Broker-dealer firm · Elmhurst, IL
Tilden Loucks & Woodnorth LLC
SEC-registered investment adviser · CRD 106713 · SEC 801-47188
At a glance
Tilden Loucks & Woodnorth LLC is an SEC-registered investment adviser based in Elmhurst, Illinois, with $173 million in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 45 individual clients. By Form ADV it is a broker-dealer firm, ranked 296th of 391 broker-dealer firms and 12,977th of 17,210 SEC-registered advisers by assets.
Main office 312-475-1400lasallest.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $173M
- Rank among broker-dealer firms
- #296 of 391
- Rank among all SEC RIAs
- #12,977 of 17,210
- Rank in Illinois
- #563 of 684
- Individual clients
- 45
- High-net-worth clients
- 19
- Accounts
- 47
- Discretionary
- 9% of AUM
- Employees
- 4
- Advisory staff
- 0
- Offices
- 3
Owners and executives on its Form ADV
- Daniel J. SchlesserC.f.o./treasurer
- Vincent E. IncertoChief Compliance Officer
- Michael M. DrozdChief Investment Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Tilden Loucks & Woodnorth LLC is a hybrid RIA: 4 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Lasalle St Securities, L.L.C..
- Lasalle St Securities, L.L.C. ↗CRD 7191
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
Its Form ADV brochure (filed March 2026) names Lasalle St Securities as the broker-dealer its advisers are registered with.
Item 10 Other Financial Industry Activities and Affiliations Management personnel and other IARs of TLW may be separately licensed as registered representatives of LSS, an affiliated broker-dealer, and sister company of TLW which has a clea
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 19 | $85M | 49% |
| Charitable organizations | 1 | $64M | 37% |
| Corporations or other businesses | 1 | $16M | 9% |
| Individuals | 26 | $8M | 5% |
Disciplinary disclosures
Tilden Loucks & Woodnorth LLC answers yes to 8 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
- Portfolio management for individuals and small businesses
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗lasallest.com ↗
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The full record on Tilden Loucks & Woodnorth 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 132 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Tilden Loucks & Woodnorth LLC manage?
Tilden Loucks & Woodnorth LLC reports $173 million in regulatory assets under management across 47 accounts, 9% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Tilden Loucks & Woodnorth LLC?
Tilden Loucks & Woodnorth LLC is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser.
Who are Tilden Loucks & Woodnorth LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($85 million, 19 clients); charitable organizations ($64 million, 1 clients); corporations or other businesses ($16 million, 1 clients).
Does Tilden Loucks & Woodnorth LLC have any disciplinary history?
Tilden Loucks & Woodnorth LLC answers yes to 8 disclosure items 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 Tilden Loucks & Woodnorth 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 (2026-03-30), 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 →