AdvisorCensus / Financial advisors / Illinois / Chicago / Lincoln Advisory Group, LLC
Lincoln Advisory Group, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2001, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.
Quick answers
From the filingHow is Lincoln Advisory Group, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Lincoln Advisory Group, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Lincoln Advisory Group, LLC located?
Lincoln Advisory Group, LLC's principal office is in Chicago, IL, according to its Form ADV.
Is Lincoln Advisory Group, LLC registered with the SEC or a state?
Lincoln Advisory Group, LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 114003.
How much does Lincoln Advisory Group, LLC manage?
Lincoln Advisory Group, LLC reports $3,222,793,844 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).
How have Lincoln Advisory Group, LLC's assets and staff changed since 2021?
In the Form ADV data for Lincoln Advisory Group, LLC: Regulatory assets under management: $1,733,728,528 in the October 2021 data and $3,222,793,844 in the October 2026 data, up 86%. Total employees: 8 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.
Does Lincoln Advisory Group, LLC 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/114003
What changed in Lincoln Advisory Group, LLC's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 8 to 9.
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
- Performance-based 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 2ASee the firm's brochure (dated March 24, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$3,222,793,844 as of October 2026, filing dated March 24, 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- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2001 (24 years)
- Employees
- Total: 11. Performing investment advisory functions: 9.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on 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 | $3,222,793,844 | 11 | March 24, 2026 |
| October 2025 | $3,150,121,588 | 10 | July 23, 2025 |
| October 2024 | $2,987,339,005 | 10 | March 28, 2024 |
| October 2023 | $2,896,931,217 | 11 | August 7, 2023 |
| October 2022 | $2,272,998,206 | 11 | March 30, 2022 |
| October 2021 | $1,733,728,528 | 8 | March 31, 2021 |
Regulatory assets under management: $1,733,728,528 in the October 2021 data and $3,222,793,844 in the October 2026 data, up 86%.
Total employees: 8 in October 2021 and 11 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- April 2026
- Employees performing advisory functions went from 8 to 9.
- January 2026
- No longer registered or notice-filed in TX.
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. Lincoln Advisory Group, LLC (CRD 114003): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/lincoln-advisory-group-llc-chicago-il-114003