Chicago Investment Advisory Council, Inc.

Chicago Investment Advisory Council, Inc. is an Illinois corporation that became registered as an investment advisor with the SEC in 2021, having been registered with the State of Illinois Department of Securities from 1997 to 2021. The firm's founder, John E. Davis, Sr., serves as the managing principal and Chief Compliance Officer. CIAC offers investment advisory services on a discretionary and non-discretionary basis to various clients, including individuals, high net worth individuals, corporations, trusts, charitable organizations, and more. The firm provides services such as initial consultation, portfolio review, financial planning, active asset management, educational workshops, and retirement plan consulting. CIAC primarily employs fundamental, technical, and cyclical analysis in its investment strategies, focusing on asset allocation, long-term purchases, short-term purchases, and options. The firm charges asset-based fees ranging from 1.00% to 2.00% annually for discretionary accounts and 0.50% to 1.50% for non-discretionary accounts. Hourly fees range from $150 to $250 per hour, and fixed fees range from $100 to $2,500. CIAC does not engage in performance-based fees, side-by-side management, or proxy voting for clients. The firm does not have custody of client funds and maintains a Code of Ethics to ensure client interests are prioritized. Client information is kept confidential, and CIAC does not sell client information. The firm may share information with vendors and its broker-dealer, J.W. Cole Financial, for account servicing purposes. Clients are provided with regular account reviews, and CIAC does not have any disciplinary information to disclose.