Mesirow Financial

What Mesirow Financial does

Mesirow Financial Holdings, Inc. is an employee-owned, privately held diversified financial services firm founded in 1937 and headquartered in Chicago, Illinois. The firm operates through integrated business lines spanning Wealth Management, Investment Banking, Capital Markets (CTL and Structured Debt Products, DST Bridge Equity, Institutional Sales and Trading, Public Finance, Sale-Leaseback Capital), Currency Management (Mesirow Currency Management), Fiduciary Solutions, Private Capital (Alternative Credit, Institutional Real Estate Direct, Private Equity), and Executive Benefit Services. It reports $359B+ in total assets under supervision as of 12.31.2025 and serves HNW individuals and families, corporations and PE firms, plan sponsors, and institutional clients globally with offices in the US, London, and Tokyo.

The platform combines discretionary and non-discretionary portfolio management through SEC-registered investment advisor subsidiaries (Mesirow Financial Investment Management, MFIM; Mesirow Institutional Investment Management; Mesirow Financial Private Equity Advisors) with sector-focused M&A advisory, structured debt origination, institutional sales and trading, and proprietary currency strategies including the Global Volatility Indicator, Extended Markets, Asian Markets, and Emerging Markets Currency Alpha, plus a Systematic Macro Strategy and Intelligent Multi-Strategy Currency Factor combining momentum, carry, and value. Fiduciary Solutions distributes through plan sponsors, recordkeepers, and pooled employer plan partners including ADP (ERISA 3(38) manager for Save4Retirement PEP) and Pentegra, and was extended in 2026 with IncomeSelect, a target-date collective trust fund with T. Rowe Price, TIAA, and Transamerica providing guaranteed lifetime income.

Revenue is generated through a mix of recurring advisory and asset management fees (Wealth Management, Fiduciary Solutions, Private Capital, Investment Management) and transaction-based fees (Investment Banking M&A advisory, Capital Markets CTL and structured debt, Institutional Sales and Trading, Sale-Leaseback Capital, Currency trading). Pricing is not publicly disclosed; advisory fees follow industry-standard Form ADV schedules and IB/Capital Markets fees are engagement-specific. Distribution is sales-led, combining direct advisor relationships, institutional sales teams, sector-focused IB coverage, and channel partnerships (ADP, Pentegra, GMO Payment Gateway, LeafHouse Financial Advisors). Mesirow maintains strategic partnerships with CIBC and Alliant Mesirow Insurance Services, and its Tokyo office (2025) anchors Asia-Pacific expansion. The firm has been named a Barron's Top 100 RIA Firm for 5 consecutive years and has multiple Forbes SHOOK Best-in-State advisor recognitions.

Name

Mesirow Financial

Legal name

Mesirow Financial Holdings, Inc.

Website

https://www.mesirow.com/

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Mesirow Financial is an employee-owned, Chicago-based diversified financial services firm founded in 1937 managing $359B+ in assets. It serves HNW individuals, corporations, PE firms, plan sponsors, and institutions through Wealth Management, Investment Banking, Capital Markets, Currency Management, Fiduciary Solutions, and Private Capital.

Ownership category

akta.pro rank

Product category

Diversified Financial Services

NAICS

Finance and Insurance (52), Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211), Loan Brokers (6163)

akta.pro primary industry

Private Client/High-Net-Worth Advisory (FSAEAAAN)

akta.pro secondary industries

Discretionary Portfolio Management (DPM) (FSAAABAC), Private Banking & UHNW Wealth Advisory (FSAEABAC), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Mezzanine / Subordinated Debt (FSANADAC), Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM)

Keywords

• Wealth management services
• Investment banking advisory
• Capital markets solutions
• Fiduciary retirement services
• Currency risk management

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Advisory Services: Mesirow Financial Investment Management, Inc. (MFIM) provides investment advisory services. Registered investment advisor offering discretionary and non-discretionary portfolio management for wealth management clients.
2. Wealth Management: Comprehensive wealth planning and investment management services for individuals, families, and business owners including estate planning, retirement planning, and investment advice.
3. Investment Banking: M&A advisory, corporate finance, and capital markets services for entrepreneurs, private equity firms, family offices, and corporations.
4. Fiduciary Solutions: Institutional investment solutions for retirement and health savings marketplaces including ERISA 3(38) investment management for pooled employer plans.
5. Capital Markets: CTL and Structured Debt Products, DST Bridge Equity, Institutional Sales and Trading, Public Finance, Sale-Leaseback Capital, and Currency services.
6. Private Capital: Alternative Credit, Institutional Real Estate Direct, and Private Equity investment management services.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Mesirow Financial is an employee-owned, diversified financial services firm offering wealth management, investment banking, capital markets, fiduciary retirement solutions, private capital, currency management, and executive benefit services. The firm serves high-net-worth individuals and families, corporations, private equity firms, plan sponsors, and institutional investors across the U.S., EMEA, and Asia-Pacific. It manages $359B+ in total assets under supervision and operates through multiple SEC-registered investment advisor and FINRA-member subsidiaries.

Product overview

Mesirow Financial is an employee-owned, diversified financial services firm offering a comprehensive platform of financial products and services. The core offerings span Capital Markets (including CTL and Structured Debt Products, DST Bridge Equity, Institutional Sales and Trading, Public Finance, and Sale-Leaseback Capital), Currency services, Executive Benefit Services, Fiduciary Solutions for retirement plans, Investment Banking, Private Capital (Alternative Credit, Institutional Real Estate Direct, and Private Equity), and Wealth Management. The firm serves institutional and individual clients through these integrated divisions, with $359B+ in total assets under supervision and 89 years of market experience.

Differentiator

Problem solved

Functional benefit

Brands

• Mesirow Currency Management (MCM): A division providing currency risk management, currency for return, and fiduciary FX trading solutions
• Mesirow Single Tenant Properties

Products and services

• Wealth Management Comprehensive personal wealth planning and investment management for individuals, families, organizations, athletes, and business owners, including estate planning, retirement planning, investment advice, and multi-generational wealth transfer strategies.
• Investment Banking M&A advisory, corporate finance, debt advisory, financial sponsor coverage, and capital markets services for entrepreneurs, private equity firms, family offices, and corporations across sectors including Aerospace & Defense, Consumer & eCommerce, Healthcare, Industrial Technology, Packaging, Technology & Services, Food/Beverage/Agribusiness, Distribution & Supply Chain, and Diversified Industrials.
• Capital Markets — CTL and Structured Debt Products Credit Tenant Lease, structured debt, residual note, equipment and tenant improvement, single-asset-single-borrower (SASB), ground lease, capital markets special situations, public-private partnership (P3), and loan servicing solutions.
• Capital Markets — DST Bridge Equity Delaware Statutory Trust (DST) bridge equity solutions for 1031 exchanges and real estate investments.
• Institutional Sales and Trading Institutional trading and distribution services across multiple product areas.
• Public Finance Public finance solutions and sector-focused underwriting and advisory services for public-sector and infrastructure clients.
• Sale-Leaseback Capital Sale-leaseback capital solutions for real estate and equipment transactions.
• Currency Risk Management (Mesirow Currency Management) Passive and dynamic currency hedging, currency-for-return strategies, and fiduciary FX outsourced trading solutions for institutional clients. Includes proprietary Global Volatility Indicator (GVI) and multiple currency alpha strategies.
• Fiduciary Solutions Institutional investment solutions for retirement and health savings marketplaces, providing fiduciary risk management and direction for plan sponsors, financial advisors, recordkeepers, administrators, trust companies, and insurers. Includes ERISA 3(38) investment management.
• Executive Benefit Services Executive nonqualified deferred compensation plans designed to attract, retain, and reward top executives through tax advantages and supplemental retirement income.
• Alternative Credit Alternative credit investment strategies offered as part of the Private Capital division.
• Institutional Real Estate Direct Direct institutional real estate investment opportunities offered as part of the Private Capital division.
• Private Equity Private equity investment opportunities, including manager-of-managers portfolio construction, offered as part of the Private Capital division.

Quantifiable outcome

• $359B+ total assets under supervision
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• T. Rowe Price Group Inc.coreStrategic or Co-development Partner · 2 June 2026T. Rowe Price Investment Management provides glide path advisory services for IncomeSelect, a target-date collective trust fund series designed to provide guaranteed lifetime income for eligible retirement plan participants. The product combines professional portfolio management with guaranteed income allocation.
• TIAAcoreStrategic or Co-development Partner · 2 June 2026TIAA provides guaranteed income allocation for the IncomeSelect target-date collective trust fund series, enabling guaranteed lifetime income for eligible retirement plan participants.
• Transamerica Corp.coreStrategic or Co-development Partner · 2 June 2026Transamerica Trust Co. establishes and maintains IncomeSelect target-date collective trust fund series. Mesirow Financial Investment Management provides investment advice as part of this partnership.
• GravisminorImplementation/ SI/ Consulting Partner · 23 April 2026Mesirow Financial Holdings advised Gravis on its acquisition of Western Packaging Solutions, a provider of bulk transportation packaging solutions in North America expanding into Canada.
• GMO Payment Gateway (TSE:3769)minorStrategic or Co-development Partner · 4 April 2026Mesirow Alternative Credit unit partnered with GMO Payment Gateway and GMO-Z.com PAYMENT GATEWAY USA to channel capital into specialty finance transactions and strengthen GMO's structured finance capabilities.
• GMO-Z.com PAYMENT GATEWAY USAminorStrategic or Co-development Partner · 4 April 2026Partnership with Mesirow Alternative Credit and GMO Payment Gateway expands access to specialty finance deal flow and supports earnings quality and return on equity.
• ADPcoreChannel Partner/ Reseller/ Distributor · 10 December 2025Mesirow acts as ERISA 3(38) investment manager for ADP's Save4Retirement Pooled Employer Plan, overseeing the investment lineup for this consolidated 401(k) structure serving multiple unrelated employers.
• PentegracoreChannel Partner/ Reseller/ Distributor · 10 December 2025Pentegra serves as the pooled plan provider handling primary administrative fiduciary duties for ADP's Save4Retirement PEP, with Mesirow providing investment management.
• LeafHouse Financial GroupcoreChannel Partner/ Reseller/ Distributor · 20 November 2025Mesirow agreed to acquire LeafHouse Financial Advisors, a division of LeafHouse Financial Group, expanding the distribution reach of Mesirow Fiduciary Solutions and strengthening established retirement plan capabilities.
• Alliant Mesirow Insurance ServicescoreStrategic or Co-development PartnerInsurance services partnership. Mesirow maintains a financial interest in and a strategic relationship with Alliant Mesirow Insurance Services.
• CIBCcoreStrategic or Co-development PartnerMesirow maintains a strategic partnership with CIBC (Canadian Imperial Bank of Commerce).

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Robert W. Baird: Employee-owned diversified financial services firm with wealth management, investment banking, and asset management businesses. Closely comparable to Mesirow given its similar mid-market IB sector coverage, private wealth practice, and private ownership structure.
• Stifel Financial: Diversified wealth management and investment banking firm with strong middle-market M&A practice and growing institutional asset management. Comparable to Mesirow across wealth, IB, and fixed income/capital markets, though larger and publicly traded.
• Northwestern Mutual: Privately held diversified financial services firm offering wealth management, investment advisory, and insurance solutions to HNW individuals and families. Highly comparable to Mesirow's wealth management and executive benefits lines and its mutual/private ownership model.
• Edward Jones: Privately held partnership offering wealth management, retirement planning, and investment advisory services to individual investors and small businesses. Comparable HNW/mass-affluent wealth focus, although Mesirow's HNW skew is higher.
• Bessemer Trust: Privately held wealth and investment management firm serving ultra-high-net-worth families. Directly comparable to Mesirow's private wealth practice for HNW/UHNW clients and to its private capital and alternative investment capabilities.
• CIBC Private Wealth: Private banking and wealth management arm of CIBC, a direct strategic partner of Mesirow. Comparable HNW/UHNW advisory services, discretionary portfolio management, and integrated banking capabilities for clients with cross-border needs.

Broad incumbents

• Goldman Sachs Asset Management: Large incumbent offering institutional asset management, private wealth, and investment banking. Overlaps with Mesirow's investment management, currency, and capital markets businesses but with significantly greater scale and broader product breadth.
• J.P. Morgan Private Bank: Global private banking and wealth management franchise serving UHNW clients, with adjacent investment banking and capital markets capabilities. Comparable to Mesirow's wealth management and capital markets offerings but at vastly greater scale.

Emerging players

• Pensco Trust Company: Specialized custodian for alternative assets in self-directed retirement accounts. Adjacent to Mesirow's Fiduciary Solutions business and useful comparability for the retirement/alternative-asset intersection Mesirow targets.
• Resolute Capital Partners: Specialist investment banking firm focused on CTL, structured debt, and sale-leaseback financing for commercial real estate. Highly comparable niche competitor to Mesirow's CTL and Structured Debt Products division.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mesirow-financial
• Xx.com/MesirowFin
• Facebookfacebook.com/mesirowfinancial

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments26 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mesirow Financial