BATES FINANCIAL ADVISORS, INC.
Adviser information for BATES FINANCIAL ADVISORS, INC. last updated from Form ADV on March 28th, 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Illinois, United States |
Employees
| Total Number of Employees | 9 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 2 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,685 | $421.9M |
| Non-Discretionary | 79 | $8.5M |
| Total | 1,764 | $430.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 475 | $150.1M |
| HNW Individuals | 159 | $279.4M |
| 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 | 0 | $0 |
| Charitable organizations | <5 | $255,534 |
| 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 | 0 | $0 |
| Other | <5 | $642,807 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-72191 |
|---|---|
| SEC ERA File Number | 801-72191 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 116515 |
| Legal Entity Identifier | None |
Principal Office
8437 NORTHERN AVEROCKFORD
IL
United States
Monday - Friday, 8 AM - 5 PM
Tel: 815-332-4020, Fax: 815-332-4002
Websites
Chief Compliance Officer
GEORGE E BATES
PRESIDENT
8437 NORTHERN AVE
ROCKFORD
IL
United States
Tel:
815-332-4020
Fax:
815-332-4002
G******@******************M
(Full email address available in API data)
Regulatory Contact
JENNIFER CHARLES
SPECIAL ASSISTANT
8437 NORTHERN AVE
ROCKFORD
IL
United States
Tel:
815-332-4020
Fax:
815-332-4002
J*******@******************M
(Full email address available in API data)
Industry Affiliates
| BATES FINANCIAL SERVICES, INC. | Insurance company or agency |
| BATES SECURITIES, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerInsurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BATES, GEORGE, ERNEST | Individual | – | PRESIDENT, CHIEF COMPLIANCE OFFICER | 09/1984 | > 75% |
| BATES, CAROL, EVELINE | Individual | – | SECRETARY | 08/2020 | < 5% |