SEC-Registered Investment Adviser
40/86 Advisors, INC.
Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated April 22, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.
Registration
- Status
- Approved
- Registered since
- October 20, 1982
- Principal office
- 11299 Illinois Street, Suite 200, Carmel, IN 46032
- Organized as
- Corporation, DE
- Fiscal year end
- December
- Umbrella registration
- Yes, 1 relying adviser
- Website
- 4086.com
Scale
- Regulatory AUM
- $30.5B
- Attributable to non-US clients
- $1.9B
- Accounts
- 13
- Clients
- 0
- Employees
- 84, 84 in advisory roles
- Private funds advised
- 3
- Private fund gross assets
- $298.8M
Business, clients and compensation, as filed
- Advisory activities
- portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients
- Compensated by
- a percentage of assets under management and performance-based fees
- Client types
- individuals (other than high net worth) (0); high net worth individuals (0); business development companies (0); pooled investment vehicles (3); insurance companies (7); corporations or other businesses (3)
- Related persons include
- a broker-dealer, another investment adviser, an insurance company or agency and a real estate broker or dealer
- Affiliates
- 1 broker-dealer, 1 investment adviser
Form ADV Item 11 disclosures
No yes answers on Item 11 as of the latest Form ADV (April 22, 2026). Item 11 covers the firm and its advisory affiliates.
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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.