AdFi
DP

DEARBORN PARTNERS L.L.C.

SEC Registered

Discipline. Focus. Consistency.

CHICAGO, ILhttps://dearbornpartners.com312-795-1000
Assets Under Management
$1B–$5B
Year Founded
1997
Employees
24
Office Locations
1 office
Total Accounts
2124

About the firm

Dearborn Partners is an independent, privately held boutique investment management firm founded in 1997 and headquartered in Chicago, IL. What started as three Chicago investment managers with a desire to provide a more personalized level of service has grown into a full team of experienced finance professionals. The firm serves high net-worth individuals, institutional investors, and financial advisors.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net WorthInvestment CompaniesPension/Profit SharingState/Municipal

Areas of expertise

Rising Dividend StrategySeparately Managed AccountsPrivate Wealth ManagementInstitutional InvestmentEquity ResearchDividend Growth InvestingInvestment Advisory

Services

Rising Dividend separately managed account (SMA) strategies, Private Wealth Management, and Institutional Investment products and services tailored for pensions and endowments

wealth_management

Who they serve

High net-worth individuals, institutional investors (pensions and endowments), and financial advisors

Client segmentClientsAssets managed
Individuals (Non-HNW)108$49M
High Net Worth Individuals142$1.0B
Charitable Organizations18$506M
State/Municipal Entities2
Insurance Companies14

21 total clients reported on Form ADV.

Leadership

Michael B Andelman
MEMBER
Carol Milius Lippman
MEMBER
Richard Robert Seitz
MEMBER

Office locations

1 office in 1 state
IL
CHICAGOHQ

Advisors at this firm

10 advisors in the directory

Regulatory & compliance

CRD number
#108147
SEC Number
801-54279
Disciplinary History
No
Fee Model & Minimums
Model: AUM
Minimum: $100,000 (waivable)

Data as of March 23, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

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Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. DEARBORN PARTNERS L.L.C. has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

DEARBORN PARTNERS L.L.C. in CHICAGO, IL | AdvisorFinder