FIDUCIENT ADVISORS LLC

Chicago, IL · CIK 1729866 · 13F filing filed 2026-08-07

SEC-registered investment adviser since 1995 · limited liability company

Assets managed$97.5bn
Staff210 · 78 in investment roles
Main clients (by assets)Pension plans 48%, High net worth individuals 34%, Charities 18%
Websitefiducientadvisors.com
Form ADV · 2026-07-24SEC adviser record

Kindinstitutions
Others nearbyChicago, IL, Portland, OR, Indianapolis, IN, Windsor, CT, Boston, MA, Mc Lean, VA
FamilyFIDUCIENT ADVISORS LLC · 3 related pages

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Chicago, IL (main office)United States	United States	about 42
Windsor, CTUnited States	United States	24
Boston, MAUnited States	United States	6
Mclean, VAUnited States	United States	5
Kennebunk, MEUnited States	United States	1

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$698.4m reported value -8.7% vs Q1 2026

153positions

53.3%in top 10

24 new 38 added 54 reduced 10 sold out vs Q1 2026

Also in the report of:

Dorsey & Whitney Trust CO LLC – $10.0m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE S&P500 ETF IVV	IVV	96,974	$72.6m10.40%	10.40%	Reduced -2.8k	-2,801 -2.8%
2	ISHARES TR MSCI EAFE ETF EFA	EFA	532,654	$55.3m7.92%	7.92%	Added +9.8k	+9,789 1.9%
3	PACCAR INC COM PCAR	PCAR	365,929	$44.0m6.29%	6.29%	Unchanged
4	ISHARES TR CORE S&P SCP ETF IJR	IJR	282,414	$41.9m6.00%	6.00%	Reduced -4.5k	-4,463 -1.6%
5	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	425,525	$35.2m5.04%	5.04%	Added +29.7k	+29,692 7.5%
6	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	46,914	$32.2m4.61%	4.61%	Added +4.4k	+4,397 10.3%
7	VANGUARD SCOTTSDALE FDS LG-TERM COR BD VCLT	VCLT	371,100	$27.9m4.00%	4.00%	Added +17.8k	+17,777 5.0%
8	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	43,695	$21.9m3.13%	3.13%	Reduced -1.7k	-1,659 -3.7%
9	ISHARES INC CORE MSCI EMKT IEMG	IEMG	249,798	$20.7m2.96%	2.96%	Reduced -32.9k	-32,937 -11.7%
10	ISHARES TR CRE U S REIT ETF USRT	USRT	306,909	$20.4m2.92%	2.92%	Added +11.9k	+11,901 4.0%
11	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	24,727	$18.5m2.64%	2.64%	Added +144	+144 0.6%
12	ISHARES TR EAFE VALUE ETF EFV	EFV	211,734	$16.2m2.32%	2.32%	Added +5.5k	+5,490 2.7%
13	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	65,357	$15.9m2.27%	2.27%	Added +6.2k	+6,232 10.5%
14	ISHARES TR CORE US AGGBD ET AGG	AGG	149,252	$14.8m2.12%	2.12%	Reduced -18.7k	-18,662 -11.1%
15	VANGUARD INDEX FDS MID CAP ETF VO	VO	148,381	$12.0m1.71%	1.71%	Reduced -72.8k	-72,763 -32.9%
16	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	27,019	$10.0m1.43%	1.43%	Added +4.6k	+4,585 20.4%
17	APPLE INC COM AAPL	AAPL	29,666	$8.6m1.23%	1.23%	Reduced -7.5k	-7,465 -20.1%
18	ISHARES TR RUS 1000 ETF IWB	IWB	19,102	$7.8m1.12%	1.12%	Reduced -908	-908 -4.5%
19	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	96,619	$7.7m1.10%	1.10%	Unchanged
20	VANGUARD INDEX FDS SMALL CP ETF VB	VB	23,231	$7.0m1.01%	1.01%	Reduced -5.2k	-5,162 -18.2%
21	ISHARES TR MSCI EMG MKT ETF EEM	EEM	101,251	$6.9m0.99%	0.99%	Added +2.8k	+2,750 2.8%
22	EA SERIES TRUST CAMBRIA GLOBAL GEW	GEW	126,131	$6.9m0.99%	0.99%	Unchanged
23	ILLINOIS TOOL WKS INC COM ITW	ITW	24,216	$6.6m0.94%	0.94%	Reduced -34	-34 -0.1%
24	ISHARES TR CORE MSCI EAFE IEFA	IEFA	67,204	$6.5m0.93%	0.93%	Reduced -56.0k	-56,001 -45.5%
25	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	90,579	$6.5m0.92%	0.92%	Reduced -5.1k	-5,141 -5.4%
26	UBER TECHNOLOGIES INC COM UBER	UBER	87,328	$6.3m0.90%	0.90%	Reduced -36.1k	-36,111 -29.2%
27	NVIDIA CORPORATION COM NVDA	NVDA	29,814	$6.0m0.85%	0.85%	Reduced -13.7k	-13,742 -31.6%
28	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	68,613	$5.7m0.82%	0.82%	Added +3.6k	+3,621 5.6%
29	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	95,200	$5.7m0.81%	0.81%	Reduced -2.2k	-2,151 -2.2%
30	AON PLC SHS CL A AON	AON	15,135	$5.0m0.72%	0.72%	Reduced -168.2k	-168,175 -91.7%
31	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	54,729	$4.7m0.68%	0.68%	Added +801	+801 1.5%
32	RTX CORPORATION COM RTX	RTX	22,858	$4.3m0.62%	0.62%	Unchanged
33	BYLINE BANCORP INC COM BY	BY	110,850	$4.2m0.60%	0.60%	Reduced -3.4k	-3,422 -3.0%
34	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	11,863	$4.1m0.58%	0.58%	Unchanged
35	EA SERIES TRUST CAMBRIA GLOBAL E GEQ	GEQ	77,334	$4.0m0.57%	0.57%	New
36	ISHARES TR RUSSELL 2000 ETF IWM	IWM	12,546	$3.8m0.54%	0.54%	Reduced -1.6k	-1,625 -11.5%
37	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	15,124	$3.7m0.53%	0.53%	New
38	ISHARES TR RUS 1000 GRW ETF IWF	IWF	29,962	$3.7m0.53%	0.53%	Reduced -942	-942 -3.0%
39	VANGUARD SCOTTSDALE FDS VNG RUS2000GRW VTWG	VTWG	12,911	$3.7m0.53%	0.53%	New
40	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	43,095	$3.7m0.53%	0.53%	Added +6.9k	+6,856 18.9%
41	VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF VSS	VSS	23,054	$3.6m0.51%	0.51%	New
42	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	46,890	$3.4m0.49%	0.49%	Added +823	+823 1.8%
43	AMAZON COM INC COM AMZN	AMZN	14,365	$3.4m0.49%	0.49%	Reduced -2.1k	-2,056 -12.5%
44	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	20,411	$3.2m0.46%	0.46%	Reduced -4.2k	-4,223 -17.1%
45	MICROSOFT CORP COM MSFT	MSFT	7,729	$2.9m0.41%	0.41%	Reduced -211	-211 -2.7%
46	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	73,904	$2.7m0.39%	0.39%	Reduced -161	-161 -0.2%
47	ISHARES TR CORE S&P MCP ETF IJH	IJH	33,655	$2.6m0.37%	0.37%	Added +18	+18 0.1%
48	ALPHABET INC CAP STK CL A GOOGL	GOOGL	7,102	$2.5m0.36%	0.36%	Reduced -256	-256 -3.5%
49	DIAMONDBACK ENERGY INC COM FANG	FANG	13,874	$2.4m0.35%	0.35%	Reduced -224.3k	-224,259 -94.2%
50	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	47,369	$2.3m0.33%	0.33%	Added +25.1k	+25,088 112.6%
51	ISHARES TR EXPND TEC SC ETF IGM	IGM	14,264	$2.3m0.33%	0.33%	Unchanged
52	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	73,330	$2.3m0.33%	0.33%	Added +3.8k	+3,805 5.5%
53	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	84,803	$2.2m0.32%	0.32%	Added +977	+977 1.2%
54	ALPHABET INC CAP STK CL C GOOG	GOOG	6,241	$2.2m0.32%	0.32%	Reduced -3.8k	-3,750 -37.5%
55	ISHARES TR GLB INFRASTR ETF IGF	IGF	30,303	$2.0m0.29%	0.29%	Added +19.9k	+19,907 191.5%
56	BLACK STONE MINERALS L P COM UNIT BSM	BSM	142,237	$2.0m0.28%	0.28%	Unchanged
57	INVESCO EXCHANGE TRADED FD T S&P500 PUR GWT RPG	RPG	30,985	$2.0m0.28%	0.28%	Unchanged
58	ISHARES TR S&P 500 GRWT ETF IVW	IVW	14,185	$2.0m0.28%	0.28%	Reduced -863	-863 -5.7%
59	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	2,767	$1.9m0.28%	0.28%	Reduced -24	-24 -0.9%
60	GOLDMAN SACHS GROUP INC COM GS	GS	1,728	$1.7m0.25%	0.25%	Unchanged
61	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	62,710	$1.7m0.25%	0.25%	Reduced -6.4k	-6,372 -9.2%
62	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	2,330	$1.7m0.25%	0.25%	Reduced -13.7k	-13,696 -85.5%
63	ISHARES TR TIPS BD ETF TIP	TIP	15,338	$1.7m0.24%	0.24%	Added +72	+72 0.5%
64	ISHARES TR IBOXX INV CP ETF LQD	LQD	14,791	$1.6m0.23%	0.23%	Added +6	+6 0.0%
65	ISHARES TR AGENCY BOND ETF AGZ	AGZ	14,577	$1.6m0.23%	0.23%	Reduced -28	-28 -0.2%
66	ISHARES TR 7-10 YR TRSY BD IEF	IEF	16,630	$1.6m0.23%	0.23%	Reduced -15	-15 -0.1%
67	VISA INC COM CL A V	V	4,555	$1.6m0.22%	0.22%	Reduced -60	-60 -1.3%
68	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	2	$1.5m0.21%	0.21%	Unchanged
69	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	7,043	$1.4m0.20%	0.20%	New
70	ALPS ETF TR ALERIAN MLP AMLP	AMLP	25,390	$1.3m0.19%	0.19%	Added +474	+474 1.9%
71	META PLATFORMS INC CL A META	META	2,215	$1.2m0.18%	0.18%	Reduced -451	-451 -16.9%
72	INVESCO EXCHANGE TRADED FD T LARGE CAP VALUE PWV	PWV	15,465	$1.2m0.17%	0.17%	Unchanged
73	ISHARES TR RUS 1000 VAL ETF IWD	IWD	4,502	$1.1m0.16%	0.16%	Reduced -445	-445 -9.0%
74	ISHARES TR MSCI ACWI ETF ACWI	ACWI	6,486	$1.0m0.15%	0.15%	Reduced -583	-583 -8.2%
75	JOHNSON & JOHNSON COM JNJ	JNJ	3,973	$1.0m0.14%	0.14%	Reduced -27	-27 -0.7%
76	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	2,704	$988.7k0.14%	0.14%	Added +35	+35 1.3%
77	FLEXSHARES TR MORNSTAR USMKT TILT	TILT	3,500	$966.2k0.14%	0.14%	New
78	T ROWE PRICE ETF INC PRICE BLUE CHIP TCHP	TCHP	19,200	$961.7k0.14%	0.14%	Reduced -5.1k	-5,070 -20.9%
79	JPMORGAN CHASE & CO COM JPM	JPM	2,896	$947.9k0.14%	0.14%	Reduced -287	-287 -9.0%
80	CITIGROUP INC COM NEW C	C	6,701	$937.9k0.13%	0.13%	Unchanged
81	FLEXSHARES TR GLB QLT R/E IDX GQRE	GQRE	14,224	$910.3k0.13%	0.13%	New
82	ABBVIE INC COM ABBV	ABBV	3,615	$909.7k0.13%	0.13%	Added +24	+24 0.7%
83	MICRON TECHNOLOGY INC COM MU	MU	770	$888.8k0.13%	0.13%	Reduced -400	-400 -34.2%
84	EA SERIES TRUST CAMBRIA US EQUAL USEW	USEW	15,366	$857.9k0.12%	0.12%	Unchanged
85	VANGUARD SCOTTSDALE FDS VNG RUS1000IDX VONE	VONE	2,458	$832.6k0.12%	0.12%	New
86	ISHARES TR RUS MID CAP ETF IWR	IWR	7,479	$825.1k0.12%	0.12%	Added +276	+276 3.8%
87	ISHARES TR MSCI ACWI EX US ACWX	ACWX	10,462	$796.2k0.11%	0.11%	Reduced -719	-719 -6.4%
88	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	4,764	$752.8k0.11%	0.11%	Added +247	+247 5.5%
89	VANGUARD INDEX FDS VALUE ETF VTV	VTV	3,362	$732.6k0.10%	0.10%	Added +16	+16 0.5%
90	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	9,128	$721.4k0.10%	0.10%	Reduced -1.9k	-1,898 -17.2%
91	ISHARES TR RUS 2000 GRW ETF IWO	IWO	1,789	$704.9k0.10%	0.10%	Added +567	+567 46.4%
92	EAGLEROCK LD LLC CL A SHS REP LTD EROK	EROK	30,008	$637.7k0.09%	0.09%	New
93	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	6,602	$636.6k0.09%	0.09%	Added +8	+8 0.1%
94	ISHARES TR SELECT DIVID ETF DVY	DVY	3,896	$608.9k0.09%	0.09%	Reduced -4.6k	-4,631 -54.3%
95	ISHARES TR 1 3 YR TREAS BD SHY	SHY	7,374	$605.5k0.09%	0.09%	Unchanged
96	BROADCOM INC COM AVGO	AVGO	1,527	$576.8k0.08%	0.08%	Added +457	+457 42.7%
97	SPDR GOLD TR GOLD SHS GLD	GLD	1,537	$566.2k0.08%	0.08%	Unchanged
98	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	18,477	$543.8k0.08%	0.08%	Added +4.6k	+4,593 33.1%
99	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	9,085	$523.5k0.07%	0.07%	New
100	ISHARES TR RUS 2000 VAL ETF IWN	IWN	2,216	$490.3k0.07%	0.07%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
PRIMO BRANDS CORPORATION PRMB	PRMB	584,731	$11.0m584.7k shares
EXXON MOBIL CORP XOM	XOM	29,037	$4.9m29.0k shares
ORACLE CORP ORCL	ORCL	22,778	$3.4m22.8k shares
SPDR INDEX SHS FDS GNR	GNR	22,953	$1.7m23.0k shares
FLEXSHARES TR NFRA	NFRA	16,821	$1.1m16.8k shares
DICKS SPORTING GOODS INC DKS	DKS	1,992	$397.5k2.0k shares
PALANTIR TECHNOLOGIES INC PLTR	PLTR	1,617	$236.5k1.6k shares
JACOBS SOLUTIONS INC J	J	1,846	$235.0k1.8k shares
SCHWAB CHARLES CORP SCHW	SCHW	2,296	$215.8k2.3k shares
LIBERTY MEDIA CORP DEL FWONK	FWONK	2,460	$209.1k2.5k shares