Wealth manager, independent · Northbrook, IL
Arthur M. Cohen & Associates LLC
SEC-registered investment adviser · CRD 105894 · SEC 801-35752
At a glance
Arthur M. Cohen & Associates LLC is an SEC-registered investment adviser based in Northbrook, Illinois, with $1.1B in regulatory assets under management as of its Form ADV filed April 17, 2026. It reports 189 individual clients, 163 of them high-net-worth, holding an average of about $5.9 million each, and 5 employees. That ranks it 993rd among the nation’s 5,657 independent wealth management RIAs and 40th of 226 in Illinois. It reports 2 custodians for its clients’ separately managed accounts: BNY Pershing and Charles Schwab.
Main office 847-480-2990As filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #993 of 5,657
- Rank among all SEC RIAs
- #5,057 of 17,210
- Rank in Illinois
- #40 of 226
- Individual clients
- 189
- High-net-worth clients
- 163
- Accounts
- 837
- Discretionary
- 100% of AUM
- Employees
- 5
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Arthur M. CohenSole Member, President, Chief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Arthur M. Cohen & Associates LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 163 | $1.1B | 99% |
| Individuals | 26 | $10M | <1% |
| Charitable organizations | 2 | $3M | <1% |
Disciplinary disclosures
Arthur M. Cohen & Associates LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on Arthur M. Cohen & Associates 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
- Locked
- Growth over one, three and five years
- Locked
- Rank against 3,272 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Illinois
All of Illinois →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Sikich FinancialSpringfield | $1.2B | 1,124 |
| Evergreen WealthSpringfield | $1.2B | 573 |
| Lake StreetChicago | $1.2B | 598 |
| Goldstone Financial Group, LLCOakbrook Terrace | $1.1B | 1,675 |
| CoyleGlenview | $1.0B | 438 |
| Burling Wealth PartnersChicago | $1.0B | 250 |
Background
Questions
How much does Arthur M. Cohen & Associates LLC manage?
Arthur M. Cohen & Associates LLC reports $1.1B in regulatory assets under management across 837 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 17, 2026.
How many clients does Arthur M. Cohen & Associates LLC have?
It reports 189 individual clients: 163 high-net-worth individuals and 26 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Arthur M. Cohen & Associates LLC headquartered?
Its main office is in Northbrook, Illinois. It reports 1 office in total and 5 employees, 2 of whom perform investment advisory functions.
How does Arthur M. Cohen & Associates LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Arthur M. Cohen & Associates LLC use?
It reports 2 custodians for its clients’ separately managed accounts: BNY Pershing and Charles Schwab. On Schedule D of its Form ADV filed April 17, 2026, it reports these amounts held: BNY Pershing ($1.0B); Charles Schwab ($14M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Arthur M. Cohen & Associates LLC a hybrid RIA with a broker-dealer?
Arthur M. Cohen & Associates LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Arthur M. Cohen & Associates LLC a fiduciary?
As an SEC-registered investment adviser, Arthur M. Cohen & Associates LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Arthur M. Cohen & Associates 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 (2026-04-17), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →