Wealth manager, independent · Glenview, IL
Coyle
Coyle Financial Counsel, LLC · SEC-registered investment adviser · CRD 110593 · SEC 801-17378
At a glance
Coyle is an SEC-registered investment adviser based in Glenview, Illinois, with $1.0B in regulatory assets under management as of its Form ADV filed March 23, 2026. It reports 438 individual clients, 234 of them high-net-worth, holding an average of about $2.4 million each, and 24 employees. That ranks it 1053rd among the nation’s 5,657 independent wealth management RIAs and 42nd of 226 in Illinois. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 847-441-5644coyle.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,053 of 5,657
- Rank among all SEC RIAs
- #5,233 of 17,210
- Rank in Illinois
- #42 of 226
- Individual clients
- 438
- High-net-worth clients
- 234
- Accounts
- 2,270
- Discretionary
- 89% of AUM
- Employees
- 24
- Advisory staff
- 10
- Offices
- 7
Owners and executives on its Form ADV
- Gary W. KlabenPresident/managing Member
- Kevin T. CoyleManaging Member
- David G. SmestuenCCO
Custody and brokerage
Broker-dealer
No broker-dealer ties
Coyle 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 | 234 | $997M | 95% |
| Individuals | 204 | $52M | 5% |
| Charitable organizations | 1 | $0M | <1% |
Disciplinary disclosures
Coyle 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
- Portfolio management for businesses and institutions
- Selecting other advisers
- Periodicals or newsletters
How it’s paid
- A percentage of assets under management
- Hourly charges
- Subscription fees
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗coyle.com ↗
AtlasMembers
The full record on Coyle
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 3,416 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
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 |
|---|---|---|
| Lake StreetChicago | $1.2B | 598 |
| Arthur M. Cohen & Associates LLCNorthbrook | $1.1B | 189 |
| Goldstone Financial Group, LLCOakbrook Terrace | $1.1B | 1,675 |
| Burling Wealth PartnersChicago | $1.0B | 250 |
Background
Questions
How much does Coyle manage?
Coyle reports $1.0B in regulatory assets under management across 2,270 accounts, 89% of it on a discretionary basis, on its Form ADV filed March 23, 2026.
How many clients does Coyle have?
It reports 438 individual clients: 234 high-net-worth individuals and 204 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Coyle headquartered?
Its main office is in Glenview, Illinois. It reports 7 offices in total and 24 employees, 10 of whom perform investment advisory functions.
How does Coyle charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; subscription fees; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Coyle use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 23, 2026, it reports these amounts held: Charles Schwab ($1.0B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Coyle a hybrid RIA with a broker-dealer?
Coyle reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Coyle a fiduciary?
As an SEC-registered investment adviser, Coyle 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 Coyle’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 (2026-03-23), 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 →