Expertise.com Homepage

2024

Last updated:

Best Financial Advisors in Cicero, IL

Our Recommended Top 11

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

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

29Reviewed

21Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Cicero, 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
  • Retirement Planning
  • Financial Planning
  • Investment Management

Cicero, IL

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Cicero? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

333 S Wabash Ave Suite 2700, Chicago, IL 60604

Expertise.com Rating

Review Sources

Google
5.0 (33)
Facebook
5.0 (15)

Why choose this provider?

Serenity Wealth Management is a financial advisory firm serving Cicero. It helps clients develop a financial plan tailored to their specific needs and circumstances. It educates them on the products and services available to them to achieve their financial goals. It provides services related to bonds, ETFs, mutual funds, and stocks for individuals. Other services include 401(k) and 403(b) business plans. It also offers disability income, life, and long-term care insurance.

  • Finance Planning
  • Financial Planning

8755 West Higgins Road, Suite 200, Chicago, IL 60631

Expertise.com Rating

Review Sources

Google
5.0 (13)

Why choose this provider?

Founded in 1996, DeRose Financial Planning Group provides holistic financial advice and investment management in the Cicero metro. For individuals, the firm helps with various financial planning according to their needs, such as retirement, education, estate, wealth, and multigenerational. It also helps small businesses in succession planning, retirement plans, and group benefit planning. Karen DeRose, the president and managing partner is a Certified Financial Planner. The firm was awarded by the Chicago Daily Herald as "Best Financial Planner and Wealth Management" in 2018.

  • Certified Financial Planner (CFP)

1 N. Wacker Drive, Suite 4075, Chicago, IL 60606

Expertise.com Rating

Review Sources

Facebook
4.9 (44)
Google
4.7 (14)

Why choose this provider?

Chicago Partners Wealth Advisors provides financial management solutions to clients in and around Cicero. The financial advisory firm's wealth management services include investment management, tax support, and financial planning. Its advisors have personal finance, financial analysis, and public accounting skills, and they hold designations such as CPA, CFA, and CFP, as well as JD and CAIA. The firm's clients include investors, foundations, and high-net-worth individuals. Jim Hagedorn, the firm's founder, is a Chartered Financial Analyst with over two decades of wealth management experience.

5225 West 25th Street, Cicero, IL 60804

Expertise.com Rating

Why choose this provider?

Established in 2010, Providence Wealth Advisors, LLC offers financial planning to the locals of Cicero. The firm helps its clients establish a budget and estimate a financial safety net; calculate their expenses to save up for college, retirement, pay off debts, and buy a home; and prepare for life events such as caring for aging parents and estate planning. Douglas DeGroot, the executive vice president, is a Certified Financial Planner who's been in the industry for 30 years, specializing in wealth management.

  • Financial Planning
  • Wealth Management

564 W Randolph St. Suite 200, Chicago, IL 60661

Expertise.com Rating

Review Sources

Yelp
4.8 (32)
Google
5.0 (3)

Why choose this provider?

Established in 2010, Mindful Money Financial Counsel, LLC, is a firm that caters to clients in the Cicero metro and the surrounding communities. It offers a wide array of services, such as assessments, resources allocation, personal economy reviews, financial analyses, and tax and debt recommendations. Colin Chase, the founder, brings more than 18 years of experience in the financial services industry. He holds a Master's degree in Business Administration and the Certified Financial Planner designation.

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

9501 W. 144TH Place, Suite 300E, Orland Park, IL 60462

Expertise.com Rating

Why choose this provider?

Quinn Financial Planning, LLC, is a fiduciary firm that serves clients in Cicero and the surrounding areas. Taking risk tolerance and the needs of the clients into consideration, it provides advice on many aspects of asset management, retirement planning, and tax planning strategies. In practice for over three decades, founder Timothy Quinn is a Certified Financial Planner and a registered investment advisor. His clients typically include middle-income individuals, medical professionals, ultra-high net worth business owners, and divorced or widowed individuals.

  • Financial Planning
  • Wealth Management

1531 S. Grove Avenue, Barrington, IL 60010

Expertise.com Rating

Review Sources

Google
4.6 (59)

Why choose this provider?

Piershale Financial Group Inc. is a team of financial professionals serving clients in Cicero and the surrounding metros. Its wealth management service includes monitoring client portfolios, conducting regular performance meetings, and providing up-to-date tax solutions. The advisors from this firm also help manage the financial risks caused by disability, retirement, and long-term care. Michael Piershale, the company's president, has over 30 years of industry experience. He has a weekly radio broadcast called “The Money Hour Radio”.

  • Retirement Planning
  • Wealth Management

16 Executive Court, Suite 3, South Barrington, IL 60010

Expertise.com Rating

Review Sources

Google
4.9 (37)

Why choose this provider?

Vermillion Financial Advisors, Inc., serves clients throughout the Cicero area. It provides a comprehensive range of financial planning services, including retirement, investment, cash flow, tax, estate, and insurance planning. It also assists clients in major purchase and event planning, guiding them in making smarter, planned purchasing and selling decisions. The company has been serving clients since 1988. Mark LaSpisa, co-founder and managing advisor, assists high-net-worth clients with over $1 million in assets. He has been featured in Forbes and Bloomberg Wealth Manager.

  • Estate Planning
  • Wealth Management

224 South Marion Street, Oak Park, IL 60302

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Pillar Financial Advisors, LLC is a firm serving Cicero. It offers personalized services, focusing on financial planning, insurance, and investments. It assists clients in developing plans to help them achieve their financial goals, such as preparing for retirement. It educates them on the products and services available that help best utilize their funds. Its investment products include bonds, common stocks, and IRAs. It also offers college, retirement, and tax planning. In addition, it offers disability income and life insurance.

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

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Free Consultation
Serenity Wealth Management
333 S Wabash Ave Suite 2700, Chicago, IL 60604
DeRose Financial Planning Group
8755 West Higgins Road, Suite 200, Chicago, IL 60631
Chicago Partners Wealth Advisors
1 N. Wacker Drive, Suite 4075, Chicago, IL 60606
Providence Wealth Advisors, LLC
5225 West 25th Street, Cicero, IL 60804
Mindful Money Financial Counsel, LLC
564 W Randolph St. Suite 200, Chicago, IL 60661
Quinn Financial Planning, LLC
9501 W. 144TH Place, Suite 300E, Orland Park, IL 60462
Piershale Financial Group Inc.
1531 S. Grove Avenue, Barrington, IL 60010
Vermillion Financial Advisors, Inc.
16 Executive Court, Suite 3, South Barrington, IL 60010
Pillar Financial Advisors, LLC.
224 South Marion Street, Oak Park, IL 60302

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 it mean if your financial advisor in Cicero is independent and fiduciary?

    Independent financial advisors are not affiliated with third parties and don't earn commissions from investment recommendations they make to the client. This avoids conflicts of interest. Meanwhile, being a fiduciary means the advisor is required by law to provide financial services and products in your best interest. Not all financial advisors in Cicero are fiduciaries. You should ask your advisor if they operate as a fiduciary and countercheck their SEC registration.

  • What can a financial advisor in Cicero do to help you turn from HENRY to wealthy?

    A HENRY is a “high-earner, but not rich yet,” and your Cicero financial advisor can help you reach the wealthy stage by incorporating more tax-advantaged strategies in your financial plan. These include back-door Roth investments, tax-free municipal bonds, tax-deferred investments, and tax loss harvesting. This plan will eventually help you earn tax-efficient income instead of relying on a paycheck that gets a big cut. The financial advisor can also work with a CPA to optimize your tax planning.

  • How do financial advisors in Cicero get paid?

    Most financial advisors in Cicero are either commission-based, fee-based, or fee-only. Commission-based advisors earn a percentage from the financial products they recommend to clients. Fee-based advisors also earn commissions and fees for their services. Lastly, fee-only is a payment model free of any commissions, and the fee-only advisor gets compensated with a fixed fee or a percentage of the client’s assets under their management. Conflicts of interest are avoided in the fee-only model.

  • What is this evidence-based investing that financial advisors in Cicero use?

    Evidence-based investing uses defined procedures, academic research, and data to make investing decisions. The framework allows advisors to sort through the investment market scientifically and systematically. This helps avoid investment decisions based on fear or speculations. When choosing a financial advisor to work with in Cicero, it is recommended that you get to know the advisor’s investment philosophy and the methods they use.

  • What is the difference between non-discretionary and discretionary assets when it comes to investing in Cicero?

    The difference between non-discretionary and discretionary assets comes down to how investment decisions are handled. Your financial advisor will need your approval before being able to implement an investment decision involving non-discretionary assets. Meanwhile, with discretionary assets, the financial advisor can perform investment transactions without your approval. Having a mutual agreement with your Cicero financial advisor regarding asset allocation and investment parameters should be part of your financial planning process.

  • 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.