SS

Steven Paul Swensen

13 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
15 advisors
Number of Clients
2,123 clients
Average Client Portfolio
$7.2M average
Assets Under Management
$15.3B

Fee Structure

Minimum Investment:$1M

GLA primarily charges asset-based management fees, billed monthly or quarterly. Fees vary based on account type, size, and other conditions. The standard minimum account size for Private Wealth clients is $1,000,000 for Equity and Balanced accounts and $2,000,000 for Fixed Income accounts. Fees are negotiable and may vary from the general fee schedule. Contracts can be terminated with 30 days' written notice, with pro-rated refunds of unearned fees.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningEducation PlanningHigh Net Worth
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Advisor Information

Office location

231 S. Lasalle Street, 4th Floor, Chicago, IL, 60604

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Regulatory History (1)
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Employment Separation After Allegations
February 2004
Other Business Activities

Steven is a partner in Every Magic Seed Holdings and Blue Spruce Properties since 2020, spending minimal time on administrative and business development/property management tasks. He also works full-time as a portfolio manager for Great Lakes Advisors, LLC since August 2023, handling client service and portfolio management.

Employment History
Current Registrations
Great Lakes Advisors, LLC
September 2023 - Present · 2 yrs 4 mos
Previous Registrations
Wintrust Investments LLCBroker
August 2023 - July 2025 · 1 yr 11 mos
Morgan Stanley
June 2017 - May 2022 · 4 yrs 11 mos
Morgan Stanley Broker
May 2017 - May 2022 · 5 yrs
Janus Distributors LLCBroker
April 2003 - February 2004 · 10 mos
Fidelity Investments Institutional Services Company, INC.Broker
February 2001 - October 2002 · 1 yr 8 mos
Fidelity Brokerage Services LLCBroker
November 1997 - February 2001 · 3 yrs 3 mos
State Registrations1 state
IL
Advisor
Exams
No exam information available for this advisor.