Firm profile

Great Lakes Advisors, LLC

CHICAGO, ILCRD 110757Registration Status: ApprovedEffective since March 24, 1982SEC # 801-16937Latest ADV September 8, 2026

Great Lakes Advisors, LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Chicago, IL. Its latest Form ADV filing, dated September 8, 2026, reports $16.2B in regulatory assets under management, 84 employees, 4 offices, and 2,978 accounts.

Assets Under Management
$16.2B
Employees
84
Offices
4 offices
Total Clients
1,731

Associated firm names

14 names listed
  • FOCUSED ADVISORS
  • WINTRUST WEALTH MANAGEMENT
  • WINTRUST PRIVATE CLIENT
  • WINTRUST INSTITUTIONAL INVESTMENT MANAGEMENT

Leadership

5 roles identified
CEOThomas R. Kiley
CCOElliott J. Silver
CFOCeleste Rawlins

Advisory services offered

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

Fee models offered

4 types reported
Asset based fees
Fixed fees
Other fee arrangements

Offices & Contact

Primary office

CHICAGO, Illinois, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

Illinois

CHICAGOPrimary office

Connecticut

STAMFORD

Florida

TAMPA

Wisconsin

MILWAUKEE

4 office records listed · 4 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$16.2Bas of September 8, 2026
Discretionary98.2%
$15.9B
98% of total RAUM98.2%
Non-discretionary1.8%
$287M
2% of total RAUM1.8%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Client Coverage Demographics

Top client segmentIndividuals represent 39.7% of total clients.
Top client categories% of clientsClients
1
Individuals
39.7%
687
2
LLP, WRAP, TAFT-HARTLEY & PROPRIETARY PILOT ACCOUNTS
36.4%
630
3
HNWI
8.7%
150
4
Charitable
7.8%
135
5
Corporations
3.3%
57
Categories with <5 clients
Banking or thrift institutions<5 clients
Other investment advisers<5 clients
Sovereign wealth funds and foreign official institutions<5 clients

Assets under management Growth by Quarter

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

Total AUM$16.2B
Total Accounts2,978
10Y AUM Change+$8.5B (+111.4%)

Private Funds

Private funds reported by Great Lakes Advisors, LLC

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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 Employee21:1
10Y Employee Change+15 (+21.7%)

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.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
WHAMCO HOLDING COMPANYDirect owner · Schedule AInterest in GREAT LAKES ADVISORS, LLC
75%+
WINTRUST FINANCIAL CORPORATIONIndirect owner · Schedule BInterest in WHAMCO HOLDING COMPANY
75%+

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Great Lakes Advisors, LLC.

Reported ownership and control details

Form ADV · Filing date 2026-09-08 · Schedules A and B

18 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1ELLIOTT JOSEPH SILVERCHIEF COMPLIANCE OFFICERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER10/2004Schedule APDF page 62
2WHAMCO HOLDING COMPANYCORPORATE PARENTDomestic entityGREAT LAKES ADVISORS, LLC75% or moreCode EYesCORPORATE PARENT11/2008Schedule APDF page 63
3BERT ATWATER GETZMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER11/2008Schedule APDF page 63
4THOMAS PATRICK ZIDARMANAGER CHAIRMANIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER CHAIRMAN11/2008Schedule APDF page 63
5MARLA FRIEDMAN GLABEMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER10/2009Schedule APDF page 63
6THOMAS REGAN KILEYMANAGER & CHIEF EXECUTIVE OFFICERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER & CHIEF EXECUTIVE OFFICER07/2011Schedule APDF page 63
7THOMAS JASON TURNERCHIEF INVESTMENT STRATEGISTIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesCHIEF INVESTMENT STRATEGIST01/2013Schedule APDF page 63
8PAUL CLAYTON CARLISLEMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER03/2014Schedule APDF page 63
9JON EDWARD QUIGLEYCHIEF INVESTMENT OFFICER - DISCIPLINED EQUITYIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesCHIEF INVESTMENT OFFICER - DISCIPLINED EQUITY10/2013Schedule APDF page 63
10MICHAEL PAUL KAMRADTMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER01/2019Schedule APDF page 63
11SUZET MEYLIEU MCKINNEYMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER01/2019Schedule APDF page 63
12CELENA ROLDAN SARILLOMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER01/2019Schedule APDF page 63
13MARGARET MARY COSGROVEMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER01/2022Schedule APDF page 63
14INGRID S. STAFFORDSMANAGERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGER07/2021Schedule APDF page 63
15PATRICK MICHAEL MORRISSEYCHIEF INVESTMENT OFFICER - FIXED INCOMEIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesCHIEF INVESTMENT OFFICER - FIXED INCOME05/2024Schedule APDF page 63
16Celeste RawlinsCHIEF FINANCIAL OFFICERIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesCHIEF FINANCIAL OFFICER03/2026Schedule APDF page 63
17RUSSELL JASON NEWMANMANAGING DIRECTOR - OPERATIONSIndividualGREAT LAKES ADVISORS, LLCLess than 5%Code NAYesMANAGING DIRECTOR - OPERATIONS04/2026Schedule APDF page 63
18WINTRUST FINANCIAL CORPORATIONDIRECT OWNERDomestic entityWHAMCO HOLDING COMPANY75% or moreCode EYesDIRECT OWNER11/2008Schedule BPDF page 63

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 9/8/2026 2:46:11 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* 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.