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Financial advisors · Illinois

Fee-only financial advisors in Chicago, IL

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

112 fee-only investment advisers have offices in Chicago, Illinois, according to their Form ADV filings with the SEC and state regulators. 71 offer hourly or flat-fee arrangements, 37 charge only a percentage of the assets they manage, and 71 provide financial planning. 81 are SEC-registered, which generally means at least $100 million under management; the rest are smaller state-registered practices. 4 firms report disciplinary history and are listed last.

Data from Form ADV filings as of November 6, 2026. Listings are factual and unpaid. Default order puts firms offering financial planning first and high-volume platforms after advice practices; how ordering works.

Paid partly in stock? Chicago is home to large offices of Google, Salesforce, Microsoft. Before you meet an adviser, read our plain-English guides to Google, Salesforce, Microsoft, and run your numbers in the RSU tax calculator and the vesting schedule calculator. Ask each firm how many clients it advises on RSUs, ESPPs and concentrated stock, and how it charges for that work.

Showing 112 of 112

Cohen Capital

303 East Wacker Drive Suite 2103, Chicago, IL 60601 · (312) 477-3155

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$1.1B
Individual clients
1,457
Advisory staff
7
Registered with
SEC

Profile · Website · SEC record

Altair Advisers, LLC

225 W. Washington Street Suite 2400, Chicago, IL 60606 · (312) 429-3000

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$9.8B
Individual clients
895
Advisory staff
34
Registered with
SEC

Profile · Website · SEC record

Chicago Capital, LLC

550 W. Washington Blvd. Ste. 1650, Chicago, IL 60661 · (312) 429-2333

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$4.8B
Individual clients
818
Advisory staff
12
Registered with
SEC

Profile · Website · SEC record

Lake Street

128 N. May Street Floor 2, Chicago, IL 60607 · (312) 766-7040

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$1.2B
Individual clients
598
Advisory staff
6
Registered with
SEC

Profile · Website · SEC record

Port Capital LLC

180 North Stetson Avenue Suite 5700, Chicago, IL 60601 · (312) 788-2400

  • Percentage of assets
  • Financial planning
Assets managed
$2.9B
Individual clients
424
Advisory staff
5
Registered with
SEC

Profile · Website · SEC record

Aza Capital Management

141 W Jackson Blvd Suite 3332, Chicago, IL 60604 · (312) 429-0880

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$340M
Individual clients
331
Advisory staff
7
Registered with
SEC

Profile · Website · SEC record

Hemsley Advisors, Ltd.

311 S Wacker Drive Suite 1525, Chicago, IL 60606 · (847) 381-7314

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$638M
Individual clients
324
Advisory staff
4
Registered with
SEC

Profile · Website · SEC record

Burling Wealth Partners

One South Wacker Drive Suite 2150, Chicago, IL 60606 · (312) 825-0262

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$1.0B
Individual clients
250
Advisory staff
7
Registered with
SEC

Profile · Website · SEC record

Factor Wealth Management

980 N Michigan Avenue Ste 1320, Chicago, IL 60611 · (312) 644-5040

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$781M
Individual clients
239
Advisory staff
5
Registered with
SEC

Profile · Website · SEC record

Arena Private Wealth

401 N. Michigan Avenue Suite 610, Chicago, IL 60611 · (312) 798-9045

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$405M
Individual clients
223
Advisory staff
8
Registered with
SEC

Profile · Website · SEC record

Oak Family Advisors, LLC

150 North Wacker Drive Suite 1760, Chicago, IL 60606 · (312) 373-7221

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$621M
Individual clients
200
Advisory staff
5
Registered with
SEC

Profile · Website · SEC record

Gresham Partners, LLC

333 W. Wacker Drive Suite 700, Chicago, IL 60606 · (312) 960-0200

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$13.8B
Individual clients
197
Advisory staff
26
Registered with
SEC

Profile · Website · SEC record

Bard Associates Inc

233 South Wacker Drive Suite 4400, Chicago, IL 60606 · (312) 782-9600

  • Percentage of assets
  • Financial planning
Assets managed
$416M
Individual clients
180
Advisory staff
4
Registered with
SEC

Profile · Website · SEC record

Cura Wealth Advisors, LLC

180 North Stetson Ave Ste 3500, Chicago, IL 60601 · (312) 608-8806

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$528M
Individual clients
172
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

Expressive Wealth LLC

6601 N. Avondale Ave Suite 200, Chicago, IL 60631 · (847) 595-8812

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$165M
Individual clients
165
Advisory staff
9
Registered with
SEC

Profile · Website · SEC record

Wavvest Wealth

24 East Washington ST., Suite 875, Chicago, IL 60602 · (630) 699-8602

  • Percentage of assets
  • Financial planning
Assets managed
$340M
Individual clients
143
Advisory staff
5
Registered with
SEC

Profile · Website · SEC record

Doyenne Wealth Advisors

227 W Monroe Street Suite 4650, Chicago, IL 60606 · (312) 374-0844

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$2.0B
Individual clients
132
Advisory staff
10
Registered with
SEC

Profile · Website · SEC record

Blue Line Capital

141 W. Jackson Blvd Suite 2620, Chicago, IL 60604 · (312) 837-3944

  • Percentage of assets
  • Financial planning
Assets managed
$132M
Individual clients
121
Advisory staff
7
Registered with
SEC

Profile · Website · SEC record

Monroe Financial Inc.

1132 S Wabash Ave Ste 605, Chicago, IL 60605 · (312) 906-7166

  • Percentage of assets
  • Hourly
  • Financial planning
Assets managed
$8.3M
Individual clients
118
Advisory staff
1
Registered with
IL, WI

Profile · SEC record

Steward Advisors, LLC

625 West Adams Street Floor 19, Chicago, IL 60661 · (630) 537-0111

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$161M
Individual clients
104
Advisory staff
4
Registered with
SEC

Profile · Website · SEC record

Horizon Family Wealth, Inc.

250 South Wacker Drive Suite 430, Chicago, IL 60606 · (312) 442-9192

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$279M
Individual clients
93
Advisory staff
1
Registered with
SEC

Profile · Website · SEC record

103 Advisory Group

231 S. Lasalle Street 21st Floor, Chicago, IL 60604 · (312) 543-8759

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$257M
Individual clients
89
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

Kinkelaar & Associates

125 South Wacker Drive Suite 300, Chicago, IL 60606 · (330) 344-9511

  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
Not reported
Individual clients
84
Advisory staff
1
Registered with
IL, OH

Profile · Website · SEC record

Signet Private Wealth, LLC

150 S Wacker Drive Suite 2400, Chicago, IL 60606 · (312) 796-7546

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$190M
Individual clients
78
Advisory staff
4
Registered with
SEC

Profile · Website · SEC record

Valor Advisers

5919 W. Montrose Ave, Chicago, IL 60634 · (773) 609-4755

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Subscription
  • Financial planning
Assets managed
$1.7M
Individual clients
74
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

Genfi LLC

1021 West Adams Street Suite 212, Chicago, IL 60607 · (872) 213-1113

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$50M
Individual clients
62
Advisory staff
1
Registered with
IL, MI

Profile · Website · SEC record

Lake Jericho, LLC

111 West Jackson Blvd Ste 1700, Chicago, IL 60604 · (312) 307-3350

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$37M
Individual clients
56
Advisory staff
1
Registered with
IL, KY, MI

Profile · Website · SEC record

Taiko Private Wealth

225 W Randolph ST Ste 3050, Chicago, IL 60606 · (312) 300-4781

  • Percentage of assets
  • Financial planning
Assets managed
$515M
Individual clients
55
Advisory staff
3
Registered with
SEC

Profile · SEC record

Milestone Money

2000 N Racine Ave Suite 2180, Chicago, IL 60614 · (312) 815-8335

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$56M
Individual clients
47
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

Kai Wealth LLC

401 West Superior Street Suite 001, Chicago, IL 60654 · (312) 605-8020

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Subscription
  • Financial planning
Assets managed
$408M
Individual clients
45
Advisory staff
3
Registered with
SEC

Profile · SEC record

Impact Financial

1 East Erie Street #525-4173, Chicago, IL 60611 · (312) 332-6589

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$26M
Individual clients
29
Advisory staff
2
Registered with
IL, MA

Profile · Website · SEC record

HG Wealth Management, LLC

401 N Michigan Ave Suite 1200, Chicago, IL 60611 · (312) 723-5116

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$35M
Individual clients
19
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

Clancy Capital Advisors LLC

Chicago, IL (office address not published) · (804) 426-3090

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$13M
Individual clients
12
Advisory staff
1
Registered with
IL

Profile · SEC record

Avenue 90

Chicago, IL (office address not published) · (708) 942-4858

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$9.5M
Individual clients
10
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

Tallwoods Partners, LLC

15 W Hubbard ST Suite 500, Chicago, IL 60654 · (312) 283-3697

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$569M
Individual clients
8
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

Santa Barbara Management

222 N. Lasalle Street Suite 625, Chicago, IL 60601 · (734) 604-9891

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$530M
Individual clients
8
Advisory staff
17
Registered with
SEC

Profile · Website · SEC record

Itaxandinvestments Inc

6859 W Addison ST Suite 1, Chicago, IL 60634 · (773) 923-3208

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
Not reported
Individual clients
Under 5
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

Menominee Capital

2158 W Belle Plaine Apt 2, Chicago, IL 60618 · (906) 396-1458

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
Not reported
Individual clients
Under 5
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

VECTOR7 Capital

420 W Grand Ave, Suite 1B, Chicago, IL 60654 · (312) 500-6440

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
Not reported
Individual clients
Under 5
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

Segall Bryant & Hamill

10 South Wacker Drive Suite 3100, Chicago, IL 60606 · (800) 836-4265

  • Percentage of assets
  • Fixed fee
Assets managed
$22.6B
Individual clients
5,337
Advisory staff
51
Registered with
SEC

Profile · Website · SEC record

KKM Financial LLC

141 W. Jackson Suite 1711, Chicago, IL 60604 · (312) 448-7230

  • Percentage of assets
Assets managed
$866M
Individual clients
159
Advisory staff
3
Registered with
SEC

Profile · Website · SEC record

Xxi Wealth, LLC

8770 W Bryn Mawr Ave. Suite 1300-1424, Chicago, IL 60631 · (312) 300-2670

  • Percentage of assets
Assets managed
$532M
Individual clients
87
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

Sankota Capital LLC

1550 West Carroll Avenue Unit 211-D, Chicago, IL 60607 · (312) 392-2222

  • Percentage of assets
Assets managed
$57M
Individual clients
31
Advisory staff
2
Registered with
IL

Profile · Website · SEC record

Springtide Partners

15 West Hubbard Street Suite 500, Chicago, IL 60654 · (224) 478-1529

  • Percentage of assets
  • Hourly
  • Fixed fee
Assets managed
$51M
Individual clients
24
Advisory staff
2
Registered with
IL, MN, TX

Profile · Website · SEC record

Savoie Capital LLC

2500 W. Bradley Place, Chicago, IL 60618 · (773) 573-9043

  • Percentage of assets
  • Fixed fee
Assets managed
$1.3B
Individual clients
12
Advisory staff
3
Registered with
SEC

Profile · Website · SEC record

Zephyr Capital LLC

330 N Wabash Ave Ste 2300, Chicago, IL 60611 · (312) 815-2300

  • Percentage of assets
  • Fixed fee
Assets managed
$9.0M
Individual clients
10
Advisory staff
3
Registered with
IL

Profile · Website · SEC record

Logan Stone

200 S Wacker Drive Suite 2650, Chicago, IL 60606 · (312) 858-1670

  • Percentage of assets
Assets managed
$664M
Individual clients
7
Advisory staff
3
Registered with
SEC

Profile · Website · SEC record

Mainstreet Advisors

120 N. Lasalle Street Suite 3300, Chicago, IL 60602 · (312) 223-0270

  • Percentage of assets
  • Fixed fee
Assets managed
$5.9B
Individual clients
2
Advisory staff
6
Registered with
SEC

Profile · Website · SEC record

Bruce & Co Inc

20 N. Wacker Drive Ste 2414, Chicago, IL 60606 · (312) 236-9160

  • Percentage of assets
Assets managed
$380M
Individual clients
1
Advisory staff
1
Registered with
SEC

Profile · SEC record

Hull Tactical

141 W. Jackson Boulevard Suite 1650, Chicago, IL 60604 · (312) 356-3150

  • Percentage of assets
Assets managed
$177M
Individual clients
1
Advisory staff
8
Registered with
SEC

Profile · Website · SEC record

Grassland Capital, LLC

134 N Lasalle Street Suite 1050, Chicago, IL 60602 · (312) 500-5070

  • Percentage of assets
  • Hourly
  • Fixed fee
Assets managed
$3.4M
Individual clients
1
Advisory staff
2
Registered with
IL

Profile · Website · SEC record

Maren Capital

401 N. Michigan Ave Suite 1645, Chicago, IL 60611 · (773) 832-7602

  • Percentage of assets
Assets managed
$2.1B
Individual clients
Under 5
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

Intertide Partners

875 N Michigan Avenue 41st Floor, Chicago, IL 60611 · (312) 961-5048

  • Percentage of assets
Assets managed
$971M
Individual clients
Under 5
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

Geowealth Management LLC

444 N. Michigan Avenue Suite 3150, Chicago, IL 60611 · (312) 219-9160

  • Percentage of assets
  • Fixed fee
  • High-volume platform
Assets managed
$17.6B
Individual clients
50,425
Advisory staff
20
Registered with
SEC

Profile · Website · SEC record

Whale

332 S Michigan Ave Suite #121-2234, Chicago, IL 60604 · (888) 488-7104

  • Percentage of assets
  • Fixed fee
  • High-volume platform
Assets managed
$2.5M
Individual clients
3,006
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

The Mather Group, LLC

353 N. Clark Street Suite 2775, Chicago, IL 60654 · (888) 537-1080

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$13.4B
Individual clients
4,773
Advisory staff
97
Registered with
SEC

Profile · Website · SEC record

Reports disciplinary history. Read the details on the SEC record before engaging.

Hightower & Boler, LLC

77 W Wacker DR. Suite 4500, Chicago, IL 60601 · (312) 624-7733

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$7.8M
Individual clients
14
Advisory staff
1
Registered with
IL

Profile · Website · SEC record

Reports disciplinary history. Read the details on the SEC record before engaging.

Oak Ridge Investments, LLC

10 South Lasalle Street Suite 2130, Chicago, IL 60603 · (312) 857-1040

  • Percentage of assets
Assets managed
$1.7B
Individual clients
3,823
Advisory staff
11
Registered with
SEC

Profile · Website · SEC record

Reports disciplinary history. Read the details on the SEC record before engaging.

Alerce Investment Management, L.P.

676 North Michigan Ave. Suite 4000, Chicago, IL 60611 · (312) 448-5500

  • Percentage of assets
Assets managed
$227M
Individual clients
12
Advisory staff
2
Registered with
SEC

Profile · SEC record

Reports disciplinary history. Read the details on the SEC record before engaging.

Not sure which Chicago firm fits?

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Fee-only advisers near Chicago

Another 27 fee-only firms have offices within 30 miles.

How to choose between them

  1. Decide how you want to pay. Hourly and flat-fee planners suit people who want a plan and will implement it themselves. A percentage-of-assets fee buys ongoing investment management; on $1 million at 1% that is $10,000 a year, every year.
  2. Check the SEC record. Each listing links to the firm’s page on the SEC’s Investment Adviser Public Disclosure site, where you can read the Form ADV Part 2 brochure (fees, minimums, conflicts) and any disciplinary history.
  3. Ask who you will actually work with and what credentials they hold. The advisor versus consultant guide explains which titles are regulated and which are marketing.
  4. Ask about minimums. Form ADV Part 1 does not record account minimums, so they are not shown here. Many asset-based firms require $500,000 or more; hourly planners usually have none.
  5. Get the fee in writing before you sign, including fund expenses and any platform or custody charges on top.

Frequently asked questions

What does fee-only mean?

A fee-only adviser is paid only by its clients, through hourly charges, flat fees, subscriptions or a percentage of the assets it manages. It does not earn commissions on products it recommends. In this directory the label is applied from each firm’s own Form ADV: the firm reports no commission compensation, is not a broker-dealer or registered representative of one, does not act as an insurance agent, and reports no related broker-dealer or insurance agency.

How much does a fee-only financial adviser cost in Chicago?

Form ADV records how firms charge, not what they charge. Of the 112 firms listed here, 71 offer hourly or flat fees and 107 charge a percentage of assets. Each firm’s Form ADV Part 2 brochure, linked from its profile, gives its actual fee schedule. Nationally, asset-based fees commonly run around 1% a year on the first $1 million and fall above that.

How were these Chicago advisers selected?

Every registered investment adviser with an office in Chicago that serves individuals, offers financial planning or portfolio management, and reports no commission or insurance compensation on its Form ADV is listed. Inclusion is free and automatic; no firm pays to appear. The methodology page has the full rules.

Are these advisers fiduciaries?

Registered investment advisers owe their clients a fiduciary duty under the Investment Advisers Act of 1940 for the advice they give. Ask any firm to confirm in writing that it acts as a fiduciary at all times and for all of your accounts.