# Montaser Takrouri

> Montaser Takrouri is a fee-only financial advisor at Azzad Asset Management in Chicago , Illinois. Montaser charges a percentage of assets (1% a year on the first tier of assets managed and a $500,000 asset minimum) and focuses on retirement planning, tax planning and estate & legacy planning.

Page: https://find.wellspent.co/advisors/montaser-takrouri/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Azzad Asset Management
- **Based in:** Chicago , Illinois
- **Fee model:** Percentage of assets
- **Fees (firm's website):** 1% a year on the first tier of assets managed; a $500,000 asset minimum
- **Works virtually:** Yes (firm's website)
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $1.84B across 18,098 accounts
- **Specialties:** Retirement planning, Tax planning, Estate & legacy planning, Physicians & residents, Small business owners
- **Works with:** Physicians, High earners, Retirees, Pre-retirees, Multi-generational families
- **CRD:** 8355081 (https://adviserinfo.sec.gov/individual/summary/8355081)
- **SEC registration:** Investment adviser representative in IL
- **Exams passed:** Series 65 (2026)
- **Firm size:** 18 employees
- **Disclosures:** None reported
- **Website:** http://www.azzadasset.com

## Frequently asked questions

### Is Montaser Takrouri a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Montaser holds no broker registration, and Azzad Asset Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Montaser charge for financial advice?

Montaser charges a percentage of assets.

### How much does Montaser charge?

According to Azzad Asset Management's website, checked October 30, 2026: 1% a year on the first tier of assets managed; a $500,000 asset minimum.

### Does Montaser work with clients virtually?

Yes. Azzad Asset Management says on its website that it works with clients remotely.

### Where is Montaser Takrouri based?

Montaser Takrouri is based in Chicago , Illinois.

### What does Montaser specialize in?

Montaser's specialties include retirement planning, tax planning, estate & legacy planning, physicians & residents and small business owners. Montaser works with physicians, high earners, retirees, pre-retirees and multi-generational families.

### Is Montaser Takrouri registered with the SEC?

Yes. Montaser Takrouri is registered as an investment adviser representative in IL (CRD 8355081), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Azzad Asset Management manage?

Azzad Asset Management reports $1.84B across 18,098 accounts in assets under management.

### How do I contact Montaser Takrouri?

Through Montaser's website, www.azzadasset.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/8355081): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://azzadasset.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.