# Fee-only financial advisors in Wisconsin

> AdvisorCensus lists 156 investment advisory firms with a principal office in Wisconsin that meet AdvisorCensus's fee-only test: paid only by client fees on Form ADV Item 5.E, with no employee registered with a broker-dealer or licensed as an insurance agent, no brokerage, insurance, or real estate sales business or related company, and no referral fees from others, 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.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/wi/fee-only/page/3

## At a glance

- Investment advisory firms: 156
- Registration: SEC-registered investment adviser: 70, State-registered investment adviser: 86
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 156 (100%); Percentage of assets 149 (96%); Hourly charges 59 (38%); Subscription fees (newsletter or periodical) 1 (1%); Fixed fees 78 (50%)
- Regulatory assets under management (Item 5.F): Under $25 million 55 (35%); $25 million to $100 million 27 (17%); $100 million to $500 million 40 (26%); $500 million to $1 billion 11 (7%); $1 billion to $5 billion 11 (7%); Over $5 billion 4 (3%); Not reported 8 (5%)
- Years registered: Under 5 years 54 (35%); 5 to 9 years 22 (14%); 10 to 19 years 43 (28%); 20 years or more 37 (24%)

## Firms (page 3 of 4, 101 to 150 of 156, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [Milestone Investment Advisors, LLC](https://advisorcensus.com/firm/milestone-investment-advisors-llc-middleton-wi-168429) ([md](https://advisorcensus.com/firm/milestone-investment-advisors-llc-middleton-wi-168429.md)) | 168429 | Middleton, WI | SEC-registered investment adviser | $500 million to $1 billion | 13 | % of assets, Hourly |
| [Navigant Consulting](https://advisorcensus.com/firm/navigant-consulting-301929) ([md](https://advisorcensus.com/firm/navigant-consulting-301929.md)) | 301929 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 7 | % of assets |
| [Nelson Financial Services](https://advisorcensus.com/firm/nelson-financial-services-328297) ([md](https://advisorcensus.com/firm/nelson-financial-services-328297.md)) | 328297 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 3 | % of assets |
| [Neuenschwander Asset Management, LLC](https://advisorcensus.com/firm/neuenschwander-asset-management-llc-mcfarland-wi-125179) ([md](https://advisorcensus.com/firm/neuenschwander-asset-management-llc-mcfarland-wi-125179.md)) | 125179 | McFarland, WI | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Fixed fee |
| [North Star Asset Management Inc](https://advisorcensus.com/firm/north-star-asset-management-inc-neenah-wi-106489) ([md](https://advisorcensus.com/firm/north-star-asset-management-inc-neenah-wi-106489.md)) | 106489 | Neenah, WI | SEC-registered investment adviser | $1 billion to $5 billion | 30 | % of assets |
| [Northlake Capital Management, LLC](https://advisorcensus.com/firm/northlake-capital-management-llc-bayfield-wi-132006) ([md](https://advisorcensus.com/firm/northlake-capital-management-llc-bayfield-wi-132006.md)) | 132006 | Bayfield, WI | State-registered investment adviser | $25 million to $100 million | 14 | % of assets, Fixed fee |
| [Omelina Group Wealth Management Inc.](https://advisorcensus.com/firm/omelina-group-wealth-management-inc-169334) ([md](https://advisorcensus.com/firm/omelina-group-wealth-management-inc-169334.md)) | 169334 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 12 | % of assets |
| [Operose Advisors LLC](https://advisorcensus.com/firm/operose-advisors-llc-milwaukee-wi-287465) ([md](https://advisorcensus.com/firm/operose-advisors-llc-milwaukee-wi-287465.md)) | 287465 | Milwaukee, WI | SEC-registered investment adviser | $1 billion to $5 billion | 6 | % of assets, Fixed fee |
| [Orgel Wealth Management, LLC](https://advisorcensus.com/firm/orgel-wealth-management-llc-altoona-wi-168219) ([md](https://advisorcensus.com/firm/orgel-wealth-management-llc-altoona-wi-168219.md)) | 168219 | Altoona, WI | SEC-registered investment adviser | Over $5 billion | 13 | % of assets, Fixed fee |
| [Paladin Partners](https://advisorcensus.com/firm/paladin-partners-hartland-wi-132024) ([md](https://advisorcensus.com/firm/paladin-partners-hartland-wi-132024.md)) | 132024 | Hartland, WI | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee |
| [Pamela Otten LLC](https://advisorcensus.com/firm/pamela-otten-llc-156826) ([md](https://advisorcensus.com/firm/pamela-otten-llc-156826.md)) | 156826 | Not reported, Not reported | State-registered investment adviser | Not reported | 15 | % of assets, Fixed fee |
| [Pavlic Investment Advisors, Inc.](https://advisorcensus.com/firm/pavlic-investment-advisors-inc-delafield-wi-111246) ([md](https://advisorcensus.com/firm/pavlic-investment-advisors-inc-delafield-wi-111246.md)) | 111246 | Delafield, WI | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets |
| [PJS Investment Management](https://advisorcensus.com/firm/pjs-investment-management-cedarburg-wi-104701) ([md](https://advisorcensus.com/firm/pjs-investment-management-cedarburg-wi-104701.md)) | 104701 | Cedarburg, WI | SEC-registered investment adviser | $500 million to $1 billion | 44 | % of assets, Fixed fee |
| [Portfolio Design Services, LLC](https://advisorcensus.com/firm/portfolio-design-services-llc-river-falls-wi-131506) ([md](https://advisorcensus.com/firm/portfolio-design-services-llc-river-falls-wi-131506.md)) | 131506 | River Falls, WI | SEC-registered investment adviser | $100 million to $500 million | 11 | % of assets, Hourly, Fixed fee |
| [Precision Capital Planning LLC](https://advisorcensus.com/firm/precision-capital-planning-llc-342875) ([md](https://advisorcensus.com/firm/precision-capital-planning-llc-342875.md)) | 342875 | Not reported, Not reported | State-registered investment adviser | Not reported | 0 | % of assets, Hourly, Fixed fee |
| [Premium Alpha Capital, LLC](https://advisorcensus.com/firm/premium-alpha-capital-llc-338140) ([md](https://advisorcensus.com/firm/premium-alpha-capital-llc-338140.md)) | 338140 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 1 | % of assets |
| [Prism Wealth Management](https://advisorcensus.com/firm/prism-wealth-management-middleton-wi-281702) ([md](https://advisorcensus.com/firm/prism-wealth-management-middleton-wi-281702.md)) | 281702 | Middleton, WI | State-registered investment adviser | $25 million to $100 million | 10 | % of assets |
| [Professional Financial Management, Inc.](https://advisorcensus.com/firm/professional-financial-management-inc-appleton-wi-154016) ([md](https://advisorcensus.com/firm/professional-financial-management-inc-appleton-wi-154016.md)) | 154016 | Appleton, WI | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee |
| [Prophet Wealth Management](https://advisorcensus.com/firm/prophet-wealth-management-kenosha-wi-113481) ([md](https://advisorcensus.com/firm/prophet-wealth-management-kenosha-wi-113481.md)) | 113481 | Kenosha, WI | State-registered investment adviser | $25 million to $100 million | 14 | % of assets, Hourly |
| [Provident Trust Company](https://advisorcensus.com/firm/provident-trust-company-waukesha-wi-110118) ([md](https://advisorcensus.com/firm/provident-trust-company-waukesha-wi-110118.md)) | 110118 | Waukesha, WI | SEC-registered investment adviser | Over $5 billion | 25 | % of assets |
| [RB Investment Management Inc.](https://advisorcensus.com/firm/rb-investment-management-inc-little-suamico-wi-318967) ([md](https://advisorcensus.com/firm/rb-investment-management-inc-little-suamico-wi-318967.md)) | 318967 | Little Suamico, WI | State-registered investment adviser | Under $25 million | 4 | % of assets, Hourly, Fixed fee |
| [Red Granite Wealth Management](https://advisorcensus.com/firm/red-granite-wealth-management-manitowoc-wi-330066) ([md](https://advisorcensus.com/firm/red-granite-wealth-management-manitowoc-wi-330066.md)) | 330066 | Manitowoc, WI | State-registered investment adviser | Under $25 million | 2 | % of assets, Hourly |
| [Revise Capital LLC](https://advisorcensus.com/firm/revise-capital-llc-327778) ([md](https://advisorcensus.com/firm/revise-capital-llc-327778.md)) | 327778 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 3 | % of assets |
| [REX Leigh Jones](https://advisorcensus.com/firm/rex-leigh-jones-madison-wi-113117) ([md](https://advisorcensus.com/firm/rex-leigh-jones-madison-wi-113117.md)) | 113117 | Madison, WI | State-registered investment adviser | $25 million to $100 million | 30 | % of assets |
| [RIVER1 Asset Management LLC](https://advisorcensus.com/firm/river1-asset-management-llc-milwaukee-wi-329230) ([md](https://advisorcensus.com/firm/river1-asset-management-llc-milwaukee-wi-329230.md)) | 329230 | Milwaukee, WI | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets |
| [RWH Asset Management](https://advisorcensus.com/firm/rwh-asset-management-kenosha-wi-168983) ([md](https://advisorcensus.com/firm/rwh-asset-management-kenosha-wi-168983.md)) | 168983 | Kenosha, WI | State-registered investment adviser | Under $25 million | 12 | % of assets |
| [Shakespeare Wealth Management, LLC](https://advisorcensus.com/firm/shakespeare-wealth-management-llc-pewaukee-wi-111950) ([md](https://advisorcensus.com/firm/shakespeare-wealth-management-llc-pewaukee-wi-111950.md)) | 111950 | Pewaukee, WI | SEC-registered investment adviser | $500 million to $1 billion | 11 | % of assets |
| [Significance Capital Management LLC](https://advisorcensus.com/firm/significance-capital-management-llc-milwaukee-wi-331940) ([md](https://advisorcensus.com/firm/significance-capital-management-llc-milwaukee-wi-331940.md)) | 331940 | Milwaukee, WI | SEC-registered investment adviser | Under $25 million | 0 | % of assets |
| [Sperka Investment Management, LLC](https://advisorcensus.com/firm/sperka-investment-management-llc-313417) ([md](https://advisorcensus.com/firm/sperka-investment-management-llc-313417.md)) | 313417 | Not reported, Not reported | State-registered investment adviser | $25 million to $100 million | 5 | % of assets |
| [Spruce Hill Capital](https://advisorcensus.com/firm/spruce-hill-capital-334549) ([md](https://advisorcensus.com/firm/spruce-hill-capital-334549.md)) | 334549 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly |
| [Stockbridge Private Wealth Management, LLC](https://advisorcensus.com/firm/stockbridge-private-wealth-management-llc-171869) ([md](https://advisorcensus.com/firm/stockbridge-private-wealth-management-llc-171869.md)) | 171869 | Not reported, Not reported | State-registered investment adviser | $25 million to $100 million | 12 | % of assets |
| [Sullivan Investment Management LLC](https://advisorcensus.com/firm/sullivan-investment-management-llc-wisconsin-rapids-wi-289217) ([md](https://advisorcensus.com/firm/sullivan-investment-management-llc-wisconsin-rapids-wi-289217.md)) | 289217 | Wisconsin Rapids, WI | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets |
| [Summit Financial Management LLC](https://advisorcensus.com/firm/summit-financial-management-llc-mequon-wi-285353) ([md](https://advisorcensus.com/firm/summit-financial-management-llc-mequon-wi-285353.md)) | 285353 | Mequon, WI | State-registered investment adviser | $25 million to $100 million | 9 | % of assets, Hourly, Fixed fee |
| [T. Anton Investment House, Inc.](https://advisorcensus.com/firm/t-anton-investment-house-inc-madison-wi-174970) ([md](https://advisorcensus.com/firm/t-anton-investment-house-inc-madison-wi-174970.md)) | 174970 | Madison, WI | SEC-registered investment adviser | $100 million to $500 million | 9 | % of assets |
| [The Kieckhefer Group](https://advisorcensus.com/firm/the-kieckhefer-group-mequon-wi-331128) ([md](https://advisorcensus.com/firm/the-kieckhefer-group-mequon-wi-331128.md)) | 331128 | Mequon, WI | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets |
| [The Milwaukee Company](https://advisorcensus.com/firm/the-milwaukee-company-thiensville-wi-123452) ([md](https://advisorcensus.com/firm/the-milwaukee-company-thiensville-wi-123452.md)) | 123452 | Thiensville, WI | SEC-registered investment adviser | $1 billion to $5 billion | 22 | % of assets |
| [The Milwealth Group, LLC](https://advisorcensus.com/firm/the-milwealth-group-llc-milwaukee-wi-108931) ([md](https://advisorcensus.com/firm/the-milwealth-group-llc-milwaukee-wi-108931.md)) | 108931 | Milwaukee, WI | SEC-registered investment adviser | $100 million to $500 million | 26 | % of assets |
| [The Olympia Group LLC](https://advisorcensus.com/firm/the-olympia-group-llc-326874) ([md](https://advisorcensus.com/firm/the-olympia-group-llc-326874.md)) | 326874 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 3 | % of assets, Hourly |
| [Thomas Financial Planning, LLC](https://advisorcensus.com/firm/thomas-financial-planning-llc-120726) ([md](https://advisorcensus.com/firm/thomas-financial-planning-llc-120726.md)) | 120726 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 23 | % of assets |
| [Thompson Investment Management, Inc.](https://advisorcensus.com/firm/thompson-investment-management-inc-madison-wi-129609) ([md](https://advisorcensus.com/firm/thompson-investment-management-inc-madison-wi-129609.md)) | 129609 | Madison, WI | SEC-registered investment adviser | $1 billion to $5 billion | 22 | % of assets, Fixed fee |
| [Tone Financial Advisors, LLC](https://advisorcensus.com/firm/tone-financial-advisors-llc-139873) ([md](https://advisorcensus.com/firm/tone-financial-advisors-llc-139873.md)) | 139873 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 20 | % of assets |
| [Top Shelf Advisors](https://advisorcensus.com/firm/top-shelf-advisors-316463) ([md](https://advisorcensus.com/firm/top-shelf-advisors-316463.md)) | 316463 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 4 | % of assets |
| [Tower View Wealth Management LLC](https://advisorcensus.com/firm/tower-view-wealth-management-llc-oshkosh-wi-108739) ([md](https://advisorcensus.com/firm/tower-view-wealth-management-llc-oshkosh-wi-108739.md)) | 108739 | Oshkosh, WI | SEC-registered investment adviser | $100 million to $500 million | 9 | % of assets, Hourly, Fixed fee |
| [Transform Retirement](https://advisorcensus.com/firm/transform-retirement-green-bay-wi-317252) ([md](https://advisorcensus.com/firm/transform-retirement-green-bay-wi-317252.md)) | 317252 | Green Bay, WI | State-registered investment adviser | Under $25 million | 4 | Hourly, Fixed fee |
| [Valkyrie Financial](https://advisorcensus.com/firm/valkyrie-financial-313178) ([md](https://advisorcensus.com/firm/valkyrie-financial-313178.md)) | 313178 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 5 | % of assets, Hourly, Fixed fee |
| [Verus Wealth Management](https://advisorcensus.com/firm/verus-wealth-management-de-pere-wi-323130) ([md](https://advisorcensus.com/firm/verus-wealth-management-de-pere-wi-323130.md)) | 323130 | De Pere, WI | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Fixed fee |
| [Vestura, LLC](https://advisorcensus.com/firm/vestura-llc-hobart-wi-142926) ([md](https://advisorcensus.com/firm/vestura-llc-hobart-wi-142926.md)) | 142926 | Hobart, WI | SEC-registered investment adviser | $100 million to $500 million | 11 | % of assets |
| [Walkner Condon Financial Advisors LLC](https://advisorcensus.com/firm/walkner-condon-financial-advisors-llc-verona-wi-160109) ([md](https://advisorcensus.com/firm/walkner-condon-financial-advisors-llc-verona-wi-160109.md)) | 160109 | Verona, WI | SEC-registered investment adviser | $1 billion to $5 billion | 7 | % of assets, Fixed fee |
| [Walleye Partners LLC](https://advisorcensus.com/firm/walleye-partners-llc-madison-wi-333435) ([md](https://advisorcensus.com/firm/walleye-partners-llc-madison-wi-333435.md)) | 333435 | Madison, WI | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets |
| [Warden Wealth Management, LLC](https://advisorcensus.com/firm/warden-wealth-management-llc-milwaukee-wi-150493) ([md](https://advisorcensus.com/firm/warden-wealth-management-llc-milwaukee-wi-150493.md)) | 150493 | Milwaukee, WI | State-registered investment adviser | $25 million to $100 million | 16 | % of assets, Hourly, Fixed fee |

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## Questions people ask

**How many financial advisory firms are there in Wisconsin?**
AdvisorCensus lists 416 investment advisory firms with a principal office in Wisconsin, from Form ADV filings as of October 2026: 196 SEC-registered, 180 state-registered, and 40 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 Wisconsin?**
156 of the 416 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 Wisconsin offer financial planning?**
253 of the 376 firms in Wisconsin 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 Wisconsin 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 156 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.

## Related pages

- [Financial advisors in Wisconsin](https://advisorcensus.com/advisors/wi) (https://advisorcensus.com/advisors/wi.md)
- [Flat-fee financial advisors in Wisconsin](https://advisorcensus.com/advisors/wi/flat-fee) (https://advisorcensus.com/advisors/wi/flat-fee.md)
- [Hourly financial advisors in Wisconsin](https://advisorcensus.com/advisors/wi/hourly) (https://advisorcensus.com/advisors/wi/hourly.md)
- [Fee-only financial advisors in Milwaukee, WI](https://advisorcensus.com/advisors/wi/milwaukee/fee-only) (https://advisorcensus.com/advisors/wi/milwaukee/fee-only.md)
- [Fee-only financial advisors in Madison, WI](https://advisorcensus.com/advisors/wi/madison/fee-only) (https://advisorcensus.com/advisors/wi/madison/fee-only.md)
- [Fee-only financial advisors in Green Bay, WI](https://advisorcensus.com/advisors/wi/green-bay/fee-only) (https://advisorcensus.com/advisors/wi/green-bay/fee-only.md)
- [Fee-only financial advisors in Appleton, WI](https://advisorcensus.com/advisors/wi/appleton/fee-only) (https://advisorcensus.com/advisors/wi/appleton/fee-only.md)
- [Fee-only financial advisors in Oshkosh, WI](https://advisorcensus.com/advisors/wi/oshkosh/fee-only) (https://advisorcensus.com/advisors/wi/oshkosh/fee-only.md)
- [Fee-only financial advisors in Eau Claire, WI](https://advisorcensus.com/advisors/wi/eau-claire/fee-only) (https://advisorcensus.com/advisors/wi/eau-claire/fee-only.md)
- [Fee-only financial advisors in Kenosha, WI](https://advisorcensus.com/advisors/wi/kenosha/fee-only) (https://advisorcensus.com/advisors/wi/kenosha/fee-only.md)
- [Fee-only financial advisors in La Crosse, WI](https://advisorcensus.com/advisors/wi/la-crosse/fee-only) (https://advisorcensus.com/advisors/wi/la-crosse/fee-only.md)
- [Fee-only financial advisors in Racine, WI](https://advisorcensus.com/advisors/wi/racine/fee-only) (https://advisorcensus.com/advisors/wi/racine/fee-only.md)
- [Fee-only financial advisors in Wausau, WI](https://advisorcensus.com/advisors/wi/wausau/fee-only) (https://advisorcensus.com/advisors/wi/wausau/fee-only.md)

Cite as: AdvisorCensus. Fee-only financial advisors in Wisconsin: 156 firms from Form ADV filings as of October 2026.