# 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.

- CRD: 114003
- Filed as: LINCOLN ADVISORY GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/114003
- AdvisorCensus page: https://advisorcensus.com/firm/lincoln-advisory-group-llc-chicago-il-114003

## Quick answers

**How 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

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

### Regulatory assets under management (Item 5.F)
- Total: $3,222,793,844
- Discretionary: $3,222,793,844
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $3,222,793,844 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2001 (24 years)
- Employees: 11 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- lincolnadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,733,728,528 | 8 | March 31, 2021 |
| October 2022 | $2,272,998,206 | 11 | March 30, 2022 |
| October 2023 | $2,896,931,217 | 11 | August 7, 2023 |
| October 2024 | $2,987,339,005 | 10 | March 28, 2024 |
| October 2025 | $3,150,121,588 | 10 | July 23, 2025 |
| October 2026 | $3,222,793,844 | 11 | March 24, 2026 |

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.

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lincoln Advisory Group, LLC (CRD 114003): Form ADV filing data as of October 2026.