Asset ManagerRIA · CRD 108254SEC-RegisteredPrivate Fund Adviser

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Advisory Research Inc

ADVISORY RESEARCH INC is an SEC-registered investment adviser in CHICAGO, IL, registered since 1978.

Advisory Research Inc

ADVISORY RESEARCH INC is an SEC-registered investment adviser in CHICAGO, IL, registered since 1978. The firm manages $991 million in assets, $989 million on a discretionary basis. It has 14 employees and 8 investment advisers.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Principals

John P. Kern

CEO

William H. Smith III

President

Sector focus

Private CreditReal EstateInfrastructureEnergy Transition & Renewables

Frequently asked questions

Who runs investment decisions at Advisory Research Inc?

John P. Kern serves as CEO, with William H. Smith III as President. The firm does not publicly disclose a chief investment officer (CIO). As an asset manager, investment decisions are made by Kern and Smith in consultation with the firm's investment committee (public record).

How does Advisory Research Inc source deal flow?

The firm sources deals through direct origination, co-investment relationships with other institutional investors, and through its network in middle-market private credit, real estate, and infrastructure sectors. Public filings suggest proprietary sourcing through these channels.

Is Advisory Research Inc structured as a single family office or does it operate more like an asset manager?

Advisory Research Inc is structured as an independent asset manager, not a single or multi-family office. It manages capital for institutional and accredited investors through pooled vehicles and separate accounts (public record).

What investment stages does Advisory Research Inc typically target?

The firm focuses on middle-market direct and co-investment opportunities across private credit, real estate, infrastructure, and energy transition. It targets primarily growth and value-oriented stages, with a preference for control or influential minority positions.

What sectors does Advisory Research Inc explicitly avoid?

No explicit avoidance list is publicly disclosed. The firm's known focus excludes public equities and passive market strategies, concentrating instead on direct or co-investment in private assets (public record).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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