DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
North Star Investment Management Corporation
Latest filing Apr 14, 2026
First filing on the tape Mar 29, 2012 · 50 filings
SEC status approved since Apr 28, 2003
RAUM
$2.5B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
78%
$2.0B individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$227M
derived; firm RAUM over IAPD count
Employees
26
14 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
50 filings and snapshots on the tape
RAUM$2.5B as of Apr 14, 2026
Mar 29, 2012$483M then
HNW client RAUM$1.6B as of Apr 14, 2026
Mar 26, 2018$801M then
State-registered IARs (5.B.3)14 as of Apr 14, 2026
Mar 28, 201313 then
Employees (5.A)26 as of Apr 14, 2026
Mar 28, 201313 then
Private funds1 as of Mar 26, 2018
Mar 28, 20133 then
RAUM +9.7% over the last fiscal year+12% a year over threeIARs 15 to 14
Practice profile
derived from the filing of Apr 14, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $227MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 231derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.1MderivedHNW RAUM over HNW clients
- Average account
- $946,807derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 6.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.4derivedItem 5.A over advisors
- Advisors per office
- 3.7derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- -6.7%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.9%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, pension consulting, selection of other advisersreportedItem 5.G
- Wrap fee program
- $74.9MreportedItem 5.I
- Custody
- $242M, 98 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.6B63%
- Investment companies$398M16%
- Individuals$366M15%
- Pension and profit-sharing plans$130M5.2%
- Charitable organizations$20.5M0.8%
- Individual clients
- 2,023reported
- HNW clients
- 513reported
- Pension plan clients
- 80reported
- Charitable clients
- 22reported
- Accounts
- 2,643reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- $0 sponsored, $74.9M managedreported
- Custody of client assets
- $242M for 98 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.78 fund_share=0.16 institutional_share=0.06 related_bd=false related_bank=false bd_reps=4.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Peter David Gottlieb | Chicago, Il | May 12, 2003 | 36 y | 2 |
| Melissa F Diamond | Chicago, Il | Jul 9, 2004 | 28 y | 1 |
| Eric Charles Kuby | Chicago, Il | Sep 22, 2004 | 42 y | 1 |
| Matthew Henry SchwerinChartered Financial Analyst | Chicago, Il | Sep 16, 2005 | 36 y | 0 |
| Bradley Eric Cohen | Chicago, Il | Apr 24, 2006 | 28 y | 0 |
| Michael Neil MazurskyChartered Financial Consultant | Chicago, Il | Jan 5, 2009 | 31 y | 1 |
| Sharon Lee EganCertified Financial Planner | Chicago, Il | May 1, 2012 | 29 y | 1 |
| Aristotle Peter Petruleas | Chicago, Il | Feb 2, 2022 | 20 y | 0 |
| Colin Matthew Schwerin | Glen Ellyn, Il | Feb 22, 2024 | 11 y | 0 |
| Dana Cahan | Chicago, Il | Mar 3, 2025 | 25 y | 1 |
| Eric Jay PapenhagenCertified Financial Planner | Chicago, Il | Oct 13, 2025 | 27 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Allen Curtis Berg to Northcoast Asset Management LLCJan 31, 2020 · RIA to RIA
- Patricia Ann Blagojevich to B Riley Wealth ManagementSep 8, 2008 · Other
- Scott Arthur Mcgovney to LPL Financial LLCFeb 11, 2008 · Other
- Mark Francis Saran to Raymond James & Associates, Inc.Aug 6, 2007 · Other
Joined, latest
- Dana Cahan from Zuckerman Investment GroupMar 3, 2025 · RIA to RIA
- Sharon Lee Egan from SpcMay 1, 2012 · Other
- Michael Neil Mazursky from Prp Advisors LLCJan 5, 2009 · Other
- Scott Arthur Mcgovney from Banc One Securities CorporationMar 22, 2005 · Other
- Eric Charles Kuby from Wells Fargo AdvisorsSep 22, 2004 · Other
- Melissa F Diamond from North Star Investment Services, Inc.Jul 9, 2004 · Other
- Peter David Gottlieb from Fa Asset Management Inc.May 12, 2003 · Other
Private funds
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Kuby Gottlieb Special Value Fund, LPno longer reported | Private Equity Fund | $39.7M | 96 | Mar 28, 2013 |
| North Star Dividend Fund, L.P.no longer reported | Private Equity Fund | $21.9M | 99 | Mar 28, 2013 |
| North Star 10-10 Fund, L.P.no longer reported | Hedge Fund | $7.6M | 28 | Mar 28, 2013 |
Owners and control persons
Schedule A and B, latest filing
- Eric Bradley Cohen · Portfolio Managercontrolsince 06/2008 · owns less than 5%
- Andrew Eisenberg · Chief Compliance Officercontrolsince 03/2016 · owns less than 5%
- David Peter Gottlieb · Director; Presidentcontrolsince 08/2001 · owns less than 5%
- Charles Eric Kuby · Director; Chief Investment Officercontrolsince 10/2004 · owns less than 5%
- David Peter Gottlieb · Trusteecontrolsince 01/2018 · owns F of Peter D. Gottlieb Revocable Trust U/A/D 1/21/03
- Charles Eric Kuby · Trusteecontrolsince 01/2018 · owns F of Eric C Kuby Living Trust U/A/D 3/13/03
Entity owners
- North Star Financial Services Corp. · Shareholderdirect · owns 75% or more
- Eric C Kuby Living Trust U/A/D 3/13/03 · Shareholderindirect · owns 25% to 50% of North Star Financial Services Corp.
- Peter D. Gottlieb Revocable Trust U/A/D 1/21/03 · Shareholderindirect · owns 25% to 50% of North Star Financial Services Corp.
Related persons
Schedule D 7.A
- North Star Benefits, LLCreal estaten
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Chicago, Il · principal | 11 | 1 | 0 | ||
| Glen Ellyn, Il | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Highland Park, IL7 employees
- Glen Ellyn, IL1 employees
What changed
consecutive filings, newest first
- Accounts · 2,532 to 2,643Jul 8, 2025 to Mar 18, 2026
- Advisory employees · 15 to 14Jul 8, 2025 to Mar 18, 2026
- Charity clients · 24 to 22Jul 8, 2025 to Mar 18, 2026
- HNW clients · 469 to 513Jul 8, 2025 to Mar 18, 2026
- Individual clients · 1,996 to 2,023Jul 8, 2025 to Mar 18, 2026
- Pension plan clients · 54 to 80Jul 8, 2025 to Mar 18, 2026
- Assets in custody · $162M to $242MJul 8, 2025 to Mar 18, 2026
- Employees · 29 to 26Jul 8, 2025 to Mar 18, 2026
- State-registered IARs · 15 to 14Jul 8, 2025 to Mar 18, 2026
- Discretionary RAUM · $2.2B to $2.4BJul 8, 2025 to Mar 18, 2026
- HNW RAUM · $1.3B to $1.6BJul 8, 2025 to Mar 18, 2026
- Individual RAUM · $451M to $366MJul 8, 2025 to Mar 18, 2026
- Non-discretionary RAUM · $111M to $77.1MJul 8, 2025 to Mar 18, 2026
- Pension RAUM · $75.6M to $130MJul 8, 2025 to Mar 18, 2026
- RAUM · $2.3B to $2.5BJul 8, 2025 to Mar 18, 2026
- Wrap assets (manager) · $3.7M to $74.9MJul 8, 2025 to Mar 18, 2026
- Financial planning clients · 51-100 to 51-100Apr 30, 2025 to Jul 8, 2025
- Accounts · 2,434 to 2,532Oct 16, 2024 to Apr 30, 2025
- Advisory employees · 28 to 15Oct 16, 2024 to Apr 30, 2025
- BD registered reps · 5 to 4Oct 16, 2024 to Apr 30, 2025
- Charity clients · 22 to 24Oct 16, 2024 to Apr 30, 2025
- HNW clients · 407 to 469Oct 16, 2024 to Apr 30, 2025
- Individual clients · 1,960 to 1,996Oct 16, 2024 to Apr 30, 2025
- Assets in custody · $164M to $162MOct 16, 2024 to Apr 30, 2025
- State-registered IARs · 9 to 15Oct 16, 2024 to Apr 30, 2025
- Discretionary RAUM · $2.0B to $2.2BOct 16, 2024 to Apr 30, 2025
- HNW RAUM · $1.2B to $1.3BOct 16, 2024 to Apr 30, 2025
- Individual RAUM · $349M to $451MOct 16, 2024 to Apr 30, 2025
- Non-discretionary RAUM · $97.9M to $111MOct 16, 2024 to Apr 30, 2025
- Pension RAUM · $72.2M to $75.6MOct 16, 2024 to Apr 30, 2025
- RAUM · $2.1B to $2.3BOct 16, 2024 to Apr 30, 2025
- Related adviser · false to trueOct 16, 2024 to Apr 30, 2025
- Wrap assets (manager) · $3.1M to $3.7MOct 16, 2024 to Apr 30, 2025
- Accounts · 2,365 to 2,434May 15, 2023 to Mar 19, 2024
- BD registered reps · 6 to 5May 15, 2023 to Mar 19, 2024
- Charity clients · 23 to 22May 15, 2023 to Mar 19, 2024
- HNW clients · 343 to 407May 15, 2023 to Mar 19, 2024
- Individual clients · 1,947 to 1,960May 15, 2023 to Mar 19, 2024
- Pension plan clients · 63 to 54May 15, 2023 to Mar 19, 2024
- Assets in custody · $118M to $164MMay 15, 2023 to Mar 19, 2024
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
- North Star Investment Management Corporation · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business email
- info@nsinvest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 312-338-7788reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 312-440-5028reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 312-580-0900reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/north-star-investment-management-corp/mreportedpublic record, Form ADV, Sep 17, 2026
- Website
- NSINVEST.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 312-580-0900reportedpublic record, Form ADV, Apr 14, 2026
- Contact form
- nsinvest.com/contact-north-starreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- nsinvest.com/peoplereportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $227Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026