Bankers Life Advisory Services, Inc.

Overview

Bankers Life Advisory Services, Inc. is an SEC registered investment adviser based in Chicago, IL, registered since 2015. It reports $2.5B in assets under management across 18,608 accounts, with 433 employees. It has 534 investment adviser representatives.

Reported AUM

$2.5B

Discretionary

99%

Accounts

18,608

Average account

$134K

Employees

433

Advisory reps

534

Registered since

2015

Jurisdictions

52

As reported in the firm's March 2026 filing.

Contact

1 phone number on file

Practice

Services

• Educational Seminars
• Financial Planning
• Individuals or Small Business
• Selection of Other Advisors

Client types

• High Net Worth Individuals
• Individuals
• Pension/Profit Sharing Plan

Fee structure

Other Fees and Percentage of Assets. Sponsors a wrap fee program.

Executive officers 3 of 5

• Cheryl Lynn Heilman President CRD 2114445
• Alberta Stephens Roberts Chief Compliance Officer, Secretary CRD 2681068
• Steven M Josephson Chief Operating Officer CRD 2239540

2 more executive officers, with direct contact details

Advisory reps 3 of 534

• Teresa Louise Abramson Insurance Agent · Registered Rep · Investment Adviser Rep CRD 7340721
• Bruce W Winston Adams Jr. Insurance Agent · Registered Rep · Investment Adviser Rep CRD 5106430
• Tyler Allen Adams Insurance Agent · Registered Rep · Investment Adviser Rep CRD 6155633

531 more advisory reps, with emails, phones and branch locations

Location

Headquarters

303 E Wacker Dr Ste 500
Chicago, IL 60601

County

Cook

Metro area

Chicago-Naperville-Elgin, IL-IN-WI

Region

Midwest

Registrations

• SEC registered
• Registered in 52 jurisdictions
• Website: bankerslife.com/bankers-life-securities/bankers-life-advisory-services-inc

Every state, with registration dates

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