Firm profile

URBAN FINANCIAL ADVISORY CORPORATION

CHICAGO, ILCRD 110057Latest ADV September 25, 2025

Urban Financial Advisory Corporation is an SEC registered investment adviser organized as a corporation with a primary office location in Chicago, IL. Its latest Form ADV filing, dated September 25, 2025, reports $1.3B in regulatory assets under management, 15 employees, and 965 accounts.

Assets Under Management
$1.3B
Employees
15
Offices
--
Total Clients
256
Primary office
CHICAGO, IL
221 N. LA SALLE ST., SUITE 764, CHICAGO, IL, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links
Phone(312) 379-0150
WebsiteNot reported
LinkedInNot reported

Leadership

1 roles identified
CCOSteven D. Urban

Advisory services offered

3 types reported
Financial Planning Services
Portfolio management for businesses
Portfolio management for individuals and small businesses

Fee models offered

3 types reported
Asset based fees
Fixed fees
Hourly charges
Sources checked May 13, 2026

Client Coverage Demographics

Top client segmentHNWI represent 63.7% of total clients.
Top client categories% of clientsClients
1
HNWI
63.7%
163
2
Individuals
34.0%
87
3
Corporations
1.6%
4
4
Pension Plans
0.4%
1
5
Charitable
0.4%
1
Categories with <5 clients
Charitable Organizations<5 clients
Corporations or other businesses not listed above<5 clients
Pension and profit sharing plans<5 clients

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$1.3Bas of September 25, 2025
Discretionary92.3%
$1.2B
92% of total RAUM92.3%
Non-discretionary7.7%
$99M
8% of total RAUM7.7%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Latest AUM$1.3B
Total Accounts965
10Y AUM Change+$577M (+82.6%)

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees15
Clients per Employee17:1
10Y Employee Change+5 (+50.0%)

* 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.