Adam Rutstein
Adam Rutstein is a registered investment advisor at Bankers Life Advisory Services, INC., based in Chicago, IL, with 9 years of industry experience. Adam operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.
Location
303 E. Wacker Drive, Ste 500, Chicago, IL, 60601
Get directionsHistory
Regulatory History (8)
Customer Dispute
August 2025Customer Dispute
September 2020Customer Dispute
February 2020Customer Dispute
July 2019Regulatory
December 2016Regulatory
October 2015Employment Separation After Allegations
November 2009Regulatory
January 2009Other Business ActivitiesSells Insurance
Adam is an agent for Bankers Life and Casualty Company, selling insurance products including life, health, and annuities, dedicating about a quarter of his time. He also has several other business ventures including real estate rental, a sports bar, a car wash, and vending machines, all requiring minimal time commitment.
Employment History
Current Registrations
Bankers Life Advisory Services, INC.
Bankers Life Securities, INC.Broker
Previous Registrations
Uvest Financial Services Group, INC.Broker
State Registrations13 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.