Lincoln Advisory Group, Ltd. (Chicago)

Name: Lincoln Advisory Group, Ltd.
Address: 120 North Lasalle, Suite 2900, Chicago, IL, 60602
Telephone: 312-345-8780

Lincoln Advisory Group, Ltd. is a large advisory firm based in Chicago. It manages $1.22 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Illinois.

Lincoln Advisory Group provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lincoln Advisory Group: assets under management

The assets under management (AUM) of Lincoln Advisory Group, Ltd. is $1.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 226% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.22 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.22 billion each.

Lincoln Advisory Group has custody of $5.28 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lincoln Advisory Group, Ltd. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lincoln Advisory Group, Ltd.

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Gary Kobus has been acting as President since 1 Apr 2002. Shawn Milton Bernhardt joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alfred Mack Pogue	Limited partner	1 Jun 2001	25% - 50%	1472261
John Bradford Grissim	Limited partner	1 Jun 2001	25% - 50%	4379502
Inc. Lincoln Gp Advisory Group	General partner	1 Jun 2001	Other	75-2841720
Wcd Gs Trust	Limited partner	1 Jun 2001	25% - 50%	75-6410775
Duvall Children's 1987 Trust	Limited partner	1 Jun 2001	25% - 50%	75-6361654
Tom Kuhlmann	Co-trustee of limited partner, duvall children's 1987 trust	1 Jun 2001	Other	4486870
John Walter	Co-trustee of limited partner, duvall children's 1987 trust	1 Jun 2001	Other	4486873
Nancy Ann Davis	Vice president/treasurer/secretary	1 Jun 2001	Other	4379498
Gary Kobus	President	1 Apr 2002	Other	4651466
Gregory S. Courtwright	Chief compliance officer	1 Oct 2004	Other	4379497
Buddy Baker	Vice president/asst. secretary	1 Jan 2007	Other	5317550
Leigh Ann Everett	Asst. secretary	1 Jan 2007	Other	5317549
Tracy Lynne Wojkowski	Chief compliance officer	1 Mar 2012	Other	6045314
Shawn Milton Bernhardt	Chief compliance officer	1 Sep 2017	Other	6856468

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gregory S. Courtwright	Owner	1 Jan 2007	75% - 100%	5317501
William Clayborne Duvall	Trustee	1 Jan 2007	25% - 50%	5317154
Wcd Gs Trust	Owner	1 Jan 2007	25% - 50%	75-6410775

Based in Chicago

The principal office where Lincoln Advisory Group, Ltd. performs its advisory services is located at 120 North Lasalle, Suite 2900, Chicago, IL 60602, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-345-8780 or by fax 312-345-8760. The normal business hours are 8:30 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lpc.com/services/advisory.html.