Progress Wealth ManagementIndependent Financial Education

Fee-only adviser · New Berlin, IL

Blankenship Financial Planning, Ltd.

From SEC and state Form ADV filingsUpdated 2026-11-07

Blankenship Financial Planning, Ltd. is a fee-only investment adviser registered with the securities regulator of Illinois, with its main office in New Berlin, Illinois. On its latest Form ADV, filed November 24, 2025, it reports $18M in regulatory assets under management, 67 individual clients and 2 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.

Visit websiteView SEC record and brochure

Key facts from Form ADV

RegistrationState-registered: Illinois
Firm CRD number125651
Office116 West Illinois
New Berlin, IL 62670
Phone(217) 488-6473
Websitewww.blankenshipfinancial.com
Regulatory assets under management$18M
Individual clients63 non-high-net-worth, 4 high-net-worth
Financial planning clients51-100
How it chargesPercentage of assets, Hourly, Fixed fee
ServicesFinancial planning, Portfolio management
Employees2
Disciplinary disclosuresNone reported
Latest Form ADV filingNovember 24, 2025

Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.

What this means for you

  • It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
  • It also charges a percentage of assets managed for ongoing investment management.
  • Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
  • It provides financial planning services, not only portfolio management.
  • It reports no disciplinary history on Form ADV.

Before you hire any adviser

Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.

Nearby

Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Blankenship Financial Planning, Ltd.? Update this listing.