{ "crd_number": 316636, "slug": "highpoint-planning-partners-downers-grove-il-316636", "primary_business_name": "HIGHPOINT PLANNING PARTNERS", "legal_name": "HIGHPOINT ADVISOR GROUP, LLC", "dbas": [ "BLACK DIAMOND PLANNERS", "CHASE ENTERPRISES FINANCIAL", "CORE WEALTH PLANNING", "C|E|F ADVISORS GROUP", "DOAK FINANCIAL, LLC", "EBERLIN FINANCIAL SERVICES", "EINSPAR FAMILY FINANCIAL", "ELEVATION WEALTH MANAGEMENT", "FINANCIAL PLANNING FOR GENERATION X", "G/R WEALTH MANAGEMENT GROUP LLC", "HIGHPOINT ADVISOR GROUP", "HIGHPOINT PLANNING PARTNERS", "INTRINSIC WEALTH MANAGEMENT", "J. KAHN & ASSOCIATES LLC", "KELLER PETERSON WEALTH ADVISORS, LLC", "KENNEDY FINANCIAL GROUP, LLC", "LLOYD WEALTH ADVISORS", "MCCABE FINANCIAL GROUP", "MIDWEST FAMILY WEALTH MANAGEMENT", "MIKE LYNCH, INC.", "MURPHY WEALTH MANAGEMENT", "ONPATH FINANCIAL, LLC", "PARTNERS ADVISORS LTD.", "PROFESSIONAL WEALTH ADVISORS LLC", "R. KNAPP FINANCIAL INC", "ROGER J. ENSMINGER & ASSOCIATES", "ROUND HILL WEALTH MANAGEMENT", "RSM FINANCIAL SOLUTIONS", "SA PIGGUSH BUSINESS & RETIREMENT PLANNING", "STONEBRIDGE WEALTH ADVISORS", "TMS WEALTH LLC", "TOMORROW'S WEALTH PLANNING", "TWG BENEFITS", "TWG WEALTH PLANNING", "VANDERVOORN & ASSOC", "VANTAGE FINANCIAL" ], "city": "Downers Grove", "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": "2021-10-29", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-07-30", "carried_forward": false, "raum_total": 4783000000.0, "raum_discretionary": 4783000000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 106, "advisory_employees": 102, "client_count_bucket": null, "clients_by_type": { "other": { "raum": 0.0, "count": 0 }, "charitable": { "raum": 31000000.0, "count": 25 }, "individuals": { "raum": 1231000000.0, "count": 5856 }, "banking_thrift": { "raum": 0.0, "count": 0 }, "state_municipal": { "raum": 0.0, "count": 0 }, "insurance_companies": { "raum": 0.0, "count": 0 }, "investment_companies": { "raum": 0.0, "count": 0 }, "pension_profit_sharing": { "raum": 31000000.0, "count": 27 }, "other_investment_advisers": { "raum": 0.0, "count": 0 }, "high_net_worth_individuals": { "raum": 3446000000.0, "count": 3304 }, "pooled_investment_vehicles": { "raum": 0.0, "count": 0 }, "corporations_other_businesses": { "raum": 44000000.0, "count": 46 }, "business_development_companies": { "raum": 0.0, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 0.0, "count": 0 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "pension_consulting", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": true, "disclosure_yes_count": 7, "states_registered": [ "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "NE", "NH", "NJ", "NV", "NY", "OH", "OK", "OR", "PA", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "WA", "WI", "WV", "WY" ], "websites": [ "https://blackdiamondplanners.com", "https://chaseentfinancial.com", "https://corewealthplanning.com", "https://doakfinancial.com", "https://einsparfamilyfinancial.com", "https://elevationwealthteam.com", "https://facebook.com/10150114899785526", "https://facebook.com/108377165236102", "https://facebook.com/113709610372227", "https://facebook.com/1648817885394086", "https://facebook.com/169472979729835", "https://facebook.com/572576296238500", "https://facebook.com/715537275154902", "https://facebook.com/DoakFinancial", "https://facebook.com/OnPath-OutReach-111297665578949", "https://facebook.com/ProfessionalWealthAdvisors", "https://facebook.com/RLloydCo", "https://facebook.com/TWGWealthPlanning", "https://facebook.com/ToddVanDerVoornFinancialWealth", "https://facebook.com/corewealthplanning", "https://facebook.com/einsparfamilyfinancial", "https://facebook.com/kennedyfinancialgroup", "https://facebook.com/onpathfinancial", "https://facebook.com/p/McCabe-Financial-Group-100063997064713", "https://facebook.com/people/Chase-Enterprises-Financial/100063992593833", "https://facebook.com/people/Intrinsic-Wealth-Management/61580965510994", "https://facebook.com/roundhillwealth", "https://facebook.com/sapiggush", "https://facebook.com/stonebridgewealthadvisors", "https://grwmg.com", "https://highpointplanningpartners.com", "https://instagram.com/doakfinancial", "https://instagram.com/twgwealthplanning", "https://intrinsicinvestment.com", "https://kennedyfg.com", "https://kpwateam.com", "https://linkedin.com/company/104814562", "https://linkedin.com/company/22321672", "https://linkedin.com/company/74679395", "https://linkedin.com/company/77119341", "https://linkedin.com/company/cefadvisorsgroup", "https://linkedin.com/company/einsparfamilyfinancial", "https://linkedin.com/company/elevation-wealth-management-llc", "https://linkedin.com/company/intrinsic-wealth-management", "https://linkedin.com/company/kennedy-financial-group-llc", "https://linkedin.com/company/mccabe-financial-group-mfgchicago", "https://linkedin.com/company/onpath-financial-llc/about", "https://linkedin.com/company/professional-wealth-advisors-llc", "https://linkedin.com/company/sa-piggush-financial-consultants", "https://linkedin.com/company/stonebridgewealthadvisorsllc", "https://linkedin.com/company/twgwealthplanning", "https://linkedin.com/company/vantage-financial-partners-ltd", "https://linkedin.com/company/vantage-financial-partners-ltd/posts?feedView=all", "https://linkedin.com/in/highpoint-advisor-group-3335029b", "https://lplmidwest.com", "https://m.facebook.com/p/Black-Diamond-Planners-100057015267186", "https://mccabefinancialgroup.com", "https://midwestfamilywealth.com", "https://mikelynch.com", "https://murphywealthmanagement.com", "https://onpathfinancial.com", "https://paltd.com", "https://professionalwealthadvisors.com", "https://rlloyd.net", "https://roundhillwealth.com", "https://rsmfinancialsolutions.com", "https://sapiggush.com", "https://stonebridgewealthadvisors.com", "https://theschaffnitgroup.com", "https://tomorrowswealthplanning.com", "https://twgwealthplanning.com", "https://twitter.com/DoakFinancial", "https://twitter.com/SAPiggush", "https://twitter.com/TWGWealthPlan", "https://twitter.com/onpathfinancial", "https://twitter.com/roundhillwealth", "https://vantagefinancial.com", "https://x.com/RoundHillWealth", "https://x.com/SAPiggush", "https://x.com/doakfinancial", "https://x.com/onpathfinancial", "https://x.com/twgwealthplan", "https://youtube.com/channel/UCvqk3XISyb9jS_kjG--Myzw" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/316636", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" }, { "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.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": "DOWNERS GROVE", "url": "https://advisorcensus.com/firm/highpoint-planning-partners-downers-grove-il-316636", "display_name": "Highpoint Planning Partners", "summary": "Highpoint Planning Partners is an SEC-registered investment advisory firm in Downers Grove, IL, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.", "citation": "AdvisorCensus. Highpoint Planning Partners (CRD 316636): 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 businesses (other than small businesses) or institutional clients", "Pension consulting services", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Highpoint Planning Partners compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Highpoint Planning Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Highpoint Planning Partners located?", "a": "Highpoint Planning Partners' principal office is in Downers Grove, IL, according to its Form ADV; the August 2026 filing also lists 20 other offices (Schedule D, Section 1.F)." }, { "q": "Is Highpoint Planning Partners registered with the SEC or a state?", "a": "Highpoint Planning Partners is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 316636." }, { "q": "How much does Highpoint Planning Partners manage?", "a": "Highpoint Planning Partners reports $4,783,000,000 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary)." }, { "q": "How have Highpoint Planning Partners' assets and staff changed since 2022?", "a": "In the Form ADV data for Highpoint Planning Partners: Regulatory assets under management: $3,622,083,000 in the October 2022 data and $4,783,000,000 in the October 2026 data, up 32%. Total employees: 104 in October 2022 and 106 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Highpoint Planning Partners serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (5,856); high net worth individuals (3,304); corporations or other businesses not listed above (46)." }, { "q": "Which custodians does Highpoint Planning Partners use?", "a": "Highpoint Planning Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Highpoint Planning Partners report any disciplinary disclosures?", "a": "Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(2), 11.E(4)). 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/316636" }, { "q": "Does Highpoint Planning Partners state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"HPAG requires a minimum account of $5,000 for investment advisory clients, although the minimum is negotiable under certain circumstances.\"" }, { "q": "What changed in Highpoint Planning Partners' recent Form ADV filings?", "a": "In the August 2026 filing data: Added the business name TMS Wealth LLC." } ], "filing_history": [ { "period": "2022-10-01", "regulatory_assets_under_management": 3622083000.0, "total_employees": 104, "filing_date": "2022-05-27" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2569000000.0, "total_employees": 104, "filing_date": "2023-03-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3001000000.0, "total_employees": 96, "filing_date": "2024-06-05" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3999000000.0, "total_employees": 104, "filing_date": "2025-04-08" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4783000000.0, "total_employees": 106, "filing_date": "2026-07-30" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Added the business name TMS Wealth LLC." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "No longer lists the business name Shamrock Financial Planning.", "No longer lists the business name Sansone & Associates, P.C..", "No longer lists the business name Kennedy Financial Group.", "No longer lists the business name Keith E. Murphy.", "No longer lists the business name LPL Financial.", "Added the business name Kennedy Financial Group, LLC.", "Added the business name Murphy Wealth Management.", "Added the business name C|E|F Advisors Group.", "Employees performing advisory functions went from 100 to 102.", "Regulatory assets under management went from $3,999,000,000 to $4,783,000,000 (+20%).", "Changed its office addresses in Downers Grove, IL.", "Added an office in Forest Park, IL.", "Added an office in Palatine, IL.", "No longer lists an office in Arlington Heights, IL.", "No longer lists an office in Oak Park, IL." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 27, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$5,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $5,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "HPAG requires a minimum account of $5,000 for investment advisory clients, although the minimum is negotiable under certain circumstances." ] } ], "quotes": [ "HPAG requires a minimum account of $5,000 for investment advisory clients, although the minimum is negotiable under certain circumstances." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "LPL Financial LLC", "name_as_filed": "LPL FINANCIAL LLC", "affiliated": false }, { "name": "National Financial Services LLC", "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC", "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/highpoint-planning-partners-downers-grove-il-316636.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 5856, "fewer_than_5": false, "raum": 1231000000.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 3304, "fewer_than_5": false, "raum": 3446000000.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "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": 31000000.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 25, "fewer_than_5": false, "raum": 31000000.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 46, "fewer_than_5": false, "raum": 44000000.0 }, { "type": "other", "label": "Other", "count": 0, "fewer_than_5": false, "raum": 0.0 } ], "disclosure_line": "Reports 7 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/316636", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }