On July 1, 2011, Great Lakes Advisors, Inc and Wintrust Capital Management, LLC merged and renamed the combined entity Great Lakes Advisors, LLC. The merged company is led by the Great Lakes management team made up of Tom Kiley, Ed Calkins, and Steve Rost.
Great Lakes Advisors, Inc. was originally organized as an investment group in 1985 within Continental Illinois Bank’s investment division. On August 1, 1990, this business was purchased from the bank by management and became Great Lakes Advisors, Inc. Wintrust Capital Management was originally formed in 1981 under the name Wayne Hummer Asset Management Company as an affiliate of Wayne Hummer Investments, LLC. In 2002, the firm and its affiliate, Wayne Hummer Investments, became wholly owned subsidiaries of Wintrust Financial Corporation. The Asset Management Group is now called Great Lakes Advisors, LLC.
Today, Great Lakes Advisors continues to thrive as a premiere Chicago-based investment manager. While operating with the same independence and focus that has been key to our success, we now enjoy resources and support of a $15 billion parent in Wintrust Financial Corporation.