{
  "crd_number": 28352,
  "slug": "landolt-securities-inc-lake-bluff-il-28352",
  "primary_business_name": "LANDOLT SECURITIES, INC.",
  "legal_name": "LANDOLT SECURITIES, INC.",
  "dbas": [
    "TORII ASSET MANAGEMENT",
    "WESTPORT ADVISORY GROUP"
  ],
  "city": "Lake Bluff",
  "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": "2026-02-23",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-06-29",
  "carried_forward": false,
  "raum_total": 137829035.0,
  "raum_discretionary": 137829035.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 14,
  "advisory_employees": 13,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 137829035.0,
      "count": 198
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "FL",
    "IL",
    "IN",
    "KS",
    "MD",
    "MN",
    "MO",
    "NC",
    "NY",
    "OH",
    "TX",
    "UT",
    "WI",
    "WY"
  ],
  "websites": [
    "https://landoltsecurities.com",
    "https://linksfinancialservices.com",
    "https://toriiassetmanagement.com",
    "https://westportadvisorygroup.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/28352",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "LAKE BLUFF",
  "url": "https://advisorcensus.com/firm/landolt-securities-inc-lake-bluff-il-28352",
  "display_name": "Landolt Securities, Inc.",
  "summary": "Landolt Securities, Inc. is an SEC-registered investment advisory firm in Lake Bluff, IL, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 29, 2026.",
  "citation": "AdvisorCensus. Landolt Securities, Inc. (CRD 28352): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Landolt Securities, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Landolt Securities, Inc. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Landolt Securities, Inc. located?",
      "a": "Landolt Securities, Inc.'s principal office is in Lake Bluff, IL, according to its Form ADV; the July 2026 filing also lists 5 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Landolt Securities, Inc. registered with the SEC or a state?",
      "a": "Landolt Securities, Inc. is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 28352."
    },
    {
      "q": "How much does Landolt Securities, Inc. manage?",
      "a": "Landolt Securities, Inc. reports $137,829,035 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Landolt Securities, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (198)."
    },
    {
      "q": "Which custodians does Landolt Securities, Inc. use?",
      "a": "Landolt Securities, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Landolt Securities, Inc. report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction), and 11.E(2) (self-regulatory organization's finding of a rule violation). 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/28352"
    },
    {
      "q": "What changed in Landolt Securities, Inc.'s recent Form ADV filings?",
      "a": "In the July 2026 filing data: Added the business name Westport Advisory Group. Employees performing advisory functions went from 10 to 13. Regulatory assets under management went from $105,626,273 to $137,829,035 (+30%). Added an office in Kansas City, MO."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added the business name Westport Advisory Group.",
        "Employees performing advisory functions went from 10 to 13.",
        "Regulatory assets under management went from $105,626,273 to $137,829,035 (+30%).",
        "Added an office in Kansas City, MO."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "RBC Capital Markets, LLC",
      "name_as_filed": "RBC CAPITAL MARKETS, LLC",
      "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/landolt-securities-inc-lake-bluff-il-28352.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 198,
      "fewer_than_5": false,
      "raum": 137829035.0
    }
  ],
  "disclosure_line": "Reports 3 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/28352",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}