Advisors for $500,000 to $1 million in Illinois
How do I find fee-only advisors for $500,000 to $1 million in Illinois?
In Illinois, look for a fee-only firm whose typical client looks like you, since that's who its process is built for. At this level, compare what a percentage fee comes to in dollars with a flat fee for the same work. Records to start with include Mike Walther Ii of Oak Wealth Advisors, LLC, Kerry Prazak of The Mather Group and Garrett Chmiola of Valeo Financial Advisors.
Where to start
Chosen from what each record shows: credentials and fees on file, one advisor per firm.
- Mike Walther Ii Oak Wealth Advisors, LLC, Northbrook Holds the CFP, CFA and CPA. Fees on file: percentage of assets, ongoing planning fee.
- Kerry Prazak The Mather Group, Chicago Holds the CFP, CFA and CPA. Fees on file: percentage of assets, hourly.
- Garrett Chmiola Valeo Financial Advisors, Chicago Holds the CFP and CPA. Fees on file: flat fee or retainer, percentage of assets.
- Richard Wimmer Meredith Wealth Planning, Maryville Holds the CFP and CFA. Fees on file: flat fee or retainer, ongoing planning fee.
- James Stork Pinnacle Financial Group, LLC, Western Springs Holds the CFP and CFA. Fees on file: percentage of assets, hourly.
- Jeffrey Smith North Shore Investment Consulting, LLC, Wilmette Holds the CFP and CFA. Fees on file: percentage of assets.
By the numbers
- Advisors listed
- 214
- Firms
- 91
- Cities
- 42
- Hold the CFP
- 43%
- Other credentials: CFA 20% · CPA 3% · EA 1%
- How they charge (of 214 with fees on file): percentage of assets 93% · fixed fees 54% · hourly 47% · ongoing planning fee 7%
Source: Wellspent public graph, data as of . Shares are of advisors listed here; an advisor can hold several credentials or fee types. Methodology
Advisors for $500,000 to $1 million by state
- California (1,002)
- Texas (486)
- New York (410)
- Florida (340)
- Pennsylvania (309)
- Massachusetts (287)
- Virginia (267)
- Colorado (254)
- North Carolina (211)
- Washington (188)
- Georgia (186)
- Tennessee (179)
- Michigan (170)
- Arizona (145)
- New Jersey (139)
- Ohio (139)
- Connecticut (137)
- Oregon (135)
- Maryland (128)
- Wisconsin (127)
- Missouri (105)
- South Carolina (94)
- Indiana (86)
- Utah (76)
- Minnesota (75)
- Idaho (65)
- Oklahoma (63)
- New Hampshire (56)
- Kansas (41)
- Nevada (41)
- Delaware (40)
- Alabama (39)
- Kentucky (39)
- Iowa (38)
- Hawaii (32)
- Louisiana (28)
- Vermont (26)
Questions about advisors for $500,000 to $1 million
How many fee-only advisors for $500,000 to $1 million in Illinois are there?
The Wellspent public graph lists 214 fee-only advisors for $500,000 to $1 million in Illinois, at 91 firms. We counted every advisor record that fits, as of October 2026. These are advisors at firms whose average account is $500,000 to $1 million.
Where are fee-only advisors for $500,000 to $1 million in Illinois located?
Of the 214 fee-only advisors for $500,000 to $1 million in Illinois, 70 are in Chicago, followed by 18 in Downers Grove and 13 in Northbrook.
How do fee-only advisors for $500,000 to $1 million in Illinois charge?
The most common fee among fee-only advisors for $500,000 to $1 million in Illinois is a percentage of assets, used by 93% of the 214 with fees on file. Many use more than one: 54% charge fixed fees and 47% charge by the hour.
How many fee-only advisors for $500,000 to $1 million in Illinois hold the CFP?
43% of the 214 fee-only advisors for $500,000 to $1 million in Illinois hold the CFP certification, based on the credentials listed on each record.
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.
How does Wellspent decide who counts as fee-only advisors for $500,000 to $1 million?
We divide the assets each firm reports on its Form ADV by its number of accounts. It's an average per account, so a household with several accounts may hold more.
What should I ask fee-only advisors for $500,000 to $1 million in Illinois?
What would I pay in dollars each year? Do you offer a flat fee at this level? What's the size of your typical client? What do I get that I couldn't do myself?
How current is this list of fee-only advisors for $500,000 to $1 million 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.
All 214 advisors
| Advisor | Firm | City | Credentials | Fees |
|---|---|---|---|---|
| Garrett Chmiola Valeo is an independent, fee-only financial advisory firm offering objective, independent guidance for one transparent fee | Valeo Financial Advisors | Chicago | CFP, CPA | Flat fee or retainer, Percentage of assets |
| Kerry Prazak | The Mather Group | Chicago | CFP, CRPC, MBA, RFC | Percentage of assets, Hourly |
| Barry Federici | Family First Wealth Management, LLC | Sycamore | CFP, CPA, JD | Percentage of assets, Hourly |
| Brian Thompson | Brian Thompson Financial LLC | Chicago | CFP, JD | Ongoing planning fee, One-time planning fee |
| Kelly Stanley | Cogent Strategic Wealth | Chicago | CFP, MBA | Percentage of assets |
| Lawrence Pershing | Optimum Retirement Planning | Lisle | CFP, Retirement Management Advisor | Flat fee or retainer |
| Max Novak Flat-fee. Fiduciary. Life-centered planning. | Novak Financial Partners | Carterville | CFP | Flat fee or retainer, Subscription |
| Mike Walther Ii | Oak Wealth Advisors, LLC | Northbrook | CFP, CFA, CPA, MBA | Percentage of assets, Ongoing planning fee |
| Nathan Eads | Moller Wealth Partners | Chicago | CFP | Percentage of assets, Fixed fees |
| Robert Finley | Virtue Asset Management | Chicago | CFA, CFP | Percentage of assets |
| Daniel Peters | Prism Planning Partners | Libertyville | CFP | One-time planning fee |
| James Stork | Pinnacle Financial Group, LLC | Western Springs | CFA, CFP, MBA | Percentage of assets, Hourly |
| Janice Hennessy | ShankerValleau Wealth Advisors, Inc. | Skokie | CFP, CPA, MBA, MSFP | Percentage of assets |
| Nicole Sullivan | Prism Planning Partners | Libertyville | CFP | One-time planning fee |
| Joshi Koneru | Watershed Private Wealth | Oak Brook | CFP | Percentage of assets |
| Lauren Hunt | Daybreak Wealth | Hinsdale | CFP | Flat fee or retainer, Ongoing planning fee |
| Mark Meredith | Meredith Wealth Planning | Maryville | CFP | Flat fee or retainer, Ongoing planning fee |
| Matthew Furlong | Furlong Investment Solutions | Chicago | CFP, CFA | Percentage of assets, Hourly |
| Richard Wimmer | Meredith Wealth Planning | Maryville | CFP, CFA | Flat fee or retainer, Ongoing planning fee |
| Alexander Hemsley | Hemsley Advisors | Chicago | CFP | Percentage of assets, Hourly |
| Bradley Mendel | Mendel Money Management | Northbrook | CFP | Percentage of assets, Hourly |
| George Hemsley | Hemsley Advisors | Barrington | CFP | Percentage of assets, Hourly |
| Jack Hallier | Patrick M Sweeney & Associates | Libertyville | CFP | Percentage of assets |
| John Burns | Factor Wealth Management | Chicago | CFP | Percentage of assets, Hourly |
| John Ferguson | Patrick M Sweeney & Associates | Barrington | CFP | Percentage of assets |
| Patrick Sweeney | Patrick M Sweeney & Associates | Libertyville | CFP | Percentage of assets |
| Randolph Hardy | Factor Wealth Management | Chicago | CFP, CFA | Percentage of assets, Hourly |
| Timothy McGrath | Riverpoint Wealth Management | Chicago | CFP, ChFC | Percentage of assets, Fixed fees |
| Alex Offerman | Model Wealth | Wheaton | CFP | Hourly, Flat fee or retainer |
| Donovan Sanchez | Model Wealth | Wheaton | CFP | Hourly, Flat fee or retainer |
| Randall Bruns | Model Wealth | Wheaton | CFP | Hourly, Flat fee or retainer |
| Timothy Dillow | Dillow Wealth Management | Oak Brook | CFP | Percentage of assets, Fixed fees |
| Timothy Ziemba | IRON Financial | Northbrook | CFP, CFA | Percentage of assets, Performance-based fees |
| Alexander Lippitt | Lakewood Financial Group | Evanston | CFA | Percentage of assets |
| Barry Mendel | Mendel Money Management | Northbrook | CFA | Percentage of assets, Hourly |
| Brandon Clouse | Prism Planning Partners | Libertyville | Not listed | One-time planning fee |
| Eric OBrien | Nadler Financial Group | Deerfield | CFP | Percentage of assets |
| Jeremy Johnson | Veracity Wealth Management | Oakbrook Terrace | CFP | Percentage of assets, Ongoing planning fee |
| Joshua Mangoubi | Considerate Capital | Northbrook | CFA | Percentage of assets, Ongoing planning fee |
| Justin Koress | Bondurant Investment Advisory | Evanston | CFP | Percentage of assets, Fixed fees |
| Justin Mason | KEB – Kerber, Eck & Braeckel | Springfield | CFP | Percentage of assets, Hourly |
| Kyle McGrath | Riverpoint Wealth Management | Chicago | CFA | Percentage of assets, Fixed fees |
| Mark Burka | Mendel Money Management | Northbrook | CFA | Percentage of assets, Hourly |
| Paul Merrick | Riverpoint Wealth Management | Chicago | CFA | Percentage of assets, Fixed fees |
| Ross Hager | KEB – Kerber, Eck & Braeckel | Springfield | CFP | Percentage of assets, Hourly |
| Brendan Moody | Watershed Private Wealth | Oak Brook | Not listed | Percentage of assets |
| Daniel Holder | Holder Wealth Management | Champaign | CFP, PFS | Percentage of assets, Hourly |
| Frederick Kort | Cura Wealth Partners | Chicago | CFP | Percentage of assets, Hourly |
| Gregory Hodges | Greg Hodges Financial Advisory | Normal | CFP | Percentage of assets, Hourly |
| Melanie Husk | MEL Consulting | Chicago | Not listed | Percentage of assets, Hourly |
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