AdvisorCensus / Financial advisors / Illinois / Champaign / Lifewise Wealth Advisors
Lifewise Wealth Advisors
Filed as LIFEWISE WEALTH ADVISORS · Legal name Central Illinois Group, LLC
Lifewise Wealth Advisors is an SEC-registered investment advisory firm in Champaign, IL, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 11, 2026.
Quick answers
From the filingHow is Lifewise Wealth Advisors compensated?
On its Form ADV (Item 5.E, October 2026), Lifewise Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Lifewise Wealth Advisors located?
Lifewise Wealth Advisors' principal office is in Champaign, IL, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Lifewise Wealth Advisors registered with the SEC or a state?
Lifewise Wealth Advisors is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 341748.
How much does Lifewise Wealth Advisors manage?
Lifewise Wealth Advisors reports $491,909,807 in regulatory assets under management in its Form ADV filing dated September 11, 2026 (99% discretionary).
What types of clients does Lifewise Wealth Advisors serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (300); high net worth individuals (133).
Does Lifewise Wealth Advisors 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/341748
Does Lifewise Wealth Advisors state an account minimum?
Its Form ADV Part 2A brochure dated May 12, 2026 says: "LifeWise does not impose a minimum portfolio size or a minimum initial investment to open an account."
What changed in Lifewise Wealth Advisors' recent Form ADV filings?
In the October 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $0 to $491,909,807. Registered or notice-filed in FL, IN, MO, TX. Updated its list of owners and control persons (Schedule A).
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 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: None
The brochure's wording
LifeWise does not impose a minimum portfolio size or a minimum initial investment to open an account.
As stated in the firm's Form ADV Part 2A brochure dated May 12, 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$491,909,807 as of October 2026, filing dated September 11, 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
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Central Illinois Group, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 8. Performing investment advisory functions: 6.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the October 2026 filing
- States registered or notice-filed
-
5 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
Changes in the filing
Last 12 months- October 2026
- Employees performing advisory functions went from 5 to 6.
- Regulatory assets under management went from $0 to $491,909,807.
- Registered or notice-filed in FL, IN, MO, TX.
- Updated its list of owners and control persons (Schedule A).
- July 2026
- Newly registered with the SEC.
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. Lifewise Wealth Advisors (CRD 341748): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/lifewise-wealth-advisors-champaign-il-341748