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2024

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Best Financial Advisors in Chicago, IL

Our Recommended Top 20

We did the research for you!

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Our goal is to connect people with the best local professionals. We scored Chicago Financial Advisors on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

673Reviewed

411Curated

20Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1 N Wacker Dr Ste 4110, Chicago, IL 60606

Expertise.com Rating

Review Sources

Facebook
4.9 (34)
Google
5.0 (13)

Why choose this provider?

Chicago Partners Wealth Advisors is a financial advisory firm serving clients in the metro and the surrounding areas. Its wealth management services cover tax support, investment management, and financial planning. Its financial advisors hold several designations, including CFA, CFP, CPA, CAIA, and JD, and possess financial analysis, personal finance, and public accounting skills. Chicago Partners primarily serves high-net-worth individuals, corporations, and investors with compliance restrictions. Its founder, Jim Hagedorn, is a Chartered Financial Analyst with over 20 years of experience in wealth management.

  • Portfolio Audit
  • Private Banking
  • Tax Planning
  • Investment Management
  • Advanced Financial planning
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Chicago, IL
Free Consultation

Expertise.com Rating

Why choose this provider?

SmartAsset's free, five-minute tool makes it easy to find qualified financial advisors in your area. The exclusive tool uses a quick survey to help SmartAsset's exclusive algorithm match you with up to three advisors based on your specific financial needs. Each advisor is a fiduciary, legally bound to work in your best interest, and rigorously vetted by SmartAsset. You can speak with each for free, sometimes within a matter of minutes, and choose whom you want to work with. Hundreds of thousands of smart investors and retirees have already used SmartAsset's simple, no-cost service to find the right financial advisors for them.

  • Estate Planning
  • Financial Planning
  • Investment Management
  • Retirement Planning

135 South LaSalle Street, Chicago, IL 60603

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Review Sources

Google
5.0 (2)

Why choose this provider?

Chicago Capital, also known as Chi-Cap, is a Registered Investment Advisor with a national presence. Chi-Cap was founded on one simple principal: putting clients first. Chi-Cap offers personalized services to help clients define their financial goals that span multiple generations. Chi-Cap has established a clear process to understand these goals, develop appropriate recommendations and help balance the risks and rewards of long-term investments. Advisors at Chi-Cap are civic leaders who have decades of experience helping clients reach their financial goals and a history of long-lasting client relationships. Chi-Cap is invested in their clients and community and support many worthy organizations including: WTTW/WFMT, Chicago Public Media, Cara, Chicago High School for the Arts, Lyric Opera, Chicago Symphony Orchestra, Springboard Foundation, Hubbard Street Dance Chicago and many more.

Chicago, IL 60631

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Review Sources

Yelp
5.0 (22)

Why choose this provider?

DeRose Financial Planning Group is a third-generation family firm that has served the Greater Chicagoland area for more than 25 years. It helps individuals, families, and businesses with a broad range of practical financial advice as Certified Financial Planners (CFP). The group's areas of expertise include multigenerational planning, retirement planning, education planning, wealth protection, estate planning, and investment management along with tax reduction strategies. It also specializes in business succession planning, retirement plan services, and group benefits planning. They offer an initial complimentary consultation.

Chicago, IL 60602

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Why choose this provider?

D3 Financial Counselors is a financial planning firm that has more than three decades of investment management expertise behind it. The company is independent, fee-only, and fiduciary -- its focus is on providing objective advice with no conflict of interest. The firm believes in giving back to the community, and it donates its time, money, and expertise to various good causes, including veterans charities, local hospital foundations, and children's charities.

141 W Jackson Blvd Suite 1950, Chicago, IL 60604

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Review Sources

Google
4.3 (32)

Why choose this provider?

McAdam is a financial services company that serves the Chicago metro and the surrounding areas. Founded in 2008, the company assists individuals in planning their retirement and businesses and investors in wealth management and business continuity planning. Additionally, it helps customers plan their finances using cutting-edge technology such as Advanced Advisory Model™, an integrated platform that includes services, tools, and insights. In 2017, McAdam was awarded by Inc.5000 as one of the Fastest Growing Private Companies in America.

  • Financial Planning
  • Wealth Management

Attorney Information

Attorney NameBar StatusExperience
Michael Mcadam - CEO, Principal & FounderActive18 yrs

110 Oak brook Road, Oak Brook, IL 60523

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Why choose this provider?

Crescendo Financial Planners is an Oak Brook, Illinois firm that offers investment advice, tailored financial planning services, and tax minimization strategies. It takes a holistic approach by aiming to deliver an integrated financial strategy for clients that takes into account their unique circumstances. Crescendo Financial Planners is a member of the Alliance of Comprehensive Planners as well as the National Association of Personal Financial Advisors (NAPFA).

875 N. Michigan Ave Suite 3100 Suite 3100, Chicago, IL 60611
WebsiteLicense: 108652

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Why choose this provider?

Endowment Wealth Management is a fiduciary firm with offices in Chicago, Madison, Milwaukee, and Green Bay. Its wealth planning and management services cover matters concerning charitable giving and asset transfers and protection. Its advisors work with clients' attorneys and tax accountants in the process. They utilize the Endowment Investment Philosophy, which focuses on including alternative investments such as private equity and hedge funds in clients' portfolios. Company CEO Robert Riedl is a CFP, CPA, Certified Financial Counselor, and Accredited Wealth Management Advisor.

  • Private Wealth Advisor

Chicago, IL 60654

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Why choose this provider?

FIT Advisors is an independent, fee-only firm that specializes in serving physicians, business owners, and young professionals who are in the process of accumulating wealth. Their clients can expect financial planning, investment management, and tax planning services that are specially tailored to their situation and stage in life. The firm is a Certified Financial Planner, Certified Public Accountant, and a member of both the Fee-Only Network and the National Association of Personal Financial Advisors. It offers complimentary, no-obligation consultations for people who want to find out more.

Chicago, IL 60606

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Review Sources

Yelp
5.0 (6)

Why choose this provider?

Merino Wealth provides a comprehensive suite of financial advisory and wealth management services. They take a down-to-earth approach to support clients in all walks of life with a strong passion for helping women to get more out of their financial lives. Their goal is to help clients make more comfortable and confident financial decisions with less stress. The firm focuses on working with individual and small business owners with personalized savings strategies, investment management, business financial planning, family finances, and more. From growing wealth to strategically preserving it, their skilled and experienced team is happy to help. Merino Wealth Management is located in the Chicago Loop.

515 North State Street, Suite 1770, Chicago, IL 60654

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Why choose this provider?

Aaron Wealth Advisors is an independent advisory firm dedicated to helping sophisticated individuals, multi-generational families, and family offices manage the complex business of their wealth headquartered in Chicago. It caters to individuals, families, executives, and entrepreneurs. Aaron Wealth Advisors provides clients with institutional quality advice, products, investment vehicles, and consolidated reporting, while delivering a highly customized service that truly focuses on the family. Aaron Wealth Advisors was established by Gary Hirschberg, J.D, CTFA in 2018 after a long career at Goldman Sachs.

  • Certified Financial Planner (CFP)

405 West Superior Street, Chicago, IL 60654

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Review Sources

Facebook
5.0 (4)
Google
5.0 (1)

Why choose this provider?

RCM Wealth Advisors is an independent, employee-owned boutique firm that offers a variety of financial services to clients in Chicago. Bobby Schwartz and Tim Webb are the managing partners of the firm. They specialize in corporate retirement planning, asset, and wealth management. They also provide estate and long-term care planning, as well as term, permanent life, and disability insurance. Tim has also been working as a portfolio manager and advisor to families since 2003.

  • Estate Planning
  • Retirement Planning

1017 West Washington Boulevard, Chicago, IL 60607

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Review Sources

Yelp
5.0 (1)

Why choose this provider?

JMC Wealth Management, Inc., is an investment advisory company that serves individuals and families in the community of Chicago and surrounding areas. It offers a wide range of financial services, such as estate planning, investment strategy, retirement planning, tax strategy, and legacy planning. Its team of independent financial planners creates a financial program that addresses the client's needs. Mark J. Murphy, one of its financial advisors, has been active in the industry for 14 years.

  • Certified Financial Planner (CFP)

564 West Randolph Street, Chicago, IL 60661

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Review Sources

Yelp
5.0 (26)
Google
5.0 (3)

Why choose this provider?

Mindful Money Financial Counsel, LLC, is a locally owned and operated independent financial advising firm that is based in Chicago. It offers a wide range of financial planning processes that cater to the needs of clients. Its process starts with initial assessments, followed by a personalized written plan to help address various matters, such as 12-month money flows, investments, debts, taxes, and life transitions. Colin Chase, the founder of the firm, has more than 18 years of experience in the industry.

  • Certified Financial Planner (CFP)
  • Private Wealth Advisor

181 West Madison Street, Chicago, IL 60602

Expertise.com Rating

Review Sources

Facebook
5.0 (18)
Yelp
2.0 (6)
Google
2.0 (3)

Why choose this provider?

CIBC Private Wealth Management provides integrated wealth management services to high net-worth clients in Chicago and 21 other cities. Wealthy individuals and families consult the firm for advisors who integrate expertise in key areas, like multi-asset class investment management, wealth planning and trustee services, and tailored banking solutions. Eric Propper, who serves as president and head of the firm’s Chicago office, has over 35 years of industry experience. He has been featured in The Financial Times and Family Wealth Report.

  • Private Wealth Advisor
  • Retirement Planning

737 North Michigan Avenue, Chicago, IL 60611

Expertise.com Rating

Review Sources

Yelp
5.0 (3)

Why choose this provider?

CTS Financial Group is a Chicago-based financial advisory and planning business. The company creates comprehensive financial plans, which include expert situation analysis and strategy recommendations to help clients achieve their unique goals. The firm also provides 401k monitoring, income tax and accounting management, and asset management programs. The company's founder Todd Much is a tax accountant, investment advisor, and Certified Financial Planner practitioner with more than 30 years of experience.

  • Private Wealth Advisor
  • Retirement Planning
  • Insurance Products

303 West Madison Street, Chicago, IL 60606

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Why choose this provider?

Founded in 2002, Altair is an independent wealth advisory firm catering to clients in Chicago. It provides client education, financial planning, and investment management services to individuals, families, and foundations. Its services cover tax strategies, asset administration, education funding, and estate planning. Altair has consistently appeared on Barron's and Forbes' list for top financial advisers. Rebekah L. Kohmescher, a founding partner and the firm's CEO, is a CFP and CPA with over 20 years of experience in the financial services industry.

  • Certified Financial Planner (CFP)

33 North LaSalle Street, Chicago, IL 60602

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Why choose this provider?

Optimum Investment Advisors is a firm that provides customized solutions for the financial needs of individuals, families, and businesses in Chicago and nearby locations. Founded in 1989, it comprises financial advisors who deliver a wide range of financial services, such as life planning, retirement planning, and financial planning. They help clients in creating an investment plan that meets the financial goals and needs of clients. CEO and chairman Terry McCaffrey has over 30 years of experience in the business and investment industry.

  • Retirement Planning

20 North Clark Street, Chicago, IL 60602

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Why choose this provider?

Based in Chicago, Blueprint Wealth Advisors, LLC, is an independent financial services firm serving personal and business clients. The firm caters to young professionals, business owners, and pre-retirees. Its services cover risk management, estate planning, and taxation strategies. The firm's advisors bring over 50 years of combined experience to help clients implement comprehensive financial plans. Ryan F. Evans, the firm's co-founder, holds ChFC, AIF, and CFP designations. He has also been featured in Chicago Magazine's Five Star Wealth Managers list for five consecutive years.

  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Chicago, IL 60653

Expertise.com Rating

Why choose this provider?

Envision Wealth Planning is a Chicago financial advisory firm that serves small business owners, medical professionals, retirees, people nearing their retirement, professional women, volatile income earners, and other clients who require customized wealth management advice. It aims to help people enjoy the financial security that they have worked hard to achieve.

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
Chicago Partners Wealth Advisors
1 N Wacker Dr Ste 4110, Chicago, IL 60606Call for pricing
SmartAdvisor by SmartAsset
Chicago, ILFree Consultation
Chicago Capital
135 South LaSalle Street, Chicago, IL 60603
DeRose Financial Planning Group
Chicago, IL 60631
D3 Financial Counselors
Chicago, IL 60602
McAdam
141 W Jackson Blvd Suite 1950, Chicago, IL 60604
Crescendo Financial Planners
110 Oak brook Road, Oak Brook, IL 60523
Endowment Wealth Management
875 N. Michigan Ave Suite 3100 Suite 3100, Chicago, IL 60611
FIT Advisors
Chicago, IL 60654
Merino Wealth Management
Chicago, IL 60606
Aaron Wealth Advisors
515 North State Street, Suite 1770, Chicago, IL 60654
RCM Wealth Advisors
405 West Superior Street, Chicago, IL 60654
JMC Wealth
1017 West Washington Boulevard, Chicago, IL 60607
Mindful Money Financial Counsel, LLC
564 West Randolph Street, Chicago, IL 60661
CIBC Private Wealth Management
181 West Madison Street, Chicago, IL 60602
CTS Financial Group
737 North Michigan Avenue, Chicago, IL 60611
Altair
303 West Madison Street, Chicago, IL 60606
Optimum Investment Advisors
33 North LaSalle Street, Chicago, IL 60602
Blueprint Wealth Advisors
20 North Clark Street, Chicago, IL 60602
Envision Wealth Planning
Chicago, IL 60653

FAQs

  • Introduction

    There are many titles for financial professionals, so it's challenging to track what each one means. A financial advisor is probably the term you've heard most often. Financial advisor is a broad term for a professional who helps individuals or companies manage their finances, including investment choices. There are over 100 certifications that financial advisors can obtain.

    • Financial planners, wealth managers, and investment advisors are all financial advisors with different focus areas.
    • A financial planner helps an individual or a company make a plan to achieve long-term financial goals.
    • A wealth manager helps individuals maintain their wealth through various disciplines and services, such as taxes, estate planning, and investment advice.
    • An investment advisor offers investment advice and recommendations to individuals or organizations.
    There’s a misconception that you have to be extremely wealthy to use a financial advisor. In reality, they can be beneficial for people from any income level. Keep reading to find answers to the most commonly asked questions about financial advisors, so you know which type can fit your specific needs.

  • What does a financial advisor in Chicago do?

    Financial advisors provide various services for individuals, families, and businesses in Chicago. They can help manage your finances in anticipation of your retirement and other major events in your life. They also give personalized advice on insurance policies, investment profiles, and tax strategies to protect your interests and help you achieve your financial goals.

  • Should one have significant assets before engaging the services of a financial advisor in Chicago?

    Not necessarily. Mapping out your finances and working with a financial advisor are sensible steps to take, no matter the size of your estate. In many cases, building a savings and investment strategy with a financial advisor in Chicago early in your adult life leads to promising results. Doing so can ensure steady progress toward your financial goals, reduce the impact of monetary setbacks, and secure your target retirement life.

  • What does a "fee-only" financial advisor in Chicago mean?

    Typically, financial advisors can be compensated either by earning commissions or flat rates. A "fee-only" financial advisor in Chicago is paid a set rate for the services they provide. This means that they do not receive commissions, referral fees, kickbacks, or other hidden compensation to reduce potential conflicts of interest between them and their clients.

  • What does a NAPFA-registered financial advisor in Chicago mean?

    Headquartered in Illinois, the National Association of Personal Financial Advisors (NAPFA) is a professional organization that provides support to independent, fee-only financial advisors. NAPFA-registered financial advisors in Chicago are expected to abide by the organization's core values, which include giving independent and objective financial advice and delivering services in the interest of the public. They should also uphold NAPFA's high standards of comprehensive financial planning and represent the profession well.

  • What is a fiduciary financial advisor in Chicago?

    A fiduciary financial advisor in Chicago has a legal responsibility to put their clients' best interests first and above their own all the time. They are duty-bound to see through the course of action that would most benefit the client financially, even if it would mean they would earn lower fees or commissions.

  • Are financial advisors worth it?

    Whether or not a financial advisor is worth it depends on your personal situation. If your finances are fairly straightforward, then you may be better off handling it on your own. But if you have substantial assets or a complex investment portfolio, then hiring someone to handle it for you can be well worth the cost.