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.
Zacks Investment Management, Inc.
Chicago, IL
CRD 110897
Firm filing updated May 29, 2026 ·
- $14.6BAssets
- 3,741Clients
- 11Advisory staff
- 12,368Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Individuals2,051
- High net worth individuals1,293
- Other investment advisors179
- Pension and profit sharing plans111
- Corporations or other businesses79
- and 4 more14
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 2,051 | $1.0 billion |
| High net worth individuals | 1,293 | $3.5 billion |
| Investment companies | 8 | $809.1 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $14.1 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 111 | $175.2 million |
| Charitable organizations | 2 | $28.5 million |
| State or municipal government entities (including government pension plans) | 2 | $42.5 million |
| Other investment advisors | 179 | $2.4 billion |
| Corporations or other businesses not listed above | 79 | $130.2 million |
| Other: "WRAP PROGRAMS" | 14 | $6.5 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
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
See all 6 services
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "CREATES AND MANAGES QUANTITATIVE INVESTMENT MODELS THAT ARE LICENSED TO SPONSORS OF UITS AND ETFS"
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "CREATES AND MANAGES QUANTITATIVE INVESTMENT MODELS THAT ARE LICENSED TO SPONSORS OF UITS AND ETFS"
Assets and accounts
- Regulatory assets$14.6 billion
- Accounts12,368
- DiscretionaryAll accounts
People
- Employees132
- Advisory staff11
- Broker-dealer reps53
- Licensed insurance agents0
- Planning clients26 to 50
Advisors
44 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 110897, SEC file 801-40592.
- Registered with the SEC as an investment advisor (status date on record: January 17, 1992).
Is Zacks Investment Management, Inc. a fiduciary?
Short answer: Zacks Investment Management, Inc. 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: 53 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'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.