# Detterbeck Wealth Management

> 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.

- CRD: 111594
- Filed as: DETTERBECK WEALTH MANAGEMENT
- Legal name: DWM Financial Group, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Palatine, IL
- Filing period: October 2026
- Form ADV filing dated: June 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111594
- AdvisorCensus page: https://advisorcensus.com/firm/detterbeck-wealth-management-palatine-il-111594

## Quick answers

**How is Detterbeck Wealth Management compensated?**
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).

**Where is Detterbeck Wealth Management located?**
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).

**Is Detterbeck Wealth Management registered with the SEC or a state?**
Detterbeck Wealth Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 111594.

**How much does Detterbeck Wealth Management manage?**
Detterbeck Wealth Management reports $279,209,017 in regulatory assets under management in its Form ADV filing dated June 16, 2026 (93% discretionary).

**How have Detterbeck Wealth Management's assets and staff changed since 2021?**
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.

**What types of clients does Detterbeck Wealth Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (90); individuals (other than high net worth individuals) (75).

**Which custodians does Detterbeck Wealth Management use?**
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.

**Does Detterbeck Wealth Management report any disciplinary disclosures?**
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

**What changed in Detterbeck Wealth Management's recent Form ADV filings?**
In the July 2026 filing data: Registered or notice-filed in CO.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $279,209,017
- Discretionary: $260,490,132
- Non-discretionary: $18,718,885

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 75 | $30,424,062 |
| High net worth individuals | 90 | $248,784,955 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2017 (9 years)
- Employees: 6 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, IL, LA, NC, NH, SC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Mt. Pleasant, SC

### Websites listed on Form ADV (Item 1.I)
- dwmgmt.com
- Facebook @DetterbeckWealthManagement
- LinkedIn @detterbeck-wealth-management
- X @DetterbeckWM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $226,691,687 | 6 | May 19, 2021 |
| October 2022 | $294,056,910 | 6 | February 25, 2022 |
| October 2023 | $224,008,484 | 6 | June 28, 2023 |
| October 2024 | $223,742,553 | 6 | July 8, 2024 |
| October 2025 | $252,120,838 | 6 | July 17, 2025 |
| October 2026 | $279,209,017 | 6 | June 16, 2026 |

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.

## Changes in the filing (last 12 months)

### July 2026
- Registered or notice-filed in CO.

### April 2026
- Regulatory assets under management went from $252,120,838 to $279,209,017 (+11%).
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in AZ, TX.

### December 2025
- Registered or notice-filed in AZ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Detterbeck Wealth Management (CRD 111594): Form ADV filing data as of October 2026.