# Financial advisors in Chicago, IL

> AdvisorCensus lists 1,071 investment advisory firms with a principal office in the Chicago metro area, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below. Firms may request removal from the directory, so this count can differ from the number of firms that file Form ADV.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/il/chicago/page/7

## At a glance

- Investment advisory firms: 1,071
- Registration: SEC-registered investment adviser: 635, State-registered investment adviser: 299, Exempt reporting adviser: 137
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 277 (30%); Percentage of assets 864 (93%); Hourly charges 307 (33%); Subscription fees (newsletter or periodical) 9 (1%); Fixed fees 432 (46%); Commissions 38 (4%); Performance-based fees 286 (31%); Other 160 (17%); No compensation arrangements reported 137
- Regulatory assets under management (Item 5.F): Under $25 million 140 (13%); $25 million to $100 million 126 (12%); $100 million to $500 million 260 (24%); $500 million to $1 billion 100 (9%); $1 billion to $5 billion 132 (12%); Over $5 billion 111 (10%); Not reported 202 (19%)
- Years registered: Under 5 years 358 (33%); 5 to 9 years 237 (22%); 10 to 19 years 293 (27%); 20 years or more 183 (17%)

## Firms (page 7 of 22, 301 to 350 of 1,071, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [Factor Wealth Management](https://advisorcensus.com/firm/factor-wealth-management-chicago-il-104708) ([md](https://advisorcensus.com/firm/factor-wealth-management-chicago-il-104708.md)) | 104708 | Chicago, IL | SEC-registered investment adviser | $500 million to $1 billion | 37 | % of assets, Hourly, Fixed fee |
| [Faircourt Partners, LLC](https://advisorcensus.com/firm/faircourt-partners-llc-lake-bluff-il-295508) ([md](https://advisorcensus.com/firm/faircourt-partners-llc-lake-bluff-il-295508.md)) | 295508 | Lake Bluff, IL | SEC-registered investment adviser | $1 billion to $5 billion | 8 | % of assets, Fixed fee |
| [Fairway Capital Management, LLC](https://advisorcensus.com/firm/fairway-capital-management-llc-chicago-il-312918) ([md](https://advisorcensus.com/firm/fairway-capital-management-llc-chicago-il-312918.md)) | 312918 | Chicago, IL | SEC-registered investment adviser | $25 million to $100 million | 4 | % of assets, Performance fee, Other |
| [Family First Wealth Management](https://advisorcensus.com/firm/family-first-wealth-management-sycamore-il-306030) ([md](https://advisorcensus.com/firm/family-first-wealth-management-sycamore-il-306030.md)) | 306030 | Sycamore, IL | State-registered investment adviser | Under $25 million | 6 | % of assets, Hourly, Fixed fee |
| [Feldman, Ingardona & Co](https://advisorcensus.com/firm/feldman-ingardona-and-co-downers-grove-il-29449) ([md](https://advisorcensus.com/firm/feldman-ingardona-and-co-downers-grove-il-29449.md)) | 29449 | Downers Grove, IL | SEC-registered investment adviser | $1 billion to $5 billion | 28 | % of assets, Fixed fee |
| [Fiduciary Financial Partners, LLC](https://advisorcensus.com/firm/fiduciary-financial-partners-llc-naperville-il-156389) ([md](https://advisorcensus.com/firm/fiduciary-financial-partners-llc-naperville-il-156389.md)) | 156389 | Naperville, IL | SEC-registered investment adviser | $100 million to $500 million | 13 | % of assets, Fixed fee, Commissions |
| [Fiducient Advisors LLC](https://advisorcensus.com/firm/fiducient-advisors-llc-chicago-il-106720) ([md](https://advisorcensus.com/firm/fiducient-advisors-llc-chicago-il-106720.md)) | 106720 | Chicago, IL | SEC-registered investment adviser | Over $5 billion | 31 | % of assets, Fixed fee, Performance fee |
| [Fidus Investment Advisors, LLC](https://advisorcensus.com/firm/fidus-investment-advisors-llc-evanston-il-156981) ([md](https://advisorcensus.com/firm/fidus-investment-advisors-llc-evanston-il-156981.md)) | 156981 | Evanston, IL | SEC-registered investment adviser | $1 billion to $5 billion | 15 | % of assets, Performance fee |
| [Fieldsong Investments, LLC](https://advisorcensus.com/firm/fieldsong-investments-llc-chicago-il-330590) ([md](https://advisorcensus.com/firm/fieldsong-investments-llc-chicago-il-330590.md)) | 330590 | Chicago, IL | Exempt reporting adviser | Not reported | 2 | Not reported |
| [Fifield Companies](https://advisorcensus.com/firm/fifield-companies-chicago-il-341857) ([md](https://advisorcensus.com/firm/fifield-companies-chicago-il-341857.md)) | 341857 | Chicago, IL | Exempt reporting adviser | Not reported | 0 | Not reported |
| [Financial Design Studio, Inc.](https://advisorcensus.com/firm/financial-design-studio-inc-deer-park-il-286686) ([md](https://advisorcensus.com/firm/financial-design-studio-inc-deer-park-il-286686.md)) | 286686 | Deer Park, IL | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee |
| [Financial Elements, Inc](https://advisorcensus.com/firm/financial-elements-inc-rolling-meadows-il-148557) ([md](https://advisorcensus.com/firm/financial-elements-inc-rolling-meadows-il-148557.md)) | 148557 | Rolling Meadows, IL | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Hourly, Fixed fee |
| [Financial Solutions Advisory Group](https://advisorcensus.com/firm/financial-solutions-advisory-group-chicago-il-125218) ([md](https://advisorcensus.com/firm/financial-solutions-advisory-group-chicago-il-125218.md)) | 125218 | Chicago, IL | SEC-registered investment adviser | $500 million to $1 billion | 23 | % of assets, Hourly, Fixed fee |
| [Financial Solutions, Inc.](https://advisorcensus.com/firm/financial-solutions-inc-skokie-il-311787) ([md](https://advisorcensus.com/firm/financial-solutions-inc-skokie-il-311787.md)) | 311787 | Skokie, IL | State-registered investment adviser | Under $25 million | 3 | % of assets, Fixed fee |
| [First Analysis Capital Management LLC](https://advisorcensus.com/firm/first-analysis-capital-management-llc-chicago-il-161373) ([md](https://advisorcensus.com/firm/first-analysis-capital-management-llc-chicago-il-161373.md)) | 161373 | Chicago, IL | SEC-registered investment adviser | $100 million to $500 million | 14 | % of assets, Performance fee |
| [First Choice Financial Services LLC](https://advisorcensus.com/firm/first-choice-financial-services-llc-oak-brook-il-145255) ([md](https://advisorcensus.com/firm/first-choice-financial-services-llc-oak-brook-il-145255.md)) | 145255 | Oak Brook, IL | State-registered investment adviser | Not reported | 18 | Fixed fee, Other |
| [First Trust Advisors LP](https://advisorcensus.com/firm/first-trust-advisors-lp-wheaton-il-107027) ([md](https://advisorcensus.com/firm/first-trust-advisors-lp-wheaton-il-107027.md)) | 107027 | Wheaton, IL | SEC-registered investment adviser | Over $5 billion | 34 | % of assets, Performance fee, Other |
| [First Trust Capital Management L.P.](https://advisorcensus.com/firm/first-trust-capital-management-l-p-chicago-il-317825) ([md](https://advisorcensus.com/firm/first-trust-capital-management-l-p-chicago-il-317825.md)) | 317825 | Chicago, IL | SEC-registered investment adviser | Over $5 billion | 4 | % of assets, Fixed fee, Performance fee |
| [First Wealth Advisory, Inc.](https://advisorcensus.com/firm/first-wealth-advisory-inc-st-charles-il-323649) ([md](https://advisorcensus.com/firm/first-wealth-advisory-inc-st-charles-il-323649.md)) | 323649 | St. Charles, IL | State-registered investment adviser | Under $25 million | 3 | % of assets, Fixed fee, Commissions |
| [Fisher Financial Group, LLC](https://advisorcensus.com/firm/fisher-financial-group-llc-northbrook-il-154479) ([md](https://advisorcensus.com/firm/fisher-financial-group-llc-northbrook-il-154479.md)) | 154479 | Northbrook, IL | State-registered investment adviser | $25 million to $100 million | 16 | % of assets, Hourly, Other |
| [Focused Up Financial, LLC](https://advisorcensus.com/firm/focused-up-financial-llc-la-grange-il-293504) ([md](https://advisorcensus.com/firm/focused-up-financial-llc-la-grange-il-293504.md)) | 293504 | La Grange, IL | State-registered investment adviser | Under $25 million | 8 | % of assets, Hourly, Fixed fee |
| [Foresight Wealth Advisors](https://advisorcensus.com/firm/foresight-wealth-advisors-skokie-il-286127) ([md](https://advisorcensus.com/firm/foresight-wealth-advisors-skokie-il-286127.md)) | 286127 | Skokie, IL | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Fixed fee |
| [Forest Asset Management LLC](https://advisorcensus.com/firm/forest-asset-management-llc-riverside-il-139795) ([md](https://advisorcensus.com/firm/forest-asset-management-llc-riverside-il-139795.md)) | 139795 | Riverside, IL | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Hourly, Fixed fee |
| [Forest Capital Management, LLC](https://advisorcensus.com/firm/forest-capital-management-llc-chicago-il-171659) ([md](https://advisorcensus.com/firm/forest-capital-management-llc-chicago-il-171659.md)) | 171659 | Chicago, IL | SEC-registered investment adviser | $1 billion to $5 billion | 12 | % of assets, Fixed fee |
| [Forester Capital Management Ltd](https://advisorcensus.com/firm/forester-capital-management-ltd-libertyville-il-109474) ([md](https://advisorcensus.com/firm/forester-capital-management-ltd-libertyville-il-109474.md)) | 109474 | Libertyville, IL | SEC-registered investment adviser | Under $25 million | 27 | % of assets |
| [Forsythe Wealth Management, Inc.](https://advisorcensus.com/firm/forsythe-wealth-management-inc-crown-point-in-293152) ([md](https://advisorcensus.com/firm/forsythe-wealth-management-inc-crown-point-in-293152.md)) | 293152 | Crown Point, IN | State-registered investment adviser | $25 million to $100 million | 8 | % of assets, Hourly |
| [Fort Sheridan Advisors LLC](https://advisorcensus.com/firm/fort-sheridan-advisors-llc-highland-park-il-151139) ([md](https://advisorcensus.com/firm/fort-sheridan-advisors-llc-highland-park-il-151139.md)) | 151139 | Highland Park, IL | SEC-registered investment adviser | $1 billion to $5 billion | 17 | % of assets, Fixed fee, Commissions, Performance fee |
| [Fortis Portfolio Solutions, LLC](https://advisorcensus.com/firm/fortis-portfolio-solutions-llc-chicago-il-314886) ([md](https://advisorcensus.com/firm/fortis-portfolio-solutions-llc-chicago-il-314886.md)) | 314886 | Chicago, IL | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets |
| [Forum Financial Management, LP](https://advisorcensus.com/firm/forum-financial-management-lp-lombard-il-145706) ([md](https://advisorcensus.com/firm/forum-financial-management-lp-lombard-il-145706.md)) | 145706 | Lombard, IL | SEC-registered investment adviser | Over $5 billion | 17 | % of assets, Fixed fee |
| [Fountainhead Financial, LLC](https://advisorcensus.com/firm/fountainhead-financial-llc-chicago-il-150813) ([md](https://advisorcensus.com/firm/fountainhead-financial-llc-chicago-il-150813.md)) | 150813 | Chicago, IL | SEC-registered investment adviser | $500 million to $1 billion | 17 | % of assets, Hourly, Commissions |
| [Four Corners Capital Advisers, LLC](https://advisorcensus.com/firm/four-corners-capital-advisers-llc-chicago-il-310159) ([md](https://advisorcensus.com/firm/four-corners-capital-advisers-llc-chicago-il-310159.md)) | 310159 | Chicago, IL | Exempt reporting adviser | Not reported | 6 | Not reported |
| [Fourstar Wealth Advisors, LLC](https://advisorcensus.com/firm/fourstar-wealth-advisors-llc-chicago-il-169613) ([md](https://advisorcensus.com/firm/fourstar-wealth-advisors-llc-chicago-il-169613.md)) | 169613 | Chicago, IL | SEC-registered investment adviser | $1 billion to $5 billion | 9 | % of assets, Hourly, Fixed fee |
| [Freeport Financial Partners LLC](https://advisorcensus.com/firm/freeport-financial-partners-llc-chicago-il-166682) ([md](https://advisorcensus.com/firm/freeport-financial-partners-llc-chicago-il-166682.md)) | 166682 | Chicago, IL | SEC-registered investment adviser | $1 billion to $5 billion | 13 | % of assets, Performance fee |
| [Frontaura Capital LLC](https://advisorcensus.com/firm/frontaura-capital-llc-chicago-il-162237) ([md](https://advisorcensus.com/firm/frontaura-capital-llc-chicago-il-162237.md)) | 162237 | Chicago, IL | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Performance fee |
| [Frontenac](https://advisorcensus.com/firm/frontenac-chicago-il-156096) ([md](https://advisorcensus.com/firm/frontenac-chicago-il-156096.md)) | 156096 | Chicago, IL | SEC-registered investment adviser | $1 billion to $5 billion | 14 | % of assets, Performance fee, Other |
| [Frontline One Management LLC](https://advisorcensus.com/firm/frontline-one-management-llc-chicago-il-332011) ([md](https://advisorcensus.com/firm/frontline-one-management-llc-chicago-il-332011.md)) | 332011 | Chicago, IL | Exempt reporting adviser | Not reported | 1 | Not reported |
| [FSF Ventures](https://advisorcensus.com/firm/fsf-ventures-chicago-il-334331) ([md](https://advisorcensus.com/firm/fsf-ventures-chicago-il-334331.md)) | 334331 | Chicago, IL | Exempt reporting adviser | Not reported | 0 | Not reported |
| [G Squared Equity Management LP](https://advisorcensus.com/firm/g-squared-equity-management-lp-chicago-il-289285) ([md](https://advisorcensus.com/firm/g-squared-equity-management-lp-chicago-il-289285.md)) | 289285 | Chicago, IL | SEC-registered investment adviser | Over $5 billion | 8 | % of assets, Performance fee |
| [G-Legion, LLC](https://advisorcensus.com/firm/g-legion-llc-chicago-il-286297) ([md](https://advisorcensus.com/firm/g-legion-llc-chicago-il-286297.md)) | 286297 | Chicago, IL | SEC-registered investment adviser | Under $25 million | 9 | % of assets |
| [Gallagher Fiduciary Advisors, LLC](https://advisorcensus.com/firm/gallagher-fiduciary-advisors-llc-rolling-meadows-il-146509) ([md](https://advisorcensus.com/firm/gallagher-fiduciary-advisors-llc-rolling-meadows-il-146509.md)) | 146509 | Rolling Meadows, IL | SEC-registered investment adviser | Over $5 billion | 18 | % of assets, Hourly, Fixed fee |
| [Galnet Asset Management, LLC](https://advisorcensus.com/firm/galnet-asset-management-llc-frankfort-il-163467) ([md](https://advisorcensus.com/firm/galnet-asset-management-llc-frankfort-il-163467.md)) | 163467 | Frankfort, IL | Exempt reporting adviser | Not reported | 14 | Not reported |
| [Gate City Capital Management, LLC](https://advisorcensus.com/firm/gate-city-capital-management-llc-chicago-il-289122) ([md](https://advisorcensus.com/firm/gate-city-capital-management-llc-chicago-il-289122.md)) | 289122 | Chicago, IL | SEC-registered investment adviser | $100 million to $500 million | 9 | % of assets, Performance fee |
| [GBS Retirement Services, Inc.](https://advisorcensus.com/firm/gbs-retirement-services-inc-rolling-meadows-il-34889) ([md](https://advisorcensus.com/firm/gbs-retirement-services-inc-rolling-meadows-il-34889.md)) | 34889 | Rolling Meadows, IL | State-registered investment adviser | Not reported | 19 | Other |
| [GC Advisors LLC](https://advisorcensus.com/firm/gc-advisors-llc-chicago-il-148687) ([md](https://advisorcensus.com/firm/gc-advisors-llc-chicago-il-148687.md)) | 148687 | Chicago, IL | SEC-registered investment adviser | Over $5 billion | 17 | % of assets, Performance fee, Other |
| [GC Opal Advisors LLC](https://advisorcensus.com/firm/gc-opal-advisors-llc-chicago-il-289425) ([md](https://advisorcensus.com/firm/gc-opal-advisors-llc-chicago-il-289425.md)) | 289425 | Chicago, IL | SEC-registered investment adviser | Over $5 billion | 9 | % of assets, Performance fee, Other |
| [GCM Grosvenor L.P.](https://advisorcensus.com/firm/gcm-grosvenor-l-p-chicago-il-108654) ([md](https://advisorcensus.com/firm/gcm-grosvenor-l-p-chicago-il-108654.md)) | 108654 | Chicago, IL | SEC-registered investment adviser | Over $5 billion | 28 | % of assets, Fixed fee, Performance fee |
| [GCM Grosvenor Wealth L.P.](https://advisorcensus.com/firm/gcm-grosvenor-wealth-l-p-chicago-il-340054) ([md](https://advisorcensus.com/firm/gcm-grosvenor-wealth-l-p-chicago-il-340054.md)) | 340054 | Chicago, IL | SEC-registered investment adviser | Under $25 million | 0 | % of assets, Performance fee |
| [GCP Investment Advisor, LLC](https://advisorcensus.com/firm/gcp-investment-advisor-llc-chicago-il-171093) ([md](https://advisorcensus.com/firm/gcp-investment-advisor-llc-chicago-il-171093.md)) | 171093 | Chicago, IL | SEC-registered investment adviser | $1 billion to $5 billion | 12 | % of assets, Performance fee |
| [GCR Financial Services, LLC](https://advisorcensus.com/firm/gcr-financial-services-llc-naperville-il-151821) ([md](https://advisorcensus.com/firm/gcr-financial-services-llc-naperville-il-151821.md)) | 151821 | Naperville, IL | State-registered investment adviser | $25 million to $100 million | 16 | % of assets, Hourly, Fixed fee |
| [Gehrig Capital Management, Inc.](https://advisorcensus.com/firm/gehrig-capital-management-inc-merrillville-in-123250) ([md](https://advisorcensus.com/firm/gehrig-capital-management-inc-merrillville-in-123250.md)) | 123250 | Merrillville, IN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets |

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## Questions people ask

**How many financial advisory firms are there in Chicago, IL?**
AdvisorCensus lists 1,071 investment advisory firms with a principal office in the Chicago metro area, from Form ADV filings as of October 2026: 635 SEC-registered, 299 state-registered, and 137 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV.

**How many fee-only financial advisors are in Chicago, IL?**
277 of the 1,071 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed.

**How many financial advisors in Chicago, IL offer financial planning?**
465 of the 934 firms in Chicago, IL that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports.

**Are the financial advisors in Chicago, IL fiduciaries?**
Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 277 firms that meet AdvisorCensus's fee-only test report none of those sales ties.

**How do I check whether a financial advisor has disciplinary disclosures?**
Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck.

**Does AdvisorCensus rate, verify, or recommend these firms?**
No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content.

**What does regulatory assets under management mean?**
Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality.

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- [Financial advisors in Champaign](https://advisorcensus.com/advisors/il/champaign) (https://advisorcensus.com/advisors/il/champaign.md)
- [Financial advisors in Peoria](https://advisorcensus.com/advisors/il/peoria) (https://advisorcensus.com/advisors/il/peoria.md)
- [Financial advisors in Springfield](https://advisorcensus.com/advisors/il/springfield) (https://advisorcensus.com/advisors/il/springfield.md)
- [Financial advisors in Rockford](https://advisorcensus.com/advisors/il/rockford) (https://advisorcensus.com/advisors/il/rockford.md)
- [Financial advisors in Bloomington](https://advisorcensus.com/advisors/il/bloomington) (https://advisorcensus.com/advisors/il/bloomington.md)
- [Financial advisors in Decatur](https://advisorcensus.com/advisors/il/decatur) (https://advisorcensus.com/advisors/il/decatur.md)
- [Financial advisors in Kankakee](https://advisorcensus.com/advisors/il/kankakee) (https://advisorcensus.com/advisors/il/kankakee.md)

Every firm in this list as CSV: https://advisorcensus.com/advisors/il/chicago.csv

Cite as: AdvisorCensus. Financial advisors in Chicago, IL: 1,071 firms from Form ADV filings as of October 2026.