, "slug": "hilco-investment-advisors-llc-northbrook-il-300222", "primary_business_name": "HILCO INVESTMENT ADVISORS, LLC", "legal_name": "HILCO INVESTMENT ADVISORS, LLC", "dbas": [], "city": "Northbrook", "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": "2026-10-01", "years_registered": 0, "period": "2026-10-01", "filing_date": "2026-09-02", "carried_forward": false, "raum_total": 313086836.0, "raum_discretionary": 0.0, "raum_non_discretionary": 313086836.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 160, "advisory_employees": 44, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 313086836.0, "count": null, "description": "PROPRIETARY ASSETS", "fewer_than_5": true } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "IL", "NY" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/300222", "city_as_filed": "NORTHBROOK", "url": "https://advisorcensus.com/firm/hilco-investment-advisors-llc-northbrook-il-300222", "display_name": "Hilco Investment Advisors, LLC", "summary": "Hilco Investment Advisors, LLC is an SEC-registered investment advisory firm in Northbrook, IL, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 2, 2026.", "citation": "AdvisorCensus. Hilco Investment Advisors, LLC (CRD 300222): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Hilco Investment Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Hilco Investment Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Hilco Investment Advisors, LLC located?", "a": "Hilco Investment Advisors, LLC's principal office is in Northbrook, IL, according to its Form ADV; the October 2026 filing also lists 5 other offices (Schedule D, Section 1.F)." }, { "q": "Is Hilco Investment Advisors, LLC registered with the SEC or a state?", "a": "Hilco Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 300222." }, { "q": "How much does Hilco Investment Advisors, LLC manage?", "a": "Hilco Investment Advisors, LLC reports $313,086,836 in regulatory assets under management in its Form ADV filing dated September 2, 2026 (0% discretionary)." }, { "q": "How have Hilco Investment Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Hilco Investment Advisors, LLC: Regulatory assets under management: $194,892,651 in the October 2021 data and $313,086,836 in the October 2026 data, up 61%. Total employees: 2 in October 2021 and 160 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "Does Hilco Investment 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/300222" }, { "q": "What changed in Hilco Investment Advisors, LLC's recent Form ADV filings?", "a": "In the September 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 194892651.0, "total_employees": 2, "filing_date": "2021-05-18" }, { "period": "2022-10-01", "regulatory_assets_under_management": 194220092.0, "total_employees": 23, "filing_date": "2022-09-15" }, { "period": "2023-10-01", "regulatory_assets_under_management": 143049572.0, "total_employees": 23, "filing_date": "2023-03-27" }, { "period": "2024-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2024-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 313086836.0, "total_employees": 160, "filing_date": "2026-09-02" } ], "recent_changes": [ { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Added an office in London.", "Added an office in Melbourne.", "Added an office in New York, NY.", "Added an office in Sydney.", "Added an office in Toronto.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/hilco-investment-advisors-llc-northbrook-il-300222.md", "clients": [ { "type": "other", "label": "Other", "count": null, "fewer_than_5": true, "raum": 313086836.0 } ], "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/300222", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }