Firm profile

40/86 ADVISORS, INC.

CARMEL, INCRD 107740Latest ADV April 22, 2026

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
ADV Item 1F location record

Contact and digital presence

ADV profile links
Phone(317) 817-4086
WebsiteNot reported
LinkedInNot reported

Leadership

3 roles identified
CCOTony A. Neuhoff
CFOPaul H. Mcdonough
CIOEric R. Johnson

Advisory services offered

2 types reported
Portfolio management for businesses
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.

Latest AUM$30.5B
Total Accounts13
10Y AUM Change+$4.0B (+15.3%)

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%)

* 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.