Fee-only adviser · Lake Forest, IL
Obar Wealth Management LLC
Obar Wealth Management LLC is a fee-only investment adviser registered with the securities regulator of Illinois, with its main office in Lake Forest, Illinois. On its latest Form ADV, filed March 24, 2026, it reports $2.3M in regulatory assets under management, 14 individual clients and 1 employee who gives investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Illinois |
|---|---|
| Firm CRD number | 332815 |
| Office | 276 E Deerpath RD #556 Lake Forest, IL 60045 |
| Phone | (847) 613-1282 |
| Website | www.obarwm.com |
| Regulatory assets under management | $2.3M |
| Individual clients | 13 non-high-net-worth, 1 high-net-worth |
| Financial planning clients | 11-25 |
| How it charges | Percentage of assets, Hourly, Fixed fee |
| Services | Financial planning, Portfolio management, Selection of other advisers |
| Employees | 1 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 24, 2026 |
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.
Other fee-only advisers in Lake Forest
- North Shore Capital Group Investment Advisors, Inc $38M
- North Shore Private Asset Management, LLC $573M
- Buss Capital Management, LLC $30M
- Horizon Capital Management, LLC $136M
- Pac Capital, LLC $73M
- Tree City Investments, Inc. $49M
See all 8 fee-only advisers in Lake Forest →
Nearby
- Lake Bluff 3 firms
- Lincolnshire 3 firms
- Bannockburn 2 firms
- Deerfield 5 firms
- Highland Park 1 firm
- Vernon Hills 1 firm
- Libertyville 3 firms
- Buffalo Grove 4 firms
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