AdvisorCensus / Financial advisors / Illinois / Chicago / SGL Financial, LLC
SGL Financial, LLC is an SEC-registered investment advisory firm in Buffalo Grove, IL, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 22, 2026.
Quick answers
From the filingHow is SGL Financial, LLC compensated?
On its Form ADV (Item 5.E, October 2026), SGL Financial, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does SGL Financial, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated May 18, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is SGL Financial, LLC located?
SGL Financial, LLC's principal office is in Buffalo Grove, IL, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F).
Is SGL Financial, LLC registered with the SEC or a state?
SGL Financial, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 158023.
How much does SGL Financial, LLC manage?
SGL Financial, LLC reports $416,008,260 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary).
How have SGL Financial, LLC's assets and staff changed since 2021?
In the Form ADV data for SGL Financial, LLC: Regulatory assets under management: $143,169,237 in the October 2021 data and $416,008,260 in the October 2026 data, up 191%. Total employees: 16 in October 2021 and 33 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does SGL Financial, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (795); high net worth individuals (88); pension and profit sharing plans (but not the plan participants or government pension plans) (1).
Does SGL Financial, 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/158023
Does SGL Financial, LLC state an account minimum?
Its Form ADV Part 2A brochure dated May 18, 2026 says: "There is a minimum account size of $50,000, which may be waived at SGL discretion." "There is a $50,000 account minimum which may be waived by SGL."
What changed in SGL Financial, LLC's recent Form ADV filings?
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).
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
- Hourly charges
- Fixed fees (other than subscription 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 2AAsset-based fee: up to 1.5% of assets a year (the maximum the brochure states)
The brochure's wording
The maximum advisory fee is 1.50%. This is a first and last dollar fee, meaning there are no tiered fee structures.
Account minimum: $50,000 (the brochure says it may be waived or negotiated)
The brochure's wording
There is a minimum account size of $50,000, which may be waived at SGL discretion.
There is a $50,000 account minimum which may be waived by SGL.
As stated in the firm's Form ADV Part 2A brochure dated May 18, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$416,008,260 as of October 2026, filing dated September 22, 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- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Also doing business as
- COWEN TAX ADVISORY GROUP, MOORE FINANCIAL CONCEPTS, NORTHLAND FINANCIAL, WEALTH FINANCIAL ADVISORY SERVICES
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2015 (11 years)
- Employees
- Total: 33. Performing investment advisory functions: 13.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
3 other offices, as of the October 2026 filing
- States registered or notice-filed
-
14 states or jurisdictions
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 | $416,008,260 | 33 | September 22, 2026 |
| October 2025 | $218,580,905 | 31 | May 20, 2025 |
| October 2024 | $214,042,234 | 19 | March 30, 2024 |
| October 2023 | $168,784,960 | 12 | March 14, 2023 |
| October 2022 | $163,624,352 | 12 | March 31, 2022 |
| October 2021 | $143,169,237 | 16 | March 26, 2021 |
Regulatory assets under management: $143,169,237 in the October 2021 data and $416,008,260 in the October 2026 data, up 191%.
Total employees: 16 in October 2021 and 33 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- October 2026
- Updated its list of owners and control persons (Schedule A).
- July 2026
- Updated its list of owners and control persons (Schedule A).
- May 2026
- Regulatory assets under management went from $211,831,058 to $416,008,260 (+96%).
- April 2026
- Employees performing advisory functions went from 15 to 13.
- Updated its list of owners and control persons (Schedule A).
- March 2026
- Changed its office addresses in Rhinelander, WI.
- November 2025
- Updated its list of owners and control persons (Schedule A).
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. SGL Financial, LLC (CRD 158023): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/sgl-financial-llc-buffalo-grove-il-158023