Great Lakes Advisors, Llc
SEC-registered
Investment Adviser · Large ($10B–$100B)
CRD 110757
· SEC file 801-16937
· Chicago, IL
· WWW.WINTRUSTWEALTH.COM
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ADV data as of May 19, 2026
- Regulatory AUM
- $16.2B
- Discretionary
- $15.9B
- Clients
- 1,731
- Avg AUM / client
- $9.3M
- Accounts
- 2,978
- Employees
- 84
AUM over time
$3.6B
$16.2B
Dec 2011
May 2026
Annual snapshots from Form ADV filings · as of May 19, 2026
Asset allocation (SMA assets by investment type)
as of May 19, 2026
Exchange-traded equities
$11.0B
68%
Registered investment companies (funds/ETFs)
$1.6B
10%
US government & agency bonds
$1.5B
9%
State & local bonds
$969M
6%
Investment-grade corporate bonds
$969M
6%
Cash & equivalents
$323M
2%
Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 687 | $1.1B | 6.85% |
| High net worth individuals | 150 | $1.7B | 10.8% |
| Banking or thrift institutions | 0 | $0 | — |
| Investment companies | 5 | $4.4B | 27.5% |
| Pooled investment vehicles (non-investment companies) | 2 | $61.7M | 0.38% |
| Pension and profit sharing plans | 54 | $3.2B | 19.7% |
| Charitable organizations | 135 | $1.4B | 8.6% |
| State or municipal government entities | 6 | $1.0B | 6.23% |
| Other investment advisers | 1 | $43.2M | 0.27% |
| Insurance companies | 4 | $292M | 1.81% |
| Sovereign wealth funds and foreign official institutions | 0 | $0 | — |
| Corporations and other businesses | 57 | $834M | 5.16% |
| Other | 630 | $2.1B | 12.7% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $59.8M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Great Lakes Small Cap Trust | Other Private Fund | Delaware | $40.0M | 5 |
| Great Lakes Large Cap Value Fund, Llc | Other Private Fund | Delaware | $19.8M | 5 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| New England Teamsters Pension Fund New England Teamsters Pension Fund | Burlington, MA | 2024 |
| Local 68 Engineers Union Annuity Plan Local 68 Engineers Union Annuity Fund Board Of Trustees | 2024 | |
| Local 68 Engineers Union Pension Plan Local 68 Engineers Union Pension Fund Board Of Trustees | 2024 | |
| Western Glaziers Retirement Plan Board Of Trustees, Western Glaziers Retirement Plan | 2024 | |
| Journeymen & Apprentices Of Local 188 Pension Fund Trustees Of Journeymen & Apprentices Of Local 188 Pension Fund | 2024 | |
| International Association Of Firefighters Staff Representatives Pension Plan International Association Of Firefighters | 2024 | |
| International Association Of Firefighters Employees Pension Plan International Association Of Firefighters | 2024 | |
| Defined Contribution Plan Of The Mid Jersey Trucking Industry And Teamsters Local 701 Pension And Annuity Fund Defined Contribution Plan Of The Mid Jersey Trucking Industry And Team | 2024 | |
| Plumbers' Pension Fund, Local 130, U.A. Trustees Of The Plumbers Pension Fund, Local 130, U.A. | 2024 | |
| Defined Benefit Plan Of The Mid Jersey Trucking Industry And Teamsters Local 701 Pension And Annuity Fund Defined Benefit Plan Of The Mid Jersey Trucking Industry And Teamsters | 2024 | |
| Sheet Metal Workers Pension Fund Of Local Union No. 19 Sheet Metal Workers Pension Fund Of Local Union | 2024 | |
| Road Carriers Local 707 Pension Fund Board Of Trustees Of The Road Carriers Local 707 Pension Fund | 2024 | |
| Eastern Atlantic States Carpenters Pension Fund Board Of Trustees Eastern Atlantic States Carpenters Pension Fund | 2024 | |
| Asbestos Workers Local 42 Pension Fund Asbestos Workers Local 42 Pension Fund | Southeastern, PA | 2024 |
| Eastern Atlantic States Carpenters Annuity Fund Board Of Trustees Eastern Atlantic States Carpenters Annuity Fund | 2024 | |
| Ibew Local 595 Pension Plan Board Of Trustees, Ibew Local 595 Pension Plan | 2024 | |
| Boilermakers National Annuity Trust Board Of Trustees Boilermakers National Annuity | 2024 | |
| International Assoc Of Heat And Frost Insulators Local 17 Pension Fund Trustees Of Intl Assoc. Of Heat And Frost Insul Local 17 Pension Fund | 2024 | |
| National Production Workers Union Severance Trust Fund Trustees Of National Production Workers Union Severance Trust Fund | 2024 | |
| Ufcw Local 1262 & Employers Pension Fund Trustees Ufcw Local 1262 Pension Fund | 2024 | |
| Usw District 10, Local 286, Pension Plan Board Of Trustees Usw District 10,Local 286, | 2024 | |
| South Florida Electrical Workers Pension Plan Trustees Of South Florida Electrical Workers Pension Plan | 2024 | |
| Sheet Metal Workers' Local 10 Pension Fund Trustees Of Sheet Metal Workers' Local 10 Pension Fund | 2024 | |
| Central Pennsylvania Teamsters Defined Benefit Plan Central Pennsylvania Teamsters Pension Fund, Trustees | 2024 | |
| Teamsters Local 639 Employers Pension Trust Fund Joint Board Of Trustees Teamsters Local 639 Employers Pension Trust | 2024 | |
| International Union Of Operating Engineers Pension Fund Of Eastern Pennsylvania And Delaware International Union Of Operting Eng. Pen Fund Of E.Pennsylvania And De | 2024 | |
| Atlanta Ironworkers Local #387 Pension Plan Board Of Trustees Atlanta Ironworkers Local 387 Pension Pl | 2024 | |
| Central Pennsylvania Teamsters Retirement Income Plan 1987 Central Pennsylvania Teamsters Pension Fund, Trustees | 2024 | |
| Laborers District Council Pension And Disability Trust Fund No. 2 Laborers District Council Pension And Disability Trust Fund No. 2 | Columbia, MD | 2024 |
| Truck Drivers & Helpers Local Union No. 355 Retirement Plan Joint Board Of Trustees Of The Drivers And Helpers Local No. 355 | 2024 | |
| Navy Federal Credit Union Employees' Retirement Plan Navy Federal Credit Union | 2024 |
People (34)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Elliott Joseph Silver | Chief Compliance Officer | Oct 2004 (22y) | Less than 5% | |
| Getz, Bert, Atwater | Manager | Nov 2008 (18y) | Less than 5% | |
| Heitmann, Scott, Keith | Manager | Nov 2008 (18y) | Less than 5% | |
| Zidar, Thomas, Patrick | Manager Chairman | Nov 2008 (18y) | Less than 5% | |
| Glabe, Marla, Friedman | Manager | Oct 2009 (17y) | Less than 5% | |
| Calkins, Edward, Joseph | Manager & Sr. Managing Director | Jul 2011 (15y) | Less than 5% | |
| Kiley, Thomas, Regan | Manager & Chief Executive Officer | Jul 2011 (15y) | Less than 5% | |
| Timothy Allen Schlindwein | Manager | Chartered Investment Counselor | Jul 2011 (15y) | Less than 5% |
| James, Croft, W | Manager | Jul 2012 (14y) | Less than 5% | |
| Turner, Thomas, Jason | Chief Investment Strategist | Jan 2013 (14y) | Less than 5% | |
| Jon Edward Quigley | Chief Investment Officer Disciplined Equity | CFA | Oct 2013 (13y) | Less than 5% |
| Carlisle, Paul, Clayton | Manager | Mar 2014 (12y) | Less than 5% | |
| Kamradt, Michael, Paul | Manager | Jan 2019 (8y) | Less than 5% | |
| Mckinney, Suzet, Meylieu | Manager | Jan 2019 (8y) | Less than 5% | |
| Sarillo, Celena, Roldan | Manager | Jan 2019 (8y) | Less than 5% | |
| Smyth, Michael, J | Chief Financial Officer | Mar 2019 (7y) | Less than 5% | |
| Staffords, Ingrid, S. | Manager | Jul 2021 (5y) | Less than 5% | |
| Cosgrove, Margaret, Mary | Manager | Jan 2022 (5y) | Less than 5% | |
| Bruce Allen Ebel | Registered representative | CFP CFA | Jan 2026 (1y) | |
| Calvin Bradley Hays | Registered representative | Jan 2026 (1y) | ||
| Joseph Francis Sciaccotta | Registered representative | Jan 2026 (1y) | ||
| Lori Ann Heikkila Willis | Registered representative | Jan 2026 (1y) | ||
| Matthew Channell | Registered representative | Jan 2026 (1y) | ||
| Patrick Michael Morrissey | Registered representative | Jan 2026 (1y) | ||
| Peter F Lynch | Registered representative | CFP | Jan 2026 (1y) | |
| Richard Michael Rokus | Registered representative | CFA | Jan 2026 (1y) | |
| Ronee Nicole Greazel | Registered representative | CFA | Jan 2026 (1y) | |
| Ryan William Derosier | Registered representative | Jan 2026 (1y) | ||
| Sean Terrence Hipskind | Registered representative | CFP | Jan 2026 (1y) | |
| Steven Neil Schenker | Registered representative | Jan 2026 (1y) | ||
| Steven Paul Swensen | Registered representative | Jan 2026 (1y) | ||
| John Dennis Bright | Registered representative | CFA | Jan 2026 (1y) | |
| Bryan Patrick Long | Registered representative | Feb 2026 (0y) | ||
| Justin Andrews | Registered representative | Apr 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Whamco Holding Company | Corporate Parent | Nov 2008 | A | 75% or more |
| Wintrust Financial Corporation | Direct Owner | Nov 2008 | B | ≈ 56.25% – 100% via Whamco Holding Company |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Wintrust Financial Corporation: 75% – 100% of Whamco Holding Company × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $59.8M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Great Lakes Small Cap Trust | Other Private Fund | $40.0M | $1.0M | 5 |
| Great Lakes Large Cap Value Fund, Llc | Other Private Fund | $19.8M | $1.0M | 5 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (31)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| New England Teamsters Pension Fund | New England Teamsters Pension Fund | 21,670 | $9.1B | 10/01/2024 |
| Local 68 Engineers Union Annuity Plan | Local 68 Engineers Union Annuity Fund Board Of Trustees | 5,542 | $971M | 07/01/2024 |
| Local 68 Engineers Union Pension Plan | Local 68 Engineers Union Pension Fund Board Of Trustees | 2,270 | $462M | 07/01/2024 |
| Western Glaziers Retirement Plan | Board Of Trustees, Western Glaziers Retirement Plan | 887 | $414M | 07/01/2024 |
| Journeymen & Apprentices Of Local 188 Pension Fund | Trustees Of Journeymen & Apprentices Of Local 188 Pension Fund | 347 | $94.6M | 07/01/2024 |
| International Association Of Firefighters Staff Representatives Pension Plan | International Association Of Firefighters | 57 | $110M | 07/01/2024 |
| International Association Of Firefighters Employees Pension Plan | International Association Of Firefighters | 75 | $53.7M | 07/01/2024 |
| Defined Contribution Plan Of The Mid Jersey Trucking Industry And Teamsters Local 701 Pension And Annuity Fund | Defined Contribution Plan Of The Mid Jersey Trucking Industry And Team | 219 | $15.4M | 06/01/2024 |
| Plumbers' Pension Fund, Local 130, U.A. | Trustees Of The Plumbers Pension Fund, Local 130, U.A. | 3,098 | $1.7B | 06/01/2024 |
| Defined Benefit Plan Of The Mid Jersey Trucking Industry And Teamsters Local 701 Pension And Annuity Fund | Defined Benefit Plan Of The Mid Jersey Trucking Industry And Teamsters | 62 | $331M | 06/01/2024 |
| Sheet Metal Workers Pension Fund Of Local Union No. 19 | Sheet Metal Workers Pension Fund Of Local Union | 1,833 | $519M | 05/01/2024 |
| Road Carriers Local 707 Pension Fund | Board Of Trustees Of The Road Carriers Local 707 Pension Fund | 133 | $664M | 02/01/2024 |
| Eastern Atlantic States Carpenters Pension Fund | Board Of Trustees Eastern Atlantic States Carpenters Pension Fund | 12,161 | $5.0B | 01/01/2024 |
| Asbestos Workers Local 42 Pension Fund | Asbestos Workers Local 42 Pension Fund | 113 | $38.7M | 01/01/2024 |
| Eastern Atlantic States Carpenters Annuity Fund | Board Of Trustees Eastern Atlantic States Carpenters Annuity Fund | 14,943 | $2.2B | 01/01/2024 |
| Ibew Local 595 Pension Plan | Board Of Trustees, Ibew Local 595 Pension Plan | 1,536 | $546M | 01/01/2024 |
| Boilermakers National Annuity Trust | Board Of Trustees Boilermakers National Annuity | 27,657 | $1.3B | 01/01/2024 |
| International Assoc Of Heat And Frost Insulators Local 17 Pension Fund | Trustees Of Intl Assoc. Of Heat And Frost Insul Local 17 Pension Fund | 736 | $338M | 01/01/2024 |
| National Production Workers Union Severance Trust Fund | Trustees Of National Production Workers Union Severance Trust Fund | 186 | $9.6M | 01/01/2024 |
| Ufcw Local 1262 & Employers Pension Fund | Trustees Ufcw Local 1262 Pension Fund | 4,449 | $1.0B | 01/01/2024 |
| Usw District 10, Local 286, Pension Plan | Board Of Trustees Usw District 10,Local 286, | 0 | $72.2M | 01/01/2024 |
| South Florida Electrical Workers Pension Plan | Trustees Of South Florida Electrical Workers Pension Plan | 759 | $148M | 01/01/2024 |
| Sheet Metal Workers' Local 10 Pension Fund | Trustees Of Sheet Metal Workers' Local 10 Pension Fund | 2,561 | $406M | 01/01/2024 |
| Central Pennsylvania Teamsters Defined Benefit Plan | Central Pennsylvania Teamsters Pension Fund, Trustees | 5,287 | $1.5B | 01/01/2024 |
| Teamsters Local 639 Employers Pension Trust Fund | Joint Board Of Trustees Teamsters Local 639 Employers Pension Trust | 3,542 | $1.7B | 01/01/2024 |
Top 25 of 31 plans by assets.
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/19/2026 | 2.25 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
- • Other fees
- • FULCRUM FEE; ASSET-BASED FEE CONTINGENT ON PERFORMANCE
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- State Street $3.7B (23% of AUM) May 2026
- Wells Fargo $2.9B (19% of AUM) Mar 2025
- LPL Financial $2.5B (15% of AUM) May 2026
- Wintrust Private Trust Company, N.A. $1.7B (11% of AUM) May 2026
- Pershing $1.2B (15% of AUM) Feb 2019
- BNY Mellon $1.1B (7% of AUM) Mar 2024
- The Chicago Trust Company $1.1B (7% of AUM) Mar 2024
- Northern Trust $486M (3% of AUM) Mar 2024
- Goldman Sachs $173M (1% of AUM) Mar 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 19, 2026.
View current Form ADV (SEC/IAPD) ↗