Fee-only adviser · Northbrook, IL
Avocet Capital Management LLC
Avocet Capital Management LLC is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Northbrook, Illinois. On its latest Form ADV, filed May 19, 2026, it reports $158M in regulatory assets under management, 40 individual clients and 2 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | SEC-registered |
|---|---|
| Firm CRD number | 156261 · SEC file 801-124866 |
| Office | 1363 Shermer Road Suite 200 Northbrook, IL 60062 |
| Phone | (312) 925-0152 |
| Website | www.avocetcapital.com |
| Regulatory assets under management | $158M ($151M discretionary) |
| Individual clients | 3 non-high-net-worth, 37 high-net-worth |
| Financial planning clients | 26-50 |
| How it charges | Percentage of assets, Hourly |
| Services | Financial planning, Portfolio management, Selection of other advisers |
| Employees | 2 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | May 19, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Northbrook
- Iron Financial LLC $489M
- Mendel Money Management Inc $317M
- Arthur M. Cohen & Associates LLC $1.1B
- Oak Wealth Advisors LLC $374M
- Trifecta Capital Advisors, LLC $927M
- Main Street Investment Advisors, LLC $250M
See all 17 fee-only advisers in Northbrook →
Nearby
- Glenview 3 firms
- Bannockburn 2 firms
- Deerfield 5 firms
- Glencoe 1 firm
- Highland Park 1 firm
- Northfield 7 firms
- Winnetka 8 firms
- Des Plaines 4 firms
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