{
  "crd_number": 306411,
  "slug": "illuminate-wealth-management-barrington-il-306411",
  "primary_business_name": "ILLUMINATE WEALTH MANAGEMENT",
  "legal_name": "ILLUMINATE WEALTH MANAGEMENT LLC",
  "dbas": [],
  "city": "Barrington",
  "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": "2025-06-11",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-05-20",
  "carried_forward": false,
  "raum_total": 167593585.0,
  "raum_discretionary": 157537228.0,
  "raum_non_discretionary": 10056357.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 29439916.0,
      "count": 37
    },
    "high_net_worth_individuals": {
      "raum": 136234105.0,
      "count": 36
    },
    "corporations_other_businesses": {
      "raum": 1919564.0,
      "count": 4,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CO",
    "FL",
    "IL",
    "KY",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/illuminatewealthmanagement",
    "https://facebook.com/profile.php?id=61580242877671",
    "https://illuminatewm.com",
    "https://linkedin.com/company/illuminate-wealth-management",
    "https://twitter.com/IlluminateWM",
    "https://youtube.com/channel/UC-KnXj50ZSAMsP1WYKRC-Xw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/306411",
  "city_as_filed": "BARRINGTON",
  "url": "https://advisorcensus.com/firm/illuminate-wealth-management-barrington-il-306411",
  "display_name": "Illuminate Wealth Management",
  "summary": "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.",
  "citation": "AdvisorCensus. Illuminate Wealth Management (CRD 306411): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Illuminate Wealth Management compensated?",
      "a": "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)."
    },
    {
      "q": "Where is Illuminate Wealth Management located?",
      "a": "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)."
    },
    {
      "q": "Is Illuminate Wealth Management registered with the SEC or a state?",
      "a": "Illuminate Wealth Management is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 306411."
    },
    {
      "q": "How much does Illuminate Wealth Management manage?",
      "a": "Illuminate Wealth Management reports $167,593,585 in regulatory assets under management in its Form ADV filing dated May 20, 2026 (94% discretionary)."
    },
    {
      "q": "How have Illuminate Wealth Management's assets and staff changed since 2025?",
      "a": "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."
    },
    {
      "q": "What types of clients does Illuminate Wealth Management serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Illuminate Wealth Management use?",
      "a": "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."
    },
    {
      "q": "Does Illuminate 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/306411"
    },
    {
      "q": "Does Illuminate Wealth Management state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Illuminate Wealth Management's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Registered or notice-filed in VA."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 120089076.0,
      "total_employees": 4,
      "filing_date": "2025-06-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 167593585.0,
      "total_employees": 6,
      "filing_date": "2026-05-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Registered or notice-filed in VA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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."
      ]
    }
  ],
  "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": [
          "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."
        ]
      }
    ],
    "quotes": [
      "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."
    ],
    "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": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": true
    }
  ],
  "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/illuminate-wealth-management-barrington-il-306411.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 37,
      "fewer_than_5": false,
      "raum": 29439916.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 36,
      "fewer_than_5": false,
      "raum": 136234105.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": true,
      "raum": 1919564.0
    }
  ],
  "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/306411",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}