Wealth manager, independent · Champaign, IL
Cozad Asset Management Inc
SEC-registered investment adviser · CRD 104764 · SEC 801-18060
At a glance
Cozad Asset Management Inc is an SEC-registered investment adviser based in Champaign, Illinois, with $2.6B in regulatory assets under management as of its Form ADV filed March 27, 2026. It reports 2,116 individual clients, 935 of them high-net-worth, holding an average of about $1.2 million each, and 29 employees. That ranks it 429th among the nation’s 5,657 independent wealth management RIAs and 22nd of 226 in Illinois. It reports BNY Pershing as the custodian for its clients’ separately managed accounts.
Main office 217-356-8363cozadasset.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.6B
- Rank among independent wealth managers
- #429 of 5,657
- Rank among all SEC RIAs
- #3,084 of 17,210
- Rank in Illinois
- #22 of 226
- Individual clients
- 2,116
- High-net-worth clients
- 935
- Accounts
- 3,824
- Discretionary
- 97% of AUM
- Employees
- 29
- Advisory staff
- 20
- Offices
- 1
Owners and executives on its Form ADV
- Ronald L. KiddooDirector
- Gregory D. CozadChairman of the Board, Director
- Stuart T. MeachamDirector
- Mary F. McGrathDirector
- Stephen C. KiddooChief Compliance Officer
- Anne J. StorsvedExecutive Vice President, Director of Tax Department, & Director
- Cynthia C NorrisShareholder
- Johnston A. NorrisShareholder
- Braden L. AndersonChief Operating Officer, Chief Financial Officer, Secretary & Treasurer
- Brett AndersonCo-Chief Executive Officer, Chief Investment Officer, Director
- B. J. WhiteDirector
- Dae-Woung KangCo-Chief Executive Officer, President, Director
Custody and brokerage
Broker-dealer
No broker-dealer ties
Cozad Asset Management Inc 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 | 935 | $2.0B | 74% |
| Individuals | 1,181 | $512M | 20% |
| Charitable organizations | 29 | $70M | 3% |
| Corporations or other businesses | 21 | $49M | 2% |
| Pension and profit sharing plans | 12 | $41M | 2% |
Disciplinary disclosures
Cozad Asset Management Inc answers yes to 5 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
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗cozadasset.com ↗
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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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- Rank against 1,542 peers of its type and size
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- Owners and executives, with titles and stakes
- 13 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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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 |
|---|---|---|
| Chesley, Taft & Associates, LLCChicago | $3.0B | 617 |
| Capstone Financial Advisors IncDowners Grove | $2.9B | 1,068 |
| IPI Wealth Management, Inc.Decatur | $2.7B | 13,138 |
| North Star Investment Management CorporationChicago | $2.5B | 2,536 |
| Vestor Capital, LLCChicago | $2.3B | 1,197 |
| Nadler Financial Group, Inc.Deerfield | $2.2B | 1,026 |
Background
Questions
How much does Cozad Asset Management Inc manage?
Cozad Asset Management Inc reports $2.6B in regulatory assets under management across 3,824 accounts, 97% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
How many clients does Cozad Asset Management Inc have?
It reports 2,116 individual clients: 935 high-net-worth individuals and 1,181 other individuals. Individuals account for about 94% of its regulatory assets.
Where is Cozad Asset Management Inc headquartered?
Its main office is in Champaign, Illinois. It reports 1 office in total and 29 employees, 20 of whom perform investment advisory functions.
How does Cozad Asset Management Inc charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; 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 Cozad Asset Management Inc use?
It reports BNY Pershing as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 27, 2026, it reports these amounts held: BNY Pershing ($2.5B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Cozad Asset Management Inc a hybrid RIA with a broker-dealer?
Cozad Asset Management Inc reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Cozad Asset Management Inc a fiduciary?
As an SEC-registered investment adviser, Cozad Asset Management Inc 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 Cozad Asset Management Inc’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 (2026-03-27), 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 →