{
  "path": "/advisors/il/flat-fee",
  "url": "https://advisorcensus.com/advisors/il/flat-fee/page/7",
  "page_type": "state_fee",
  "title": "Flat-fee financial advisors in Illinois",
  "filters": {},
  "scope_total": 590,
  "faq": [
    {
      "q": "How many financial advisory firms are there in Illinois?",
      "a": "AdvisorCensus lists 1,370 investment advisory firms with a principal office in Illinois, from Form ADV filings as of October 2026: 690 SEC-registered, 542 state-registered, and 138 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV."
    },
    {
      "q": "How many fee-only financial advisors are in Illinois?",
      "a": "432 of the 1,370 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."
    },
    {
      "q": "How many financial advisors in Illinois offer financial planning?",
      "a": "673 of the 1,232 firms in Illinois 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."
    },
    {
      "q": "Are the financial advisors in Illinois fiduciaries?",
      "a": "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 432 firms that meet AdvisorCensus's fee-only test report none of those sales ties."
    },
    {
      "q": "How do I check whether a financial advisor has disciplinary disclosures?",
      "a": "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."
    },
    {
      "q": "Does AdvisorCensus rate, verify, or recommend these firms?",
      "a": "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."
    },
    {
      "q": "What does regulatory assets under management mean?",
      "a": "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."
    }
  ],
  "period": "2026-10-01",
  "answer_paragraph": "AdvisorCensus lists 590 investment advisory firms with a principal office in Illinois that report fixed fees among their Form ADV Item 5.E compensation arrangements, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below, and read the methodology block for how this page is derived.",
  "about_market": null,
  "citation": "AdvisorCensus. Flat-fee financial advisors in Illinois: 590 firms from Form ADV filings as of October 2026.",
  "total_firms": 590,
  "page": 7,
  "total_pages": 12,
  "sort": "name",
  "registration_types": {
    "sec": 313,
    "state": 277,
    "exempt": 0
  },
  "fee_model_mix": [
    {
      "code": "fee-only",
      "count": 229
    },
    {
      "code": "percentage_of_aum",
      "count": 526
    },
    {
      "code": "hourly",
      "count": 342
    },
    {
      "code": "subscription",
      "count": 8
    },
    {
      "code": "fixed",
      "count": 590
    },
    {
      "code": "commissions",
      "count": 33
    },
    {
      "code": "performance_based",
      "count": 63
    },
    {
      "code": "other",
      "count": 69
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "years_registered_distribution": [
    {
      "code": "under_5",
      "count": 189
    },
    {
      "code": "5_to_9",
      "count": 129
    },
    {
      "code": "10_to_19",
      "count": 154
    },
    {
      "code": "20_plus",
      "count": 118
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "raum_band_distribution": [
    {
      "code": "under_25m",
      "count": 137
    },
    {
      "code": "25m_100m",
      "count": 92
    },
    {
      "code": "100m_500m",
      "count": 154
    },
    {
      "code": "500m_1b",
      "count": 47
    },
    {
      "code": "1b_5b",
      "count": 50
    },
    {
      "code": "over_5b",
      "count": 52
    },
    {
      "code": "not_reported",
      "count": 58
    }
  ],
  "firms": [
    {
      "crd_number": 317036,
      "name": "Lester Financial Group, LLC",
      "name_as_filed": "LESTER FINANCIAL GROUP, LLC",
      "url": "https://advisorcensus.com/firm/lester-financial-group-llc-champaign-il-317036",
      "city": "Champaign",
      "state": "IL",
      "years_registered": 4,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 171753,
      "name": "Lestna Retirement, LLC",
      "name_as_filed": "LESTNA RETIREMENT, LLC",
      "url": "https://advisorcensus.com/firm/lestna-retirement-llc-171753",
      "city": null,
      "state": null,
      "years_registered": 12,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 157683,
      "name": "Life Planning Solutions, LLC",
      "name_as_filed": "LIFE PLANNING SOLUTIONS, LLC",
      "url": "https://advisorcensus.com/firm/life-planning-solutions-llc-157683",
      "city": null,
      "state": null,
      "years_registered": 15,
      "raum_band": "under_25m",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 296911,
      "name": "Lifepoint Planning",
      "name_as_filed": "LIFEPOINT PLANNING",
      "url": "https://advisorcensus.com/firm/lifepoint-planning-schaumburg-il-296911",
      "city": "Schaumburg",
      "state": "IL",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 341748,
      "name": "Lifewise Wealth Advisors",
      "name_as_filed": "LIFEWISE WEALTH ADVISORS",
      "url": "https://advisorcensus.com/firm/lifewise-wealth-advisors-champaign-il-341748",
      "city": "Champaign",
      "state": "IL",
      "years_registered": 0,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 145054,
      "name": "Lighthouse Financial & Consulting Services, LLC",
      "name_as_filed": "LIGHTHOUSE FINANCIAL & CONSULTING SERVICES, LLC",
      "url": "https://advisorcensus.com/firm/lighthouse-financial-and-consulting-services-llc-springfield-il-145054",
      "city": "Springfield",
      "state": "IL",
      "years_registered": 17,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed",
        "commissions"
      ],
      "enhanced": false
    },
    {
      "crd_number": 333779,
      "name": "Lincolnbridge Financial Planning, LLC",
      "name_as_filed": "LINCOLNBRIDGE FINANCIAL PLANNING, LLC",
      "url": "https://advisorcensus.com/firm/lincolnbridge-financial-planning-llc-oglesby-il-333779",
      "city": "Oglesby",
      "state": "IL",
      "years_registered": 1,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 117611,
      "name": "Locke Financial Services, Inc.",
      "name_as_filed": "LOCKE FINANCIAL SERVICES, INC.",
      "url": "https://advisorcensus.com/firm/locke-financial-services-inc-palatine-il-117611",
      "city": "Palatine",
      "state": "IL",
      "years_registered": 14,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 123517,
      "name": "Long Financial Planning",
      "name_as_filed": "LONG FINANCIAL PLANNING",
      "url": "https://advisorcensus.com/firm/long-financial-planning-123517",
      "city": null,
      "state": null,
      "years_registered": 24,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 323443,
      "name": "Long Planning, LLC",
      "name_as_filed": "LONG PLANNING, LLC",
      "url": "https://advisorcensus.com/firm/long-planning-llc-geneva-il-323443",
      "city": "Geneva",
      "state": "IL",
      "years_registered": 3,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 159343,
      "name": "Long Run Investment Management, LLC",
      "name_as_filed": "LONG RUN INVESTMENT MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/long-run-investment-management-llc-buffalo-grove-il-159343",
      "city": "Buffalo Grove",
      "state": "IL",
      "years_registered": 14,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 308030,
      "name": "Longshore Capital Partners",
      "name_as_filed": "LONGSHORE CAPITAL PARTNERS",
      "url": "https://advisorcensus.com/firm/longshore-capital-partners-chicago-il-308030",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 6,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed",
        "performance_based"
      ],
      "enhanced": false
    },
    {
      "crd_number": 43098,
      "name": "Loop Capital Markets LLC",
      "name_as_filed": "LOOP CAPITAL MARKETS LLC",
      "url": "https://advisorcensus.com/firm/loop-capital-markets-llc-chicago-il-43098",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 14,
      "raum_band": "not_reported",
      "compensation_types": [
        "fixed",
        "commissions",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 297928,
      "name": "Loop Investment Advisors LLC",
      "name_as_filed": "LOOP INVESTMENT ADVISORS LLC",
      "url": "https://advisorcensus.com/firm/loop-investment-advisors-llc-chicago-il-297928",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 6,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed",
        "performance_based"
      ],
      "enhanced": false
    },
    {
      "crd_number": 168209,
      "name": "LRL Financial Planning Services, Inc.",
      "name_as_filed": "LRL FINANCIAL PLANNING SERVICES, INC.",
      "url": "https://advisorcensus.com/firm/lrl-financial-planning-services-inc-168209",
      "city": null,
      "state": null,
      "years_registered": 12,
      "raum_band": "not_reported",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 326880,
      "name": "Lucas Group Financial Advisors, LLC",
      "name_as_filed": "LUCAS GROUP FINANCIAL ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/lucas-group-financial-advisors-llc-freeport-il-326880",
      "city": "Freeport",
      "state": "IL",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 17643,
      "name": "Mack Investment Securities, Inc.",
      "name_as_filed": "MACK INVESTMENT SECURITIES, INC.",
      "url": "https://advisorcensus.com/firm/mack-investment-securities-inc-northfield-il-17643",
      "city": "Northfield",
      "state": "IL",
      "years_registered": 39,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed",
        "commissions"
      ],
      "enhanced": false
    },
    {
      "crd_number": 143382,
      "name": "Macro Wealth Management, Inc.",
      "name_as_filed": "MACRO WEALTH MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/macro-wealth-management-inc-peoria-il-143382",
      "city": "Peoria",
      "state": "IL",
      "years_registered": 19,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed",
        "commissions",
        "performance_based",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 342901,
      "name": "Madison Lasalle Advisers LLC",
      "name_as_filed": "MADISON LASALLE ADVISERS LLC",
      "url": "https://advisorcensus.com/firm/madison-lasalle-advisers-llc-chicago-il-342901",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 146036,
      "name": "Main Street Investment Advisors, LLC",
      "name_as_filed": "MAIN STREET INVESTMENT ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/main-street-investment-advisors-llc-northbrook-il-146036",
      "city": "Northbrook",
      "state": "IL",
      "years_registered": 8,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 146615,
      "name": "Mainstreet Advisors",
      "name_as_filed": "MAINSTREET ADVISORS",
      "url": "https://advisorcensus.com/firm/mainstreet-advisors-chicago-il-146615",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 18,
      "raum_band": "over_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 139272,
      "name": "Maley Financial Planning",
      "name_as_filed": "MALEY FINANCIAL PLANNING",
      "url": "https://advisorcensus.com/firm/maley-financial-planning-139272",
      "city": null,
      "state": null,
      "years_registered": 20,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 307739,
      "name": "Manifest",
      "name_as_filed": "MANIFEST",
      "url": "https://advisorcensus.com/firm/manifest-chicago-il-307739",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 6,
      "raum_band": "not_reported",
      "compensation_types": [
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 328353,
      "name": "Maplewood Wealth",
      "name_as_filed": "MAPLEWOOD WEALTH",
      "url": "https://advisorcensus.com/firm/maplewood-wealth-328353",
      "city": null,
      "state": null,
      "years_registered": 2,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 130516,
      "name": "Marcus Capital, LLC",
      "name_as_filed": "MARCUS CAPITAL, LLC",
      "url": "https://advisorcensus.com/firm/marcus-capital-llc-northfield-il-130516",
      "city": "Northfield",
      "state": "IL",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 341653,
      "name": "Margin Advisory Group LLC",
      "name_as_filed": "MARGIN ADVISORY GROUP LLC",
      "url": "https://advisorcensus.com/firm/margin-advisory-group-llc-mount-carmel-il-341653",
      "city": "Mount Carmel",
      "state": "IL",
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 21572,
      "name": "Marquette Associates, Inc.",
      "name_as_filed": "MARQUETTE ASSOCIATES, INC.",
      "url": "https://advisorcensus.com/firm/marquette-associates-inc-chicago-il-21572",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 29,
      "raum_band": "over_5b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 123097,
      "name": "Martin Financial Management",
      "name_as_filed": "MARTIN FINANCIAL MANAGEMENT",
      "url": "https://advisorcensus.com/firm/martin-financial-management-123097",
      "city": null,
      "state": null,
      "years_registered": 24,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 336851,
      "name": "MC Wealth Advisors LLC",
      "name_as_filed": "MC WEALTH ADVISORS LLC",
      "url": "https://advisorcensus.com/firm/mc-wealth-advisors-llc-336851",
      "city": null,
      "state": null,
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 167188,
      "name": "McBeath Financial Group",
      "name_as_filed": "MCBEATH FINANCIAL GROUP",
      "url": "https://advisorcensus.com/firm/mcbeath-financial-group-normal-il-167188",
      "city": "Normal",
      "state": "IL",
      "years_registered": 2,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 154891,
      "name": "McCulley Financial Group, LLC",
      "name_as_filed": "MCCULLEY FINANCIAL GROUP, LLC",
      "url": "https://advisorcensus.com/firm/mcculley-financial-group-llc-westchester-il-154891",
      "city": "Westchester",
      "state": "IL",
      "years_registered": 2,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 164252,
      "name": "McDonnell Capital Management",
      "name_as_filed": "MCDONNELL CAPITAL MANAGEMENT",
      "url": "https://advisorcensus.com/firm/mcdonnell-capital-management-frankfort-il-164252",
      "city": "Frankfort",
      "state": "IL",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 286623,
      "name": "McKenna Capital, Inc.",
      "name_as_filed": "MCKENNA CAPITAL, INC.",
      "url": "https://advisorcensus.com/firm/mckenna-capital-inc-wheaton-il-286623",
      "city": "Wheaton",
      "state": "IL",
      "years_registered": 9,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 125735,
      "name": "McLaughlin Asset Management, Inc.",
      "name_as_filed": "MCLAUGHLIN ASSET MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/mclaughlin-asset-management-inc-danville-il-125735",
      "city": "Danville",
      "state": "IL",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 158707,
      "name": "McNally Advisors, LLC",
      "name_as_filed": "MCNALLY ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/mcnally-advisors-llc-chicago-il-158707",
      "city": "Chicago",
      "state": "IL",
      "years_registered": 15,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed",
        "performance_based"
      ],
      "enhanced": false
    },
    {
      "crd_number": 107694,
      "name": "Mediqus Asset Advisors, Inc.",
      "name_as_filed": "MEDIQUS ASSET ADVISORS, INC.",
      "url": "https://advisorcensus.com/firm/mediqus-asset-advisors-inc-chicago-il-107694",
      "city": "Chicago",
      "state": "IL",
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  "csv": null,
  "source": {
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    "as_of": "2026-10-01",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
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}
