{ "crd_number": 333344, "slug": "chicago-oakbrook-financial-group-oak-brook-il-333344", "primary_business_name": "CHICAGO OAKBROOK FINANCIAL GROUP", "legal_name": "COFG ADVISORS, LLC", "dbas": [ "401K TEAM" ], "city": "Oak Brook", "state": "IL", "country": "United States", "cbsa_code": "16980", "metro": { "cbsa_code": "16980", "common_name": "Chicago", "msa_name": "Chicago-Naperville-Elgin, IL-IN", "path": "/advisors/il/chicago" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2024-11-06", "years_registered": 1, "period": "2026-10-01", "filing_date": "2026-02-18", "carried_forward": false, "raum_total": 1209198018.0, "raum_discretionary": 1111693596.0, "raum_non_discretionary": 97504422.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 19, "advisory_employees": 9, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 1615572.0, "count": null, "fewer_than_5": true }, "individuals": { "raum": 479236782.0, "count": 1147 }, "pension_profit_sharing": { "raum": 89655269.0, "count": 20 }, "high_net_worth_individuals": { "raum": 631770717.0, "count": 189 }, "corporations_other_businesses": { "raum": 6919678.0, "count": 24 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "pension_consulting", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AZ", "CA", "CO", "FL", "GA", "IL", "IN", "MA", "MI", "NC", "NY", "TN", "TX", "WA", "WI" ], "websites": [ "https://cofgroup.com", "https://facebook.com/COFGroup.Advisor", "https://linkedin.com/company/chicago-oakbrook-financial-group" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333344", "city_as_filed": "OAK BROOK", "url": "https://advisorcensus.com/firm/chicago-oakbrook-financial-group-oak-brook-il-333344", "display_name": "Chicago Oakbrook Financial Group", "summary": "Chicago Oakbrook Financial Group is an SEC-registered investment advisory firm in Oak Brook, IL, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 18, 2026.", "citation": "AdvisorCensus. Chicago Oakbrook Financial Group (CRD 333344): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Pension consulting services", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Chicago Oakbrook Financial Group compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Chicago Oakbrook Financial Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "How much does Chicago Oakbrook Financial Group charge?", "a": "Its Form ADV Part 2A brochure dated February 18, 2026 states: Hourly rate: $500 an hour (stand-alone financial planning services); Flat fee: $40,000 (stand-alone financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Chicago Oakbrook Financial Group located?", "a": "Chicago Oakbrook Financial Group's principal office is in Oak Brook, IL, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Chicago Oakbrook Financial Group registered with the SEC or a state?", "a": "Chicago Oakbrook Financial Group is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 333344." }, { "q": "How much does Chicago Oakbrook Financial Group manage?", "a": "Chicago Oakbrook Financial Group reports $1,209,198,018 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (92% discretionary)." }, { "q": "How have Chicago Oakbrook Financial Group's assets and staff changed since 2025?", "a": "In the Form ADV data for Chicago Oakbrook Financial Group: Regulatory assets under management: $907,280,235 in the October 2025 data and $1,209,198,018 in the October 2026 data, up 33%. Total employees: 18 in October 2025 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Chicago Oakbrook Financial Group serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,147); high net worth individuals (189); corporations or other businesses not listed above (24)." }, { "q": "Which custodians does Chicago Oakbrook Financial Group use?", "a": "Chicago Oakbrook Financial Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Chicago Oakbrook Financial Group report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/333344" }, { "q": "What changed in Chicago Oakbrook Financial Group's recent Form ADV filings?", "a": "In the March 2026 filing data: Regulatory assets under management went from $907,280,235 to $1,209,198,018 (+33%). Employees performing advisory functions went from 8 to 9." } ], "filing_history": [ { "period": "2025-10-01", "regulatory_assets_under_management": 907280235.0, "total_employees": 18, "filing_date": "2025-03-04" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1209198018.0, "total_employees": 19, "filing_date": "2026-02-18" } ], "recent_changes": [ { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Regulatory assets under management went from $907,280,235 to $1,209,198,018 (+33%).", "Employees performing advisory functions went from 8 to 9." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated February 18, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [ "Hourly rate: $500 an hour (stand-alone financial planning services)", "Flat fee: $40,000 (stand-alone financial planning services)" ], "figures": [ { "label": "Planning fee", "statements": [ "Hourly rate: $500 an hour (stand-alone financial planning services)" ], "quotes": [ "COFG also offers stand-alone financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range up to $500 per hour." ] }, { "label": "Planning fee", "statements": [ "Flat fee: $40,000 (stand-alone financial planning services)" ], "quotes": [ "COFG also offers stand-alone financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range up to $500 per hour. Fixed fees range up to $40,000." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": null, "minimum_annual_fee": null, "planning": [ { "kind": "hourly", "amount": 500.0, "min": null, "max": null, "period": "hour", "service": "stand-alone financial planning services" }, { "kind": "flat", "amount": 40000.0, "min": null, "max": null, "period": "one_time", "service": "stand-alone financial planning services" } ] }, "quotes": [ "COFG also offers stand-alone financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range up to $500 per hour.", "COFG also offers stand-alone financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range up to $500 per hour. Fixed fees range up to $40,000." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "Raymond James & Associates, Inc.", "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/chicago-oakbrook-financial-group-oak-brook-il-333344.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 1147, "fewer_than_5": false, "raum": 479236782.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 189, "fewer_than_5": false, "raum": 631770717.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 20, "fewer_than_5": false, "raum": 89655269.0 }, { "type": "charitable", "label": "Charitable organizations", "count": null, "fewer_than_5": true, "raum": 1615572.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 24, "fewer_than_5": false, "raum": 6919678.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333344", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }