Optimize Your Most Important Business: the Management of Your Wealth.
Chicago Partners is an SEC-registered, fee-only independent registered investment advisor (RIA) that specializes in creating a one-stop wealth management experience.
With 23 investment professionals managing over $1.9 billion for 650+ clients, our team specializes in optimizing each dimension of our distinguished clients' wealth. Our clients include high & ultra-high-net-worth individuals, foundations, institutions, and corporations.
Our clients optimize each dimension of their wealth by using our 5-Step Wealth Optimization Process, which includes:
- Investment Consulting
- Custom Investment Portfolios
- Tax Planning & Tax Preparation
- Personalized Financial Plans
- The Fiduciary Relationship
Our clients work with their dedicated teams consisting of CPA, CFP, J.D., and CFA-certified individuals, each focused on optimizing a specific dimension of the client's wealth. Each client's plan is customized to meet their unique goals & objectives, and their team of fiduciaries is always working to reach their goals and objectives.
|Firm Start Year:||2007|
|No. of Employees:||20-49|
|Name of Broker/Dealer:||n/a|
|Name of Custodial Firm:||Charles Schwab and Co./TD Ameritrade/Fidelity|
|States Licensed in:||Registered with the SEC|
|Number of Years with Current Firm:||11|
|Work Experience:||Practice Leader at PwC. Senior Portfolio Manager at Northern Trust and B of A.|
|Work with the following types of clients:||Non-Profit Organizations, Individual Investors, Businesses|
|Investment Types:||Mutual Funds, MLP - Pipelines, Exchange Traded Funds (ETFs), Stocks, Bonds, Socially Responsible Investments (SRI)|
|Can meet clients in the following ways:||Your Home, Phone, Our Office, Your Office, Email|
Qualifications & Memberships
|Financial Organization Memberships:||CFA Institute and Chicago Analyst Society|
|Firm's Number of Clients:||681|
|Firm's Number of Planning Clients:||681|
|Firm's Number of Managed Clients:||681|
|Assets Managed by Firm:||$1,900,000,000+|
|Advisor's Number of Clients:||333|
|Advisor's Number of Managed Clients:||333|
|Advisor's Number of Planning Clients:||333|
Compensation and Fees
|Minimum Portfolio Size for New Managed Accounts:||$500K|
|Fee % Based on Assets:||90 BPS|
|Flat Fee Rate:||n/a|
|Additional Details on Charges:||n/a|
|Minimum Fee Charged for Managed Accounts:||n/a|
|Minimum Fee Charged for Hourly Planning Accounts:||n.a|
|Minimum Fee Charged for Flat Fee Accounts:||n/a|
Do you have a customer satisfaction or refund policy?
We charge our clients a percentage of assets under management fee (0.9% or less annually). We charge quarterly and will provide any of our clients with a prorated fee schedule upon request.
Why should I choose you as my financial advisor?
I have been managing investment portfolios for high net worth clients since 1990 and have served as a senior portfolio manager at Bank of America, Northern Trust, and PricewaterhouseCoopers (PwC). I started Chicago Partners in 2007 after spinning off from inside PwC. I have a BS in Business from Marquette University and a MBA in Finance from DePaul University. I am also a Chartered Financial Analyst (CFA).
What are your qualifications? What is your education background?
We serve as a guide to our clients' total wealth optimization. The financial industry can feel dense and frustrating to navigate alone, and we work with our clients to optimize each dimension of their wealth (portfolio, tax, estate, retirement, & relationships) by walking with them through our 5-Step Wealth Optimization Process. We create customzied low-cost and tax efficient solutions that move our clients toward meeting their financial goals.
How do you charge for your services?
Percentage of assets under advisement - please see above.
How are you compensated? How will I pay for your services?
Percentage of assets under management, generally 90bps (0.9%) for the first $1MM. Our fee schedule decreases as you add more assets ($1-2MM @ 60bps, $2-3MM @ 50bps, etc.).
WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.
Please see our disclosure on our website by going to www.chicagopartnersllc.com
Additional Detailed Disclosures
|Chicago Partners Investment Group, LLC ("CP") is an SEC registered investment adviser located in Chicago, Illinois. CP and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states in which CP maintains clients. CP may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. CP?s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment- related information, publications, and links.|
Registered Investment Advisor:
Investment Advisor Representative:
Compliance Disclosures in Last 5 years:
Have a clean record
Criminal Disclosures in Last 5 years:
Have a clean record
|Mon.||8:00 AM - 5:00 PM|
|Tue.||8:00 AM - 5:00 PM|
|Wed.||8:00 AM - 5:00 PM|
|Thu.||8:00 AM - 5:00 PM|
|Fri.||8:00 AM - 5:00 PM|
CFP®, CRPS®, CFS, AIF®
VERMILLION FINANCIAL ADVISORS
32 Years of ExperienceView Profile