{
  "crd_number": 110517,
  "slug": "leelyn-smith-llc-geneva-il-110517",
  "primary_business_name": "LEELYN SMITH, LLC",
  "legal_name": "LEELYN SMITH, LLC",
  "dbas": [
    "EMERGENT PARTNERS",
    "THE RETIREMENT NETWORK"
  ],
  "city": "Geneva",
  "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": "2018-06-14",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-04-12",
  "carried_forward": false,
  "raum_total": 852292185.0,
  "raum_discretionary": 852235391.0,
  "raum_non_discretionary": 56794.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 38,
  "advisory_employees": 14,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1725321.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 258800640.0,
      "count": 583
    },
    "pension_profit_sharing": {
      "raum": 3224241.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 588541983.0,
      "count": 216
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "GA",
    "IA",
    "IL",
    "IN",
    "MI",
    "NC",
    "NH",
    "OH",
    "SC",
    "TN",
    "TX",
    "VA",
    "WI"
  ],
  "websites": [
    "https://emergentpartnersls.com",
    "https://facebook.com/leelynsmith",
    "https://facebook.com/theretirementnetwork",
    "https://instagram.com/leelyn.smith",
    "https://leelynsmith.com",
    "https://linkedin.com/company/leelyn-smith",
    "https://linkedin.com/company/the-retirement-network",
    "https://theretirementnetwork.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110517",
  "city_as_filed": "GENEVA",
  "url": "https://advisorcensus.com/firm/leelyn-smith-llc-geneva-il-110517",
  "display_name": "Leelyn Smith, LLC",
  "summary": "Leelyn Smith, LLC is an SEC-registered investment advisory firm in Geneva, IL, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 12, 2026.",
  "citation": "AdvisorCensus. Leelyn Smith, LLC (CRD 110517): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Leelyn Smith, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Leelyn Smith, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "What does Leelyn Smith, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 20, 2026 states: Asset-based fee: 0.6% to 1.25% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Leelyn Smith, LLC located?",
      "a": "Leelyn Smith, LLC's principal office is in Geneva, IL, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Leelyn Smith, LLC registered with the SEC or a state?",
      "a": "Leelyn Smith, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 110517."
    },
    {
      "q": "How much does Leelyn Smith, LLC manage?",
      "a": "Leelyn Smith, LLC reports $852,292,185 in regulatory assets under management in its Form ADV filing dated April 12, 2026 (100% discretionary)."
    },
    {
      "q": "How have Leelyn Smith, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Leelyn Smith, LLC: Regulatory assets under management: $448,434,716 in the October 2021 data and $852,292,185 in the October 2026 data, up 90%. Total employees: 17 in October 2021 and 38 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Leelyn Smith, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (583); high net worth individuals (216)."
    },
    {
      "q": "Which custodians does Leelyn Smith, LLC use?",
      "a": "Leelyn Smith, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and LPL Financial LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Leelyn Smith, 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/110517"
    },
    {
      "q": "What changed in Leelyn Smith, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 20 to 14. Regulatory assets under management went from $722,181,779 to $852,292,185 (+18%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 448434716.0,
      "total_employees": 17,
      "filing_date": "2021-05-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 493127437.0,
      "total_employees": 20,
      "filing_date": "2022-07-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 466095202.0,
      "total_employees": 21,
      "filing_date": "2023-09-11"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 603362816.0,
      "total_employees": 19,
      "filing_date": "2024-04-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 722181779.0,
      "total_employees": 21,
      "filing_date": "2025-04-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 852292185.0,
      "total_employees": 38,
      "filing_date": "2026-04-12"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 20 to 14.",
        "Regulatory assets under management went from $722,181,779 to $852,292,185 (+18%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Registered or notice-filed in MI.",
        "No longer registered or notice-filed in AL."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 20, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.6% to 1.25% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.6% to 1.25% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The Registrant’s annual investment advisory fee is based upon a percentage (%) of the market value of the assets placed under the Registrant’s management, generally between 0.60% and 1.25%."
        ]
      }
    ],
    "quotes": [
      "The Registrant’s annual investment advisory fee is based upon a percentage (%) of the market value of the assets placed under the Registrant’s management, generally between 0.60% and 1.25%."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL 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/leelyn-smith-llc-geneva-il-110517.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 583,
      "fewer_than_5": false,
      "raum": 258800640.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 216,
      "fewer_than_5": false,
      "raum": 588541983.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3224241.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 1725321.0
    }
  ],
  "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/110517",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}