Firm
Milestone Money
Chicago, Illinois
Fee-only
Milestone Money at a glance
- One of 330 fee-only firms based in Illinois in the Wellspent graph.
- 1 advisor is listed here.
- Its Form ADV reports 2 employees and 47 individual clients, 29 of them high net worth.
- Its average account is about $371,000 (assets it manages divided by its 151 accounts).
- Its ongoing planning fee starts at $12,500 a year, above the Illinois median of $5,000.
- Its website says it's taking new clients.
- It works with clients virtually as well as in person.
Fee-only advisors in Illinois · What fee-only advisors charge in Illinois
Facts
| Based in | Chicago, Illinois |
|---|---|
| Website | milestonemoney.com |
| Phone | (312) 815-8335 |
Milestone Money fees
What the firm's own website says it charges, checked October 30, 2026. We keep a price only when the exact words stating it appear on the page.
| Ongoing planning | From $12,500 a year |
|---|---|
| Asset-based fee | 0.95% a year on the first tier of assets |
| How it charges | Flat fee · Ongoing planning fee · Percentage of assets |
In the firm's words
"We charge a minimum annual fee of $12,500" source
"we will charge 0.95% per year under this kind of arrangement" source
"Our preference is to provide services for a fixed annual fee" source
"We charge a minimum annual fee of $12,500, which includes investment management, ongoing financial planning and tax planning." source
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 · Fixed fees |
|---|---|
| Assets managed | $56 million |
| Individual clients | 18 |
| High-net-worth clients | 29 |
| Accounts managed | 151 |
| Employees | 2 |
| Planning clients | 26-50 |
| Financial planning | Offered |
| Form ADV filed | March 20, 2026 |
| SEC record | CRD 319203 |