{
  "crd_number": 111594,
  "slug": "detterbeck-wealth-management-palatine-il-111594",
  "primary_business_name": "DETTERBECK WEALTH MANAGEMENT",
  "legal_name": "DWM FINANCIAL GROUP, INC.",
  "dbas": [],
  "city": "Palatine",
  "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": "2017-05-08",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-06-16",
  "carried_forward": false,
  "raum_total": 279209017.0,
  "raum_discretionary": 260490132.0,
  "raum_non_discretionary": 18718885.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 30424062.0,
      "count": 75
    },
    "high_net_worth_individuals": {
      "raum": 248784955.0,
      "count": 90
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CO",
    "FL",
    "IL",
    "LA",
    "NC",
    "NH",
    "SC"
  ],
  "websites": [
    "https://dwmgmt.com",
    "https://facebook.com/DetterbeckWealthManagement",
    "https://linkedin.com/company/detterbeck-wealth-management",
    "https://x.com/DetterbeckWM"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111594",
  "city_as_filed": "PALATINE",
  "url": "https://advisorcensus.com/firm/detterbeck-wealth-management-palatine-il-111594",
  "display_name": "Detterbeck Wealth Management",
  "summary": "Detterbeck Wealth Management is an SEC-registered investment advisory firm in Palatine, IL, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 16, 2026.",
  "citation": "AdvisorCensus. Detterbeck Wealth Management (CRD 111594): 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"
  ],
  "quick_answers": [
    {
      "q": "How is Detterbeck Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Detterbeck Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Detterbeck Wealth Management located?",
      "a": "Detterbeck Wealth Management's principal office is in Palatine, IL, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Detterbeck Wealth Management registered with the SEC or a state?",
      "a": "Detterbeck Wealth Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 111594."
    },
    {
      "q": "How much does Detterbeck Wealth Management manage?",
      "a": "Detterbeck Wealth Management reports $279,209,017 in regulatory assets under management in its Form ADV filing dated June 16, 2026 (93% discretionary)."
    },
    {
      "q": "How have Detterbeck Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Detterbeck Wealth Management: Regulatory assets under management: $226,691,687 in the October 2021 data and $279,209,017 in the October 2026 data, up 23%. Total employees: 6 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Detterbeck Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (90); individuals (other than high net worth individuals) (75)."
    },
    {
      "q": "Which custodians does Detterbeck Wealth Management use?",
      "a": "Detterbeck Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Detterbeck Wealth Management 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/111594"
    },
    {
      "q": "What changed in Detterbeck Wealth Management's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Registered or notice-filed in CO."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 226691687.0,
      "total_employees": 6,
      "filing_date": "2021-05-19"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 294056910.0,
      "total_employees": 6,
      "filing_date": "2022-02-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 224008484.0,
      "total_employees": 6,
      "filing_date": "2023-06-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 223742553.0,
      "total_employees": 6,
      "filing_date": "2024-07-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 252120838.0,
      "total_employees": 6,
      "filing_date": "2025-07-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 279209017.0,
      "total_employees": 6,
      "filing_date": "2026-06-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Registered or notice-filed in CO."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $252,120,838 to $279,209,017 (+11%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in AZ, TX."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in AZ."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., 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/detterbeck-wealth-management-palatine-il-111594.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 75,
      "fewer_than_5": false,
      "raum": 30424062.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 90,
      "fewer_than_5": false,
      "raum": 248784955.0
    }
  ],
  "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/111594",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}