40/86 Advisors, Inc. is an SEC registered investment adviser organized as a corporation with a primary office location in Carmel, IN. Its latest Form ADV filing, dated April 22, 2026, reports $30.5B in regulatory assets under management, 84 employees, and 13 accounts.
Assets Under Management
$30.5B
Employees
84
Offices
--
Total Clients
13
Primary office
CARMEL, IN
11299 ILLINOIS STREET, SUITE 200, CARMEL, IN, United States
Portfolio management for pooled investment vehicles
Fee models offered
2 types reported
Asset based fees
Performance-based fees
Sources checked May 13, 2026
Client Coverage Demographics
Top client segmentInsurance Cos. represent 53.8% of total clients.
Top client categories% of clientsClients
1
Insurance Cos.
53.8%
7
2
Pooled Investment Vehicles
23.1%
3
3
Corporations
23.1%
3
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$30.5Bas of April 22, 2026
Discretionary100.0%
$30.5B
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total AUM$30.5B
Total Accounts13
10Y AUM Change+$4.0B (+15.3%)
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Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees84
Clients per Employee0:1
10Y Employee Change+4 (+5.0%)
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Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.