Wealth manager, public-company owned · Lincoln, NE
Allstate Financial Advisors, LLC
SEC-registered investment adviser · CRD 109524 · SEC 801-68510
At a glance
Allstate Financial Advisors, LLC is an SEC-registered investment adviser based in Lincoln, Nebraska, with $142 million in regulatory assets under management as of its Form ADV filed April 30, 2026. Its largest client group by assets is individuals, and it reports 397 individual clients. By Form ADV it is a wealth manager (public-company owned), ranked 7,084th of 8,915 wealth managers and 13,939th of 17,210 SEC-registered advisers by assets.
Main office 877-232-2142As filed on Form ADV
- Regulatory AUM
- $142M
- Rank among wealth managers
- #7,084 of 8,915
- Rank among all SEC RIAs
- #13,939 of 17,210
- Rank in Nebraska
- #65 of 71
- Individual clients
- 397
- High-net-worth clients
- 0
- Accounts
- 493
- Discretionary
- 0% of AUM
- Employees
- 341
- Advisory staff
- 0
- Offices
- 68
Owners and executives on its Form ADV
- Michael D. SweeneyChief Compliance Officer
- Mary K. NelsonChairman of the Board, Manager
- David J. MuellerGeneral Counsel and Secretary
- Scott S. DelaneyPresident and Chief Executive Officer
- John D. BoudreauManager
Custody and brokerage
Custodian
Allstate Financial Advisors, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Allstate Financial Advisors, LLC is a hybrid RIA: 341 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Allstate Financial Services, LLC.
- Allstate Financial Services, LLC ↗CRD 18272
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
Its Form ADV brochure (filed March 2026) names Allstate Financial Services as the broker-dealer its advisers are registered with.
IARs of AFA are also registered representatives of AFS.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 397 | $142M | 100% |
Disciplinary disclosures
Allstate Financial Advisors, LLC answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Selecting other advisers
How it’s paid
- Other
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on Allstate Financial Advisors, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 5,262 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Allstate Financial Advisors, LLC manage?
Allstate Financial Advisors, LLC reports $142 million in regulatory assets under management across 493 accounts, on its Form ADV filed April 30, 2026.
What kind of firm is Allstate Financial Advisors, LLC?
Allstate Financial Advisors, LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals. A public reporting company controls it.
Who are Allstate Financial Advisors, LLC’s clients?
By assets, its largest client types are individuals ($142 million, 397 clients).
Does Allstate Financial Advisors, LLC have any disciplinary history?
Allstate Financial Advisors, LLC answers yes to 2 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Allstate Financial Advisors, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →