Firm
Chicago Wealth Management
Chicago, Illinois
Fee-only
Chicago Wealth Management at a glance
- One of 330 fee-only firms based in Illinois in the Wellspent graph.
- 5 advisors are listed here; 2 of 5 hold the CFP.
- Its Form ADV reports 6 employees and 288 individual clients, 116 of them high net worth.
- Its average account is about $353,000 (assets it manages divided by its 1,037 accounts).
Fee-only advisors in Illinois · What fee-only advisors charge in Illinois
Facts
| Based in | Chicago, Illinois |
|---|---|
| Website | chicagowm.com |
| Phone | (312) 376-8350 |
Chicago Wealth Management fees
Chicago Wealth Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $366 million |
| Individual clients | 172 |
| High-net-worth clients | 116 |
| Accounts managed | 1,037 |
| Employees | 6 |
| Planning clients | 251-500 |
| Registered with | The SEC (801-66548) |
| Financial planning | Offered |
| Form ADV filed | March 28, 2026 |
| SEC record | CRD 112271 |