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Steven Swensen

Great Lakes Advisors, LLC
13 Years of Experience
Chicago, IL
1 Disclosure
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Steven Swensen is a registered investment advisor at Great Lakes Advisors, LLC, based in Chicago, IL, with 13 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,731 clients with $16B in assets under management.

Great Lakes Advisors, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
19 advisors
Number of Clients
1,731 clients
Average Client Portfolio
$9.3M average
Assets Under Management
$16.2B

Fee Structure

Minimum Investment:$1M
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $5.0M0.75%
$5.0M - $10.0M0.50%
$10.0M - $25.0M0.35%
$25M+0.25%

Fees and minimums are negotiable. Institutional and other program schedules vary by strategy type.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

231 S. Lasalle Street, 4th Floor, Chicago, IL, 60604

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Employment Separation After Allegations
February 2004
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Steven is a partner in Every Magic Seed Holdings and Blue Spruce Properties since 2020, spending minimal time on administrative and business development/property management tasks. He also works full-time as a portfolio manager for Great Lakes Advisors, LLC since August 2023, handling client service and portfolio management.

Employment History
Current Registrations
Great Lakes Advisors, LLC
January 2026 - Present · 9 mos
Previous Registrations
Great Lakes Advisors, LLC
September 2023 - December 2025 · 2 yrs 3 mos
Wintrust Investments LLCBroker
August 2023 - July 2025 · 1 yr 11 mos
Morgan Stanley
June 2017 - May 2022 · 4 yrs 11 mos
Morgan StanleyBroker
May 2017 - May 2022 · 5 yrs
Janus Distributors LLCBroker
April 2003 - February 2004 · 10 mos
Fidelity Investments Institutional Services Company, INC.Broker
February 2001 - October 2002 · 1 yr 8 mos
Fidelity Brokerage Services LLCBroker
November 1997 - February 2001 · 3 yrs 3 mos
State Registrations1 state
IL
Advisor

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Exams
No exam information available for this advisor.
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