Great Lakes Advisors, LLC
Assets Under Management
$15.3B
Number of Clients
2,123
Number of Advisors
15
Average Client AUM
$7.2M
AUM per Advisor
$1.0B
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Great Lakes Advisors (GLA) offers discretionary and non-discretionary investment advisory and sub-advisory services to high net worth individuals, institutions, pension plans, and other entities. GLA manages equity and fixed income securities, primarily U.S. stocks and bonds, through various programs including Private Wealth Services and Institutional Investment Management.
Fee Structure
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
Location
231 S. Lasalle Street, 4th Floor, Chicago, IL, 60604