Private fund adviser · Northbrook, IL
SBB Research Group LLC
SEC-registered investment adviser · CRD 161109 · SEC 801-79560
At a glance
SBB Research Group LLC is an SEC-registered investment adviser based in Northbrook, Illinois, with $3.3 billion in regulatory assets under management as of its Form ADV filed August 5, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 3 individual clients. By Form ADV it is a private fund adviser, ranked 1,263rd of 4,686 private fund advisers and 2,697th of 17,210 SEC-registered advisers by assets.
Main office 847-656-1111sbbrg.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.3B
- Rank among private fund advisers
- #1,263 of 4,686
- Rank among all SEC RIAs
- #2,697 of 17,210
- Rank in Illinois
- #140 of 684
- Individual clients
- 3
- High-net-worth clients
- 3
- Accounts
- 11
- Discretionary
- 99% of AUM
- Employees
- 28
- Advisory staff
- 11
- Offices
- 1
Owners and executives on its Form ADV
- Samuel B. BarnettChief Executive Officer
- Matthew L. AvenChief Operating Officer
- Bradley A. GreensteinChief Financial Officer
- Sandeep D. NavalgundDirector of Research
- Michael S. ChickChief Compliance Officer
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 7 | $3.2B | 98% |
| High-net-worth individuals | 3 | $59M | 2% |
| Other | – | $4M | <1% |
Private funds
SBB Research Group LLC reports 7 private funds with $3.1B in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
SBB Research Group LLC answers yes to 1 disclosure item 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
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗sbbrg.com ↗
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The full record on SBB Research Group 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
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- Growth over one, three and five years
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- Rank against 1,593 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 2Locked
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Background
Questions
How much does SBB Research Group LLC manage?
SBB Research Group LLC reports $3.3 billion in regulatory assets under management across 11 accounts, 99% of it on a discretionary basis, on its Form ADV filed August 5, 2026.
What kind of firm is SBB Research Group LLC?
SBB Research Group LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are SBB Research Group LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($3.2 billion, 7 clients); high-net-worth individuals ($59 million, 3 clients); other ($4 million).
Does SBB Research Group LLC manage private funds?
Yes. It reports 7 private funds with $3.1 billion in gross assets, including hedge funds.
Does SBB Research Group LLC have any disciplinary history?
SBB Research Group LLC answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is SBB Research Group 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 (2026-08-05), 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 →