Barrett Wealth Connection LLC | Financial Advisor in Spring Grove ,IL

2002 Holian Drive
Suite 104
Spring Grove, IL 60081

Finding Peace of Miind


About

BARRETT WEALTH CONNECTION DIFFERENCE

Standing Out From the Crowd

You will notice the difference from the very first time you contact
Barrett Wealth Connection. While most advisors sell their
investment prowess, we talk about your needs and dreams. We get to
know you before making even one recommendation. You can enjoy
knowing that we dedicate as much time as needed and act in a
Fiduciary capacity - putting you first. We connect you to the right
people and resources. Your situation is unique, which is why we
customize a solution just for you. Most importantly, our attention
to detail allows you to focus your time on other important matters
in life.

33 Years of Experience



General Information
Firm Start Year:   2012
No.of Employees:   2-4
Name of Broker/Dealer:   Independent RIA
Name of Custodial Firm:   Client gets to choose
States Licensed in:   Licensed in the State of Illinois and Wisconsin
Number of Years with Current Firm:   4
Work Experience:   Amy Barrett and Barrett Wealth Connection works with individuals, businesses, not-for-profits, and foundations to provide fee-only, fiduciary financial planning, investment management and fiduciary consulting.
I work with the following types of clients:   Individual Investors , Businesses , Non-Profit Organizations
Services
Investment Types:   Bonds , Stocks , Mutual Funds , Exchange Traded Funds (ETFs) , Socially Responsible Investments (SRI)


Qualifications & Memberships
Financial Organization Memberships:   CFA Institute
Non-Financial Organization Memberships:   Collaborative Law Institute of Illinois,
International Academy of Collaborative Professionals


Firm Information
Firm's Number of Clients:   56
Firm's Number of Planning Clients:   56
Firm's Number of Managed Clients:   40
Assets Managed by Firm:   $30,000,000
Advisor's Number of Clients:   56
Advisor's Number of Managed Clients:   40
Advisor's Number of Planning Clients:   56
Assets Managed by Advisor:   $30,000,000


Compensation & Fees
Fee Structure:   I am a Fee-Only financial professional
Minimum Portfolio Size for New Managed Accounts:   $250,000
Compensation Methods:   Based on Assets , Hourly
Fee % Based on Assets:   1
Hourly Rate:   $200
Additional Details on Charges:   Fees may vary from fee schedule
Minimum Fee Charged for Managed Accounts:   $2,500
Minimum Fee Charged for Hourly Planning Accounts:   $195.00


Board Positions
Organization:  Congregation Am Echod  Lindenhurst, IL
Position :  Past President
Duration :  July 2014-Currently holding


Education
MBA - Finance and Policy  University of Chicago - Chicago, IL
September 1987-December 1989

BS - Agricultural Education and Business  Cornell University - Ithaca, NY
August 1978-May 1982



FAQs

  • Do you have a customer satisfaction or refund policy? Since we develop a customized solution with our clients, the end result is very personal. Refunds are not available for customized financial and investment plans.
  • What are your qualifications? What is your education background? Amy has held positions of Director of Investments, Chief Investment Officer, Principal and Financial Advisor. MBA University of Chicago, BS Cornell University, Chartered Financial Analyst, Certified Financial Planner, Certified Divorce Financial Analyst, Mediator DePaul University, Collaborative Law Process Professional
  • What is your approach to financial planning? We follow the steps practiced by Certified Financial Planners, which includes: 1) Establishing and Defining the Relationship with the Client 2) Gathering Client Data 3) Analyzing and Evaluating the Client's Financial Status 4) Developing and Presenting the Financial Planning Recommendation 5) Implementing the Financial Planning Recommendation(s) 6) Monitoring
  • What services do you offer? Retirement Planning, College Planning, Estate Planning, Budgeting, Liquidity, Insurance Analysis, Divorce Planning, Buy-and-Hold Investment Philosophy, World-Wide Diversification, Low-Fee Investment Vehicles, Institutional Investments, Science-Based Portfolio Design, Tax-Efficient Investments, Asset Allocation, Asset Location, Tax Loss Harvesting, Rebalancing
  • How many clients do you currently manage? 56
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Amy Barrett

Amy Barrett

CFA, CERTIFIED FINANCIAL PLANNER™ Certificant, CDFA, Mediator, Collaborative Law Professional

Biography


Amy Barrett's career spans over thirty years including owning a membership at the Chicago Board of Trade and asset management for Lotsoff Capital Management, a Chicago-based investment manager. In the past, she has held positions of Director of Investments, Chief Investment Officer, Principal and Financial Advisor. She speaks on a wide variety of topics at national and local venues. Amy is a contributor to the Wall Street Journal, Forbes, and other media outlets including television, the Internet, and radio.

Amy holds a Masters of Business Administration degree from the University of Chicago, where she specialized in finance and policy, and a Bachelor of Science degree from Cornell University. She has been awarded the Chartered Financial Analyst (CFA) charter and the Certified Financial Planner (CFP®) certificate. In addition, Amy has earned the Certified Divorce Financial Analysts (CDFA™) certificate. She received training as a Mediator certified by DePaul University and trained in the Collaborative Law Process.

Amy founded Barrett Wealth Connection LLC. in 2012 to provide financial planning, investment management, and personalized consulting to individuals, corporations, not-for-profit organizations, and foundations. In a world that is rapidly losing the personal touch, the company offers excellent one-on-one service resulting in close client relationships.

Licenses, Certifications and Designations:
Master of Business Administration - University of Chicago Booth School of Business
Bachelors of Science - Cornell University
Charter Financial Analyst (CFA)
Certified Financial Planner (CFP®)
Certified Divorce Financial Analyst (CDFA™)
Mediator - Certified by DePaul University
Collaborative Law Professional

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My Services


Risk management

Barrett Wealth Connection does not sell insurance, however, we evaluate your insurance coverage and recommend more risk coverage when necessary.


Money Management

Barrett Wealth Connection does not manage clients' cash, however we work with clients to put together a plan for cash management. We create a safety bucket and plan for income and outgoing expenditures in order to pay bills, have cash for emergencies, and let one sleep at night.


Financial Advice & Consulting

Barrett Wealth Connection provides holistic wealth management services. The process begins with financial planning. Once the client has set goals, we implement an investment plan. We then follow up with tax management and fiduciary consulting to answer clients questions. The process is repeated based on the client's needs.


My Team


Mindy  Ross
Mindy Ross

Executive Assistant

Mindy holds the position of Executive Assistant in Barrett Wealth Connection's Spring Grove, IL office and is a member of the Administrative Team. She supports several functions within BWC including Book Keeping, Marketing Support, and General Assistance with client requests and services. Mindy holds a Bachelor of Science degree in Economics from Carnegie Mellon University in Pittsburgh, PA.


Communities Served

Algonquin Antioch
Barrington Bristol
Burlington Cary
Crystal Lake Delavan
Elkhorn Fontana
Fox Lake Fox River Grove
Genoa City Grayslake
Gurnee Harvard
Hebron Ingleside
Island Lake Lake Geneva
Lake Villa Lake Zurich
Libertyville Lincolnshire
Lyons Mchenry
Mundelein Palatine
Pleasant Prairie Richmond
Ringwood Round Lake
Salem Silver Lake
Trevor Twin Lakes
Wadsworth Walworth
Wauconda Williams Bay
Wilmot Wonder Lake
Woodstock North Barrington

Office Hours

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

Compensation Arrangements

Check
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News & Events


Examining Fees for Mutual Funds
When: 01/24/2013
Details:Recently, a nice gentleman – let’s call him John – reached out to me to express a discontent with his current financial adviser, but yet he didn’t know exactly why he was frustrated. After asking a few probing questions, I learned that John suspected that his adviser purchased mutual funds having high expenses. While he didn’t have the tools to analyze mutual fund fees, John had a hunch – call it intuition. John was wondering if he was paying too much. ...more


Barrett Wealth Connection Joins the BAM Alliance
When: 03/05/2013
Details:SPRING GROVE – Barrett Wealth Connection LLC in Spring Grove has become a member of the BAM ALLIANCE, an active community of like-minded, independent wealth management firms dedicated to delivering on the promise of true wealth management. ...more


Wake Up Your Watchdog
When: 03/12/2012
Details:If Bowser, your big, tough watchdog, was asleep in his doghouse as prowlers raided and trashed your house, you might consider kicking him out the door. Bowser’s job was simple: bark his head off and scare the pants off the intruders. He might have even taken a chunk off the thieves’ bottoms as they ran away. His failure to protect you and your possessions would leave a lasting impression. ...more


Free seminars for divorcees scheduled
When: 01/29/2013 | By: Amy Barrett
Location: Richmond Spring Grove Chamber
Details:Amy Barrett of Barrett Wealth Connection LLC will host three free seminars entitled “Post-Divorce: Settle Your Financial Affairs”.

Awards & Recognitions


Best Financial Advisors for Doctors
(01/01/2011)

Medical Economics Names Amy Barrett, MBA, CFA, CFP®, CDFA™ 2011 Best Financial Advisors for Doctors

Social Networks


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