Asset manager · Rolling Meadows, IL
Gallagher Fiduciary Advisors, LLC
SEC-registered investment adviser · CRD 146509 · SEC 801-68868
At a glance
Gallagher Fiduciary Advisors, LLC is an SEC-registered investment adviser based in Rolling Meadows, Illinois, with $194.8 billion in regulatory assets under management as of its Form ADV filed September 28, 2026. Its largest client group by assets is pension and profit sharing plans, and it reports 3,940 individual clients. By Form ADV it is a asset manager, ranked 76th of 3,218 asset managers and 137th of 17,210 SEC-registered advisers by assets.
Main office 630-773-3800As filed on Form ADV
- Regulatory AUM
- $195B
- Rank among asset managers
- #76 of 3,218
- Rank among all SEC RIAs
- #137 of 17,210
- Rank in Illinois
- #9 of 684
- Individual clients
- 3,940
- High-net-worth clients
- 170
- Accounts
- 6,407
- Discretionary
- 7% of AUM
- Employees
- 235
- Advisory staff
- 218
- Offices
- 37
Owners and executives on its Form ADV
- Richard C. CaryVice President and Controller
- Michael W. JohnsonVice President and Area President Gallagher Fiduciary Advisors, LLC
- Jennifer RyderAssistant Secretary, VP & General Counsel
- William F ZiebellPresident
- Michael J. BurchillCFO
- John S. JurikVice President
- Nicolas E. MedinaChief Compliance Officer and Assistant Secretary
- Bart L. BurkhartVice President, Investments Practice Leader
Custody and brokerage
Custodian
Gallagher Fiduciary 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
Gallagher Fiduciary Advisors, LLC is a hybrid RIA: 83 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: GBS Retirement Services, Inc..
- GBS Retirement Services, Inc. ↗CRD 34889
Its Form ADV brochure (filed June 2026) names Osaic Wealth as the broker-dealer its advisers are registered with.
Certain of GFA’s supervised persons are registered representatives of Osaic (CRD No. 23131), a registered broker-dealer (member FINRA and SIPC).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 2,099 | $171B | 88% |
| Other | 29 | $9.9B | 5% |
| State or municipal government entities | 36 | $8.4B | 4% |
| Corporations or other businesses | 11 | $4.1B | 2% |
| Insurance companies | 5 | $847M | <1% |
| Individuals | 3,770 | $682M | <1% |
| High-net-worth individuals | 170 | $295M | <1% |
Disciplinary disclosures
Gallagher Fiduciary Advisors, 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
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on Gallagher Fiduciary 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
- Locked
- Growth over one, three and five years
- Locked
- Rank against 152 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 5Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Gallagher Fiduciary Advisors, LLC manage?
Gallagher Fiduciary Advisors, LLC reports $194.8 billion in regulatory assets under management across 6,407 accounts, 7% of it on a discretionary basis, on its Form ADV filed September 28, 2026.
What kind of firm is Gallagher Fiduciary Advisors, LLC?
Gallagher Fiduciary Advisors, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. A public reporting company controls it.
Who are Gallagher Fiduciary Advisors, LLC’s clients?
By assets, its largest client types are pension and profit sharing plans ($170.6 billion, 2,099 clients); other ($9.9 billion, 29 clients); state or municipal government entities ($8.4 billion, 36 clients).
Does Gallagher Fiduciary Advisors, LLC have any disciplinary history?
Gallagher Fiduciary Advisors, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Gallagher Fiduciary 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 (2026-09-28), 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 →