AdvisorCensus / Financial advisors / Illinois / Chicago / Urban Financial Advisory Corporation
Urban Financial Advisory Corporation
Filed as URBAN FINANCIAL ADVISORY CORPORATION · Legal name Urban Financial Advisory Corp
Urban Financial Advisory Corporation is an SEC-registered investment advisory firm in Chicago, IL, registered since 1994, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.
Quick answers
From the filingHow is Urban Financial Advisory Corporation compensated?
On its Form ADV (Item 5.E, October 2026), Urban Financial Advisory Corporation reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Urban Financial Advisory Corporation located?
Urban Financial Advisory Corporation's principal office is in Chicago, IL, according to its Form ADV.
Is Urban Financial Advisory Corporation registered with the SEC or a state?
Urban Financial Advisory Corporation is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 110057.
How much does Urban Financial Advisory Corporation manage?
Urban Financial Advisory Corporation reports $1,493,295,703 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (93% discretionary).
How have Urban Financial Advisory Corporation's assets and staff changed since 2021?
In the Form ADV data for Urban Financial Advisory Corporation: Regulatory assets under management: $1,152,428,534 in the October 2021 data and $1,493,295,703 in the October 2026 data, up 30%. Total employees: 13 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Urban Financial Advisory Corporation serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (182); individuals (other than high net worth individuals) (72); corporations or other businesses not listed above (5).
Does Urban Financial Advisory Corporation 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/110057
What changed in Urban Financial Advisory Corporation's recent Form ADV filings?
In the October 2026 filing data: Regulatory assets under management went from $1,275,389,164 to $1,493,295,703 (+17%).
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 2ASee the firm's brochure (dated September 25, 2025) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$1,493,295,703 as of October 2026, filing dated September 30, 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
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- Urban Financial Advisory Corp
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1994 (32 years)
- Employees
- Total: 15. Performing investment advisory functions: 14.
- 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 | $1,493,295,703 | 15 | September 30, 2026 |
| October 2025 | $1,103,601,324 | 13 | September 25, 2024 |
| October 2024 | $1,103,601,324 | 13 | September 25, 2024 |
| October 2023 | $1,021,100,405 | 15 | September 28, 2023 |
| October 2022 | $991,034,895 | 13 | September 29, 2022 |
| October 2021 | $1,152,428,534 | 13 | September 28, 2021 |
Regulatory assets under management: $1,152,428,534 in the October 2021 data and $1,493,295,703 in the October 2026 data, up 30%.
Total employees: 13 in October 2021 and 15 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
- Regulatory assets under management went from $1,275,389,164 to $1,493,295,703 (+17%).
- December 2025
- Employees performing advisory functions went from 12 to 14.
- Regulatory assets under management went from $1,103,601,324 to $1,275,389,164 (+16%).
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. Urban Financial Advisory Corporation (CRD 110057): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/urban-financial-advisory-corporation-chicago-il-110057