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Fort Sheridan Advisors LLC

Updated today

Client AUM

$962,125,797

Clients

389

Advisors

8

across 3 offices

About

Fort Sheridan Advisors LLC provides discretionary investment management and institutional advisory services to family offices, high‑net‑worth individuals, pensions, endowments, trusts, charitable organizations, and other businesses. The firm offers customized portfolio management, selection and oversight of sub‑advisers, retirement plan management, and pension consulting across global equity, fixed‑income, foreign exchange, commodity, and credit markets.

The brochure describes a long‑term, value‑oriented approach that uses quantitative optimization, computer models, technical analysis, and qualitative judgment rather than an automated “robo‑advisor” model. Portfolios are managed under individualized mandates and, when authorized, a limited power of attorney for discretionary trading, with ongoing monitoring of sub‑advisers and periodic client reviews.

Distinctive disclosures include that certain advisory personnel are also registered representatives of a FINRA‑registered broker‑dealer and may receive transaction‑based compensation, and that the firm serves as a liquidation manager for single‑company private funds and may recommend private investments in which a principal has a financial interest. The brochure also describes the use of derivatives and option strategies (including swaps in pension engagements), while noting the firm does not charge performance‑based fees, does not participate in wrap‑fee programs, and does not use soft‑dollar arrangements.

Client services

Portfolio management Selection of other advisers

Expertise

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Founder/Business Owner Executive Retired

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Fee options

Fixed

Fixed fees are charged for investment advisory services, other than subscription fees.

Commissions

Advisory professionals may receive commissions for sale of securities and insurance products; commissions prohibited on securities transferred within 12 months.

Other

Minimum fee: Fort Sheridan's advisory fee maximum is 1.0% annually, negotiable; additional sub-adviser fees apply. Fee-only: Advisory fees based on a percentage of assets under management or fixed fees agreed upon prior to engagement.

Main office

See office

600 Central Avenue, Suite 365

Highland Park IL 60035

Advisors at this office

6

Most active in

California · Florida · Illinois · New York · Pennsylvania · Texas

Also doing business as

Fort Sheridan Advisors LLC · Hpo Partners · Hpop LLC

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Peter K

Series 66

Highland Park, IL

Fort Sheridan Advisors LLC

Peter Karmin is a financial advisor at Fort Sheridan Advisors LLC with 11 years of industry experience. He holds a Series 66 designation and previously worked at Western International Securities, Inc. for 11 years. Karmin serves on the Board of Trustees at Rhodes College. Fort Sheridan Advisors serves high-net-worth individuals, family offices, pensions, endowments, trusts, charitable organizations, and corporate clients by providing discretionary asset management and pension consulting. The firm employs a long-term, value-oriented investment approach that integrates quantitative tools with qualitative judgment and routinely uses derivatives and options strategies in client portfolios.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
user avatar

Thomas W

Series 63, Series 65

Highland Park, IL

Fort Sheridan Advisors LLC

Thomas Weil is a financial advisor with Fort Sheridan Advisors LLC in Highland Park, IL, holding Series 63 and Series 65 licenses and bringing 26 years of industry experience. He has worked at Fort Sheridan Advisors since 2012 and Aurora Securities Inc. since 2024. Fort Sheridan Advisors serves high-net-worth individuals, family offices, pensions, endowments, trusts, charitable organizations, and corporate clients with discretionary asset management and pension consulting. The firm employs a long-term, value-investor approach that integrates quantitative tools with qualitative judgment and is involved in private funds and institutional mandates across multiple asset classes.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
user avatar

Douglas P

Series 63, Series 65

Highland Park, IL

Fort Sheridan Advisors LLC

Douglas Purcell is a financial advisor at Fort Sheridan Advisors LLC with 31 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including Aurora Securities, Western International Securities, and Oppenheimer & Co. Inc. since 2011. Fort Sheridan Advisors serves high-net-worth individuals, family offices, pensions, endowments, trusts, charitable organizations, and corporate clients with discretionary asset management and pension consulting. The firm employs a long-term, value-investor approach that integrates quantitative tools with qualitative judgment and actively uses derivatives and option strategies in client accounts.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
user avatar

Stuart L

Series 66

Highland Park, IL

Fort Sheridan Advisors LLC

Stuart Loren is a financial advisor with Fort Sheridan Advisors LLC, holding a Series 66 designation and 10 years of industry experience. He has worked at Fort Sheridan Advisors since 2018 and previously held roles at Western International Securities, Inc. and Karmin Capital Management. Fort Sheridan Advisors serves high-net-worth individuals, family offices, pensions, endowments, trusts, charitable organizations, and corporate clients with discretionary asset management and pension consulting. The firm employs a long-term, value-investor approach that combines quantitative tools with qualitative judgment and is involved in private investments and liquidation management for private funds.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
user avatar

Alissa H

Series 66

Highland Park, IL

Fort Sheridan Advisors LLC

Alissa Hirsh is a financial advisor at Fort Sheridan Advisors LLC with seven years of industry experience. She holds the Series 66 designation and previously worked at Hall Capital Partners LLC and Western International Securities, Inc. She is also involved with Karmin Capital Management. Fort Sheridan Advisors LLC provides discretionary investment management and institutional advisory services to family offices, high-net-worth individuals, pensions, endowments, trusts, charitable organizations, and other businesses. The firm employs a long-term, value-oriented approach using quantitative optimization, computer models, technical analysis, and qualitative judgment.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
user avatar

Richard P

ChFC®, Series 63, Series 66

Boynton Beach, FL

Fort Sheridan Advisors LLC

Richard Preston is a ChFC® with 30 years of experience in the financial services industry. He has worked with Northwestern Mutual in various roles from 1996 to 2026 before joining Fort Sheridan Advisors LLC in 2026. Fort Sheridan Advisors LLC provides discretionary investment management and institutional advisory services to family offices, high-net-worth individuals, pensions, endowments, trusts, charitable organizations, and other businesses. The firm employs a long-term, value-oriented approach that incorporates quantitative optimization, computer models, technical analysis, and qualitative judgment, managing portfolios under individualized mandates with ongoing monitoring and client reviews.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
user avatar

Alison W

Series 63, Series 66

Evans City, PA

Fort Sheridan Advisors LLC

Alison Wilson is a financial advisor at Fort Sheridan Advisors LLC with 20 years of industry experience. She holds Series 63 and Series 66 credentials and has worked at firms including Aurora Securities and Western International Securities. She serves as Secretary of the Board for Hounds of Honor, a nonprofit organization. Fort Sheridan Advisors LLC provides discretionary investment management and institutional advisory services to family offices, high-net-worth individuals, pensions, endowments, trusts, charitable organizations, and other businesses. The firm employs a long-term, value-oriented approach that combines quantitative optimization, computer models, technical analysis, and qualitative judgment to manage customized portfolios and oversee sub-advisers.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
user avatar

Nicole H

Series 65

Highland Park, IL

Fort Sheridan Advisors LLC

Nicole Hansen is a financial advisor at Fort Sheridan Advisors LLC with a Series 65 designation and one year of industry experience. Prior to joining Fort Sheridan Advisors, she held roles at Davidson Hospitality Group and the University of Nebraska. Fort Sheridan Advisors serves a diverse client base including high-net-worth individuals, family offices, pensions, endowments, trusts, charitable organizations, and corporate clients. The firm employs a long-term, value-investor approach combined with quantitative and qualitative methods, and is known for its use of derivatives and private investment activities.

Active portfolio management Options & derivatives strategies Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Retired
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