Why should I hire a financial advisor to manage my money?

The core objective of a financial advisor is to get your finances on the right track & help you strategize your spendings, investments & savings to mitigate the future financial risks. A financial advisor creates a plan for you based on your short term & long term financial goals keeping the market situations into consideration and provides you a roadmap to attain those goals.

How can I pick a good financial advisor?

A good financial advisor is the one who has a sound knowledge of managing finances, the experience of working with market ups & downs & most importantly - understands your financial goals & needs well. To find a 'good' financial advisor, you need to get your financial goals defined & choose the best fiduciary financial advisor that puts your best interest on priority. Choose the best financial advisor for you with our financial advisor's directory.

What's the difference between a financial planner and a financial advisor?

A financial Advisor provides a vast spectrum of advisory investment management, debt repayment, tax planning, estate planning, retirement planning, insurance depending on your need, whereas a financial planner helps you create a financial plan to help you meet your goals. While the work of a financial planner & a financial overlap at a certain point, there is a fine line of difference based on cost, goals & way of working between the two.

How much money should you have before getting a financial advisor?

The cost of a financial advisor depends upon factors like experience, certifications & the type of financial advisor. Cost varies as per the type of financial advisor you choose as no one-size-fits-all compensation option for advisors. The most common ways a financial advisor is compensated are fee-only, hourly rates, commission-based, fixed flat rates & percentage of the account. You need to talk to your advisor about the cost involved before hiring the one.

What type of financial advisor do I need?

Given a wide variety of financial advisors, if you are unable to analyze the type of financial advisor you need, you should consult an advisor who can look at the complete picture. In general terms, the CFP or ChFC certified financial advisor is a preferred choice as in order to achieve the certification one needs a good amount of hands-on experience.

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Find The Best Financial Advisors in Illinois

Connecting with the right financial advisor at the right time can help you streamline your financial plan and build financial strategies for the future.

Trusting someone to manage your finances is a big step to take. Finding the right financial advisor in Alabama involves going through a number of financial expert profiles and a large number of options can leave you confused.

How To Find The Best Financial Advisors in Illinois
Last Updated - 13-Jun-2023

If you’re looking for qualified financial advisors in Illinois, FinancialAdvisor.net is a useful resource. We've compiled a list of the 16 vetted financial advisors and 639 non-vetted financial advisors in Illinois, along with their fee structure, investment strategies, financial services they provide, and more. These financial advisors in Illinois have an average of 20 years of experience.

If you need more personalized assistance, you may also use our free financial advisor match service to find, compare and connect with 2 to 3 financial advisors matched to your specific needs, who serve in your area.

List of Qualified Financial Advisors in Illinois

Brian R. Luedke

Forward Wealth Group

815-534-9524

Address

5404 W Elm St,
Suite J,
McHenry, IL 60050 See Details

Christopher Barberini

Lakeshore Capital Group

847-701-0400

Address

1811 Hicks Rd. Suite A,
Rolling Meadows, IL 60008 See Details

Daniel Moore

Savvy Advisors, Inc

773-394-2652

Address

12811 Grande Pines Blvd,
Plainfield, IL 60585 See Details

Mark Ackerman

Ackerman Wealth Management

331-264-1565

Address

1211 West 22nd Street,
Suite 209,
Oak Brook, IL 60523 See Details

Michael Stewart

Crystal Lake Tax & Financial Inc

815-526-3092

Address

451 Coventry Lane,
Suite 102,
Crystal Lake, IL 60014 See Details

Ryan Williamson

Horizon Wealth Management

708-352-4300

Address

22 Calendar Court,
Second Floor,
La Grange, IL 60525 See Details

Jacob Schatz

IntentGen Financial Partners

630-821-6990

Address

1460 Bond Street Suite 120,
Naperville, IL 60563 See Details

Mark LaSpisa

Vermillion Financial Advisors

847-382-9999

Address

16 Executive Court,Suite 3,
Barrington, IL 60010 See Details

Randy Dippell

Milestone Money

312-815-8335

Address

1165 N Clark St #700,
Chicago, IL 60610 See Details

Kate Baness

HighPoint Planning Partners

847-600-9626

Address

2655 Warrenville Road,
Suite 110,
Downers Grove, IL 60515 See Details

Clark Wealth Partners, LLC

618-607-4101

Address

821 West Hwy 50,
Suite 204,
Ofallon, IL 62269 See Details

WestPac Wealth Partners

781-219-7034

Address

17W220 W 22nd St, Suite 410,
Oakbrook Terrace, IL 60181 See Details

Allworth Financial

888-242-6766

Address

2610 Lake Cook Road Suite 250,
Riverwoods, IL 60015 See Details

Edelman Financial Engines, LLC

877-208-7414

Address

Edelman Financial Engines, LLC

877-208-7414

Address

18927 Hickory Creek Drive,
Suite 310,
Mokena, IL 60448 See Details

Top Financial Advisor Firms in Illinois (Ranked by AUM)

Firm Name	Firm CRD#	Total AUM	No. of Clients	Fee Structure
NORTHERN TRUST INVESTMENTS, INCORPORATED 50 S Lasalle Street, Chicago, IL, 60603-1008	105780	$902,656,985,580	41219	A Percentage of AUM, Fixed Fees, Performance Based, Other (TRANSITION MANAGEMENT SERVICE FEES)
INVESCO CAPITAL MANAGEMENT LLC 3500 Lacey Road, Suite 700 Downers Grove, IL, 60515	125601	$400,637,542,107	425	A Percentage of AUM, Other (UNITARY FEES)
ENVESTNET PMC One North Wacker Drive, Suite 1925, Chicago, IL, 60606	111694	$346,833,814,021	1713518	A Percentage of AUM, Subscription Fees, Fixed Fees, Other (A PERCENTAGE OF ASSETS OR REVENUES UNDER OUR CLIENTS' MANAGEMENT)
NUVEEN ASSET MANAGEMENT, LLC 333 West Wacker Drive, Chicago, IL, 60606	155584	$248,648,334,766	70634	A Percentage of AUM, Fixed Fees, Performance Based
LGIM AMERICA 71 South Wacker Drive, Suite 800 Chicago, IL, 60606	149156	$209,018,543,172	551	A Percentage of AUM, Fixed Fees, Performance Based
FIRST TRUST ADVISORS LP 120 E. Liberty Drive, Suite 400 Wheaton, IL, 60187	107027	$190,452,000,000	3143	A Percentage of AUM, Other (FIXED FEES PER UNIT (UITS) FOR PORTFOLIO SUPERVISORY SERVICES)
BALYASNY ASSET MANAGEMENT L.P. 444 W. Lake Street, 50th Floor Chicago, IL, 60606	138111	$184,422,571,256	24	A Percentage of AUM, Performance Based, Other (PASS THROUGH OF CERTAIN EXPENSES)
NUVEEN FUND ADVISORS, LLC 333 West Wacker Drive, Chicago, IL, 60606	104626	$147,653,381,466	182	A Percentage of AUM
AON INVESTMENTS USA INC. 200 East Randolph Street, Suite 700 Chicago, IL, 60601	105596	$123,917,476,857	305	A Percentage of AUM, Hourly charges, Fixed Fees
THOMA BRAVO 110 North Wacker Drive, 32nd Floor Chicago, IL, 60606-1511	157041	$121,197,500,000	111	A Percentage of AUM, Performance Based
GC ADVISORS LLC 150 South Wacker Drive, Suite 800 Chicago, IL, 60606	148687	$116,920,380,432	105	A Percentage of AUM, Performance Based, Other (SHARED SERVICES FEES AND EXPENSES)
HIGHTOWER ADVISORS, LLC 200 W. Madison St., Suite 2500 Chicago, IL, 60606	145323	$105,230,209,755	144757	A Percentage of AUM, Hourly charges, Fixed Fees, Commission Based, Other (RETAINER OR SERVICE FEES OR SOME COMBINATION OF 1, 2, 4, 5 & 7)
HARRIS ASSOCIATES LP 111 S. Wacker Drive, Suite 4600 Chicago, IL, 60606	106960	$94,165,931,160	2306	A Percentage of AUM, Fixed Fees, Performance Based
GC OPAL ADVISORS LLC 150 South Wacker Ave, Suite 800 Chicago, IL, 60606	289425	$93,642,259,592	72	A Percentage of AUM, Performance Based, Other (SHARED SERVICES FEES AND EXPENSES)
LSV ASSET MANAGEMENT 155 North Wacker Drive, Suite 4600 Chicago, IL, 60606	109918	$91,100,458,682	269	A Percentage of AUM, Performance Based, Other (ASSET-BASED FEE FOR PROVISION OF MODEL PORTFOLIOS)

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Find The Best Financial Advisors in Illinois

How To Find The Best Financial Advisors in IllinoisLast Updated - 13-Jun-2023

List of Qualified Financial Advisors in Illinois

Forward Wealth Group

Address

Lakeshore Capital Group

Address

Savvy Advisors, Inc

Address

Ackerman Wealth Management

Address

Crystal Lake Tax & Financial Inc

Address

Horizon Wealth Management

Address

IntentGen Financial Partners

Address

Vermillion Financial Advisors

Address

Milestone Money

Address

HighPoint Planning Partners

Address

Address

Address

Address

Address

Address

Top Financial Advisor Firms in Illinois (Ranked by AUM)

Select other cities around Illinois to broaden your search for a financial advisor

Frequently Asked Questions

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How To Find The Best Financial Advisors in Illinois
Last Updated - 13-Jun-2023

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