Asset manager · Chicago, IL
Heitman Real Estate Securities LLC
SEC-registered investment adviser · CRD 107134 · SEC 801-48252
At a glance
Heitman Real Estate Securities LLC is an SEC-registered investment adviser based in Chicago, Illinois, with $1.8 billion in regulatory assets under management as of its Form ADV filed March 27, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a asset manager, ranked 1,091st of 3,218 asset managers and 3,837th of 17,210 SEC-registered advisers by assets.
Main office 312-855-5700heitman.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.8B
- Rank among asset managers
- #1,091 of 3,218
- Rank among all SEC RIAs
- #3,837 of 17,210
- Rank in Illinois
- #190 of 684
- Clients
- 23
- Accounts
- 27
- Discretionary
- 100% of AUM
- Employees
- 141
- Advisory staff
- 43
- Offices
- 7
Owners and executives on its Form ADV
- Maury R. TognarelliManager
- Lawrence J. ChristensenManager, Chief Financial Officer, Treasurer and Secretary
- Anthony StamatoSenior Managing Director, Chief Legal Officer
- Charles P. HarbinManaging Director, Portfolio Manager, Co-Head of Public Securities Group
- Jeffrey D. YurkManaging Director, Portfolio Manager, Co-Head of Public Securities Group
- Christopher R. ShapleyChief Compliance Officer
Custody and brokerage
4 custodians
- State Street$506M49%
- Northern Trust$283M27%
- Fifth Third Bank, National Association$139M13%
- BNY$113M11%
Broker-dealer
Hybrid RIA
Heitman Real Estate Securities LLC is a hybrid RIA: 15 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Heitman International Real Estate Securities PTY Limited, Heitman Securities LLC and Heitman UK Limited.
- Heitman International Real Estate Securities PTY Limited ↗CRD 154476
- Heitman Securities LLC ↗CRD 13620
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, March 2026
- Heitman UK Limited
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 10 | $653M | 36% |
| State or municipal government entities | – | $639M | 35% |
| Pension and profit sharing plans | 5 | $264M | 14% |
| Investment companies | 1 | $138M | 8% |
| Corporations or other businesses | 7 | $127M | 7% |
Disciplinary disclosures
Heitman Real Estate Securities LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗heitman.com ↗
AtlasMembers
The full record on Heitman Real Estate Securities 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 924 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 6 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.
Background
Questions
How much does Heitman Real Estate Securities LLC manage?
Heitman Real Estate Securities LLC reports $1.8 billion in regulatory assets under management across 27 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
What kind of firm is Heitman Real Estate Securities LLC?
Heitman Real Estate Securities 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.
Who are Heitman Real Estate Securities LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($653 million, 10 clients); state or municipal government entities ($639 million); pension and profit sharing plans ($264 million, 5 clients).
Does Heitman Real Estate Securities LLC have any disciplinary history?
Heitman Real Estate Securities 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 Heitman Real Estate Securities 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 (2026-03-27), 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). 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 →