BATES FINANCIAL ADVISORS, INC.

RIASEC RegisteredEst. 2011

Total AUM

$439M

Discretionary

$438M

100% of AUM

Avg account

$345K

Accounts

1,273

Employees

Advisory reps

Firm details

Headquarters: ROCKFORD, Illinois
CRD number: 116515
Registered since: February 28, 2011
Website: batesfinancialadvisors.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, ALTRUIST FINANCIAL LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI71%
Individuals28.72%
Charitable Organizations0.28%
Services: Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Bates Financial Advisors, Inc. is a privately held advisory corporation that has been SEC-registered since 2011. The firm serves both individual and family clients as well as institutional accounts, focusing primarily on financial planning and discretionary portfolio management for individuals and small businesses. Compensation is charged via a mix of percentage-of-AUM fees and fixed fees. The adviser reports affiliations with a broker‑dealer, a law firm, and an insurance company. Bates does not position itself as an ESG-focused manager, is not organized as a multi‑state adviser, and does not identify as a pension consultant or related adviser.