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.
Spiderrock Advisors, LLC
Chicago, IL
CRD 171992
Firm filing updated March 31, 2026 ·
- $9.8BAssets
- 43Advisory staff
- 4,480Accounts
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
- Individuals2,339
- High net worth individuals1,961
- Corporations or other businesses165
- Charities9
- Pooled vehicles1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 2,339 | $1.4 billion |
| High net worth individuals | 1,961 | $7.0 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $11.6 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $10.0 million |
| Charitable organizations | 9 | $28.9 million |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $10.0 million |
| Corporations or other businesses not listed above | 165 | $1.4 billion |
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
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 4 services
- Other: "ADVISORY SERVICES FOR OTHER INVESTMENT ADVISERS, PENSION FUNDS AND FAMILY OFFICES"
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "ADVISORY SERVICES FOR OTHER INVESTMENT ADVISERS, PENSION FUNDS AND FAMILY OFFICES"
Assets and accounts
- Regulatory assets$9.8 billion
- Accounts4,480
- DiscretionaryAll accounts
People
- Employees61
- Advisory staff43
- Broker-dealer reps12
- Licensed insurance agents0
Advisors
10 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 171992, SEC file 801-80178.
- Registered with the SEC as an investment advisor (status date on record: August 20, 2014).
Is Spiderrock Advisors, LLC a fiduciary?
Short answer: Spiderrock Advisors, LLC is registered with the SEC as an investment advisor.
More detail
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.
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: 12 staff are broker-dealer representatives and the firm has a related broker-dealer. 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 has a related insurance company or agency.
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.