CHESLEY, TAFT & ASSOCIATES, LLC
Adviser information for CHESLEY, TAFT & ASSOCIATES, LLC last updated from Form ADV on March 12th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Illinois, United States |
Employees
| Total Number of Employees | 16 |
|---|---|
| Investment Advisory/Research | 9 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,750 | $2.2B |
| Non-Discretionary | 65 | $178.2M |
| Total | 1,815 | $2.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 70 | $25.3M |
| HNW Individuals | 296 | $2.3B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $6.6M |
| Charitable organizations | 8 | $16.8M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 7 | $80.3M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-58177 |
|---|---|
| SEC ERA File Number | 801-58177 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 111578 |
| Legal Entity Identifier | None |
Principal Office
135 S. LASALLE STREETSUITE 2900
CHICAGO
IL
United States
Monday - Friday, 8:30AM TO 5:00PM
Tel: 312-873-1260, Fax: 312-873-1250
Chief Compliance Officer
DEBORAH STOTTS
CHIEF COMPLIANCE OFFICER
135 SOUTH LASALLE STREET
SUITE 2900
CHICAGO
IL
United States
Tel:
312-873-1248
Fax:
312-873-1250
D*******@**************M
(Full email address available in API data)
Regulatory Contact
MICHAEL RENETZKY
ATTORNEY
111 SOUTH WACKER DRIVE
CHICAGO
IL
United States
Tel:
312-443-1823
Fax:
312-896-6523
M********@************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CHESLEY, FARIS, FRANKLIN | Individual | – | PRINCIPAL, MANAGER AND CHAIRMAN | 06/2000 | 25-50% |
| GIARDINA, JOAN, MARIE | Individual | – | PRINCIPAL | 06/2003 | 10-25% |
| OLEARY, GREGORY, JAMES | Individual | – | PRINCIPAL | 01/2008 | 10-25% |
| ZAVALKOFF, BRIAN, AARON | Individual | – | PRINCIPAL | 06/2009 | 10-25% |
| GOLDSTEIN, WILLIAM, ALLEN | Individual | – | PRINCIPAL, PRESIDENT | 05/2012 | < 5% |
| SOBEL, JOHN, JEFFREY | Individual | – | PRINCIPAL | 05/2012 | 5-10% |
| STOTTS, DEBORAH, THIDA | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2016 | < 5% |
| CHESLEY, FARIS, FRANKLIN | Individual | FARIS F. CHESLEY TRUST DATED JUNE 7, 2002 | TRUSTEE | 06/2002 | > 75% |
| GIARDINA, JOAN, MARIE | Individual | JOAN M. GIARDINA TRUST DATED APRIL 09, 1998 | TRUSTEE | 04/1998 | > 75% |
| ZAVALKOFF, BRIAN, AARON | Individual | BRIAN A. ZAVALKOFF REVOCABLE TRUST DATED DECEMBER 23, 2003, AS AMENDED | TRUSTEE | 12/2003 | > 75% |
| GOLDSTEIN, WILLIAM, ALLEN | Individual | WILLIAM A. GOLDSTEIN REVOCABLE TRUST, DATED MAY 5, 1988, AS AMENDED AND RESTATED | TRUSTEE | 05/1988 | > 75% |
| STOFFREGEN, MICHAEL, PATRICK | Individual | – | MEMBER | 01/2020 | < 5% |
| SZAFRANSKI, MATTHEW, S | Individual | – | MEMBER | 01/2020 | < 5% |
| HINKO, JEFFREY | Individual | – | MEMBER | 01/2020 | < 5% |
| STOFFREGEN, MICHAEL, PATRICK | Individual | MICHAEL P STOFFREGEN REVOCABLE TRUST DATED 11/22/2010 | TRUSTEE | 11/2010 | |
| MICHAEL P STOFFREGEN REVOCABLE TRUST DATED 11/22/2010 | Domestic Entity | – | MEMBER | 01/2020 | < 5% |
| FARIS F. CHESLEY TRUST DATED JUNE 7, 2002 | Domestic Entity | – | MEMBER | 07/2009 | 25-50% |
| JOAN M. GIARDINA TRUST DATED APRIL 09, 1998 | Domestic Entity | – | MEMBER | 06/2009 | 10-25% |
| BRIAN A. ZAVALKOFF REVOCABLE TRUST DATED DECEMBER 23, 2003, AS AMENDED | Domestic Entity | – | MEMBER | 03/2016 | 10-25% |
| WILLIAM A. GOLDSTEIN REVOCABLE TRUST, DATED MAY 5, 1988, AS AMENDED AND RESTATED | Domestic Entity | – | MEMBER | 02/2017 | < 5% |
| DEBORAH T. STOTTS AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED MARCH 28, 2026 | Domestic Entity | – | MEMBER | 12/2022 | < 5% |
| STOTTS, DEBORAH, THIDA | Individual | DEBORAH T. STOTTS AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED MARCH 28, 2026 | TRUSTEE | 03/2006 | |
| Baumgart, Thomas, Alan | Individual | – | PRINCIPAL | 01/2022 | < 5% |