# Landolt Securities, Inc.

> 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.

- CRD: 28352
- Filed as: LANDOLT SECURITIES, INC.
- Also doing business as: TORII ASSET MANAGEMENT, WESTPORT ADVISORY GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lake Bluff, IL
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/28352
- AdvisorCensus page: https://advisorcensus.com/firm/landolt-securities-inc-lake-bluff-il-28352

## Quick answers

**How is Landolt Securities, Inc. compensated?**
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.

**Where is Landolt Securities, Inc. located?**
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).

**Is Landolt Securities, Inc. registered with the SEC or a state?**
Landolt Securities, Inc. is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 28352.

**How much does Landolt Securities, Inc. manage?**
Landolt Securities, Inc. reports $137,829,035 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary).

**What types of clients does Landolt Securities, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (198).

**Which custodians does Landolt Securities, Inc. use?**
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.

**Does Landolt Securities, Inc. report any disciplinary disclosures?**
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

**What changed in Landolt Securities, Inc.'s recent Form ADV filings?**
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.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- RBC Capital Markets, LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $137,829,035
- Discretionary: $137,829,035
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 198 | $137,829,035 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 14 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, IN, KS, MD, MN, MO, NC, NY, OH, TX, UT, WI, WY
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): 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?
- 11.D(5): 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?
- 11.E(2): 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?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/28352

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Kansas City, MO
- Maple Plain, MN
- Naperville, IL
- Park City, UT
- West Bend, WI

### Websites listed on Form ADV (Item 1.I)
- landoltsecurities.com
- linksfinancialservices.com
- toriiassetmanagement.com
- westportadvisorygroup.com

## Changes in the filing (last 12 months)

### July 2026
- 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.

### March 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Landolt Securities, Inc. (CRD 28352): Form ADV filing data as of October 2026.