{
  "crd_number": 169613,
  "slug": "fourstar-wealth-advisors-llc-chicago-il-169613",
  "primary_business_name": "FOURSTAR WEALTH ADVISORS, LLC",
  "legal_name": "FOURSTAR WEALTH ADVISORS, LLC",
  "dbas": [
    "FAMILY WEALTH LEGACY ADVISORS",
    "FINANCIAL PLANNING STRATEGIES"
  ],
  "city": "Chicago",
  "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": "2017-04-21",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-09-30",
  "carried_forward": false,
  "raum_total": 1420690494.0,
  "raum_discretionary": 1420690494.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 48,
  "advisory_employees": 37,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 8654949.0,
      "count": 4
    },
    "individuals": {
      "raum": 396859230.0,
      "count": 1466
    },
    "pension_profit_sharing": {
      "raum": 31809168.0,
      "count": 27
    },
    "high_net_worth_individuals": {
      "raum": 968362223.0,
      "count": 287
    },
    "pooled_investment_vehicles": {
      "raum": 8071747.0,
      "count": 2
    },
    "corporations_other_businesses": {
      "raum": 6933177.0,
      "count": 12
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 5,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "DC",
    "DE",
    "FL",
    "GA",
    "IL",
    "IN",
    "KS",
    "KY",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI"
  ],
  "websites": [
    "https://advice.fieldstonefinancial.com",
    "https://collarstocks.blog",
    "https://fieldstonefinancial.com",
    "https://financialadvisorsworkshop.com",
    "https://fourstarwealth.com",
    "https://lifelongincome.com",
    "https://main.advisoryoptionsforcpas.com",
    "https://main.cutmyfeesinhalf.com",
    "https://main.fieldstonefinancial.com",
    "https://sustainableretirementincome.com",
    "https://theleadershipmatrix.blog",
    "https://timeto.planyourexitstrategy.com",
    "https://todaysmarketexplained.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/169613",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/fourstar-wealth-advisors-llc-chicago-il-169613",
  "display_name": "Fourstar Wealth Advisors, LLC",
  "summary": "Fourstar Wealth Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.",
  "citation": "AdvisorCensus. Fourstar Wealth Advisors, LLC (CRD 169613): 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",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Fourstar Wealth Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fourstar Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Fourstar Wealth Advisors, LLC located?",
      "a": "Fourstar Wealth Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV; the October 2026 filing also lists 16 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Fourstar Wealth Advisors, LLC registered with the SEC or a state?",
      "a": "Fourstar Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 169613."
    },
    {
      "q": "How much does Fourstar Wealth Advisors, LLC manage?",
      "a": "Fourstar Wealth Advisors, LLC reports $1,420,690,494 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Fourstar Wealth Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Fourstar Wealth Advisors, LLC: Regulatory assets under management: $487,829,283 in the October 2021 data and $1,420,690,494 in the October 2026 data, up 191%. Total employees: 25 in October 2021 and 48 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Fourstar Wealth Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,466); high net worth individuals (287); pension and profit sharing plans (but not the plan participants or government pension plans) (27)."
    },
    {
      "q": "Which custodians does Fourstar Wealth Advisors, LLC use?",
      "a": "Fourstar Wealth Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Raymond James & Associates, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Fourstar Wealth Advisors, LLC report any disciplinary disclosures?",
      "a": "Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction), 11.E(2) (self-regulatory organization's finding of a rule violation), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/169613"
    },
    {
      "q": "Does Fourstar Wealth Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"FourStar does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship.\""
    },
    {
      "q": "What changed in Fourstar Wealth Advisors, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Added the business name Financial Planning Strategies. Added an office in Oakbrook, IL. No longer lists an office in Oakbrook Terrace, IL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 487829283.0,
      "total_employees": 25,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 604467943.0,
      "total_employees": 26,
      "filing_date": "2022-09-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 677126448.0,
      "total_employees": 29,
      "filing_date": "2023-10-01"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1018874410.0,
      "total_employees": 43,
      "filing_date": "2024-05-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1240902908.0,
      "total_employees": 50,
      "filing_date": "2025-06-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1420690494.0,
      "total_employees": 48,
      "filing_date": "2026-09-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Added the business name Financial Planning Strategies.",
        "Added an office in Oakbrook, IL.",
        "No longer lists an office in Oakbrook Terrace, IL."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Item 11 disclosure answers changed: 5 yes answers, previously 0 (now yes: 11.D(2), 11.D(4), 11.D(5), 11.E(2), 11.E(4)).",
        "Employees performing advisory functions went from 45 to 37.",
        "Regulatory assets under management went from $1,240,902,908 to $1,420,690,494 (+14%).",
        "Added an office in Cape Coral, FL.",
        "Registered or notice-filed in OK, OR."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Added an office in Colorado Springs, CO."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in MN, MO, VT, WA."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Changed its office addresses in Los Angeles, CA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "FourStar does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."
        ]
      }
    ],
    "quotes": [
      "FourStar does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "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/fourstar-wealth-advisors-llc-chicago-il-169613.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1466,
      "fewer_than_5": false,
      "raum": 396859230.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 287,
      "fewer_than_5": false,
      "raum": 968362223.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 8071747.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 27,
      "fewer_than_5": false,
      "raum": 31809168.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": false,
      "raum": 8654949.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 12,
      "fewer_than_5": false,
      "raum": 6933177.0
    }
  ],
  "disclosure_line": "Reports 5 disclosure items on Form ADV Item 11.",
  "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/169613",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}