Wanger Omniwealth, Ltd. (Chicago)


Wanger Omniwealth, Ltd. is a large advisory firm based in Chicago. It manages $180 million of regulatory assets for 44 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Colorado, Illinois, Missouri, and Washington.

Wanger Omniwealth provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wanger Omniwealth: assets under management

The assets under management (AUM) of Wanger Omniwealth, Ltd. is $180 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $150 million in discretionary accounts and $30 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.75 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.5 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wanger Omniwealth, Ltd. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wanger Omniwealth, Ltd.

Eric David Wanger has served as the Chief Investment Officer since 1 Jul 2009 and Don E Scott is the Chief Executive Officer of Wanger Omniwealth, Ltd. family office. Inc. Wanger Investment Management joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Wanger Investment Management Member 1 Jul 2009 50% - 75% 36-3871607
Ltd. Omniwealth Member 1 Jul 2009 50% - 75% 12-3456789
Don E Scott Chief executive officer/chief compliance officer 1 Jul 2009 Other 2753895
Eric David Wanger Chief investment officer 1 Jul 2009 Other 4727229

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Eric David Wanger President 1 Jan 1991 75% - 100% 4727229
Don E Scott Manager 1 Apr 2007 50% - 75% 2753895

Based in Chicago

The principal office where Wanger Omniwealth, Ltd. performs its advisory services is located at 401 N. Michigan Avenue, Chicago, IL 60611, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-245-8000 or by fax 661-459-2328. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.