SEC-registered wealth management firm Broker-dealer affiliated
Quincy Wells Advisors, LLC
As of its Form ADV filed March 31, 2026, Quincy Wells Advisors, LLC, an SEC-registered, broker-dealer affiliated wealth management firm in Chicago, Illinois, reported $87.3 million in regulatory assets under management across 406 accounts, ranking #361 among all wealth firms in Illinois by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 307477
- SEC file number
- 801-118231
- Registered since
- March 16, 2020
- Latest Form ADV filing
- March 31, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 6
Key figures
- Regulatory assets under management
- $87.3 million
- Discretionary
- $40.0 million (45.8%)
- Non-discretionary
- $47.4 million
- Accounts
- 406 (259 discretionary)
- Clients
- 247, approximate as reported
- Employees
- 22
- Advisory staff
- 20 performing investment advisory functions
- Average account
- $215,140
- Asset growth, 1 year
- 93.7% (from $45.1 million a year earlier)
- Asset growth, 3-year annual rate
- 63.7% (from $19.9 million three years earlier)
- Asset growth, 5-year annual rate
- -4.0% (from $107.0 million five years earlier)
- Client growth, 1 year
- 216.7% (from 78)
Broker-dealer affiliated. The firm is itself a broker-dealer as well as an investment adviser (Form ADV Item 6.A(1)). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2020 | $100.0 million |
| October 4, 2021 | $107.0 million |
| October 3, 2022 | $7.5 million |
| October 5, 2023 | $19.9 million |
| October 1, 2024 | $14.6 million |
| September 2, 2025 | $45.1 million |
| October 2, 2026 | $87.3 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Individuals (other than high net worth) 232 clients | $40.5 million | |
| High net worth individuals 13 clients | $37.3 million | |
| Pension and profit sharing plans 1 client | $9.5 million | |
| Corporations or other businesses fewer than 5 clients | $81,360 |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Selection of other advisers
Financial planning clients (Item 5.H): 1-10.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Broker-dealer
- Insurance broker or agent
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 31
- Also registered through a broker-dealer
- 30
- Employees who are IARs (Form ADV 5.B(3))
- 0
Designations held by the firm's IARs: CFP 3, ChFC 2.
Between 14 and 21 of the firm's 31 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Illinois
| Firm | City | RAUM |
|---|---|---|
| Alliance Wealth Advisors | Carbondale | $88.4 million |
| Lenity Financial, Inc. | Geneva | $87.2 million |
| Assured Advisory Group, LLC | East Dundee | $87.1 million |
| Cline Financial Concepts, LLC | Champaign | $86.8 million |
| Trac Asset Management LLC | Oak Brook | $86.4 million |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Quincy Wells Advisors, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Wealth management firms in Illinois
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.