Directional Asset Management, LLC
Registered investment adviser · Arlington Heights, IL · CRD #152859
Form ADV data as of 2026-09-01Regulatory assets
$136.9 million
Total accounts
95
Employees
1
Disclosure events
2
Firm details
- Website: https://www.linkedin.com/in/scott-short-a85a5617/
- Telephone: 847-749-2312
- SEC file number: 801-131363
- Most recent Form ADV filing: 2026-03-25
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 2 disclosure questions answered Yes, covering 2 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $124.9 million |
| Non-discretionary regulatory assets under management | $12.0 million |
| Total regulatory assets under management | $136.9 million |
| Discretionary accounts | 87 |
| Non-discretionary accounts | 8 |
| Total accounts | 95 |
| Regulatory assets under management attributable to non-U.S. persons | $1.3 million |
People
| Total employees (excluding clerical) | 1 |
| Employees performing investment advisory functions (including research) | 1 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 1 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
How the firm is compensated
Advisory services offered
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends brokers or dealers to clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 8 | $1.7 million |
| High net worth individuals | 36 | $135.2 million |
| Charitable organizations | 1 | $0 |
| Corporations or other businesses not listed above | 3 | $50,000 |