AdvisorCensus / Financial advisors / Illinois / Chicago / Lasalle ST. Investment Advisors, L.L.C.
Lasalle ST. Investment Advisors, L.L.C.
Filed as LASALLE ST. INVESTMENT ADVISORS, L.L.C.
Lasalle ST. Investment Advisors, L.L.C. is an SEC-registered investment advisory firm in Elmhurst, IL, registered since 1989, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 29, 2026.
Quick answers
From the filingHow is Lasalle ST. Investment Advisors, L.L.C. compensated?
On its Form ADV (Item 5.E, October 2026), Lasalle ST. Investment Advisors, L.L.C. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Lasalle ST. Investment Advisors, L.L.C. located?
Lasalle ST. Investment Advisors, L.L.C.'s principal office is in Elmhurst, IL, according to its Form ADV; the August 2026 filing also lists 24 other offices (Schedule D, Section 1.F).
Is Lasalle ST. Investment Advisors, L.L.C. registered with the SEC or a state?
Lasalle ST. Investment Advisors, L.L.C. is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 109701.
How much does Lasalle ST. Investment Advisors, L.L.C. manage?
Lasalle ST. Investment Advisors, L.L.C. reports $5,742,301,554 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (32% discretionary).
How have Lasalle ST. Investment Advisors, L.L.C.'s assets and staff changed since 2021?
In the Form ADV data for Lasalle ST. Investment Advisors, L.L.C.: Regulatory assets under management: $2,130,664,032 in the October 2021 data and $5,742,301,554 in the October 2026 data, up 170%. Total employees: 118 in October 2021 and 155 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Lasalle ST. Investment Advisors, L.L.C. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (12,817); high net worth individuals (894); pension and profit sharing plans (but not the plan participants or government pension plans) (469).
Which custodians does Lasalle ST. Investment Advisors, L.L.C. use?
Lasalle ST. Investment Advisors, L.L.C.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Distributors Company LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Lasalle ST. Investment Advisors, L.L.C. report any disciplinary disclosures?
Reports 8 disclosure items on Form ADV Item 11: yes answers to 8 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.D(5), 11.E(2)). 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/109701
What changed in Lasalle ST. Investment Advisors, L.L.C.'s recent Form ADV filings?
In the August 2026 filing data: Registered or notice-filed in ND, SD.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$5,742,301,554 as of October 2026, filing dated July 29, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1989 (37 years)
- Employees
- Total: 155. Performing investment advisory functions: 146.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
24 other offices, as of the August 2026 filing
- States registered or notice-filed
-
49 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 118 Reports 8 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.C(1) Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 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(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 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. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $5,742,301,554 | 155 | July 29, 2026 |
| October 2025 | $4,346,509,887 | 144 | March 28, 2025 |
| October 2024 | $3,475,023,837 | 141 | July 30, 2024 |
| October 2023 | $2,728,117,681 | 131 | June 9, 2023 |
| October 2022 | $2,947,616,140 | 127 | March 30, 2022 |
| October 2021 | $2,130,664,032 | 118 | July 27, 2021 |
Regulatory assets under management: $2,130,664,032 in the October 2021 data and $5,742,301,554 in the October 2026 data, up 170%.
Total employees: 118 in October 2021 and 155 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- August 2026
- Registered or notice-filed in ND, SD.
- April 2026
- Employees performing advisory functions went from 137 to 146.
- Regulatory assets under management went from $4,346,509,887 to $5,742,301,554 (+32%).
- Added an office in Clarence, NY.
- Added an office in Oak Brook, IL.
- No longer lists an office in Kokomo, IN.
- No longer lists an office in Odessa, TX.
- February 2026
- Registered or notice-filed in WY.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Lasalle ST. Investment Advisors, L.L.C. (CRD 109701): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/lasalle-st-investment-advisors-l-l-c-elmhurst-il-109701