{
  "crd_number": 101080,
  "slug": "midwestern-securities-trading-co-llc-east-peoria-il-101080",
  "primary_business_name": "MIDWESTERN SECURITIES TRADING CO.,LLC",
  "legal_name": "MIDWESTERN SECURITIES TRADING COMPANY, LLC",
  "dbas": [],
  "city": "East Peoria",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "37900",
  "metro": {
    "cbsa_code": "37900",
    "common_name": "Peoria",
    "msa_name": "Peoria, IL",
    "path": "/advisors/il/peoria"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-04-18",
  "years_registered": 13,
  "period": "2026-10-01",
  "filing_date": "2026-06-24",
  "carried_forward": false,
  "raum_total": 1984884160.0,
  "raum_discretionary": 1113502995.0,
  "raum_non_discretionary": 871381165.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 105,
  "advisory_employees": 43,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 1441252729.0,
      "count": 11466
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 450114473.0,
      "count": 243
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 93516958.0,
      "count": 138
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://facebook.com/BradfordWealthManagement",
    "https://facebook.com/FNBAssetManagement",
    "https://facebook.com/HeartlandFinancialServices",
    "https://facebook.com/HendricksCountyWealthAdvisors",
    "https://facebook.com/INVESTWITHJGA",
    "https://facebook.com/SFB-Investment-Center-103081078920887",
    "https://facebook.com/cbwealthpartners",
    "https://facebook.com/investwithgraymont",
    "https://facebook.com/legacyfinancialservicesWI",
    "https://facebook.com/midwesternsecurities",
    "https://facebook.com/tfcwealthmanagement",
    "https://facebook.com/tremontfirstfinancialservices",
    "https://investwithjga.com",
    "https://linkedin.com/COMPANY/10307859",
    "https://linkedin.com/COMPANY/1960488",
    "https://linkedin.com/company/legacy-financial-services-wi",
    "https://midwesternsecurities.com",
    "https://youtube.com/channel/UCMdPt52ZJqZzv6LWegN3Kzw",
    "https://youtube.com/channel/UCjYdZQCBySmKXCpbF3g5c4w"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/101080",
  "city_as_filed": "EAST PEORIA",
  "url": "https://advisorcensus.com/firm/midwestern-securities-trading-co-llc-east-peoria-il-101080",
  "display_name": "Midwestern Securities Trading Co.,llc",
  "summary": "Midwestern Securities Trading Co.,llc is an SEC-registered investment advisory firm in East Peoria, IL, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 24, 2026.",
  "citation": "AdvisorCensus. Midwestern Securities Trading Co.,llc (CRD 101080): 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)",
    "Commissions",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Midwestern Securities Trading Co.,llc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Midwestern Securities Trading Co.,llc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions; other."
    },
    {
      "q": "Where is Midwestern Securities Trading Co.,llc located?",
      "a": "Midwestern Securities Trading Co.,llc's principal office is in East Peoria, IL, according to its Form ADV; the July 2026 filing also lists 71 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Midwestern Securities Trading Co.,llc registered with the SEC or a state?",
      "a": "Midwestern Securities Trading Co.,llc is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 101080."
    },
    {
      "q": "How much does Midwestern Securities Trading Co.,llc manage?",
      "a": "Midwestern Securities Trading Co.,llc reports $1,984,884,160 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (56% discretionary)."
    },
    {
      "q": "How have Midwestern Securities Trading Co.,llc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Midwestern Securities Trading Co.,llc: Regulatory assets under management: $834,000,000 in the October 2021 data and $1,984,884,160 in the October 2026 data, up 138%. Total employees: 53 in October 2021 and 105 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Midwestern Securities Trading Co.,llc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (11,466); high net worth individuals (243); corporations or other businesses not listed above (138)."
    },
    {
      "q": "Which custodians does Midwestern Securities Trading Co.,llc use?",
      "a": "Midwestern Securities Trading Co.,llc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists FCCS as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Midwestern Securities Trading Co.,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/101080"
    },
    {
      "q": "What changed in Midwestern Securities Trading Co.,llc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 41 to 43. Regulatory assets under management went from $1,627,322,417 to $1,984,884,160 (+22%). Added an office in Breese, IL. Added an office in Dalton City, IL. Added an office in Havana, IL. Added an office in Niantic, IL. Added an office in Rockford, IL. Added an office in Washington, IL. No longer lists an office in Eddyville, KY. No longer lists an office in Greenville, IL. No longer lists an office in Princeton, KY. No longer lists an office in Winnebago, IL. Registered or notice-filed in MT, NJ, WY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 834000000.0,
      "total_employees": 53,
      "filing_date": "2021-09-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1062726678.0,
      "total_employees": 54,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1012593887.0,
      "total_employees": 60,
      "filing_date": "2023-05-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1263009756.0,
      "total_employees": 79,
      "filing_date": "2024-08-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1627322417.0,
      "total_employees": 104,
      "filing_date": "2025-06-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1984884160.0,
      "total_employees": 105,
      "filing_date": "2026-06-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 41 to 43.",
        "Regulatory assets under management went from $1,627,322,417 to $1,984,884,160 (+22%).",
        "Added an office in Breese, IL.",
        "Added an office in Dalton City, IL.",
        "Added an office in Havana, IL.",
        "Added an office in Niantic, IL.",
        "Added an office in Rockford, IL.",
        "Added an office in Washington, IL.",
        "No longer lists an office in Eddyville, KY.",
        "No longer lists an office in Greenville, IL.",
        "No longer lists an office in Princeton, KY.",
        "No longer lists an office in Winnebago, IL.",
        "Registered or notice-filed in MT, NJ, WY."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Registered or notice-filed in MS."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in ND, NH."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "FCCS",
      "name_as_filed": "FCCS",
      "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/midwestern-securities-trading-co-llc-east-peoria-il-101080.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 11466,
      "fewer_than_5": false,
      "raum": 1441252729.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 243,
      "fewer_than_5": false,
      "raum": 450114473.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 138,
      "fewer_than_5": false,
      "raum": 93516958.0
    }
  ],
  "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/101080",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}