# Financial advisors for retirees in Illinois > For retirees in Illinois, talk to a fee-only planner who already works with people drawing down their savings. Your questions have moved from saving to spending, so look for steady withdrawals, tax-aware RMD planning, and care planning. Records to start with include Maggie Beach of NexJenn Financial Services, Kerry Prazak of The Mather Group and Alex Offerman of Model Wealth. Page: https://find.wellspent.co/audiences/retirees/illinois/ 111 fee-only advisors listed; data last updated October 30, 2026. Fee-only means paid only by clients, never by commissions. ## Which financial advisor should I talk to as a retiree in Illinois? For retirees in Illinois, talk to a fee-only planner who already works with people drawing down their savings. Your questions have moved from saving to spending, so look for steady withdrawals, tax-aware RMD planning, and care planning. Records to start with include Maggie Beach of NexJenn Financial Services, Kerry Prazak of The Mather Group and Alex Offerman of Model Wealth. - [Maggie Beach](https://find.wellspent.co/advisors/maggie-beach/), NexJenn Financial Services, Naperville. Holds the RICP and CFP. Fees on file: percentage of assets, flat fee or retainer. - [Kerry Prazak](https://find.wellspent.co/advisors/kerry-prazak/), The Mather Group, Chicago. Holds the CFP and EA. Fees on file: percentage of assets, hourly. - [Alex Offerman](https://find.wellspent.co/advisors/alex-offerman/), Model Wealth, Wheaton. Holds the CFP. Fees on file: hourly, flat fee or retainer. - [Allison Meers](https://find.wellspent.co/advisors/allison-meers/), Pebble Valley Wealth Management, Western Springs. Holds the CFP. Fees on file: percentage of assets, flat fee or retainer. - [Thomas Van Spankeren](https://find.wellspent.co/advisors/thomas-van-spankeren/), RISE Investments, Chicago. Holds the CFP. Fees on file: percentage of assets. - [Charles Horonzy](https://find.wellspent.co/advisors/charles-horonzy/), Focused Up Financial, LLC, La Grange. Holds the CFP. Fees on file: percentage of assets, ongoing planning fee. ## How many fee-only financial advisors in Illinois work with retirees? The Wellspent public graph lists 111 fee-only advisors for retirees in Illinois, at 61 firms. We counted every advisor record that lists this work, as of October 2026. ## Where are fee-only advisors for retirees in Illinois located? Of the 111 fee-only advisors for retirees in Illinois, 22 are in Chicago, followed by 16 in Champaign and 7 in Wheaton. ## How do fee-only advisors for retirees in Illinois charge? The most common fee among fee-only advisors for retirees in Illinois is a percentage of assets, used by 76% of the 111 with fees on file. Many use more than one: 38% charge fixed fees and 35% charge by the hour. ## How much do fee-only financial advisors charge in Illinois? Fee-only financial advisors in Illinois charge a median of $5,000 a year for ongoing planning. We found this across the published prices of 35 Illinois firms. ## How much does a one-time financial plan cost in Illinois? A one-time financial plan from a fee-only firm in Illinois has a median price of $2,625. We found this across the published prices of 26 Illinois firms. ## What credentials should a financial advisor for retirees have? For retirees, look for the RICP, CFP and EA. In Illinois, 52% of the 111 advisors listed hold the CFP. - RICP (1% of advisors listed): The RICP focuses on income in retirement. - CFP (52% of advisors listed): The CFP covers tax, insurance, and estate decisions together. - EA (1% of advisors listed): Enrolled agents help with RMDs and Medicare surcharges. ## How do Illinois advisors for retirees compare with the rest of the US? 76% of fee-only advisors for retirees in Illinois charge a percentage of assets, compared with 87% of the 3,334 listed across the US. That's the largest difference in the Wellspent public graph between the two groups. ## Does Illinois tax Social Security? No. Illinois doesn't tax Social Security. Its treatment of IRA withdrawals and pensions has its own rules, so ask to see them in your plan. ## What should I ask a financial advisor as a retiree in Illinois? - How much can I spend each year, and how will you adjust it? - How do you plan around RMDs and Medicare premiums? - How would you pay for long-term care if I needed it? - What happens if I can't manage this myself, or my spouse dies first? - How does Illinois tax each source of my retirement income? ## How current is this list of fee-only advisors for retirees in Illinois? Wellspent last checked these records against SEC records in October 2026 and firm websites in October 2026. Each advisor's page shows the date for that record. ## Advisors | Advisor | Firm | Location | Credentials | Fees | |---|---|---|---|---| | [Amy Rosenow](https://find.wellspent.co/advisors/amy-rosenow.md) | Bold Vision Financial | Chicago, Illinois | CFP, CFA | One-time planning fee, Hourly | | [Charles Horonzy](https://find.wellspent.co/advisors/charles-horonzy.md) | Focused Up Financial, LLC | La Grange, Illinois | CFP, CPA | Percentage of assets, Ongoing planning fee | | [Ivan Havrylyan](https://find.wellspent.co/advisors/ivan-havrylyan.md) | Outside The Box Financial Planning, LLC | Wheeling, Illinois | CFP | One-time planning fee | | [Robert Stoll](https://find.wellspent.co/advisors/robert-stoll.md) | Financial Design Studio, Inc. | Deer Park, Illinois | CFA, CFP | Percentage of assets, Ongoing planning fee | | [Tim Carpenter](https://find.wellspent.co/advisors/tim-carpenter.md) | Rhodo Wealth Management | Geneva, Illinois | CFP | One-time planning fee, Percentage of assets | | [Allison Meers](https://find.wellspent.co/advisors/allison-meers.md) | Pebble Valley Wealth Management | Western Springs, Illinois | CFP, CFA | Percentage of assets, Flat fee or retainer, One-time planning fee, Ongoing planning fee | | [Arun Soni](https://find.wellspent.co/advisors/arun-soni.md) | Avenue 90 Financial | Chicago, Illinois | CFA, CFP | Percentage of assets, Hourly, One-time planning fee | | [Dan Wood](https://find.wellspent.co/advisors/dan-wood.md) | Zimmerman Wealth Management, LLC | Evanston, Illinois | CFA, CFP | Percentage of assets, Fixed fees | | [JoAnn May](https://find.wellspent.co/advisors/joann-may.md) | Forest Asset Management LLC | Riverside, Illinois | CFP, CPA/PFS, MBA, CPA, MST, Other | Percentage of assets, Hourly, Fixed fees | | [Kerry Prazak](https://find.wellspent.co/advisors/kerry-prazak.md) | The Mather Group | Chicago, Illinois | CFP, CRPC, MBA, RFC, CAIA, CFA, MS, EA, JD, CPA/PFS | Percentage of assets, Hourly, Fixed fees | | [Robert Riedl](https://find.wellspent.co/advisors/robert-riedl.md) | Endowment Wealth Management, Inc. | Chicago, Illinois | AWMA, BS, CFA, CFP, CPA, MBA | Percentage of assets | | [John Piershale](https://find.wellspent.co/advisors/john-piershale.md) | Piershale Wealth Management | Crystal Lake, Illinois | CFP | Percentage of assets, Hourly, Fixed fees | | [Eric Schlosser](https://find.wellspent.co/advisors/eric-schlosser.md) | Kisher Capital, LLC | Malta, Illinois | CFP | Percentage of assets, Hourly, Fixed fees | | [Erik Barnes](https://find.wellspent.co/advisors/erik-barnes.md) | Retirement Portfolio Partners | Warrenville, Illinois | CFP | Flat fee or retainer | | [Lawrence Pershing](https://find.wellspent.co/advisors/lawrence-pershing.md) | Optimum Retirement Planning | Lisle, Illinois | CFP, Retirement Management Advisor | Flat fee or retainer | | [Maggie Beach](https://find.wellspent.co/advisors/maggie-beach.md) | NexJenn Financial Services | Naperville, Illinois | CFP, CPA/PFS, MBA, CPA, RICP | Percentage of assets, Flat fee or retainer, One-time planning fee | | [Matthew Knoll](https://find.wellspent.co/advisors/matthew-knoll.md) | The Planning Center | Chicago, Illinois | CFP, MBA, CAP | Percentage of assets, Hourly, Fixed fees | | [Dave Grant](https://find.wellspent.co/advisors/dave-grant.md) | Retirement Matters, Inc. | Barrington, Illinois | CFP | Percentage of assets, One-time planning fee | | [Matthew Hawk](https://find.wellspent.co/advisors/matthew-hawk.md) | Cambridge Capital Management, LLC | O Fallon, Illinois | CFP | Percentage of assets, Hourly, Fixed fees | | [Max Novak](https://find.wellspent.co/advisors/max-novak.md) | Novak Financial Partners | Carterville, Illinois | CFP | Flat fee or retainer, Subscription | | [Cynthia Menker](https://find.wellspent.co/advisors/cynthia-menker.md) | Contour Financial | Orland Park, Illinois | CFP, CPA, MBA | Percentage of assets | | [David Theis](https://find.wellspent.co/advisors/david-theis.md) | Fee-Only Financial Advisors, Ltd. | Palatine, Illinois | BS, CFP | Hourly, Fixed fees | | [James Nash](https://find.wellspent.co/advisors/james-nash.md) | Clark Wealth Partners | O'Fallon, Illinois | CFP, ChFC | Percentage of assets, Fixed fees | | [Michael Clark](https://find.wellspent.co/advisors/michael-clark.md) | Clark Wealth Partners | O'Fallon, Illinois | CFP | Percentage of assets, Fixed fees | | [Thomas Van Spankeren](https://find.wellspent.co/advisors/thomas-van-spankeren.md) | RISE Investments | Chicago, Illinois | CFP, CFA | Percentage of assets | | [Vincent DeCrow](https://find.wellspent.co/advisors/vincent-decrow.md) | RISE Investments | Chicago, Illinois | CFP | Percentage of assets | | [Dustin Javier](https://find.wellspent.co/advisors/dustin-javier.md) | Defined Capital | Oak Brook, Illinois | CFP | Percentage of assets, Ongoing planning fee | | [Joshi Koneru](https://find.wellspent.co/advisors/joshi-koneru.md) | Watershed Private Wealth | Oak Brook, Illinois | CFP | Percentage of assets | | [Lauren Hunt](https://find.wellspent.co/advisors/lauren-hunt.md) | Daybreak Wealth | Hinsdale, Illinois | CFP | Flat fee or retainer, Ongoing planning fee | | [Matthew Furlong](https://find.wellspent.co/advisors/matthew-furlong.md) | Furlong Investment Solutions | Chicago, Illinois | CFP, CFA | Percentage of assets, Hourly, Fixed fees | | [Andrew McDowell](https://find.wellspent.co/advisors/andrew-mcdowell.md) | LifeWise Wealth Advisors | Champaign, Illinois | CFP | Flat fee or retainer | | [Bradley Mendel](https://find.wellspent.co/advisors/bradley-mendel.md) | Mendel Money Management | Northbrook, Illinois | CFP | Percentage of assets, Hourly, Fixed fees | | [John Burns](https://find.wellspent.co/advisors/john-burns.md) | Factor Wealth Management | Chicago, Illinois | CFP | Percentage of assets, Hourly, Fixed fees | | [John Foley](https://find.wellspent.co/advisors/john-foley-1287148.md) | LifeWise Wealth Advisors | Champaign, Illinois | CFP, ChFC | Flat fee or retainer | | [John Kennedy](https://find.wellspent.co/advisors/john-kennedy.md) | LifeWise Wealth Advisors | Champaign, Illinois | CFP | Flat fee or retainer | | [Joshua Nuss](https://find.wellspent.co/advisors/joshua-nuss.md) | LifeWise Wealth Advisors | Champaign, Illinois | CFP | Flat fee or retainer | | [Randolph Hardy](https://find.wellspent.co/advisors/randolph-hardy.md) | Factor Wealth Management | Chicago, Illinois | CFP, CFA | Percentage of assets, Hourly, Fixed fees | | [Thomas Koleski](https://find.wellspent.co/advisors/thomas-koleski.md) | Cedar Capital Advisors | Glen Ellyn, Illinois | CFP | Percentage of assets, Fixed fees | | [Alex Offerman](https://find.wellspent.co/advisors/alex-offerman.md) | Model Wealth | Wheaton, Illinois | CFP | Hourly, Flat fee or retainer, Ongoing planning fee, One-time planning fee | | [Donovan Sanchez](https://find.wellspent.co/advisors/donovan-sanchez.md) | Model Wealth | Wheaton, Illinois | CFP | Hourly, Flat fee or retainer, Ongoing planning fee, One-time planning fee | | [Kraig Mickelsen](https://find.wellspent.co/advisors/kraig-mickelsen.md) | KRM Financial Services | St. Charles, Illinois | CFP | Percentage of assets, Hourly, Fixed fees | | [Randall Bruns](https://find.wellspent.co/advisors/randall-bruns.md) | Model Wealth | Wheaton, Illinois | CFP | Hourly, Flat fee or retainer, Ongoing planning fee, One-time planning fee | | [Vinnie Maliakkal](https://find.wellspent.co/advisors/vinnie-maliakkal.md) | Wavvest | Chicago, Illinois | CFP | Percentage of assets | | [Andrew Branz](https://find.wellspent.co/advisors/andrew-branz.md) | Clark Wealth Partners | O'Fallon, Illinois | | Percentage of assets, Fixed fees | | [Barry Mendel](https://find.wellspent.co/advisors/barry-mendel.md) | Mendel Money Management | Northbrook, Illinois | CFA | Percentage of assets, Hourly, Fixed fees | | [Jacob Bossert](https://find.wellspent.co/advisors/jacob-bossert.md) | Konza Global Wealth Group | Chicago, Illinois | CFP, ChFC | Percentage of assets, Fixed fees | | [Jacob Kuebler](https://find.wellspent.co/advisors/jacob-kuebler.md) | Bluestem Financial Advisors | Savoy, Illinois | CFP | Ongoing planning fee | | [Jacob McKinney](https://find.wellspent.co/advisors/jacob-mckinney.md) | Clark Wealth Partners | O'Fallon, Illinois | | Percentage of assets, Fixed fees | | [Johnathan Frerichs](https://find.wellspent.co/advisors/johnathan-frerichs.md) | Bluestem Financial Advisors | Savoy, Illinois | CFP | Ongoing planning fee | | [Joseph Miebach](https://find.wellspent.co/advisors/joseph-miebach.md) | Bluestem Financial Advisors | Savoy, Illinois | CFP | Ongoing planning fee | Showing the first 50 of 111. The full list, page by page: https://find.wellspent.co/audiences/retirees/illinois/?page=2 ## Related - [Retirement planning in Illinois](https://find.wellspent.co/specialties/retirement-planning/illinois.md) - [Tax planning in Illinois](https://find.wellspent.co/specialties/tax-planning/illinois.md) - [Estate planning in Illinois](https://find.wellspent.co/specialties/estate-planning/illinois.md) - [Family wealth transfer in Illinois](https://find.wellspent.co/specialties/family-wealth-transfer/illinois.md) - [Founders in Illinois](https://find.wellspent.co/specialties/founders-pre-exit/illinois.md) - [Small business owners in Illinois](https://find.wellspent.co/specialties/small-business-owners/illinois.md) ## About this data Sources and verification: https://find.wellspent.co/methodology/ Query the directory programmatically: https://api.wellspent.co/mcp (MCP, read-only, no auth).