{ "crd_number": 117527, "slug": "shankervalleau-wealth-advisors-inc-skokie-il-117527", "primary_business_name": "SHANKERVALLEAU WEALTH ADVISORS, INC.", "legal_name": "SHANKERVALLEAU WEALTH ADVISORS, INC.", "dbas": [], "city": "Skokie", "state": "IL", "country": "United States", "cbsa_code": "16980", "metro": { "cbsa_code": "16980", "common_name": "Chicago", "msa_name": "Chicago-Naperville-Elgin, IL-IN", "path": "/advisors/il/chicago" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2004-03-26", "years_registered": 22, "period": "2026-10-01", "filing_date": "2026-03-24", "carried_forward": false, "raum_total": 645254680.0, "raum_discretionary": 642566605.0, "raum_non_discretionary": 2688075.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 8, "advisory_employees": 6, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 7873047.0, "count": 4, "fewer_than_5": true }, "individuals": { "raum": 21359141.0, "count": 73 }, "pension_profit_sharing": { "raum": 2688075.0, "count": 1, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 613334417.0, "count": 130 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "CA", "FL", "IL", "LA", "MD", "NY", "TX" ], "websites": [ "https://linkedin.com/company/shankervalleau-wealth-advisors-inc", "https://shankervalleau.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/117527", "city_as_filed": "SKOKIE", "url": "https://advisorcensus.com/firm/shankervalleau-wealth-advisors-inc-skokie-il-117527", "display_name": "Shankervalleau Wealth Advisors, Inc.", "summary": "Shankervalleau Wealth Advisors, Inc. is an SEC-registered investment advisory firm in Skokie, IL, registered since 2004, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.", "citation": "AdvisorCensus. Shankervalleau Wealth Advisors, Inc. (CRD 117527): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Shankervalleau Wealth Advisors, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Shankervalleau Wealth Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Shankervalleau Wealth Advisors, Inc. located?", "a": "Shankervalleau Wealth Advisors, Inc.'s principal office is in Skokie, IL, according to its Form ADV." }, { "q": "Is Shankervalleau Wealth Advisors, Inc. registered with the SEC or a state?", "a": "Shankervalleau Wealth Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 117527." }, { "q": "How much does Shankervalleau Wealth Advisors, Inc. manage?", "a": "Shankervalleau Wealth Advisors, Inc. reports $645,254,680 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary)." }, { "q": "How have Shankervalleau Wealth Advisors, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Shankervalleau Wealth Advisors, Inc.: Regulatory assets under management: $372,676,052 in the October 2021 data and $645,254,680 in the October 2026 data, up 73%. Total employees: 7 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Shankervalleau Wealth Advisors, Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (130); individuals (other than high net worth individuals) (73); charitable organizations (4)." }, { "q": "Which custodians does Shankervalleau Wealth Advisors, Inc. use?", "a": "Shankervalleau Wealth Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Shankervalleau Wealth Advisors, Inc. 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/117527" }, { "q": "What changed in Shankervalleau Wealth Advisors, Inc.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $549,903,956 to $645,254,680 (+17%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 372676052.0, "total_employees": 7, "filing_date": "2021-02-11" }, { "period": "2022-10-01", "regulatory_assets_under_management": 447923112.0, "total_employees": 7, "filing_date": "2022-02-22" }, { "period": "2023-10-01", "regulatory_assets_under_management": 410501856.0, "total_employees": 6, "filing_date": "2023-09-28" }, { "period": "2024-10-01", "regulatory_assets_under_management": 495663683.0, "total_employees": 8, "filing_date": "2024-07-03" }, { "period": "2025-10-01", "regulatory_assets_under_management": 549903956.0, "total_employees": 7, "filing_date": "2025-03-21" }, { "period": "2026-10-01", "regulatory_assets_under_management": 645254680.0, "total_employees": 8, "filing_date": "2026-03-24" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $549,903,956 to $645,254,680 (+17%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "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/shankervalleau-wealth-advisors-inc-skokie-il-117527.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 73, "fewer_than_5": false, "raum": 21359141.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 130, "fewer_than_5": false, "raum": 613334417.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 1, "fewer_than_5": true, "raum": 2688075.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 4, "fewer_than_5": true, "raum": 7873047.0 } ], "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/117527", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }