Gambit Asset Management
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$32,719,900
Clients
17
65% high-net-worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
17
TypicalAverage account size
$1,924,700
About
Gambit Asset Management provides discretionary and non‑discretionary portfolio management, financial planning, financial consulting, family office and wealth‑planning services, and retirement‑plan advisory to individuals, high‑net‑worth clients, pension and profit‑sharing plans, and charitable organizations. The firm’s services include trustee‑directed plan management, participant‑directed retirement plan assistance, pension consulting, model portfolios, and selection/monitoring of third‑party money managers.
Advisory strategies are tailored to each client’s objectives and may be implemented through firm model portfolios or outside managers, with ongoing monitoring and at least annual reviews. The firm’s disclosed investment authority and strategy set is broad and may include mutual funds, ETFs, REITs, options, derivatives, structured products, private placements, and — where appropriate — crypto exposure (typically via ETFs).
Managing roughly $33 million for 17 clients, the brochure emphasizes work with pension/profit‑sharing plans and family office engagements and notes a typical account minimum of $1,000,000, which suggests a focus on larger or plan‑sponsor relationships relative to many independents. The brochure also discloses that a firm principal is licensed as a mortgage loan officer and may earn commission‑based compensation for mortgage products, a potential conflict of interest clients should consider.
Client services
Financial planning
Portfolio management
Selection of other advisers
Expertise
Private / alternative investments
Real estate investing
Options & derivatives strategies
Wealth management
Fee options
1.00% annually
$600 per hour for financial consulting services
Account minimum: $1,000,000
Main office location
Gambit Asset Management
Lake Forest IL, United States
Number of offices
1
Most active in
Gambit Asset Management has reported serving >5 clients in these states in the last 12 months.
Illinois
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
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