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 Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 2,123 clients with $15B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.35% |
| $25M+ | 0.25% |
Fees are negotiable. The standard minimum account size is $1,000,000 for Equity and Balanced accounts; and $2,000,000 for Fixed Income accounts. For purposes of the minimum account size and the overall fee charged, related accounts may be aggregated.
Fee Estimator
Location
231 S. Lasalle Street, 4th Floor, Chicago, IL, 60604
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
February 2004Other 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
Previous Registrations
Great Lakes Advisors, LLC
Wintrust Investments LLCBroker
Morgan Stanley
Morgan StanleyBroker
Janus Distributors LLCBroker
Fidelity Investments Institutional Services Company, INC.Broker
Fidelity Brokerage Services LLCBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.