Sbb Research Group LLC
Registered investment adviser · Northbrook, IL · CRD #161109
Form ADV data as of 2026-09-01Regulatory assets
$3.26 billion
Total accounts
11
Employees
28
Disclosure events
1
Firm details
- Website: https://x.com/sbbresearch
- Telephone: 847-656-1111
- SEC file number: 801-79560
- Most recent Form ADV filing: 2026-08-05
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 1 disclosure question answered Yes, covering 1 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- Currently subject to a regulatory proceeding that could result in a disclosure under 11.C., 11.D., or 11.E.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $3.23 billion |
| Non-discretionary regulatory assets under management | $29.6 million |
| Total regulatory assets under management | $3.26 billion |
| Discretionary accounts | 10 |
| Non-discretionary accounts | 1 |
| Total accounts | 11 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 28 |
| Employees performing investment advisory functions (including research) | 11 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 1 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $3.20 billion |
| Clients for whom the firm has custody | 8 |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 9 |
How the firm is compensated
Advisory services offered
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
Client types
| Type of client | Clients | Assets |
|---|---|---|
| High net worth individuals | 3 | $58.6 million |
| Pooled investment vehicles (other than investment companies and BDCs) | 7 | $3.20 billion |
| Other | Not reported | $3.6 million |