Sorsby Financial Corp. (Chicago)


Sorsby Financial Corp. is an adviser based in Chicago. It manages $19.57 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2006.

Sorsby Financial Corp provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sorsby Financial Corp: assets under management

The assets under management (AUM) of Sorsby Financial Corp. is $19.57 million. The firm's AUM has gone down by -36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $18.47 million in discretionary accounts and $1.09 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.42 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $364.94 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sorsby Financial Corp. for their services and products based on a percentage of assets under management, commissions, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Sorsby Financial Corp.

Charles Cawthon Sorsby has been acting as President since 1 Aug 1995. Linda Leigh Burney joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Charles Cawthon Sorsby President 1 Aug 1995 75% - 100% 809318
Linda Leigh Burney Chief compliance officer 1 Dec 2004 Other 1290973

Based in Chicago

The principal office where Sorsby Financial Corp. performs its advisory services is located at 676 N Michigan Ave Ste 3140, Chicago, IL 60611 2848, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-751-0469 or by fax 312-751-8125. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday.