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Impact Advisors LLC

Impact Advisors LLC is an SEC-registered investment adviser since 2024. The firm manages approximately $828 million in regulatory assets. It has 4 employees...

Impact Advisors LLC logo

Impact Advisors LLC

Impact Advisors LLC is an SEC-registered investment adviser since 2024. The firm manages approximately $828 million in regulatory assets. It has 4 employees and 4 investment advisers.

General information

Firm type

other

Year founded

2007

Location

Region

North America

Country

United States

City

Naperville

Corporate office

Naperville, IL, United States

Principals

Andy Smith

Managing Partner & Co-Founder

Peter Smith

Managing Partner & Co-Founder

Sector focus

Healthcare Services

Frequently asked questions

Who owns Impact Advisors?

The firm is privately held by its partners. Andy Smith and Peter Smith co-founded the firm in 2007 and remain managing partners. There is no outside private equity or public ownership.

What does Impact Advisors actually do?

It provides healthcare-specific consulting across clinical transformation, revenue cycle management, digital health, data and analytics, cybersecurity, and interoperability. Engagements range from EHR implementation and optimization to strategic advisory on value-based care.

Does Impact Advisors work with a specific EHR vendor?

The firm maintains alliances with major vendors including Epic, Cerner, and Meditech. It is recognized for large-scale implementation and optimization work across these platforms, particularly at academic medical centers.

How large is Impact Advisors?

The firm reports roughly 1,000 professionals and has offices in Naperville and Chicago, Illinois. It has grown primarily through organic hiring rather than acquisition.

Who makes investment or capital-allocation decisions at Impact Advisors?

Impact Advisors is not an investment firm and does not manage external capital. Strategic and financial decisions rest with the managing partners and the partnership group. There is no AUM or investment committee in the allocator sense.

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