Kelly Palmer
The Wealthy Parent LLC · Chicago, Illinois
Planning for millennial parents with equity compensation, through a series of meetings that bring structure and clarity to family finances.
Kelly Palmer is a fee-only financial advisor at The Wealthy Parent LLC in Chicago, Illinois, who holds the CFP and CFA credentials.
- $9,000
- Ongoing planning, per year, from
- $4,950
- One-time plan, from
What Kelly focuses on
Who Kelly works with
- High earners
About
Kelly Palmer founded The Wealthy Parent to help millennial families with equity compensation enjoy life today and feel confident about the future. A mother herself, she has more than 10 years of experience in wealth management and holds the CFP® and Chartered Financial Analyst designations, which help her translate complex investment jargon into plain terms.
Kelly built the firm to be the resource she wanted when her son was born. Even after a decade in the investment industry, she spent many hours working out how to set up her own family's financial and estate plans. Her planning process is a series of deliberate meetings that educate clients and bring structure, purpose and clarity to their finances.
For Kelly, being a wealthy parent means more than net worth: it means having the time and freedom to spend life on what brings joy, whether that is time with her husband and son or a long walk by the lake.
How does Kelly's firm compare?
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Ongoing planning starts at $9,000 a year, above the Illinois median of $5,000 for fee-only firms that publish prices.
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A one-time plan starts at $4,950, above the Illinois median of $2,625 for fee-only firms that publish prices.
Questions about Kelly
Is Kelly Palmer a fee-only financial advisor?
Yes. Kelly Palmer is listed in the XY Planning Network directory (XYPN members are fee-only) and the Advice-Only Network (advice-only practices, no product sales). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Kelly's firm.
How does Kelly Palmer charge for financial advice?
Kelly Palmer charges a subscription and a one-time planning fee.
How much does Kelly Palmer charge?
According to The Wealthy Parent LLC's website, checked October 28, 2026: ongoing planning from $9,000 a year; one-time plans from $4,950.
Does Kelly Palmer work with clients virtually?
Yes. The Wealthy Parent LLC says on its website that it works with clients remotely.
Where is Kelly Palmer based?
Kelly Palmer is based in Chicago, Illinois.
What does Kelly Palmer specialize in?
Kelly Palmer's specialties include tax planning, equity compensation and flat-fee planning. Kelly works with high earners.
What credentials does Kelly Palmer hold?
Kelly Palmer holds the CFP and CFA credentials.
Is Kelly Palmer registered with the SEC?
Yes. Kelly Palmer is registered as an investment adviser representative in CA, IL and TX (CRD 7147243), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.
How do I contact Kelly Palmer?
Through Kelly Palmer's website, thewealthyparent.com.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
The full record
| Firm | The Wealthy Parent LLC |
|---|---|
| Based in | Chicago, Illinois |
| Fee model | Subscription · One-time planning fee |
| Fees (firm's website) | Ongoing planning from $9,000 a year · One-time plans from $4,950 |
| Fees (Advice-Only Network profile) | Subscription $750 a month · Subscription $9,000 a year · One-time plans $4,950 |
| Works virtually | Yes |
| Accepting new clients | Yes |
| Credentials | CFP · CFA |
| SEC registration | Investment adviser representative in CA, IL, TX · CRD 7147243 |
| Firm size | 1 employee |
| Disclosures | None reported |
| Website | thewealthyparent.com |
| Profile |
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Other fee-only advisors in Chicago
Other advisors in Illinois who focus on tax planning
Where this information comes from
- XY Planning Network directory listing : XYPN members are fee-only
- Advice-Only Network listing : advice-only practices, no product sales
- The Wealthy Parent LLC website : specialties, clients served, and fees, checked October 28, 2026
- SEC Investment Adviser Public Disclosure : registration, exams, and the firm's Form ADV, data as of October 27, 2026
- Directory listing last checked April 21, 2026.
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