Fort Sheridan Advisors LLC logo

Fort Sheridan Advisors LLC

Updated today

Client assets under management

$962,125,797

Clients

389

44% high-net worth

Advisors

8

of 10 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

49

Low

Average account size

$2,473,331

About

Fort Sheridan Advisors LLC serves family offices, high-net-worth individuals, pensions, endowments, foundations, trusts and corporate clients by providing discretionary asset management, sub-adviser selection and pension consulting. The firm also serves as a liquidation manager for certain single-company private funds and constructs customized mandates across multiple asset classes.

The firm follows a long-term, value-investor approach across global equity, fixed income, currency, commodity and credit markets and tailors portfolios to each client’s objectives, liquidity needs and risk tolerance. Portfolio construction blends quantitative tools (optimization, computer-based risk/return analysis and technical models) with qualitative human judgment rather than a “robo-adviser” framework, and Fort Sheridan commonly receives limited power of attorney to implement client strategies.

Distinctive features noted in the brochure include active use of derivatives and option strategies in separately managed accounts and in pension consulting (including interest-rate and equity swaps), and management relationships with pooled institutional vehicles and large pensions/endowments that are not reflected in regulatory AUM. The firm also discloses that some advisors are registered representatives who may receive commissions on certain securities and insurance sales and that the firm may recommend private investments in which a firm principal has an interest; these arrangements are disclosed and governed by the firm’s code of ethics and related policies.

Client services

Portfolio management Selection of other advisers

Expertise

Active portfolio management Options & derivatives strategies Concentrated stock management

Occupation focus

Founder/Business Owner Retired

Fee options

Percentage

Maximum 1.0% annually, negotiable

Commissions

Advisory professionals may receive commissions for securities and insurance product sales

Other

Fee-only: Fixed fees (other than subscription fees), negotiated per client

Main office location

Fort Sheridan Advisors LLC

600 Central Avenue, Suite 365

Highland Park IL 60035, United States

Number of offices

1

Most active in

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

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 Founder/Business Owner 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 Founder/Business Owner 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 Founder/Business Owner 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 Founder/Business Owner 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 a Series 66 designation and previously worked at Western International Securities, Inc. and Hall Capital Partners LLC. Outside of her advisory role, she is involved with Karmin Capital Management. 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-investor approach that integrates quantitative tools with qualitative judgment, and it engages in private fund management and other institutional mandates across global markets.

Active portfolio management Options & derivatives strategies Concentrated stock management Founder/Business Owner Retired
user avatar

Richard P

ChFC®, Series 63, Series 66

Boynton Beach, FL

Fort Sheridan Advisors LLC

Richard Preston is a ChFC® credentialed financial advisor with 29 years of industry experience. He is currently with Fort Sheridan Advisors LLC and has a long tenure at Northwestern Mutual in various investment and wealth management roles. Preston holds insurance licenses in life and health. Fort Sheridan Advisors serves a diverse client base including high-net-worth individuals, family offices, pensions, and charitable organizations, providing discretionary asset management and pension consulting. The firm employs a long-term, value-oriented investment approach that integrates quantitative models with qualitative judgment and actively uses derivatives and options strategies in client portfolios.

Active portfolio management Options & derivatives strategies Concentrated stock management Founder/Business Owner 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 licenses and has worked at firms including Morgan Stanley and Western International Securities. Outside of her advisory role, she serves as Secretary of the Board for the nonprofit organization Hounds of Honor. 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 combines quantitative tools with qualitative judgment and routinely uses derivatives and option strategies in client portfolios.

Active portfolio management Options & derivatives strategies Concentrated stock management Founder/Business Owner 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 Founder/Business Owner Retired
Warmer team member

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")