AdvisorCensus / Financial advisors / Illinois / Chicago / Illuminate Wealth Management
Illuminate Wealth Management
Filed as ILLUMINATE WEALTH MANAGEMENT · Legal name Illuminate Wealth Management LLC
Illuminate Wealth Management is an SEC-registered investment advisory firm in Barrington, IL, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 20, 2026.
Quick answers
From the filingHow is Illuminate Wealth Management compensated?
On its Form ADV (Item 5.E, October 2026), Illuminate Wealth Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Illuminate Wealth Management located?
Illuminate Wealth Management's principal office is in Barrington, IL, according to its Form ADV; the June 2026 filing also lists 6 other offices (Schedule D, Section 1.F).
Is Illuminate Wealth Management registered with the SEC or a state?
Illuminate Wealth Management is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 306411.
How much does Illuminate Wealth Management manage?
Illuminate Wealth Management reports $167,593,585 in regulatory assets under management in its Form ADV filing dated May 20, 2026 (94% discretionary).
How have Illuminate Wealth Management's assets and staff changed since 2025?
In the Form ADV data for Illuminate Wealth Management: Regulatory assets under management: $120,089,076 in the October 2025 data and $167,593,585 in the October 2026 data, up 40%. Total employees: 4 in October 2025 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Illuminate Wealth Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (37); high net worth individuals (36); corporations or other businesses not listed above (4).
Which custodians does Illuminate Wealth Management use?
Illuminate Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC (affiliated with the firm) as custodians holding 10% or more of its separately managed account assets.
Does Illuminate 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/306411
Does Illuminate Wealth Management state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "There is no minimum account size; however, clients receiving comprehensive financial planning services and investment management services will be assessed a minimum annual fees as noted." "Otherwise, our firm does not impose any minimum account size requirements."
What changed in Illuminate Wealth Management's recent Form ADV filings?
In the June 2026 filing data: Registered or notice-filed in VA.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: None
The brochure's wording
There is no minimum account size; however, clients receiving comprehensive financial planning services and investment management services will be assessed a minimum annual fees as noted.
Otherwise, our firm does not impose any minimum account size requirements.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$167,593,585 as of October 2026, filing dated May 20, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Illuminate Wealth Management LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 6. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
6 other offices, as of the June 2026 filing
- States registered or notice-filed
-
7 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $167,593,585 | 6 | May 20, 2026 |
| October 2025 | $120,089,076 | 4 | June 17, 2025 |
Regulatory assets under management: $120,089,076 in the October 2025 data and $167,593,585 in the October 2026 data, up 40%.
Total employees: 4 in October 2025 and 6 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- June 2026
- Registered or notice-filed in VA.
- April 2026
- Employees performing advisory functions went from 1 to 2.
- Regulatory assets under management went from $120,089,076 to $167,593,585 (+40%).
- Changed its office addresses in Chicago, IL.
- Added an office in Brentwood, TN.
- Added an office in Carmel, IN.
- Added an office in Louisville, LA.
- No longer lists an office in Lake Forest, IL.
- Registered or notice-filed in TN.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Illuminate Wealth Management (CRD 306411): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/illuminate-wealth-management-barrington-il-306411