{ "crd_number": 110897, "slug": "zacks-investment-management-inc-chicago-il-110897", "primary_business_name": "ZACKS INVESTMENT MANAGEMENT, INC.", "legal_name": "ZACKS INVESTMENT MANAGEMENT, INC.", "dbas": [], "city": "Chicago", "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": "1992-01-17", "years_registered": 34, "period": "2026-10-01", "filing_date": "2026-05-29", "carried_forward": false, "raum_total": 14589556613.0, "raum_discretionary": 14589556613.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 132, "advisory_employees": 11, "client_count_bucket": null, "clients_by_type": { "other": { "raum": 6496406601.0, "count": 14, "description": "WRAP PROGRAMS" }, "charitable": { "raum": 28546062.0, "count": 2 }, "individuals": { "raum": 1005943572.0, "count": 2051 }, "state_municipal": { "raum": 42487474.0, "count": 2 }, "investment_companies": { "raum": 809077560.0, "count": 8 }, "pension_profit_sharing": { "raum": 175196937.0, "count": 111 }, "other_investment_advisers": { "raum": 2405164681.0, "count": 179 }, "high_net_worth_individuals": { "raum": 3482463714.0, "count": 1293 }, "pooled_investment_vehicles": { "raum": 14118114.0, "count": 2 }, "corporations_other_businesses": { "raum": 130151898.0, "count": 79 } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "financial_planning", "other", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "PR", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VT", "WA", "WI", "WV", "WY" ], "websites": [ "https://linkedin.com/company/zacks-investment-management/about", "https://zacksadvantage.com", "https://zackscustomassets.com", "https://zacksetf.com", "https://zacksfunds.com", "https://zacksim.com", "https://zacksindexservices.com", "https://zacksintelligence.com", "https://zackspcg.com", "https://zimwealth.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110897", "city_as_filed": "CHICAGO", "url": "https://advisorcensus.com/firm/zacks-investment-management-inc-chicago-il-110897", "display_name": "Zacks Investment Management, Inc.", "summary": "Zacks Investment Management, Inc. is an SEC-registered investment advisory firm in Chicago, IL, registered since 1992, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 29, 2026.", "citation": "AdvisorCensus. Zacks Investment Management, Inc. (CRD 110897): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Performance-based fees" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Other" ], "quick_answers": [ { "q": "How is Zacks Investment Management, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Zacks Investment Management, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Zacks Investment Management, Inc. located?", "a": "Zacks Investment Management, Inc.'s principal office is in Chicago, IL, according to its Form ADV; the June 2026 filing also lists 19 other offices (Schedule D, Section 1.F)." }, { "q": "Is Zacks Investment Management, Inc. registered with the SEC or a state?", "a": "Zacks Investment Management, Inc. is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 110897." }, { "q": "How much does Zacks Investment Management, Inc. manage?", "a": "Zacks Investment Management, Inc. reports $14,589,556,613 in regulatory assets under management in its Form ADV filing dated May 29, 2026 (100% discretionary)." }, { "q": "How have Zacks Investment Management, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Zacks Investment Management, Inc.: Regulatory assets under management: $6,216,317,967 in the October 2021 data and $14,589,556,613 in the October 2026 data, up 135%. Total employees: 96 in October 2021 and 132 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Zacks Investment Management, Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,051); high net worth individuals (1,293); other investment advisers (179)." }, { "q": "Which custodians does Zacks Investment Management, Inc. use?", "a": "Zacks Investment Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC, LPL Financial LLC and Wells Fargo Securities, LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Zacks Investment Management, 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/110897" }, { "q": "What changed in Zacks Investment Management, Inc.'s recent Form ADV filings?", "a": "In the June 2026 filing data: Regulatory assets under management went from $12,414,372,511 to $14,589,556,613 (+18%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6216317967.0, "total_employees": 96, "filing_date": "2021-08-02" }, { "period": "2022-10-01", "regulatory_assets_under_management": 7830959238.0, "total_employees": 96, "filing_date": "2022-08-11" }, { "period": "2023-10-01", "regulatory_assets_under_management": 8373508701.0, "total_employees": 114, "filing_date": "2023-05-25" }, { "period": "2024-10-01", "regulatory_assets_under_management": 10555925107.0, "total_employees": 111, "filing_date": "2024-05-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 12414372511.0, "total_employees": 122, "filing_date": "2025-05-29" }, { "period": "2026-10-01", "regulatory_assets_under_management": 14589556613.0, "total_employees": 132, "filing_date": "2026-05-29" } ], "recent_changes": [ { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Regulatory assets under management went from $12,414,372,511 to $14,589,556,613 (+18%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false }, { "name": "LPL Financial LLC", "name_as_filed": "LPL FINANCIAL LLC", "affiliated": false }, { "name": "Wells Fargo Securities, LLC", "name_as_filed": "WELLS FARGO SECURITIES, LLC", "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/zacks-investment-management-inc-chicago-il-110897.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 2051, "fewer_than_5": false, "raum": 1005943572.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 1293, "fewer_than_5": false, "raum": 3482463714.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 8, "fewer_than_5": false, "raum": 809077560.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 14118114.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 111, "fewer_than_5": false, "raum": 175196937.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 2, "fewer_than_5": false, "raum": 28546062.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 2, "fewer_than_5": false, "raum": 42487474.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 179, "fewer_than_5": false, "raum": 2405164681.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 79, "fewer_than_5": false, "raum": 130151898.0 }, { "type": "other", "label": "Other", "count": 14, "fewer_than_5": false, "raum": 6496406601.0 } ], "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/110897", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }