# Liberty One Investment Management

> Liberty One Investment Management is an SEC-registered investment advisory firm in Libertyville, IL, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 14, 2026.

- CRD: 304290
- Filed as: LIBERTY ONE INVESTMENT MANAGEMENT
- Legal name: Liberty One Investment Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Libertyville, IL
- Filing period: October 2026
- Form ADV filing dated: March 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304290
- AdvisorCensus page: https://advisorcensus.com/firm/liberty-one-investment-management-libertyville-il-304290

## Quick answers

**How is Liberty One Investment Management compensated?**
On its Form ADV (Item 5.E, October 2026), Liberty One Investment Management 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 Liberty One Investment Management located?**
Liberty One Investment Management's principal office is in Libertyville, IL, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Liberty One Investment Management registered with the SEC or a state?**
Liberty One Investment Management is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304290.

**How much does Liberty One Investment Management manage?**
Liberty One Investment Management reports $1,052,112,840 in regulatory assets under management in its Form ADV filing dated March 14, 2026 (100% discretionary).

**How have Liberty One Investment Management's assets and staff changed since 2021?**
In the Form ADV data for Liberty One Investment Management: Regulatory assets under management: $866,211,308 in the October 2021 data and $1,052,112,840 in the October 2026 data, up 21%. Total employees: 14 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Liberty One Investment Management serve?**
By number of clients on Form ADV Item 5.D: other investment advisers (7); investment companies (3).

**Which custodians does Liberty One Investment Management use?**
Liberty One Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Pershing LLC as custodians holding 10% or more of its separately managed account assets.

**Does Liberty One Investment Management report any disciplinary disclosures?**
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/304290

**What changed in Liberty One Investment Management's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $2,378,579,630 to $1,052,112,840 (-56%). No longer lists an office in Chicago, IL.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Pershing 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: $1,052,112,840
- Discretionary: $1,052,112,840
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 3 | $85,415,167 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 7 | $966,697,673 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2019 (7 years)
- Employees: 20 total, 19 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, DE, FL, GA, IL, KY, LA, MA, MN, MO, NC, NE, NV, OH, OK, PA, TN, TX, UT, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Colorado Springs, CO
- Trupelo, MS

### Websites listed on Form ADV (Item 1.I)
- libertyoneetf.com
- libertyoneim.com
- LinkedIn @liberty-one-investment-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $866,211,308 | 14 | May 24, 2021 |
| October 2022 | $1,175,710,411 | 14 | May 10, 2022 |
| October 2023 | $1,451,718,459 | 17 | September 28, 2023 |
| October 2024 | $1,967,649,519 | 18 | August 12, 2024 |
| October 2025 | $2,378,579,630 | 19 | April 24, 2025 |
| October 2026 | $1,052,112,840 | 20 | March 14, 2026 |

Regulatory assets under management: $866,211,308 in the October 2021 data and $1,052,112,840 in the October 2026 data, up 21%.
Total employees: 14 in October 2021 and 20 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $2,378,579,630 to $1,052,112,840 (-56%).
- No longer lists an office in Chicago, IL.

### February 2026
- Registered or notice-filed in MN.

### December 2025
- Registered or notice-filed in UT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Liberty One Investment Management (CRD 304290): Form ADV filing data as of October 2026.