SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Dearborn Partners L.L.C.
Chicago, IL
CRD 108147
Firm filing updated March 23, 2026 ·
- $2.7BAssets
- 285Clients
- 13Advisory staff
- 2,124Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals142
- Individuals108
- Pension and profit sharing plans18
- Other investment advisors14
- Charities2
- and 1 more1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 108 | $49.0 million |
| High net worth individuals | 142 | $1.0 billion |
| Investment companies | 1 | $570.3 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 18 | $505.6 million |
| Charitable organizations | 2 | $16.5 million |
| Other investment advisors | 14 | $585.5 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
See all 6 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Other: "MODEL MANAGEMENT PROVIDER"
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Other: "MODEL MANAGEMENT PROVIDER"
Assets and accounts
- Regulatory assets$2.7 billion
- Accounts2,124
- DiscretionaryAll accounts
People
- Employees24
- Advisory staff13
- Broker-dealer reps5
- Licensed insurance agents0
- Planning clients101 to 250
Advisors
5 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 108147, SEC file 801-54279.
- Registered with the SEC as an investment advisor (status date on record: April 24, 1997).
Is Dearborn Partners L.L.C. a fiduciary?
Short answer: Dearborn Partners L.L.C. is registered with the SEC as an investment advisor. Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 5 staff are broker-dealer representatives. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.